Lockheed Martin unveiled the F-21 fighter jet at an airshow in the southern Indian city of Bengaluru. On Wednesday, in a development that underscores an increase fostering of U.S.-India defense ties, Lockheed Martin has offered India a new combat jet… Read More ›
The government has raised the investment threshold to 250 million rupees, up from 100 million rupees, on which tax exemptions can be availed. In a strategic move, India eased tax pressures for a new genre of businesses and exempt them… Read More ›
The U.S. Commerce Department is slated to send a confidential report to U.S. President Donald Trump clearing the way for him to potentially impose tariffs on imported autos and auto parts on the grounds that they threaten U.S. national security…. Read More ›
Countries are waking up to the serious threats posed on over-reliance on Chineese goods and its ramifications on their supply chains. In a significant development French President Emmanuel Macron disclosed, France will invest $790 million (700 million euros) over the… Read More ›
Manufacturing companies appear to be done with contingency plans. They are now doubling down on their alternative plan and moving their production out of Britain due to lack of clarity from Brexit. As per a report from The Times, Ford… Read More ›
The KPMG/Recruitment and Employment Confederation (REC) Report fell from 53.7 to 49.7, indicating a contraction in the job market. On Friday, the results of a recent survey of recruiters has piled on mounting evidence of business caution ahead of Brexit…. Read More ›
The development assumes strategic importance for primarily two reasons, 1) an alternative to Russian energy supplies and 2) LNG is set to dominate the fossil fuel market in the near future and and companies are racing to get a dominant… Read More ›
The decision to relocate staff was taken much ahead of AXA’s acquisition of XL.The number of people who will be relocating have not been disclosed. Aimed at mitigating risks from Britain potential departure from the European Union, French insurer AXA… Read More ›
A significant chunk of this investment will be channelized towards developing electric and hybrid cars. Fiat Chrysler has pledged to spend at least $5.7 billion (5 billion euros) on developing new models, including engines, in Italy between 2019 to 2021;… Read More ›
Italy’s government is weighing the pros and cons of spinning-off the fixed-line network of former telecoms monopolist Telecom Italia. On Friday, a source within telecoms union UILCOM disclosed, plans to spin off the fixed-line network of former telecoms monopolist Telecom… Read More ›
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