Air India Plan to Refinance Short-Term Loans

According to a report, Tata-owned Air India intends to borrow Rs 18,000 crore from State Bank of India (SBI) and Bank of Baroda (BoB) to short-term refinance its existing debt. According to the ET report, this debt will be a continuation of the facility that was utilized last year following the Tatas’ acquisition of the […]

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L&T Develop First 3D-Printed Post Office of India

A post office building in Bengaluru is being constructed using 3D printing by L&T Construction. Using 3D concrete printing technology, it will construct the 1,000 square foot building for the Halasuru Post Office within 45 days. 3D concrete printing, a new technology, has the potential to speed up construction and improve overall build quality, transforming […]

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India Crosses Rs 85,000 Crores in Mobile Export

India’s push for domestic production of consumer electronics has changed the country’s economic landscape. India’s mobile exports totaled more than Rs 85,000 crore during the fiscal year that ended March 31, 2023. This is a remarkable accomplishment. The India Cellular and Electronics Association (ICEA) provided IANS with industry data indicating that production-linked incentive (PLI) programs […]

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