Indian IT like Wipro, Cognizant set to cash in on EU's privacy regime

THE ECONOMIC TIMES Wednesday, May 09, 2018 08:50:21 AM INDIA INVESTMENT

Defence

No tension between navies of India, China in IOR: Sitharaman The Indian Ocean, considered the backyard of the Indian Navy, is critical to India's strategic interests. The region has... With China encircling India, top commanders assess Navy's combat efficiency Sitharaman addressed senior commanders of the Indian Navy on the first day of the four-day conclave here that is being h... Funds to address critical shortfalls in Navy will be provided: Nirmala Sitharaman Sitharaman also assured naval commanders that the defence ministry is focussing on these issues and is implementing meas...

IT Sector

Indian IT like Wipro, Cognizant set to cash in on EU's privacy regime The General Data Protection Regulation is a comprehensive set of directives put in place by the European Union to protec... Airtel to roll out 8000 new mobile sites, 4200 kms of optic fiber in FY 18-19 in Maharshtra, Goa Post this infrastructure expansion, the number of Airtel's mobile sites in Maharashtra and Goa will increase by 25% to 3... 'Data centre infrastructure spends to grow marginally at 2.6% this year' The growth in data centre infrastructure hardware spending will be led by a 10 per cent increase in enterprise network e...

Pharma and Healthcare

Our offer will be fastest to implement: Sunil Kant Munjal on Fortis bid Munjal of Hero Enterprise and the Burman family of the Dabur group upped their proposal to invest INR 1,800 crore from R... CDSCO increases WHO GMP certificate to three years for ease of doing business The certificate was earlier valid for two years, said Drug Controller General of India Eswara Reddy during the 6th annua... Latest bid for India's Fortis "more risky", says Manipal CEO Indian businessmen Sunil Munjal and Anand Burman have also offered to buy a stake in Fortis at 167 rupees a share as par...

Small Biz

Growing leaders to grow your business: How small businesses can attract leadership talent It may seem counterintuitive, but companies wishing to attract and develop talent need to make both 'getting in'' and 'm... Tamil Nadu textile entrepreneurs turn to local market for growth In the absence of free trade agreements or similar arrangements enjoyed by competing nations, Indian entrepreneurs have ... How MSMEs will fire up India's defence system The plan is to link the cluster of companies with the academia for easy transfer of research with Indian and foreign com...

Retail

Reliance Retail sales cross $10 bn mark At ₹69,198 crore, Reliance Retail's revenue in the previous financial year exceeded the combined sales of rivals Future ... Disney & Me stores foray in India DLF Brands announced the opening of two Disney & Me stores -- one each in Noida and Gurugram -- through a licensing arra... Low prices the way forward for Future Group The Kishore Biyani-owned retail company is to adopt Walmart's 'everyday low price' strategy to take on both online and b...

Fashion / Jewellery

LoU ban won't impact Bengal's jewellery industry: GJPEC official This is because the instrument was used by some jewellers primarily for imports, but there was hardly any import compone... H&M launches online store in India "India will be the 45th global market where H&M has started online stores," H&M India Country Manager Janne Einola said.... Ban On Letters Of Undertaking: Bulk gold, diamond importers to be hit The RBI on Tuesday decided to "discontinue the practice of issuance of LoUs/ LoCs for Trade Credits for imports into Ind...

Energy

Storm prediction: Grid collapse risk looms The government is closely monitoring power supply situation in view of predictions of storms. The alert follows tripping... Half of India will have access to piped natural gas for cooking soon: Dharmendra Pradhan With an aim to turn India into a gas-based economy, the government is seeking to raise the share of natural gas in the c... China develops battery to store renewable energy An energy storage system with the batteries was piloted in Dalian Institute of Chemical Physics in northeast China's Lia...

Infrastructure

India's industrial, warehousing leasing to touch 20 mn sq ft in 2018: Report A CBRE South Asia report predicts that over the next two years, occupiers are expected to spend almost $48 million on le... Govt to monetise 2 more bundles of highway projects in May: NHAI chief Deepak Kumar said about 18 to 20 highway projects will be auctioned under TOT next month in two tranches that are expect... New highways to have ducts for telecom lines Telecom department will bid out stretches for building the ducts to private players, who will be responsible for maintai...

Engineering

BHEL wins Rs 137 cr order for renovation at Telangana TPS The PSU is already executing similar projects on turnkey basis for NTPC and state utilities including Gujarat State Elec... Reliance Infra bags Rs 1,081 crore EPC contract for Kudankulam nuclear project The contract entails design, engineering, supply, erection, testing and commissioning of SSC package and allied civil wo... Dhoot Transmission set to buy UK's Parkinson Harness Acquiring UK-based Parkinson Harness Technology would be the third strategic venture by Aurangabad-based Dhoot Transmiss...

Travel and Tourism

Tripshelf raises Rs 1.6 crore in Pre-Series A round This is a continuation of Tripshelf's Pre Series-A Funding Round received from GEMS Advisory in mid-2016; the total amou... Kerala Hydel Tourism Centre to expand activities to boost income A laser show is part of the proposed project at the Idukki archdam; The overall cost of the project is estimated at Rs 2... From Kyiv to Croatia, Indians set to beat the summer heat with offbeat trips Travellers are willing to explore new destinations and spend more time at a place to experience the local culture and cu...

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