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TEMA Seeks Government’s Intervention in Getting Dues From BSNL

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The letter cited Finance Minister Nirmala Sitharaman’s recent direction asking government departments to clear outstanding dues of suppliers and service providers. October 6, 2019 Telecom vendors’ association TEMA has sought Communications Minister Ravi Shankar Prasad’s intervention in getting Rs 3,000 crore dues from BSNL, even despite the state-run firm has......
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Adani Transmission Acquires Arm of REC Transmission Projects

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This project also takes the company closer to its target of setting up 20,000 ckt km of transmission lines by 2022. October 14, 2019 Adani Transmission (ATL) has signed a share purchase agreement and completed the acquisition of the WRSS XXI (A) Transco Ltd, incorporated by REC Transmission Projects Company.......
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Indian Railways Opens Second Largest Cable Stayed Bridge in West Bengal

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For the development of the cable stayed bridge with approach connectivity, the MoU was signed with the state government in March 2015. Currently, the 188.4 meter-long cable stayed bridge project is under the final stage of completion. September 24, 2019 Indian Railways has achieved another milestone in West Bengal. Railway......
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Sterlite Technologies to Acquire European Data Centre Design Company IDS

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The acquisition solidifies STL’s position in the cloud and data centre market and brings access to two of the top global cloud providers into its customer pool. September 30, 2019 Sterlite Technologies Ltd., a global data network solutions company has announced the acquisition of IDS Group, a data centre network......
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Telecom Sector to Attract Foreign Investment Worth USD 50 Billion

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As reported in a leading daily, lower corporate tax for greenfield units could give India an edge over Vietnam and Malaysia in attracting top dollars into local gear production. September 24, 2019 According to the experts, the sharp cut in corporate tax and lower rate for new domestic units is......
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Sterlite Power Wins Two Transmission Projects Worth Over INR 3000 Crore

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The Udupi Kasargode project would help in decongesting the transmission corridor to facilitate smoother power flow within the Southern Region. August 10, 2019 Sterlite Power, India’s leading private power transmission player has received a letter of award for two key inter-state projects worth over INR 3000 crore for Udupi-Kasargode and......
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