The Ministry of Railways has signed a memorandum of understanding with the Centre for Development of Telematics (C-DOT) for the modernization of telecommunication facilities related to operations and safety.
State-owned Oil and Natural Gas Corporation (ONGC) has become the first gas producer to sell domestic gas on the Indian Gas Exchange, exchanging undisclosed quantities from the KG-DWN-98/2 block off India's coast.
Northern Arc Capital Limited, a non-banking finance company (NBFC) that serves the credit needs of underserved households and businesses, has formed a strategic alliance with Indian Bank.