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Infosys inks pact with Rolls-Royce Motor car

Infosys inks pact with Rolls-Royce

Indian software giant Infosys agrees on a pact with British corporation Rolls-Royce becoming its strategic long-term partner for delivering engineering and digital services. The engagement entails leverage of Infosys’ turbo...
Factory and Industrial Output Face Slowdowns

Factory and Industrial Output Face Slowdowns

Owing to the recent spike in food and oil prices, India’s factory growth slowed down and retail inflation saw a rise. Retail inflation rose from 2.05% last month to a...
Government ushers in new oil policy to promote domestic production

Government ushers in new oil policy to promote domestic production

With the present government emphasizing on the importance of reducing the fiscal deficit of the country, the government has tried to make changes to different multiple policies in order to...
RBI inflicts banks to cut interest rates.

RBI to force banks to cut interest rates

The Central Bank stated that they will soon get banks to cut the interest rates, the lending rates to the borrower. The reason for this action was blamed on the...
Suzlon Energy to restructure its FCCB’s

Suzlon Energy to restructure its FCCB

Suzlon Energy is set to reorganize their foreign currency convertible bonds (FCCB’s), thereby seeking help of Houlihan Lokey Inc., which are due in July, 2019. They are an American multinational...
Donald Trump terminates India from GSP program.

Donald Trump terminates India from GSP program

The Donald Trump regime has decided to remove India from GSP citing due to its inability to provide equitable access to its markets. Turkey is supposed to be removed too....
Ajay Kapur appointed as CEO of aluminium, power business of Vedanta Group

Ajay Kapur appointed as CEO of aluminium, power business of Vedanta Group

On Tuesday 5th march, 2019 Vedanta group appoints Mr. Ajay Kapur as a Chief Executive Officer for aluminium, power business .Earlier; Mr. Kapur was managing director and CEO of Ambuja...
ONGC receives bid from Schlumberger for upgradation of oilfields.

ONGC receives bid from Schlumberger for upgradation of oilfields

ONGC has received lone bid from the world’s largest oilfield services company Schlumberger, United States. ONGC made proposal’s to various oilfield services company with an aim to maximize the yields...
JSW Steel emerge victorious against Tata Steel to acquire BSPL

JSW Steel emerge victorious against Tata Steel to acquire BSPL

JSW Steel has acquired the stressed assets of Bhushan Steel and Power Limited (BSPL) after successfully winning the bid battle against Tata Steel. It expects to take over the operations...
Adani power’s SEZ project gets Government approval

Adani power’s SEZ project gets Government approval

On 3rd March 2019, The Government approved Adani Power’s Special Economic Zone (SEZ) project in Godda district in Jharkhand. The entailing investment of the company is around Rs. 14,000 crores....