With the spending on software products taking a hit owing to the recessionary trend in the global market, Aditi Technologies, an outsourced product development (OPD) firms in India, is shifting its strategy by offering software services to the companies in the financial services sector.
India’s plan to spend over $500 billion on infrastructure in the Eleventh Five-Year Plan has opened up new growth opportunities for companies that execute as well as finance infrastructure projects. IDFC Projects, the development arm of Infrastructure Development Finance Company (IDFC), is betting big on the new opportunity.
Highway projects are likely to get cheaper loans, which will speed up projects worth over Rs 60,000 crore under separate phases of the national highway development programme.
Talisma Corporation, a company that owes its origin to Indian entrepreneur Pradeep Singh, has been acquired by nGenera - a Texas-based enterprise software company - for an undisclosed amount.
Infrastructure Leasing and Financial Services (IL&FS) is floating a special purpose vehicle (SPV) with the local companies and Haldia Development Authority (HDA) for building industrial and
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