GE T-D India bags Rs 150 cr contract from Rajasthan govt for grid modernisation

Walmart said Wednesday that it has inaugurated its 24th cash and carry outlet in the country at Karimnagar in Telangana. Called the Best Price Cash & Carry Store, this is the second store for the American retail giant in the state. At present, foreign multi-brand retailers are not allowed to go the public directly and operate as wholesalers, or the cash and carry format.

************ GE T&D arm bags Rs 150 cr Raj contract GE T&D India has bagged a Rs 150 crore contract from Rajasthan Rajya Vidyut Prasaran Nigam to carry out technology-driven grid modernisation as a part of the utility's roadmap to implement grid initiatives and augmenting renewable energy in Rajasthan.

GE's advanced energy management system will serve as a foundation for the project and enable the utility to alter production levels based on demand, the company said in a statement Wednesday.

**************** Shapoorji Pallonji launches premium housing project in Thane Shapoorji Pallonji Real Estate has launched a premium residential project in Thane, marking its foray into this upscale suburban market. Spread across 4.8 acres, the project will offer unit configurations of 2 BHK premium homes, it said Wednesday.

**************** Essel group takes delivery of first cruise ship Cash-strapped Subhash Chandra's cruise shipping business has taken delivery of its first vessel in Singapore. The vessel Karnika will undergo refurbishment at a dry dock in Singapore and reach the financial capital on April 17, an official statement said Wednesday.

***************** 75% of domestic cos victims of cyber-attacks Over three-quarters of domestic businesses have reported having been victims of cyber-attacks in a survey commissioned by a security firm. The survey polled over 3,100 infotech decision makers from mid-sized businesses, with a total of 300 organisations surveyed, the survey by Sophos said Wednesday.