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RGK names Airtel billing partner

India represents a major international market Barcelona-headquartered RGK Mobile, a forward-thinking global provider of digital content subscription services and mobile payment aggregation, has named Airtel a partner in its direct billing services in India.

World Bank building

World Bank signs US$318M loan for Tamil Nadu farmers

Loan to modernize tank irrigation system The World Bank has signed a US$318 million loan agreement for the Tamil Nadu Irrigated Agriculture Modernization Project to promote climate resilient agriculture technologies, improve water management practices, and increase market opportunities for small and marginal farmers.

Ducon sets up New York unit for global market

US$50 billion turbines-cogen plant market by 2022 India’s Ducon Infratechnologies Limited (BSE:534674, NSE:DUCON), has set up a wholly owned subsidiary, Ducon Combustion Equipment Inc. (DCE), in New York, to sell diversified combustion and power products to global markets where demand is projected at US$50 billion


Intelsat-LAMHAS in multi-year satellite pact

Intelsat technology is well placed in India Intelsat S.A. (NYSE: I), operator of the world’s first Globalized Network and leader in integrated satellite communications and LAMHAS, one of the fastest growing teleport operators in India, have signed a multi-year agreement for satellite services supporting media

Xander’s key deal to boost real estate investment

Automobile investments to generate office space demand. The global investment firm Xander Group’s key deal worth US$350 million to acquire the Special Economic Zone (SEZ) owned by Shriram Properties on Chennai’s GST Road in Q2 2017 will boosted foreign investment in the real estate sector.

ADB board members

ADB US$220m loan for Rajasthan road upgrades through PPP

2,000-km road-highway upgrades worth US$500m. The Asian Development Bank (ADB) has signed a US$220 million loan with the Indian government for improving connectivity as well as transport efficiency and safety on State Highways of Rajasthan. The loan is the first tranche of the US$500 million

FDI In India

Investors boost India’s ranking on Global Index

Survey reflects investors confidence in the Indian market. Foreign investors see India as a vast and diverse up-and-coming market with plans to increase investments there over the near to medium term, boosting its ranking to eight position on the Global Foreign Direct Investment (FDI) Index,

Shell technology Centre Bangalore

Bengalore tech hub to expand Shell R&D in Asia

Shell groups 1,500 experts at new tech centre Shell said its new technology hub in Bangalore is for expanding Research & Development activities in Asia.  Shell Technology Centre Bangalore (STCB), on 52-acre site, can house up to 1,500 experts working collaboratively on innovative projects worldwide.