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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
Humanoid robotics to offer human-like dexterity, intelligence to industries Humanoid robotics technologies will soon transform healthcare, manufacturing, logistics, and service industries by offering advanced dexterity, precision, and human-like capabilities, according to a report on Friday.  The report by GlobalData, a data and analytics company, showed that human-like dexterity and intelligence can help automate complex tasks, address labour shortages, as well as enhance operational efficiency across such industries. “The rapid progress in humanoid...
Humanoid robotics to offer human-like dexterity, intelligence to industries
Humanoid robotics to offer human-like dexterity, intelligence to industries
Source: IANS
2024-12-21 12:35:08 pm
Industry must fully integrate with government digital platforms to boost logistics sector: Piyush Goyal Union Minister of Commerce and Industry Piyush Goyal on Friday called for a 100 per cent integration of industry stakeholders onto the government digital platforms to improve the logistics sector.  During his address at the ULIP Logixtics Hackathon 2.0 Awards Ceremony here, the minister urged the participants to think about sustainability and integrate green practices into India’s logistics ecosystem. "We have to adopt technology like electric mobility, biofuels, multimo...
Industry must fully integrate with government digital platforms to boost logistics sector: Piyush Goyal
Industry must fully integrate with government digital platforms to boost logistics sector: Piyush Goyal
Source: IANS
2024-12-21 12:31:11 pm
CM Mohan Yadav to lay foundation stone for IT Park at Ujjain Engineering College Madhya Pradesh Chief Minister Mohan Yadav will lay the foundation stone for an IT Park in his home district Ujjain on Saturday.   Chief Minister Yadav will perform the 'bhoomi-puja' for the project worth Rs 46 crore (estimated cost for the initial phase) during an event at Ujjain Engineering College on Indore Road. The state government has allocated 2.16 hectares of Government Ujjain Engineering College premises in Goylakhurd village for setting up an IT Park in the city of...
CM Mohan Yadav to lay foundation stone for IT Park at Ujjain Engineering College
CM Mohan Yadav to lay foundation stone for IT Park at Ujjain Engineering College
Source: IANS
2024-12-21 11:49:15 am
Biotech startups in India surged from 50 to about 9,000 in last decade: Jitendra Singh From just 50 biotech startups in 2014 in India, the ecosystem has grown to nearly 9,000 in the last decade, said Union Minister Jitendra Singh.    At an event held in the national capital, Singh attributed the increase to the remarkable growth in bio-economy in the last 10 years -- from $10 billion in 2014 to over $130 billion in 2024. The bio-economy industry is expected to reach $300 billion by 2030. “With the kind of threat of pollution, the climate challenges, etc., ...
Biotech startups in India surged from 50 to about 9,000 in last decade: Jitendra Singh
Biotech startups in India surged from 50 to about 9,000 in last decade: Jitendra Singh
Source: IANS
2024-12-21 11:20:31 am
India launches probe to determine `safeguard duty` on steel as imports surge India has launched an investigation to consider if it should impose a safeguard duty or a temporary tax to curtail unbridled steel imports, according to a government notice on Friday. The probe comes after Indian Steel Association, which represents top steelmakers such as ArcelorMittal Nippon Steel India Ltd, JSW Steel Ltd, Jindal Steel and Power, filed a petition to initiate an investigation concerning imports of "Non-Alloy and Alloy Steel Flat Products" into India. India'...
India launches probe to determine `safeguard duty` on steel as imports surge
India launches probe to determine `safeguard duty` on steel as imports surge
Source: Reuters
2024-12-21 10:59:37 am
India`s Zoomcar to launch cab rental product to test demand in larger market  Zoomcar will launch a chauffeur-driven cab rental product in the southern Indian city of Bengaluru as it looks to test the waters in a larger part of the transportation market, the self-drive car-sharing platform told Reuters on Friday. The move comes months after the cash-strapped company terminated co-founder Greg Moran as CEO after an over a decade-long tenure at the helm that saw the firm go public in the United States. Zoomcar could face stiff competition in a market dominate...
India`s Zoomcar to launch cab rental product to test demand in larger market
India`s Zoomcar to launch cab rental product to test demand in larger market
Source: Reuters
2024-12-21 10:39:20 am
India steel imports from China hit record high, data shows  India's finished steel imports from China reached an all-time high during the first eight months of the fiscal year to March 2025, provisional government data showed, adding to concerns among domestic mills about cheap shipments from China. Total imports of finished steel were at an eight-year high with India, the world's second-biggest crude steel producer, a net importer during the period. India shipped in 6.5 million metric tons of finished steel, a 26.6% increase year-...
India steel imports from China hit record high, data shows
India steel imports from China hit record high, data shows
Source: Reuters
2024-12-21 10:30:48 am
TRAI recommends additional spectrum for Indian Railways to boost safety The Telecom Regulatory Authority of India (TRAI) on Friday released recommendations on assignment of additional spectrum to Indian Railways for its safety and security applications.  Indian Railways has sought an additional 5 MHz of paired spectrum in the 700 MHz band, free of cost, for enhancing its safety and security systems, according to Department of Telecommunications (DoT), Ministry of Communications. “In addition to the already assigned 5 MHz (paired) frequency spectr...
TRAI recommends additional spectrum for Indian Railways to boost safety
TRAI recommends additional spectrum for Indian Railways to boost safety
Source: IANS
2024-12-21 09:43:40 am
Centre, ADB sign $350 million loan to boost India`s supply chains  The Indian government and the Asian Development Bank (ADB) on Friday signed an agreement for a $350 million policy-based loan under the second subprogramme of the Strengthening Multimodal and Integrated Logistics Ecosystem (SMILE) programme, to strengthen the domestic manufacturing sector and improve the resilience of supply chains.  According to the Ministry of Commerce and Industry, the SMILE programme is a programmatic policy-based loan (PBL) to support the government in unde...
Centre, ADB sign $350 million loan to boost India`s supply chains
Centre, ADB sign $350 million loan to boost India`s supply chains
Source: IANS
2024-12-21 09:22:48 am
India now has 25,202 public charging stations for EVs: Minister As many as 25,202 public charging stations for electric vehicles (EVs) have been installed in the country to date, the government said on Friday.  Karnataka leads with 5,765 EV public charging stations, followed by Maharashtra at 3,728 and Uttar Pradesh at 1,989, Minister of State for Heavy Industries and Steel, Bhupathiraju Srinivasa Varma, told the Rajya Sabha in a written reply. As per the information received from the Ministry of Power, 271 EV public charging stations are insta...
India now has 25,202 public charging stations for EVs: Minister
India now has 25,202 public charging stations for EVs: Minister
Source: IANS
2024-12-21 09:15:19 am
Bihar business summit gets investment proposals worth Rs 1.8 lakh crore The two-day Bihar Business Connect 2024 witnessed the signing of memoranda of understanding (MoUs) for investments to the tune of Rs 1.8 lakh crore in the state by leading industrial groups of the country, Bihar Industries & Tourism Minister Nitish Mishra said on Friday. The proposed investments represent a three-fold jump over the corresponding figure for the maiden investor summit held in Bihar last year. The Adani Group which has emerged as the largest investor in the state unvei...
Bihar business summit gets investment proposals worth Rs 1.8 lakh crore
Bihar business summit gets investment proposals worth Rs 1.8 lakh crore
Source: IANS
2024-12-21 09:07:31 am
Shardeum Announces Appointment of Srinivasan Parthasarathy as Chief Technology Officer Today, Shardeum, the autoscaling layer-1 blockchain, announces the appointment of Srinivasan “Srini” Parthasarathy as Chief Technology Officer (CTO). In this new role, Srini will help Shardeum accelerate its technical roadmap, driving the development of the Shardeum ecosystem. Srini joins Shardeum with over 30 years of experience as CTO and in lead engineering positions in both the traditional and blockchain technology industries. Immediately before his new role, Srini served...
Shardeum Announces Appointment of Srinivasan Parthasarathy as Chief Technology Officer
Shardeum Announces Appointment of Srinivasan Parthasarathy as Chief Technology Officer
Source: PR Agency
2024-12-20 05:20:08 pm
WSFx Global Pay Launches Student Pay - Visa Forex Card Tailored for Indian Students Abroad WSFx Global Pay, formerly known as Wall Street Finance Ltd and established in 1986, is a trusted, BSE-listed leader in the foreign exchange and cross-border payments industry with an AD2 License from Reserve Bank of India. As a pioneering forex fintech company, WSFx leverages cutting-edge technology to deliver seamless payment solutions. WSFx has introduced many Industry defining Digital Products.   Building on its legacy of innovation, the company pro...
WSFx Global Pay Launches Student Pay - Visa Forex Card Tailored for Indian Students Abroad
WSFx Global Pay Launches Student Pay - Visa Forex Card Tailored for Indian Students Abroad
Source: PR Agency
2024-12-20 05:18:15 pm
India`s Steel Imports from China Hit Record High in FY25 by Amit Gupta, Kedia Advisory India's finished steel imports from China reached a record high in the first eight months of FY25, with 1.96 million metric tons shipped, a 22.8% increase year-on-year. Overall, steel imports rose 26.6%, hitting an eight-year high, with China, Japan, and South Korea accounting for 79% of total imports. The surge has impacted India's smaller mills, forcing operational cuts, as New Delhi considers safeguard duties to curb the influx. While India's steel demand remains strong, driven...
India`s Steel Imports from China Hit Record High in FY25 by Amit Gupta, Kedia Advisory
India`s Steel Imports from China Hit Record High in FY25 by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-12-20 03:21:39 pm
Cement industry poised for recovery in 2H FY25 amid competitive pricing dynamics : Motilal Oswal Financial Services Ltd According to Motilal Oswal Financial Services Ltd. (MOFSL) report, the Indian cement industry is expected to see a robust recovery in the second half of FY25, driven by pent-up demand, a rebound in government capex, and sustained momentum in the real estate and housing sectors. Industry volumes grew by 3-5% year-on-year (YoY) during October-November 2024, despite a challenging October due to unseasonal rains, a high base from the previous year, and the overlap of festive seasons. Notably, ...
Cement industry poised for recovery in 2H FY25 amid competitive pricing dynamics : Motilal Oswal Financial Services Ltd
Cement industry poised for recovery in 2H FY25 amid competitive pricing dynamics : Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-12-20 03:12:02 pm
Comment on the Net Zero water certification on NTPC RGPPL Ratnagiri Township Becomes India`s First to Achieve IGBC Net Zero Water Certification by Viswajit Srinivasan, a senior banker of Indian origin based out of the UK Below the Comment on the Net Zero water certification on NTPC RGPPL Ratnagiri Township Becomes India’s First to Achieve IGBC Net Zero Water Certification by Viswajit Srinivasan, a senior banker of Indian origin based out of the UK   “Ratnagiri Gas and Power Private Limited (RGPPL) Township being the first township to achieve the Net Zero certification from IGBC is a remarkable milestone. It has been estimated by the IGBC that building projects consume 10% of all water c...
Comment on the Net Zero water certification on NTPC RGPPL Ratnagiri Township Becomes India`s First to Achieve IGBC Net Zero Water Certification by Viswajit Srinivasan, a senior banker of Indian origin based out of the UK
Comment on the Net Zero water certification on NTPC RGPPL Ratnagiri Township Becomes India`s First to Achieve IGBC Net Zero Water Certification by Viswajit Srinivasan, a senior banker of Indian origin based out of the UK
Source: PR Agency
2024-12-20 02:52:15 pm
Unicorns continue to be among large employers in India Unicorns (with valuation $1 billion and above) continue to be among the large employers in India and overall, 116 Indian unicorns employed 4,10,829 people in August this year compared to 4,17,561 employees recorded in the same month last year, a report showed on Friday.  Unicorn hiring peaked in March at over 42,000 cumulative employee additions, according to the report by SaaS-based network platform PrivateCircle. “Unicorns continue to be large employers in India. We find th...
Unicorns continue to be among large employers in India
Unicorns continue to be among large employers in India
Source: IANS
2024-12-20 02:46:47 pm
US and India discuss advancing space partnership, announce initiatives The US and India are set to strengthen space cooperation, including for human spaceflight, and joint space exploration, and are expected to facilitate commercial partnerships between space companies of both countries to advance shared interests in the growing space economy.  After US President Joe Biden and Prime Minister Narendra Modi in June 2023 committed to work together to “reach new frontiers across all sectors of space cooperation” and India’s signing of the A...
US and India discuss advancing space partnership, announce initiatives
US and India discuss advancing space partnership, announce initiatives
Source: IANS
2024-12-20 02:42:33 pm
Indian cement industry poised for robust recovery in 2nd half of FY25  The Indian cement industry is projected to see a robust recovery in the second half of FY25, driven by pent-up demand, a rebound in government capex and sustained momentum in the real estate and housing sectors, a Motilal Oswal Financial Services Ltd. (MOFSL) report said on Friday.  Industry volumes grew by 3-5 per cent year-on-year (YoY) during October-November 2024, despite a challenging October due to unseasonal rains, a high base from the previous year, and the overlap of fe...
Indian cement industry poised for robust recovery in 2nd half of FY25
Indian cement industry poised for robust recovery in 2nd half of FY25
Source: IANS
2024-12-20 02:29:24 pm
Footwear and leather industry symbol of India`s craftmanship and innovation: Piyush Goyal Union Minister of Commerce & Industry, Piyush Goyal has said that India’s footwear and leather industry is not only a significant contributor to the economy but also a symbol of skilled craftsmanship and innovation.  Goyal lauded the exporters for their contributions and urged the industry leaders to work together to achieve even greater milestones. He praised the leather industry for adopting high quality standards and for their commitment to make Brand India represent the ...
Footwear and leather industry symbol of India`s craftmanship and innovation: Piyush Goyal
Footwear and leather industry symbol of India`s craftmanship and innovation: Piyush Goyal
Source: Accord Fintech
2024-12-20 02:19:19 pm
Pranav Adani unveils Adani Group`s Rs 27,900 crore investment plan for Bihar, to create 53,500 jobs  Pranav Adani, Managing Director, Agro, Oil and Gas and Director of Adani Enterprises, on Friday unveiled a massive Rs 27,900 crore investment plan for Bihar, with the potential of creating as many as 53,500 jobs in the state.  Addressing the ‘Bihar Business Connect’ summit here, Pranav Adani said that “there can be no better validation” of the Adani Group’s belief in the leadership of state Chief Minister Nitish Kumar “than the humble fact tha...
Pranav Adani unveils Adani Group`s Rs 27,900 crore investment plan for Bihar, to create 53,500 jobs
Pranav Adani unveils Adani Group`s Rs 27,900 crore investment plan for Bihar, to create 53,500 jobs
Source: IANS
2024-12-20 02:15:06 pm
Bihar government expects Rs 1 lakh crore MoUs to be signed during business connect event The Bihar government is expecting to sign MoUs worth approximately Rs.1 lakh crore on the second day of the 'Bihar Business Connect 2024’ event on Friday.   The officials claimed that around 350 companies have confirmed their intent to invest in Bihar and would sign MoUs. Over 815 prominent investors have participated in the event so far, showcasing growing confidence in Bihar’s investment potential. The largest investment announcement comes from Sun Petrochemica...
Bihar government expects Rs 1 lakh crore MoUs to be signed during business connect event
Bihar government expects Rs 1 lakh crore MoUs to be signed during business connect event
Source: IANS
2024-12-20 02:07:14 pm
Over 4 lakh jobs backlog for SC, ST, OBC filled since 2016: Centre More than four lakh backlog vacancies in government jobs reserved for Scheduled Caste (SC), Scheduled Tribe (ST) and Other Backward Class (OBC) candidates have been filled since 2016, the Parliament was informed.  "Occurrence and filling of vacancies, including the backlog reserved vacancies, is a continuous process," Minister of State for Personnel Jitendra Singh said in a written reply to the Rajya Sabha. Instructions have been issued to all ministries and departments o...
Over 4 lakh jobs backlog for SC, ST, OBC filled since 2016: Centre
Over 4 lakh jobs backlog for SC, ST, OBC filled since 2016: Centre
Source: IANS
2024-12-20 02:00:56 pm
India`s renewable energy projects record 63 per cent jump in investment Project finance flowing into renewable energy projects recorded a 63 per cent jump in 2023 compared to 2022 levels, to scale the Rs 30,255 crore ($3.66 billion) mark, according to a report by the Centre for Financial Accountability.    The report, titled 'Coal vs RE Investment in 2024' states that while there was an increase in project finance lending to renewable energy projects, there was no project finance lending to new coal power projects for the third consecutive ye...
India`s renewable energy projects record 63 per cent jump in investment
India`s renewable energy projects record 63 per cent jump in investment
Source: IANS
2024-12-20 01:57:08 pm
India looking at collaboration with HD Korea Shipbuilding Officials of HD Korea Shipbuilding & Offshore Engineering met with the secretary of India's oil ministry on Thursday and the two sides are exploring potential collaborations in shipbuilding, the South Asian nation said.
India looking at collaboration with HD Korea Shipbuilding
India looking at collaboration with HD Korea Shipbuilding
Source: Reuters
2024-12-20 11:43:37 am
India`s Tech Mahindra aiming for bigger bite of bank tech spends, CEO says  India's Tech Mahindra is stepping up focus on its banking, financial services and insurance (BFSI) business in a bid to bridge the gap with larger peers which have historically made more revenue from the lucrative segment, its CEO said in an interview. Mohit Joshi, who took the helm of India's No.5 software services exporter in December 2023 after more than two decades at Infosys, wants to increase the share of BFSI in Tech Mahindra's revenue mix by up to 25% by March 202...
India`s Tech Mahindra aiming for bigger bite of bank tech spends, CEO says
India`s Tech Mahindra aiming for bigger bite of bank tech spends, CEO says
Source: Reuters
2024-12-20 11:38:51 am
Tata Power Renewable Energy joins Canara Bank to boost PM Surya Ghar Muft Bijli Yojana Tata Power Renewable Energy Limited (TPREL), a subsidiary of the Tata Group, on Friday said it has joined Canara Bank to promote the adoption of rooftop solar systems under the PM Surya Ghar Muft Bijli Yojana.  As part of the initiative, households can benefit from tailored financing options under the PM Surya Ghar Scheme, designed to make rooftop solar installations more accessible and affordable, the company said in a statement. For systems with a capacity of up to 3 kW, the sche...
Tata Power Renewable Energy joins Canara Bank to boost PM Surya Ghar Muft Bijli Yojana
Tata Power Renewable Energy joins Canara Bank to boost PM Surya Ghar Muft Bijli Yojana
Source: IANS
2024-12-20 11:20:43 am
India 39th among 119 nations in WEF tourism development index, improves 2021 ranking Driven by improved infrastructure and friendly government policies to boost tourism, India is now ranked 39th among 119th countries in the Travel and Tourism Development Index (TTDI) 2024 report, published by the World Economic Forum (WEF).  In the previous index published in 2021, India was ranked 54th. However, due to a revision in the WEF's methodology, India's 2021 rank was adjusted to 38th place, Union Minister for Tourism and Culture, Gajendra Singh Shekhawat, said in a ...
India 39th among 119 nations in WEF tourism development index, improves 2021 ranking
India 39th among 119 nations in WEF tourism development index, improves 2021 ranking
Source: IANS
2024-12-20 10:30:17 am