With metros and monorails becoming popular as mass transit systems in India, global giants are setting up factories here. Bombardier’s Rs 200 crore plant in Savli, Gujarat, already supplies coaches to the Delhi Metro Rail Corp. (DMRC) as well as Adelaide, Australia. It rolls out at least one coach each day to meet orders worth Rs 4,850 crore. Alstom’s factory near Chennai is also in the works.
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Enterprise
93% Indian executives anticipate a cyber-budget increase next year: PwC
Cloud-related threats remain the foremost worry, cited by 55% of Indian executives as their most concerning cyber risk, marking a 3% increase from the previous year.
Gautam Adani indicted: Read our full coverage here
The tycoon indicted in a U.S. federal court for allegedly paying bribes over $250 mn; Adani Group junks charges terming them "baseless"
Adani Group rejects SEC allegations as 'baseless'; vows legal recourse
The Adani Group says the US Department of Justice itself has said that the indictment charges are "allegations" and that it “must be presumed innocent unless and until proven guilty.”
LIC loses $920 mn across Adani holdings in just 4 hrs!
The country’s largest life insurance company has lost over $1.85 bn over Sept-end valuation
Enterprise
93% Indian executives anticipate a cyber-budget increase next year: PwC
Cloud-related threats remain the foremost worry, cited by 55% of Indian executives as their most concerning cyber risk, marking a 3% increase from the previous year.
Gautam Adani indicted: Read our full coverage here
The tycoon indicted in a U.S. federal court for allegedly paying bribes over $250 mn; Adani Group junks charges terming them "baseless"
Adani Group rejects SEC allegations as 'baseless'; vows legal recourse
The Adani Group says the US Department of Justice itself has said that the indictment charges are "allegations" and that it “must be presumed innocent unless and until proven guilty.”
LIC loses $920 mn across Adani holdings in just 4 hrs!
The country’s largest life insurance company has lost over $1.85 bn over Sept-end valuation