Funding

In October last year, Lucideus had announced raising $5 million (over Rs 36 crore) in funding led by Cisco Chairman Emeritus John Chambers. read more

Pentagon officials would not say which 127 projects will be affected, but say details will be available tomorrow after members of Congress are notified. They say half the money will come from military projects in the U.S., and the rest will come from... read more

BRICS ministers have issued strong statement against militancy and its funding putting pressure on countries like Pakistan that has allowed use of its territory by anti-India and anti-Afghanistan militants. read more

Jet Airways had earlier applied to deregister another four Boeing 737 planes, reducing its operational fleet even further. read more

The pilots, along with engineers and other highly critical segments of employees, have not been paid salaries from January 1, and have received only 12.5 per cent of their December pay. read more

The inaugural committee had raised a record $107 million and the outside body, Rebuilding American Now — a political action committee (super-PAC) allowed under US election laws to raise unlimited amounts of money — $23 million. read more

Khan said in a televised address Wednesday that he was working to nail down Saudi-style financing packages from two additional, unnamed countries to reduce the size of a potential loan from the International Monetary Fund. read more

The state government is pulling out all stops to get the 702km long Mumbai-Nagpur expressway off the ground read more

To make matters worse, the institute allocated a much smaller portion of its own funds for R&D projects this year. read more

Union road transport and highways minister Nitin Gadkari asks bankers to suggest ways to finance 56 highway projects worth thousands of crores that have been stalled because of developers failing to secure financial closure. read more