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The Indian Railways is fighting on several fronts to tackle issues such as quality of service, freight loss and passenger amenities, among others, and the size of the institution makes it even harder to resolve all issues.
Indian Railways is working on technologies that will enable 40% substitution of diesel by compressed natural gas (CNG) in locomotives and nine-zoned solar panels on diesel electric multiple units (DEMUs).
After installing Wi-Fi systems in over 125 stations across the country, the carrier is now scouting for technologies that will enable it to provide internet access to all on-board passengers through Wi-Fi.
While ONGC's profit fell from Rs 4,233 crore to Rs 3,885 crore, revenue increased from Rs 17,784 crore to Rs 19,073 crore. The company has a planned capex of Rs 30,000 crore for the year. However, it will require to shell out
With low-cost airlines steadily eating into the railways’ share of long-distance travel for the upper segments, the transporter’s strategy to retain traffic centres around much faster travel times coupled with more amenit
While ONGC is on the verge of acquiring the government’s 51.11% stake in oil retailer HPCL, the government has lined up two more such big mergers under a grand plan to create three oil PSUs with integrated operations.
The Prime Minister’s Office (PMO) has given stiff targets to Indian Railways to augment the freight business of the carrier, including redirecting 20 million tonne (MT) of additional cargo from road to rail by the end of fi
State-run oil marketing companies are expected to have an additional capacity of 1,242 metric tonnes per annum in their LPG bottling plants by the start of FY22 through six brownfield and 10 greenfield projects, according to
At a time when the ministry of petroleum and natural g4as is exploring ways to start home delivery of petroleum products such as diesel and petrol, Reliance Industries (RIL) is looking to enter the segment as well.
Three cash-rich rail PSUs — Ircon International, Rail Vikas Nigam and Rites — are likely to undertake buyback of their own shares before their initial public offerings (IPOs) hit the market later this year.
Indian Railways is worried that the tax treatment of work contracts in the GST regime would inflate its cost of expansion, as the contractors threaten the additional tax liability on them will reflect in contract values.
In what could give a lifeline to several stranded gas-based power plants, Qatar may enter into a long-term contract to supply gas to them. The power plants will form a special purpose vehicle (SPV) where Qatar’s gas produce