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2024 marks third consecutive year of record office leasing at 66.4 million sq ft, 14% up YoY The office market in 2024 has achieved another consecutive demand milestone, with leasing activity across the top six cities reaching 66.4 million sq feet. This corresponds to a strong 14% growth year-on-year in leasing activity. Bengaluru drove Grade A office space demand, with highest-ever leasing volume of 21.7 million square feet, marking an impressive 40% YoY increase. Demand scale-up was also evident in Hyderabad and Mumbai.  With 12.5 and 10.0 million sq feet of lea...
2024 marks third consecutive year of record office leasing at 66.4 million sq ft, 14% up YoY
2024 marks third consecutive year of record office leasing at 66.4 million sq ft, 14% up YoY
Source: PR Agency
2024-12-24 06:05:45 pm
Dharavi Redevelopment Project: Zero financial burden, 10 years of worry-free living  Imagine moving into a brand-new home, surrounded by modern infrastructure and facilities, without worrying about maintenance charges for the next 10 years. That’s the promise of the Dharavi Redevelopment Project (DRP) — an initiative that goes beyond housing to ensure a financially sustainable future for its residents.  The Dharavi Redevelopment Project is unique because there will be no financial burden on the residents. The state government has decided to provide f...
Dharavi Redevelopment Project: Zero financial burden, 10 years of worry-free living
Dharavi Redevelopment Project: Zero financial burden, 10 years of worry-free living
Source: IANS
2024-12-24 05:57:27 pm
LG achieves 13th consecutive year in Dow Jones Sustainability World index LG Electronics (LG) has once again secured its position in the Dow Jones Sustainability World Index (DJSI World) for the thirteenth consecutive year. The DJSI World ranks the top 10 percent of the largest 2,500 global companies based on their economic, environmental, social, and governance (ESG) practices, serving as a critical benchmark for investors assessing corporate sustainability. Notably, LG earned the highest overall score in the Leisure Equipment & Products and Consumer Electr...
LG achieves 13th consecutive year in Dow Jones Sustainability World index
LG achieves 13th consecutive year in Dow Jones Sustainability World index
Source: PR Agency
2024-12-24 05:55:53 pm
Indian Oil Corp to invest 610 billion rupees in naphtha cracker project in Odisha state Indian Oil Corporation will invest 610 billion rupees ($7 billion) to establish a naphtha cracker project in Paradip in the eastern state of Odisha, the state government said on Tuesday. India's top refiner is expected to sign an initial agreement with the state government in January, the Odisha chief minister's office said in a statement. IOC operates a refinery in Paradip with a capacity of 300,000 barrels per day.
Indian Oil Corp to invest 610 billion rupees in naphtha cracker project in Odisha state
Indian Oil Corp to invest 610 billion rupees in naphtha cracker project in Odisha state
Source: Reuters
2024-12-24 05:47:09 pm
India`s small businesses added 11 million jobs in 2023/24 The number of jobs in small Indian businesses comprising manufacturing, trade and services rose to 120.6 million in 2023/24 from 109.6 million a year earlier, according to a government report released on Tuesday. The estimated number of small manufacturing businesses increased to 20.15 million in 2023/24 from 17.83 million in 2022/23, while the total number of such businesses spanning manufacturing, trade and services rose to 73.4 million from 65 million a year earlier, the data showed. ...
India`s small businesses added 11 million jobs in 2023/24
India`s small businesses added 11 million jobs in 2023/24
Source: Reuters
2024-12-24 05:44:35 pm
Quote on E-commerce year-end by Mr Krishan Agarwal, Director, DigiHaat, a subsidiary company of ONDC Below the Quote on E-commerce year-end by Mr Krishan Agarwal, Director, DigiHaat, a subsidiary company of ONDC   2025 outlook for the E-commerce sector 2025 will be the year e-commerce transcends transactions to deliver immersive, personalized, and seamless experiences. As AI-driven personalization becomes the norm, shoppers will expect retailers to anticipate their needs, creating tailored journeys that blend online convenience with human-like interactions. The rise of augmente...
Quote on E-commerce year-end by Mr Krishan Agarwal, Director, DigiHaat, a subsidiary company of ONDC
Quote on E-commerce year-end by Mr Krishan Agarwal, Director, DigiHaat, a subsidiary company of ONDC
Source: PR Agency
2024-12-24 05:41:14 pm
Outlook for 2025 of the logistics sector by Mr. Ketan Kulkarni, Deputy Managing Director, Gati Express and Supply Chain Pvt. Ltd. Below the Outlook for 2025 of the logistics sector by Mr. Ketan Kulkarni, Deputy Managing Director, Gati Express and Supply Chain Pvt. Ltd.    “Enhancing connectivity, achieving cost efficiency and building resilience and agility through technology adoption and capacity building have been key drivers as the logistics industry continues to enable India's vision for Viksit Bharat 2047. Progress in rail and waterway freight movement, alongside extensive highway c...
Outlook for 2025 of the logistics sector by Mr. Ketan Kulkarni, Deputy Managing Director, Gati Express and Supply Chain Pvt. Ltd.
Outlook for 2025 of the logistics sector by Mr. Ketan Kulkarni, Deputy Managing Director, Gati Express and Supply Chain Pvt. Ltd.
Source: PR Agency
2024-12-24 05:35:27 pm
Tier 2 and 3 Indian cities to emerge as pivotal real estate growth hubs in 2025 With its critical role in the economy, the housing sector is projected to contribute 13 per cent to the national GDP by 2025, as tier 2 and 3 cities emerge as pivotal growth hubs for the sector, according to a report on Tuesday.  "Tier 2 and 3 cities are emerging as pivotal growth hubs, with smaller urban centres like Jaipur, Indore, and Kochi driving more than 40 per cent of new housing developments by 2025," said Ritesh Mehta, senior director and head (north and west), res...
Tier 2 and 3 Indian cities to emerge as pivotal real estate growth hubs in 2025
Tier 2 and 3 Indian cities to emerge as pivotal real estate growth hubs in 2025
Source: IANS
2024-12-24 05:04:39 pm
HFCL Inaugurates Defence Manufacturing Facility in Hosur to Boost Domestic Defence Manufacturing HFCL Limited, a leading technology enterprise and integrated next-gen communications product and solution provider announced the inauguration of its advanced defence equipment manufacturing facility in Hosur, Tamil Nadu on December 23, 2024. This strategic milestone underlines HFCL’s commitment to strengthening India's self-reliance in defense manufacturing, in line with the nation’s  Atmanirbhar Bharat vision. The inauguration ceremony was graced by Chi...
HFCL Inaugurates Defence Manufacturing Facility in Hosur to Boost Domestic Defence Manufacturing
HFCL Inaugurates Defence Manufacturing Facility in Hosur to Boost Domestic Defence Manufacturing
Source: PR Agency
2024-12-24 04:29:13 pm
Indian startup ecosystem raises over Rs 29,200 crore in 2024, witnesses record 13 IPOs  In a significant year for the Indian startup ecosystem, 13 new-age companies launched their initial public offerings (IPOs), as startups cumulatively raised more than Rs 29,200 crore from the stock market.  When it comes to IPOs, the figure stood at 10 in 2021, six in 2022 and six in 2023. This year, 13 startups cumulatively raised Rs 29,247 crore from the cash market. Out of this, the fresh issue was nearly Rs 14,672 crore and Rs 14,574 crore Offer for Sale (OFS). In an I...
Indian startup ecosystem raises over Rs 29,200 crore in 2024, witnesses record 13 IPOs
Indian startup ecosystem raises over Rs 29,200 crore in 2024, witnesses record 13 IPOs
Source: IANS
2024-12-24 03:50:59 pm
Exclusive-India reviews $30 billion sulphur-cutting programme for coal plants India is reviewing a decade-old $30 billion programme requiring coal-fired power plants to install equipment to cut sulphur emissions after government-backed studies showed they had little impact on curbing pollution, according to a document reviewed by Reuters. Nearly 540 power plant units were required by 2026 to install flue-gas desulphurization (FGD) systems that remove sulphur from the plants' exhaust gases but only about 8% have done so, including those run by state-run NTPC and ...
Exclusive-India reviews $30 billion sulphur-cutting programme for coal plants
Exclusive-India reviews $30 billion sulphur-cutting programme for coal plants
Source: Reuters
2024-12-24 03:47:28 pm
India's push for home-grown satellite constellation gets 30 aspirants Thirty Indian companies have answered the space regulator's call to build and operate constellations of Earth observation (EO) satellites in a groundbreaking private-public partnership to reduce the country's reliance on foreign data for defense, infrastructure management and other critical mapping needs. "We have received 9 applications ... Each applicant represents a consortium, involving a total of 30 companies," said Pawan Goenka, chairman of the Indian National Space...
India's push for home-grown satellite constellation gets 30 aspirants
India's push for home-grown satellite constellation gets 30 aspirants
Source: Reuters
2024-12-24 03:43:33 pm
Exhaust, ICE after-treatment market to decline as electrification picks up in Asia-Pacific Driven by the electrification trend that is leading to a gradual decrease in the market of internal combustion engine (ICE) engines, the exhaust and ICE after-treatment market in the Asia Pacific region is expected to record a negative compound annual growth rate of 2 per cent over 2024-29, a report said on Tuesday.  The exhaust and ICE after-treatment market is estimated at 143.5 million units in 2024 and is forecast to decrease to 129.7 million units by 2029 in the Asia-Pacific regi...
Exhaust, ICE after-treatment market to decline as electrification picks up in Asia-Pacific
Exhaust, ICE after-treatment market to decline as electrification picks up in Asia-Pacific
Source: IANS
2024-12-24 03:39:43 pm
ESIC overhauls IT systems to boost healthcare, delivery mechanism for millions  In a significant step to improve healthcare services and overall delivery mechanism for millions, the Employees' State Insurance Corporation (ESIC) on Tuesday said it has modernised its information and IT systems.  The Dhanwantari Hospital Information System (HIS) is now being used more widely in ESIC hospitals and dispensaries, with a 40 per cent growth in adoption, enabling healthcare providers to better manage patient care and hospital operations, according to the Ministr...
ESIC overhauls IT systems to boost healthcare, delivery mechanism for millions
ESIC overhauls IT systems to boost healthcare, delivery mechanism for millions
Source: IANS
2024-12-24 03:34:55 pm
Indian firms raise bumper funds from equity market in 2024, set new records  The year 2024 has been a historic one for the Indian stock market. Corporates raised bumper funds from investors through initial public offerings (IPOs), follow-on public offers (FPOs), qualified institutional placements (QIPs) and rights issues, and set several new records.  In 2024, domestic companies raised Rs 1.64 lakh crore through 90 IPOs. During this period, shares worth Rs 1.39 lakh crore were sold to institutional investors. This is the highest figure ever for raisin...
Indian firms raise bumper funds from equity market in 2024, set new records
Indian firms raise bumper funds from equity market in 2024, set new records
Source: IANS
2024-12-24 03:31:44 pm
Indian state refiners may buy Mideast spot oil to replace Russian shortfall Indian state refiners are considering tapping the Middle East crude market as spot supply from their top supplier Russia have fallen, three refining sources said, in a move that could support prices for high-sulphur oil. The three large state refiners- Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum- are short of 8-10 million barrels of Russian oil for January loading, the sources told Reuters. The refiners fear continued problems in securing Russian oil in the spot marke...
Indian state refiners may buy Mideast spot oil to replace Russian shortfall
Indian state refiners may buy Mideast spot oil to replace Russian shortfall
Source: Reuters
2024-12-24 03:13:06 pm
Committed to India`s digital growth amid shifting telecom landscape: Bharti Airtel  Bharti Airtel on Tuesday said it recorded the highest net wireless subscriber additions in October, adding 1.93 million mobile subscribers during the month, thus reflecting steady growth amid a shifting telecom landscape.  The company said it remains committed to supporting India’s digital growth and providing robust connectivity solutions. As per latest Telecom Regulatory Authority of India (TRAI) data, the telecom service provider added 1,928,263 wireless users in Oct...
Committed to India`s digital growth amid shifting telecom landscape: Bharti Airtel
Committed to India`s digital growth amid shifting telecom landscape: Bharti Airtel
Source: IANS
2024-12-24 01:47:32 pm
Centre-sponsored 10 plastic parks poised to spur exports, create more jobs The Centre’s Department of Chemicals and Petrochemicals has approved 10 Plastic Parks, which are at different levels of implementation across various states, aimed at enhancing investment, production and exports as well as employment in the country, according to a year-end review released on Tuesday.  The new and safer pesticides developed by the Centre’s Institute of Pesticide Formulation Technology (IPFT) and the successful India Chem 2024 conference also figure in the r...
Centre-sponsored 10 plastic parks poised to spur exports, create more jobs
Centre-sponsored 10 plastic parks poised to spur exports, create more jobs
Source: IANS
2024-12-24 01:42:45 pm
Domestic air passenger traffic in India to clock 6.1 pc growth at 144.9 lakh in Nov The domestic air passenger traffic in India is expected to clock 6.1 per cent growth at 144.9 lakh in the month of November, compared to 136.6 lakh in October, a report showed on Tuesday.  Further, November witnessed a year-on-year growth of 13.8 per cent in comparison to 127.4 lakh in November 2023 and higher by 11.9 per cent than pre-Covid levels of 129.5 lakh in November 2019, according to estimates by credit rating agency ICRA. For the eight months this fiscal (April-November),...
Domestic air passenger traffic in India to clock 6.1 pc growth at 144.9 lakh in Nov
Domestic air passenger traffic in India to clock 6.1 pc growth at 144.9 lakh in Nov
Source: IANS
2024-12-24 01:39:15 pm
Annual leasing volume in India`s logistics and industrial space to exceed 50 MSF in 2024 Annual leasing volume in the logistics and industrial real estate space in India is likely to exceed 50 million square feet (MSF) for the third year in a row, and this strong momentum is likely to prevail in the coming year too, according to a report on Tuesday.  As of October, the leasing volume had already surpassed 41 MSF across the top eight real estate markets, according to a Cushman & Wakefield report. Ever since the production-linked incentive (PLI) scheme was introd...
Annual leasing volume in India`s logistics and industrial space to exceed 50 MSF in 2024
Annual leasing volume in India`s logistics and industrial space to exceed 50 MSF in 2024
Source: IANS
2024-12-24 12:08:55 pm
More Indian pharma cos to open innovative research in foreign countries More Indian companies are expected to open new dedicated research and development firms in foreign countries, particularly in the US and Europe, according to a report on Tuesday.  The report by GlobalData, a data and analytics company, showed that Indian pharma players have increased their focus on innovative research and development. Traditionally, leading Indian drugmakers like Sun Pharma and Dr. Reddy’s used to execute their innovative research and development in India thr...
More Indian pharma cos to open innovative research in foreign countries
More Indian pharma cos to open innovative research in foreign countries
Source: IANS
2024-12-24 11:41:45 am
Online pharmacy sector in India to see steady revenue growth next fiscal The online pharmacy sector in the country will see steady revenue growth next fiscal, reducing operating losses to below 10 per cent from over 30 per cent in fiscal 2023, by sharpening focus on high-margin product segments and operational efficiencies, a report showed on Tuesday.  E-pharmacies are eyeing sustainable growth by diversifying into high-margin segments such as wellness products and medical equipments, which are expected to comprise 40 per cent of sales next fiscal, up from...
Online pharmacy sector in India to see steady revenue growth next fiscal
Online pharmacy sector in India to see steady revenue growth next fiscal
Source: IANS
2024-12-24 11:22:57 am
NCLAT approves Sapphire Media`s acquisition of Big 92.7 FM  In a significant move for the domestic media and entertainment industry, the National Company Law Appellate Tribunal (NCLAT) has approved Sapphire Media's acquisition of Big 92.7 FM.  The principal bench of the NCLAT dismissed the [lea filed by Radio Mirchi, Orange FM and others against NCLT judgement which approved the resolution plan of Sapphire Media Limited for the radio network Big 92.7 FM, owned by Reliance Broadcast Network Limited. "After considering the subm...
NCLAT approves Sapphire Media`s acquisition of Big 92.7 FM
NCLAT approves Sapphire Media`s acquisition of Big 92.7 FM
Source: IANS
2024-12-24 10:44:17 am
Office leasing market in India sees 14 pc growth in 2024, Bengaluru leads The office market in India saw a robust 14 per cent growth (year-on-year) in 2024, with leasing activity across the top six cities reaching 66.4 million square feet, according to a report on Tuesday.  Bengaluru led the Grade A office space demand, with highest-ever leasing volume of 21.7 million square feet, marking an impressive 40 per cent growth, according to a Colliers report. Demand scale-up was also evident in Hyderabad and Mumbai. With 12.5 and 10.0 million square feet of le...
Office leasing market in India sees 14 pc growth in 2024, Bengaluru leads
Office leasing market in India sees 14 pc growth in 2024, Bengaluru leads
Source: IANS
2024-12-24 10:15:16 am
realme 14 Pro 5G achieves near-borderless vision with revolutionary display tech In today's digital age, smartphone displays serve as our window to a world of content, entertainment, and connectivity. As our reliance on mobile devices grows, the quality and design of these displays have become paramount in shaping our user experience. The evolution of smartphone screens has been marked by continuous innovation, with manufacturers pushing the boundaries of design to deliver more immersive viewing experiences.  Among these innovations, bezel-less quad curve disp...
realme 14 Pro 5G achieves near-borderless vision with revolutionary display tech
realme 14 Pro 5G achieves near-borderless vision with revolutionary display tech
Source: IANS
2024-12-24 09:48:12 am
Centre, ADB sign $500 million loan to support sustainable infrastructure projects  The Central government and the Asian Development Bank (ADB) on Monday signed a $500 million loan to support green and sustainable infrastructure projects aligned with the country’s climate commitments.  The ADB loan, with a sovereign guarantee, will be extended to the India Infrastructure Finance Company Limited (IIFCL). “ADB financing will help IIFCL provide long-term capital for infrastructure projects focusing on connectivity and energy transition as well as un...
Centre, ADB sign $500 million loan to support sustainable infrastructure projects
Centre, ADB sign $500 million loan to support sustainable infrastructure projects
Source: IANS
2024-12-24 09:16:27 am
Adani Defence & Aerospace clinches Rs 400 crore deal to acquire Air Works Adani Defence & Aerospace announced on Monday that it has signed a binding agreement to acquire Air Works, India’s largest private-sector maintenance, repair, and overhaul (MRO) company, for an enterprise value of Rs 400 crore.  "Adani Defence Systems & Technologies Ltd (ADSTL) has signed a share purchase agreement to acquire 85.8 per cent shareholding in Air Works India (Engineering) Private Ltd," a company statement said. Air Works undertakes base main...
Adani Defence & Aerospace clinches Rs 400 crore deal to acquire Air Works
Adani Defence & Aerospace clinches Rs 400 crore deal to acquire Air Works
Source: IANS
2024-12-24 09:12:10 am
Muthoot Pappachan Group`s Fourth-Generation Leaders Join the Board Muthoot Pappachan Group (MPG), the 137-year-old Indian business conglomerate widely recognized as Muthoot Blue, is excited to announce the induction of its fourth-generation leaders into the Board of Directors. This next generation, continuing the legacy of MPG, will join the current leadership team, marking a significant step toward securing the Group’s future while preserving its storied heritage. Founded by Mr. Ninan Mathai Muthoot in 1887, the Group has consistently evolved to meet ...
Muthoot Pappachan Group`s Fourth-Generation Leaders Join the Board
Muthoot Pappachan Group`s Fourth-Generation Leaders Join the Board
Source: PR Agency
2024-12-23 05:58:16 pm
EV maker Ampere`s revenue declines by 46 pc to Rs 612 crore in FY24 Electric vehicle (EV) maker Ampere's total income from operations in FY24 declined by 46 per cent to Rs 612 crore, from Rs 1,124 crore in FY23.  Ampere's losses also surged nearly 11 times to Rs 215 crore last fiscal, from Rs 20 crore in FY23. If the company's non-operative (one-time cost) of Rs 477 crore is included, then the company suffered a massive loss of Rs 693 crore in FY24, as per its financials with the Registrar of Companies (ROC). The reason for the decli...
EV maker Ampere`s revenue declines by 46 pc to Rs 612 crore in FY24
EV maker Ampere`s revenue declines by 46 pc to Rs 612 crore in FY24
Source: IANS
2024-12-23 05:35:22 pm
IREDA lines up Rs 3,000 crore for green energy projects in Odisha Indian Renewable Energy Development Agency Limited (IREDA) has sanctioned over Rs 3,000 crore for green energy projects across Odisha, covering solar, hydro, ethanol and renewable energy manufacturing sectors, IREDA chairman and managing director Pradip Kumar Das said on Monday.  Addressing the Odisha Solar Investor Conclave, Das reaffirmed IREDA’s commitment to the state's ambitious renewable energy target, with the state setting its vision on achieving 10 GW capacity by 20...
IREDA lines up Rs 3,000 crore for green energy projects in Odisha
IREDA lines up Rs 3,000 crore for green energy projects in Odisha
Source: IANS
2024-12-23 04:12:17 pm
Pfaudler GmbH to establish a manufacturing facility in Poland GMM Pfaudler Limited through its subsidiary Pfaudler GmbH, Germany, has entered into an Investment and Shareholders’ Agreement on December 20, 2024, to acquire 51% stake of a limited liability company in Poland.   This acquisition aims to establish a manufacturing and engineering facility in Poland, enhancing global manufacturing capabilities and competitiveness.   The a...
Pfaudler GmbH to establish a manufacturing facility in Poland
Pfaudler GmbH to establish a manufacturing facility in Poland
Source: PR Agency
2024-12-23 03:04:08 pm
59 pc people seek GenAI smartphones by 2025 end globally As smartphones remain integral to people’s daily lives, 59 per cent of the respondents plan to purchase a Gen AI-enabled smartphone within the next year, with the trend being strongest in the US, followed by Germany and France, a global survey showed on Monday.  GenAI was familiar to 32 per cent of the respondents in a survey conducted by Counterpoint Research across seven countries, namely USA, Canada, the UK, France, Germany, Poland, and Japan. As per the results, GenAI awa...
59 pc people seek GenAI smartphones by 2025 end globally
59 pc people seek GenAI smartphones by 2025 end globally
Source: IANS
2024-12-23 02:48:03 pm
Just Dial`s Path to 190% Upside Through Listing Fees, B2B Expansion, and On-Demand Service : Ventura Securities Business Model: Revenue generation from listing fees & subscription packages, On-demand services (JD Xperts), Take rates from B2B platform JD Mart & others. Just Dial Limited (JD) is a one-of-its-kind listing services player in the Indian market, competing with platforms like Google and Bing. JD Xperts faces competition from The Urban Company, while JD Mart's B2B platform has India Intermesh as a peer. All these businesses have strong tailwinds with low penetration & c...
Just Dial`s Path to 190% Upside Through Listing Fees, B2B Expansion, and On-Demand Service : Ventura Securities
Just Dial`s Path to 190% Upside Through Listing Fees, B2B Expansion, and On-Demand Service : Ventura Securities
Source: Ventura Securities
2024-12-23 02:35:27 pm
M37Labs secures pre-seed funding from Concept Group M37Labs, an innovative AI solutions company, today announced its official launch with a mission to empower enterprises with cutting-edge AI capabilities. Founded by Prashant Shivram Iyer and Zorawar Purohit, M37Labs has secured a significant undisclosed amount in a pre-seed fund round from Vivek Suchanti - owner of the Concept Group, signalling a strong confidence in the company's vision and potential. AI-Powered Transformation for Enterprises M37Labs is uniquely positioned as an AI...
M37Labs secures pre-seed funding from Concept Group
M37Labs secures pre-seed funding from Concept Group
Source: PR Agency
2024-12-23 02:11:58 pm
DOQFY wins `Best Technology Provider for BFSI` at the 18th NBFC & FinTech Conclave & Awards Doqfy, a Software as a Service (SaaS) platform for contract execution, has been recently awarded at the esteemed 18th NBFC & FinTech Conclave & Awards 2024 in the category "Best Technology Provider for BFSI".This accomplishment underscores Doqfy’s commitment to provide efficient solutions in streamlining compliance and contract management. The NBFCs & Fintech Conclave and Awards is one of the leading events that explores various facets of technology from present...
DOQFY wins `Best Technology Provider for BFSI` at the 18th NBFC & FinTech Conclave & Awards
DOQFY wins `Best Technology Provider for BFSI` at the 18th NBFC & FinTech Conclave & Awards
Source: PR Agency
2024-12-23 01:58:47 pm
India poised to lead global race towards 6G: COAI  India is poised to lead the global race towards 6G, with an exciting opportunity to drive technological leadership, the Cellular Operators Association of India (COAI) said on Monday.  With the ongoing efforts like the Bharat 6G vision, the government aims to create 10 per cent of 6G patents from India and is evaluating 470 proposals on 'Accelerated research on 6G Ecosystem'. The rapid pace of digital innovations in telecom is evident from the massive adoption of artif...
India poised to lead global race towards 6G: COAI
India poised to lead global race towards 6G: COAI
Source: IANS
2024-12-23 01:55:20 pm
India`s data centre capacity to more than double by 2027 The Indian data centre industry’s capacity is set to more than double to 2-2.3 GW by fiscal 2026-2027 due to increasing digitalisation of the economy as enterprises increase their investments in cloud storage and consumer demand for data surges, according to a CRISIL Ratings report released on Monday.  “Further, rising penetration of Generative Artificial Intelligence (GenAI) will drive the demand over the medium term,” the report states. Incremental capital expen...
India`s data centre capacity to more than double by 2027
India`s data centre capacity to more than double by 2027
Source: IANS
2024-12-23 01:52:39 pm
Ambuja Cements strengthens community healthcare access with new clinic at Kashyalu Ambuja Cements, the cement and building material company of the diversified Adani Portfolio, has inaugurated a new Community Clinic Centre in Kashyalu village. Through CSR efforts, the Company aims to enhance healthcare access for residents around its Darlaghat plant. Following consultations with the local Panchayat members and stakeholders, the centre was developed with extensive community input, emphasizing a collaborative approach to public health. The clinic, which saw robust commun...
Ambuja Cements strengthens community healthcare access with new clinic at Kashyalu
Ambuja Cements strengthens community healthcare access with new clinic at Kashyalu
Source: PR Agency
2024-12-23 01:47:24 pm
Government launching 3 apps to protect consumers in digital marketplace The Department of Consumer Affairs will launch the 'Jago Grahak Jago App,' 'Jagriti App,' and 'Jagriti Dashboard” for public use on Tuesday to mark National Consumers Day.  An official statement on Sunday said that through these initiatives, the Department endeavours to create a transparent and fair digital marketplace where consumers can make informed decisions without being tricked or coerced. Consumers will also be educated about their rights. "The...
Government launching 3 apps to protect consumers in digital marketplace
Government launching 3 apps to protect consumers in digital marketplace
Source: IANS
2024-12-22 04:57:42 pm
Rozgar Mela: PM Narendra Modi to distribute 71,000 appointment letters on Monday Prime Minister Narendra Modi will distribute more than 71,000 appointment letters to newly appointed recruits on Monday (December 23).  The event will be held at around 10.30 a.m. through video conferencing. He will also address the gathering on the occasion. The Rozgar Mela will be held at 45 locations across the country. The recruitments will take place for various Ministries and Departments of the Central government. The recruits, selected from across the country will be join...
Rozgar Mela: PM Narendra Modi to distribute 71,000 appointment letters on Monday
Rozgar Mela: PM Narendra Modi to distribute 71,000 appointment letters on Monday
Source: IANS
2024-12-22 03:04:14 pm
Founders of 28 Indian new-age startups took home Rs 284 crore as salary in FY24 A total of 51 founders of 28 Indian new-age startup companies in the country took home Rs 283.5 crore as an annual salary in FY24.  According to the Inc42 report, "The average salary of startup founders in India declined by 26.9 per cent on year-on-year (YoY) basis to Rs 5.55 crore in FY 24 from Rs 7.6 crore in FY23." These new-age startups are from across all sectors. Among all these startups, Supam Maheshwari, founder of e-commerce startup FirstCry, took home the hig...
Founders of 28 Indian new-age startups took home Rs 284 crore as salary in FY24
Founders of 28 Indian new-age startups took home Rs 284 crore as salary in FY24
Source: IANS
2024-12-22 01:42:15 pm
Central PSUs record 47 per cent jump in net profit for 2023-24, market cap doubles Overall Net Profit of operating Central Public Sector Enterprises (CPSEs) rose to Rs 3.22 lakh crore in FY24 as against Rs 2.18 lakh crore in FY23 showing an increase of over 47 per cent, according to an official report.  The market capitalisation of CPSEs more than doubled in Fiscal Year 2024-25 as compared to Fiscal Year 2023-24, the report said. The major contributors to the increase in market cap are NTPC Ltd, Oil & Natural Gas Corporation Ltd, Hindustan Aeronautics Ltd...
Central PSUs record 47 per cent jump in net profit for 2023-24, market cap doubles
Central PSUs record 47 per cent jump in net profit for 2023-24, market cap doubles
Source: IANS
2024-12-22 12:47:49 pm
Barista Coffee Company collaborates with American Pistachio Growers to launch the new California pistachio offerings Barista Coffee, one of India’s leading home-grown coffee chains, is thrilled to collaborate with the American Pistachio Growers (APG) to introduce a new range of pistachio-based beverages and desserts. APG is known for their product quality, which is synonymous with what Barista stands for. Innovation has been a key to Barista's success and to launch a product which has a trust value attached creates the desired synergy for the collaboration. The partnership focuses on the premium q...
Barista Coffee Company collaborates with American Pistachio Growers to launch the new California pistachio offerings
Barista Coffee Company collaborates with American Pistachio Growers to launch the new California pistachio offerings
Source: PR Agency
2024-12-22 10:33:29 am
Truworth Wellness Launches Social Media Campaign `Power of Gratitude` to Highlight the Importance of Employee Recognition Truworth Wellness, a leader in corporate wellness solutions, has launched its latest social media campaign, ‘Power of Gratitude’, aimed at fostering a culture of appreciation and recognition in workplaces. With employee engagement and retention challenges becoming increasingly critical, the campaign underscores how acknowledging team efforts can transform organizational dynamics and drive success. The ‘Power of Gratitude’ campaign uses an engaging com...
Truworth Wellness Launches Social Media Campaign `Power of Gratitude` to Highlight the Importance of Employee Recognition
Truworth Wellness Launches Social Media Campaign `Power of Gratitude` to Highlight the Importance of Employee Recognition
Source: PR Agency
2024-12-22 10:21:55 am
Quote on Real Estate Sector 2024 Recap and 2025 Outlook by Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd Below the Quote on Real Estate Sector 2024 Recap and 2025 Outlook by Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd     “The Indian real estate sector surged in 2024, supported by rising urbanization, shifting lifestyles, and increasing demand across affordable, mid-income, and luxury segments. Residential demand has been particularly strong, while the luxury market saw a boost from high-net-worth individuals and NRIs keen on high-end ...
Quote on Real Estate Sector 2024 Recap and 2025 Outlook by Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd
Quote on Real Estate Sector 2024 Recap and 2025 Outlook by Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd
Source: Signature Global India Ltd
2024-12-22 10:05:18 am
Top 6 Blue-Collar Job Recruitment Portals to Kickstart Your Career in 2025 MyJobee MyJobee a bootstrapped start-up is an innovative and trusted job search and recruitment platform specifically designed for skilled, unskilled, and unorganized blue-collar workers. In a market saturated with white-collar job portals, MyJobee stands out by offering a transparent, multilingual platform that seamlessly connects employers and job seekers. MyJobee was established in 2023 in response to outdated recruitment practices in the blue-collar sector, where word-of-mouth, contrac...
Top 6 Blue-Collar Job Recruitment Portals to Kickstart Your Career in 2025
Top 6 Blue-Collar Job Recruitment Portals to Kickstart Your Career in 2025
Source: PR Agency
2024-12-22 09:52:42 am
Shriram Finance Limited Achieves significant Milestone with Largest MultiCurrency Syndicated Loan by a NBFC for USD 1.277 billion equivalent Shriram Finance Limited (SFL), the flagship company of the Shriram Group, has reached a historic milestone by successfully raising USD 1.277 billion equivalent in multiple currencies, including USD, EUR, and AED, through a notable External Commercial Borrowing (ECB) loan transaction. This landmark deal, executed in partnership with 12 leading banks, including prominent development institutions such as the International Finance Corporation, features tenors of up to five years. Not only does th...
Shriram Finance Limited Achieves significant Milestone with Largest MultiCurrency Syndicated Loan by a NBFC for USD 1.277 billion equivalent
Shriram Finance Limited Achieves significant Milestone with Largest MultiCurrency Syndicated Loan by a NBFC for USD 1.277 billion equivalent
Source: PR Agency
2024-12-22 09:40:49 am
Cybersecurity Threat Trends that will impact Indian businesses in 2025, Barracuda highlights Security experts at Barracuda Networks, Inc., a leading cybersecurity company providing complete protection against complex threats have revealed their perspectives on how the cyberthreat landscape is likely to evolve in 2025 and the key trends organisations in India should prepare for. Among other things, the experts believe that AI-powered attacks will continue to evolve, making attacks increasingly personalised, faster, and harder to detect. Attackers are expected to leverage ...
Cybersecurity Threat Trends that will impact Indian businesses in 2025, Barracuda highlights
Cybersecurity Threat Trends that will impact Indian businesses in 2025, Barracuda highlights
Source: PR Agency
2024-12-22 09:30:23 am