Aditya Birla owned Idea Cellular has decided to formally launch its services in the country’s financial capital, Mumbai within the next few days.

Indian Hotels Co. Ltd., a unit of the salt-to-software conglomerate Tata Group, has sketched up an Rs 2,100-crore capex plan. During the annual general meeting, the company revealed its plan to invest Rs 1,500 crore over the next three years to add about 1,900 rooms in the five-star and luxury category and Rs 600 crore to add about
4,000 rooms in the premium and budget segments.

The company has picked hotel locations in Mumbai, Hyderabad, Bangalore and Noida. Further it also plans to renovate and refurbish existing properties and the food and beverage division.

The company claims that after the expansion, its 147 hotels will have 20,000 rooms. The project is expected to be completed in the next 36-48 months.

Siemens PLM Software, a business unit of the Siemens Industry Automation Division, has signed a new software license agreement with Boeing, the world's leading aerospace company, for Teamcenter®, Siemens PLM Software's digital lifecycle management solution.

As part of this agreement, Boeing will work with Siemens PLM Software to retire and replace selected legacy systems with Teamcenter.

The Chairman and Managing Director of Andrew Yule & Company, Mr.

With the hope to acquire, develop and operate shopping malls in India, US-based real estate investment trust Vornado Realty Trust has made the announcement to enter in a Joint Venture (JV) with the Mukesh Ambani-led Reliance Industries. To take this JV to the peak of success, both the partners will invest $250 million which comes to nearly Rs 1,000 crore each.

Vornado informed, “The shopping centers, spread over 5, 00,000 to 10 lakh square feet or more, will be anchored by a hypermarket owned and operated by Reliance.”

This JV also will give a boost up to the plans of expansion for RIL’s retail venture Reliance Retail. It operates 700 multiple-format stores across 60 cities, taking 3.5 million sqft under its grid.

The Indian Air Force today got the delivery of the first indigenously assembled Hawk MK-132 advanced jet trainer by Hindustan Aeronautics Limited (HAL). Air Chief Marshal, F Major was the one who was formally handed over the aircraft.

By the handing over the HAL’s first Adour powered Hawk AJT at Bangalore, it is for sure that there would the beginning of a new chapter for the public sector company engaged in defense production.

“The IAF is acquiring 66 Hawk MK-132 AJT aircraft of which 24 are being supplied by BAE Systems in a flyaway condition. The remaining 42 will be built by HAL at its aircraft division here under licence in three phases,” as reported by Mr Ashok Baweja, chairman, HAL