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Russia to open helicopter flight training center in India

Russian Helicopters Holding (part of Rostec Corporation) intends to open a flight training center to train flight and mechanical personnel for Russian helicopters in the near future. Personnel undertaking training will include “both members from the Indian Ministry of Defense as well as the civilian sector. Russian produced helicopters began ...

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Railways to tie up with ISRO for enhanced safety via GPS-aided system

News:  Indian Railways will join hands with ISRO to get online satellite images for improving safety and increasing efficacy. Geospatial services will be available from satellite-assisted navigational support through the GPS aided geo-augmented navigation (GAGAN) system of ISRO. The MoU will facilitate getting images and communications through the satellite system. While ...

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Sony plans to make Xperia phones in India

News:  Sony plans to assemble its Xperia smartphones in India and manufacture a couple of sub-. `10,000 models, specifically designed for the local market. Sony plans to increasing revenue by boosting mobile phone sales, with the country poised to become the world’s second largest smartphone market by 2017. Sony has globally ...

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Railways slashes iron ore freight rates to boost exports

News: The Induian Railways has slashed the cost of transporting iron ore for exports for the first time since March 2012 by levying a flat distance-based charge across all slabs in response to “significant changes in the market”. The new distance-based charge has been set at a uniform Rs 300 for all ...

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Government to invest Rs 8.5 lakh crore in railways

News: Sharpening focus on infrastructure development to boost growth, government will invest Rs 8.5 lakh crore in Indian Railways to change the face of sector. Minister of State for Finance, has appealed to the opposition parties to help pass the GST bill that will usher in a new indirect taxes regime ...

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