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RESEARCH & DEVELOPMENT
Lockheed Martin eyeing India for R&D, products
Bangalore, July 21 Aerospace major Lockheed Martin Corporation expects to get some of its key R&D and production work done in India for its global markets, apart from the larger ambition of clinching the MRCAs or fighters deal of the ... More

SHIPPING
SCI to buy 12 vessels
Shipping Corporation of India (SCI) has been permitted to acquire 12 vessels with an investment of about Rs 3,193 crore. The Cabinet Committee on Economic Affairs has gave its approval to SCI to acquire four Aframax tankers of about 110,000 dead ... More

DCI gets nod to buy 3 dredgers
Dredging Corporation of India (DCI) can now procure three new trailer suction hopper dredgers from the Netherlands-based IHC Holland Merwede BV for Rs 1,087 crore. Each dredger would have a capacity of 5,000 cubic metres. The Cabinet Committee on ... More

RAILWAYS
Rlys’ AC train project in Mumbai
Indian Railways has decided to implement air-conditioned local train project in Mumbai on its own, instead of letting the private sector do it. Speaking at the conference of Chief secretaries here today, Mr V.N. Mathur, Member-Traffic, Indian ... More

ROADWAYS
NHAI board recast plan okayed
In order to equip the National Highways Authority of India (NHAI) to handle the public private partnership (PPP) projects in a better manner, the Cabinet has approved a board restructuring plan allowing for appointment of larger number of board ... More

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