Author: By NBM Team

HAL signs contract for export of ALH to Mauritius

NEW DELHI: In-line with government of India’s vision to boost defence exports to friendly foreign countries, Hindustan Aeronautics Limited (HAL) has  signed a contract with Govt. of Mauritius (GoM) for export of one Advanced Light Helicopter (ALH Mk III) for Mauritius Police Force. The government of Mauritius already operates HAL built ALH and Do-228 aircraft. […]

Microsoft to acquire Activision Blizzard

NEW DELHI: With three billion people actively playing games today, and fueled by a new generation steeped in the joys of interactive entertainment, gaming is now the largest and fastest-growing form of entertainment. Microsoft Corp. has announced plans to acquire Activision Blizzard Inc., a leader in game development and interactive entertainment content publisher. This acquisition […]

Jio pays Rs 30,791 crore to clear bulk of spectrum dues

NEW DELHI: Mukesh Ambani-led Reliance Jio Infocomm Ltd (RJIL), has announced that it has paid Rs.30,791 crore (including accrued interest) to the Department of Telecom (DoT) towards prepayment of the entire deferred liabilities pertaining to spectrum acquired in auctions of year 2014, 2015, 2016 and the spectrum acquired in year 2021 through trading of right […]

Delhi govt to deploy 1500 e-buses under DTC

NEW DELHI: The Delhi government will soon deploy 1,500 electric buses under the Delhi Transport Corporation(DTC) as it aims at 100 per cent electrification of public transport fleet, minister Kailash Gahlot said on Thursday. Earlier in the day, Central government agency Convergence Energy Services Ltd (CESL) launched the biggest ever tender worth about Rs 5,500 […]

SPAG Welcomes Government’s move to declare National Startup Day

New Delhi: The declaration of National Startup Day by Prime Minister Narendra Modi comes as a big boost to the ever-growing startup industry in India. PR & Advocacy firm, SPAG, works closely with startups, and welcomes this move as it will add tremendously to the existing growth trajectory of the sector. Already pegged to be […]

Annual investments into startups increase to $36 billion: DPIIT Secretary

NEW DELHI: Investors are taking huge interest in the country’s startup ecosystem and in the last one year, annual fundings into startups have increased from USD 11 billion to USD 36 billion, a top government official said on Saturday. Anurag Jain, Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT), said the […]

Prime Minister of India interacts with Startups

NEW DELHI: The Prime Minister Narendra Modi interacted with Startups today via video conferencing. The Startups gave presentations to the Prime Minister on six themes viz. Growing from Roots; Nudging the DNA; From Local to Global; Technology of Future; Building Champions in Manufacturing; and Sustainable Development. More than 150 startups were divided into six working groups […]

Megha Engineering, Adani Total Gas top winners of city gas distribution licences

NEW DELHI: Megha Engineering and Infrastructures Ltd (MEIL) walked away with the most 15 licences to retail CNG to automobiles and piped cooking gas to households in the latest city gas bidding round, while a joint venture of billionaire Gautam Adani’s gas arm and Total of France got 14 licences. According to the results of […]

Reliance Industries​ to invest Rs 6 lakh crore in green energy, other projects in Gujarat

NEW DELHI: Billionaire Mukesh Ambani-led Reliance Industries will invest Rs 5.95 lakh crore in green energy and other projects in Gujarat over the next 10-15 years as it looks to accelerate the clean energy business by building giga-factories. The oil-to-telecom conglomerate will invest Rs 5 lakh crore in the state to set up 100 gigawatts […]

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