India Tender and Business News

Mitsubishi and Singapore Gov Affiliate Company Form Major Urban Development JV

With an eye to the growing importance of urban development especially in Southeast Asia's emerging economies, Mitsubishi Corporation (MC) and Surbana Jurong (SJ), a wholly-owned subsidiary of Temasek Holdings, a Singapore government affiliated investment company, have formed a joint venture targeting acquisition of $2.5 billion in urban development projects in Asia.

Sikkim to Decriminalize Drug Use

An official release from Sikkim in North India said the government plans to shift from treating drug use as a criminal act to considering it a disease instead.

India's ThreadSol Material Management Solutions Coming to Origin Africa

ThreadSol, an enterprise material management for sewn products company based in India, is coming to the Origin Africa products show coming up in Nairobi, Kenya, from September 9-11. With fashion and fabrics a major booming industry on the continent, ThreadSol hopes to make major inroads with its solutions set.

Godrej Buys Yuba and Ecolaire Brands From SPX Heat Transfer

Godrej Process Equipment, a business unit of Godrej & Boyce Mfg. Co. Ltd. headquartered in India, has acquired the Yuba and Ecolaire brands and design technologies from Oklahoma-based SPX Heat Transfer, a subsidiary of SPX Corporation, USA, a global supplier of highly engineered products and technologies.

An Aging Asia Creates Challenges for Its Leadership

For most of history all populations in the world grew with more children compared to the adult populations. Now Asia is facing a crisis because of the presence of less children and a higher percentage of adults. Representatives across the region gathered June 12-13 in Mongolia to discuss the issue.

iPass Expands Wi-Fi Footprint in India with BSNL

Redwood Shores, California-based iPass Inc., a provider of global mobile connectivity, announced a partnership with Bharat Sanchar Nigam Limited (“BSNL”), a major telecoms service provider in India, to expand Wi-Fi footprint in the country.

TechnipFMC Wins EPCC Contracts for Two Fertilizer Complexes in India

TechnipFMC, in consortium with L&T Hydrocarbon Engineering (LTHE), has been awarded by Hindustan Urvarak and Rasayan Limited (HURL) major Engineering, Procurement, Construction and Commissioning (EPCC) contracts for two state-of-the-art, natural gas based fertilizer complexes in Eastern India.

Azure Power Announces 130 MW Solar Power Project in Maharashtra

Azure Power, an independent solar power producer based in India, announced that it has won a 130 MW solar power project which was recently auctioned by Maharashtra State Electricity Distribution Company Limited (MSEDCL), rated A by ICRA, a Moody’s company.

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