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
Exclusive: IHG Hotels to bring high-end luxury formats like Regent to India
Luxury requires higher investment and long gestation periods, but it does pay back, says Haitham Mattar
Adani Green's tryst with debt may not come cheap
The country’s largest renewable energy developer has near ₹6,000 crore debt repayment due over FY25 and FY26.
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"
Enterprise
Exclusive: IHG Hotels to bring high-end luxury formats like Regent to India
Luxury requires higher investment and long gestation periods, but it does pay back, says Haitham Mattar
Adani Green's tryst with debt may not come cheap
The country’s largest renewable energy developer has near ₹6,000 crore debt repayment due over FY25 and FY26.
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"