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Reliance Defence to maintain US Navy’s 7th Fleet ships

Reliance Defence to maintain US Navy’s 7th Fleet ships

Mumbai, (IANS) : Reliance Infrastructure Limited (RInfra)-controlled Reliance Defence and Engineering Limited (RDEL) has signed the Master Ship Repair Agreement (MSRA) with the US Navy to maintain the vessels of its Seventh Fleet operating in the region. The Reliance Shipyard ...

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Oil firms’ merger will face big challenges: Fitch

Oil firms’ merger will face big challenges: Fitch

New Delhi, (IANS) : The proposed merger of the Indian state-run oil and gas companies would face significant execution challenges in managing integration of employees, addressing overcapacity in the merged entity and getting support for the merger from private shareholders, ...

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WD Blue SSD: Fast, durable but comes at high price

WD Blue SSD: Fast, durable but comes at high price

By Anuj Sharma, New Delhi, (IANS) : Designed to drive Solid State Drive (SSD) adoption in mainstream computing platforms for both corporates and consumers, US-based data storage company Western Digital(WD) recently introduced a new Blue SSD that is optimised for ...

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Cisco to acquire US-based firm AppDynamics for $3.7 bn

Cisco to acquire US-based firm AppDynamics for $3.7 bn

San Francisco, (IANS) : To help accelerate the digital transformation of enterprises, global networking giant Cisco is set to acquire AppDynamics Inc, a US-based application performance management and IT operations analytics company, for $3.7 billion. AppDynamics helps large enterprises translate ...

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EIH’s Q3 net profit up 8.29%

EIH’s Q3 net profit up 8.29%

Mumbai, (IANS) : Hospitality major EIH on Monday reported a rise of 8.29 per cent in its stand alone net profit for the third quarter (Q3) of 2016-17. The company which was formerly known as the ‘East India Hotels’. It ...

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Adani Power Q3 consolidated net loss at Rs 325 cr

Adani Power Q3 consolidated net loss at Rs 325 cr

Mumbai/Ahmedabad, (IANS) : Private power producer Adani Power on Friday reported a consolidated net loss of Rs 325.27 crore for the quarter ended December 31, 2016. The country’s largest private thermal power producer had reported a net profit of Rs ...

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Moody’s upgrades India power sector outlook

Moody’s upgrades India power sector outlook

New Delhi, (IANS) : A Moody’s Investors Service-ICRA report on Thursday upgraded the outlook for the Indian power sector to “stable” over the next 12-18 months with a Baa3 positive rating, saying it reflects sustained improvement in domestic coal availability. ...

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