The World Bank has slashed its growth forecast for India for the current financial year to 7.5 percent, a hefty 1.2 percentage points down from its previous forecast of 8.7 percent.
Bharat Electronics Limited (BEL) signed an MoU with a Belarusian Company and its subsidiary for the supply of Airborne Defence Suite (ADS) for helicopters of the Indian Air Force (IAF).
Chinese technology conglomerate Tencent has bought a stake worth USD 264 million (about 2,060 crores) in Flipkart from its co-founder, Binny Bansal, through its European subsidiary.
Adani Group Chairman Gautam Adani said on Friday his group companies would invest Rs 70,000 crore in Uttar Pradesh which would help create around 30,000 jobs in the state.
EXAMIANS