Global Public Key Infrastructure (PKI) Market was Valued at US$ 3.9 Bn in 2021

In the last couple of years, many industries are rampantly adopting public key infrastructure solutions. Also known as PKI solutions or system, it is a process in terms of authorization of data that is being shared or transacted in between the receiver and sender by providing safety with public a...

Woodside Completes its Pluto Train 2 Sell Down

Global Infrastructure Partners is now the owner of 49 percent of the stakes in the Liquefied Natural Gas expansion train as the Market Forces continue to doubt the commitments of the Australian banks towards net-zero emissions target for 2050.

Woodside Petroleum, an Australian operator,...

Global Electric Vehicle (EV) Charging Infrastructure Market 2021

Electric vehicles (EV) have variety of ways to be charged, depending on location and requirement. Thus, charging infrastructure for EVs is of different types and designed for different applications. The specifications and standards for EV chargers, also known as electric vehicle supply equipment ...

Global Infrastructure as a Service (IaaS) Market to Grow over 30% CAGR over the forecast period

The infrastructure as a service (IaaS) was estimated to be US$ 54.01 billion in 2020. The global market is expected to reach approximately 54.01 billion in 2020. The total industry is expected to grow at a CAGR of 31.2% over the forecast period. Although public cloud solutions tend to be more cos...

Global IT Infrastructure Outsourcing Market 2021- Know the Analysis and Trends

IT infrastructure outsourcing is experiencing humongous demand from industries globally. In the rapidly changing business environment, organizations are largely investing towards digital transformation and more essentially implementing cloud-based operating models. According to studies, spending ...

TELECOM ASSOCIATIONS WARN PEOPLE AGAINST FRAUD

HIGHLIGHTS

• Telecom associations are warning people against telecom tower installation fraud.
• Many fraudulent individuals and dubious firms are offering fake NOCs for the installation of towers.
• The joint statement said that before accepting...

DFI BILL FOR INFRA FUNDING BOOST INTRODUCED IN LOK SABHA

HIGHLIGHTS

• Indian Government has introduced a new bill in Lok Sabha.
• The new bill is meant to boost infrastructure funding in India.

The Indian government has tabled a bill in Parliament to create a Development Finance Institution (D...

THE INFRASTRUCTURE PLAN WILL CREATE 19 MILLION JOBS SAYS US PRESIDENT JOE BIDEN

Highlights

• The President of the United States, Joe Biden, said that the new infrastructure proposal worth $2 trillion would result in creation of 19 million jobs over the period of next 10 years

• The Biden administration officials have also said that the President...

S. KOREA’S HOME TRANSACTION SANK 25 PERCENT IN FEBRUARY 2021

Highlights –

• S. Korea’s home transaction sank 25 percent in February 2021.
• The number of home transactions in Seoul metropolitan area was 47,433 in February.
• In remaining parts of the country home transactions came to 39,588 in ...

IDCO SIGN MOU FOR PARADIP PLASTIC PARK

HIGHLIGHTS

• IDCO and IOCL have signed MoU to develop Paradip Plastic Park in Odisha.
• Till MAR 2030, an incentive of Rs 2000/MT shall be offered to the manufacturing units on Polypropylene granules from Paradip Refinery.
• Shipment from Refiner...

NEW RECORD SET BY IJM INDIA REGARDING ROAD CONSTRUCTION

HIGHLIGHTS

• IJM (India) Infrastructure Ltd has set new record in the context of road construction.
• 25.54 lane-km road stretch was laid in 17 hours and 45 minutes on its Solapur – Bijapur highway project.

IJM (India) Infrastructu...

INDIAN ISVS SWIFTLY MOVING TO ORACLE CLOUD

HIGHLIGHTS

• Many ISVs are running their business critical applications on OCI to improve application performance.
• Oracle has two cloud regions in India.
• OCI got highest ranking in a recent IDC survey.

To improve application...

NEW TAX IN BUDGET 2021 TO MAKE LIQUOR COSTLIER

HIGHLIGHTS

• New budget imposes new tax on liquor which can make liquor costlier.
• Contrary to popular belief, alcohol prices will not increase due to 100% agri infra cess.
• However, some duties have been reduced on the liquor. Hence, increase ...

STONEPEAK INFRASTRUCTURE PARTNERS WILL BUY ASTOUND BROADBAND FOR $8.1 BILLION

Highlights

• Stonepeak Infrastructure Partners on Sunday, it is all set to purchase U.S. cable operator and broadband platform, Astound Broadband for $8.1 billion

• Stonepeak took this decision to acquire Astound in wake of heavy demand for more Internet bandwidth co...

JAPANESE GOVERNMENT TO EXTEND A LOAN TO BANGLADESH FOR INFRASTRUCTURE PROJECTS

Highlights –

• Japanese government to extend a loan to Bangladesh for infrastructure projects.
• Japan will lend Bangladesh around $3.17 billion.
• Bangladesh will have to repay the loan at a 0.65 percent interest rate.
• This is ...

PM MODI TRANSFERS RS 17,100 CRORE TO BANK ACCOUNTS OF OVER 8.5 CRORE FARMERS

Highlights

• The Prime Minister Narendra Modi said Rs 17,000 crores of PM-Kisan Samman Nidhi has been deposited into the bank accounts of 8.5 crore farmers with a single click

• This launch event of the Agriculture Infrastructure Fund was attended by numerous farmers...

UK HOPES TO ENHANCE BATTERY STORAGE AND INCREASE RENEWABLES

HIGHLIGHTS

• UK’s energy transition and conservation requires better battery storage.
• The British government making changes about the authority to grant permission to a project.

The United Kingdom (UK) government is relaxing the ...

IL&FS LENDERS TO OFFLOAD COMPANY’S POORLY PERFORMING ROAD ASSETS INTO AN INVIT

Highlights

• It is supposed to be done by April
• To make money from the assets, they may have to wait longer than their one-year lock-in period

Reports suggest that lenders to bankrupt IL&FS expect to be able to offload some of the ...

Big Telecom plans for massive digital infrastructure investment by Hamilton

On Thursday, 23 January, Hamilton City announced it will invest $400 million in updating its digital infrastructure by a major Canadian telecommunications company.

The City states in a press release that Bell Canada will spend nearly $400 million in increasing broadband Internet service...

L&T Finance to lend Rs518 crore to AG&P  in India

Business is the movement of making one's living or making cash by delivering or purchasing and selling items, (for example, merchandise, and ventures). It is "any movement or endeavor went into for benefit. MUMBAI: L&T Infrastructure Finance has consented to an arrangement to give ?5...