New Delhi: India‘s air force has signed a $12-million (Rs 90 crore) contract with the public sector RailTel Corporation of India Limited for two-year maintenance of its Air Force Network or AFNET, the company said in a regulatory filing to the bourse on June 25. The deal worth […]
New Delhi: India‘s lone submarine builder had a dream-like debut on the stock market today, finishing the opening trading day at Rs 173, a cool 19 per cent above its Initial Public Offering (IPO) price of Rs 145, strongly aided by its above par financial performance over the […]
By N. C. Bipindra New Delhi: India is keeping a decision to cancel a deal for five warships at bay to see if the beleaguered Reliance Naval Engineering Limited (RNEL) is able to revive itself or if a take-over of the debt-ridden shipyard can happen so that the […]