The heart of India
International Business Machines Corp , which ruled computing in the age of the mainframe, is targeting $40 billion in annual revenue from the cloud, big data, security and other growth areas by 2018. The aggressive target, set by IBM executives at the company’s annual investor meeting in New York on […]
GANDHINAGAR: Adani Power LtdBSE -1.70 % (APL) has emerged as the biggest private sector electricity seller to the Gujarat government in the last two years. The government purchased 26,235 million units (MU) of electricity, nearly half of the total produced by state-owned entities, from Adani Power in the last two […]
NEW DELHI: The Defence Ministry has shortlisted a consortium of Tata Power-Strategic Electronics Division (SED) and Larsen & Toubro for the battlefield management project, the order value of which in the production phase may be as much as Rs 50,000 crore. As per the requirement of the procurement procedure, both […]
SolarCity Corp on Thursday said it created a $750 million fund to finance about 25,000 residential solar projects, with Google Inc investing nearly half the funding. The money will be used by SolarCity to put solar panels on homes. Homeowners then will pay a monthly fee to lease the panels […]
NEW DELHI: In a Railway Budget focused on enhancing passenger experience, Rail Minister Suresh Prabhu on Thursday announced multiple initiatives including better ticketing facilities, upgraded stations and cleaner trains. Prabhu increased the funds allotment for passenger amenities by 67%. “We are launching initiatives that will systematically address customer concerns about […]