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India-UK FTA to boost growth across sectors: Piyush Goyal Union Minister of Commerce and Industry, Piyush Goyal, on Saturday highlighted the transformative potential of the India-UK Free Trade Agreement (FTA), stating that it offers promising avenues of growth for diverse sectors.  “The India-UK FTA offers promising avenues of growth for diverse sectors,” the Union Minister wrote on social media platform X. The FTA, finalised after extensive negotiations, marks a significant milestone in the economic relations between India an...
India-UK FTA to boost growth across sectors: Piyush Goyal
India-UK FTA to boost growth across sectors: Piyush Goyal
Source: IANS
2025-05-10 05:48:19 pm
Remlife Global PTE LTD. Announces Strategic Partnership with JiyaYu Lifesciences to Replace Animal-Origin Inputs in APIs and Intermediates through Scalable Green Chemistry Solutions Remlife Global PTE LTD., a Singapore-based subsidiary of BSE-listed Remedium Lifecare Ltd. (India), is pleased to announce a forward-looking partnership with JiyaYu Lifesciences PTE Ltd., a green chemistry technology platform company. This collaboration is focused on replacing animal-origin raw materials in the manufacturing of active pharmaceutical ingredients (APIs) and advanced intermediates through proprietary fermentation and biocatalyst-based alternatives. As part of the pa...
Remlife Global PTE LTD. Announces Strategic Partnership with JiyaYu Lifesciences to Replace Animal-Origin Inputs in APIs and Intermediates through Scalable Green Chemistry Solutions
Remlife Global PTE LTD. Announces Strategic Partnership with JiyaYu Lifesciences to Replace Animal-Origin Inputs in APIs and Intermediates through Scalable Green Chemistry Solutions
Source: PR Agency
2025-05-10 04:58:51 pm
India launches report on priority corridors for zero-emission trucking  The Office of the Principal Scientific Adviser (PSA) has released a report highlighting India’s priority corridors for zero-emission trucking.  The report outlines 10 critical highway corridors across the country that offer the highest potential for adopting zero-emission trucks (ZETs). It aims to catalyse a national transition towards a cleaner, more sustainable freight movement. "By strategically targeting these corridors, India can accelerate its transition to a...
India launches report on priority corridors for zero-emission trucking
India launches report on priority corridors for zero-emission trucking
Source: IANS
2025-05-10 11:12:30 am
Shivraj Singh Chouhan assures adequate food supplies amid rising India-Pakistan tensions Union Agriculture Minister Shivraj Singh Chouhan on Friday assured the nation that there are sufficient food stocks and that the country is well-prepared to handle any emergencies.  His statement came in the wake of escalating tensions with neighbouring Pakistan. Minister Chouhan emphasised that both the nation's defence forces and farmers are ready to ensure the country's security and food security. He highlighted the significant increase in food grain production, with ...
Shivraj Singh Chouhan assures adequate food supplies amid rising India-Pakistan tensions
Shivraj Singh Chouhan assures adequate food supplies amid rising India-Pakistan tensions
Source: IANS
2025-05-10 10:45:12 am
Sarbananda Sonowal takes stock of key port projects, cargo movement amid tensions with Pakistan Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal conducted extensive review meetings with officials here on Friday in the backdrop of rising tensions with Pakistan.   The minister took stock of key maritime projects and directed the officials to ensure that the business remains normal, and reviewed measures to be taken to ensure smooth and regular movement of cargo operations. Major organisations under the Ministry, including the Shipping Corporation of India (SCI...
Sarbananda Sonowal takes stock of key port projects, cargo movement amid tensions with Pakistan
Sarbananda Sonowal takes stock of key port projects, cargo movement amid tensions with Pakistan
Source: IANS
2025-05-10 10:10:36 am
SBI, PNB other banks say ATMs, digital services operating smoothly India's top banks, including the State Bank of India and the Punjab National Bank, said that their ATMs and digital services were fully functional and all operations were normal.  The announcement by the banks came in response to fake social media reports claiming that ATMs are likely to be shut in the coming days amid rising tensions between India and Pakistan. "All our ATMs, CDMs/ADWMs and digital services are fully operational and available for public use," the Sta...
SBI, PNB other banks say ATMs, digital services operating smoothly
SBI, PNB other banks say ATMs, digital services operating smoothly
Source: IANS
2025-05-10 09:25:05 am
India Inc hails decisive action in `Operation Sindoor` The Confederation of Indian Industry (CII) on Friday expressed its solidarity and “unequivocal support” to the government and Indian armed forces for the decisive and strategic execution of 'Operation Sindoor' against Pakistan.  “This mission underscores India’s unwavering commitment to national security and sends a strong message that acts of terror will not be tolerated at any cost but will be met with resolute countermeasures,” the apex busines...
India Inc hails decisive action in `Operation Sindoor`
India Inc hails decisive action in `Operation Sindoor`
Source: IANS
2025-05-10 09:17:43 am
India surpasses Germany to become world`s 3rd-largest producer of wind, solar energy India is now the world's third-largest producer of wind and solar energy, surpassing Germany, Union Minister for New and Renewable Energy, Pralhad Joshi, said on Friday, adding that the country's solar power installed capacity reached 107.95 GW in April this year, from 82.64 GW in the same month last year, which is a 30.7 per cent growth.  With 10 per cent of the global share, India's clean energy capacity continues to grow significantly under the guidance of Prime Ministe...
India surpasses Germany to become world`s 3rd-largest producer of wind, solar energy
India surpasses Germany to become world`s 3rd-largest producer of wind, solar energy
Source: IANS
2025-05-10 09:05:24 am
Cap rates stable across sectors in Mumbai and Bengaluru in Q1 2025, despite robust leasing activity Leading global diversified professional services company, Colliers, released its Q1 2025 Asia Pacific Cap Rates Report, which reflected that key Asia Pacific property markets remained stable in the first quarter of the year. 12 of the 19 markets monitored in the report demonstrated stable cap rates. The sector with the most movement in rates was industrial, with growth in the sector anchored by solid fundamentals and innovation despite oversupply in some markets. In India, Bengaluru and Mu...
Cap rates stable across sectors in Mumbai and Bengaluru in Q1 2025, despite robust leasing activity
Cap rates stable across sectors in Mumbai and Bengaluru in Q1 2025, despite robust leasing activity
Source: PR Agency
2025-05-09 06:08:22 pm
AI-led innovation driving growth in India`s radiology sector India is witnessing a significant uptick in the adoption of diagnostic radiology devices, with a major rise in accelerated adoption of AI-powered technologies and remote monitoring solutions, according to a report on Friday.  The report by 1Lattice, a tech-enabled market intelligence firm, also attributed the growth to rising disease burden, increased investment in healthcare infrastructure. It revealed that India has registered 1.48 lakh radiology devices, with Maharashtra (20,590...
AI-led innovation driving growth in India`s radiology sector
AI-led innovation driving growth in India`s radiology sector
Source: IANS
2025-05-09 03:57:47 pm
Government notifies expansion of Credit Guarantee Scheme for Startups The Centre's Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry has notified the expansion of the Credit Guarantee Scheme for Startups (CGSS) which increases the ceiling on guarantee cover per borrower from Rs 10 crore to Rs 20 crore.   The extent of guarantee cover provided has also been increased to 85 per cent of the amount in default for loan amounts up to Rs 10 crore and 75 per cent of the amount in default for loan amounts exce...
Government notifies expansion of Credit Guarantee Scheme for Startups
Government notifies expansion of Credit Guarantee Scheme for Startups
Source: IANS
2025-05-09 03:45:33 pm
India`s IT sector grows 16 pc in April, driven by AI and tech talent demand Information technology (IT) sector in India is witnessing strong growth, with hiring activity increasing by 16 per cent year-on-year (YoY) in April 2025, a new report said on Friday.  A major driver behind this growth is the rapid expansion of Global Capability Centres (GCCs), which have created over 110,000 new tech jobs during the financial year 2024-25, according to data compiled by jobs platform foundit (formerly Monster APAC and ME). This hiring boom comes despite an 11 per ce...
India`s IT sector grows 16 pc in April, driven by AI and tech talent demand
India`s IT sector grows 16 pc in April, driven by AI and tech talent demand
Source: IANS
2025-05-09 03:38:21 pm
India`s retail sector surges with 169 pc growth in Q1 2025 The Indian retail sector witnessed 169 per cent growth (year-on-year) in the January-March quarter, as strong momentum in new retail store openings continued to play out in major metropolitan cities, a report said on Friday.  On a quarter-on-quarter (QoQ) basis, gross leasing activity in the retail sector noted an uptrend of 9 per cent, according to the report by JLL India. While demand for retail spaces continued unabated across the top seven cities, the infusion of new retail spa...
India`s retail sector surges with 169 pc growth in Q1 2025
India`s retail sector surges with 169 pc growth in Q1 2025
Source: IANS
2025-05-09 12:57:30 pm
India`s warehousing sector clocks 50 pc leasing growth in Q1 India’s warehousing sector recorded leasing of 16.7 million square feet in the January-March quarter, marking a significant 50 per cent year-on-year (YoY) increase, a report showed on Friday.  There was a strong performance in warehousing leasing across the top eight markets during Q1 2025, primarily driven by the manufacturing sector, which recorded a remarkable 94 per cent surge in leasing volumes, reaching 8 million sq ft in the first quarter, said the report by Knight Frank ...
India`s warehousing sector clocks 50 pc leasing growth in Q1
India`s warehousing sector clocks 50 pc leasing growth in Q1
Source: IANS
2025-05-09 12:45:23 pm
India, Chile make progress on comprehensive economic partnership agreement India and Chile have signed the terms of reference (ToR) for a comprehensive economic partnership agreement (CEPA), marking a significant advancement in their bilateral trade relations, the government said on Friday.  The mutually-agreed ToR were signed by Juan Angulo, Ambassador of Chile in India and Vimal Anand, Joint Secretary in Department of Commerce, who is also the Chief Negotiator for India-Chile CEPA from the Indian side. Both sides reiterated their shared vision for stren...
India, Chile make progress on comprehensive economic partnership agreement
India, Chile make progress on comprehensive economic partnership agreement
Source: IANS
2025-05-09 12:22:15 pm
We stand in unwavering solidarity with our armed forces: Gautam Adani Gautam Adani, Chairman of the Adani Group, on Thursday extended his full support to the Indian armed forces, as tensions further flared up between India and Pakistan.  In a heartfelt message on social media platform X, the billionaire industrialist said it is in times like these that the world witnesses the true strength and unity of India, "forged as much in her sameness, as in her diversity". "We stand in unwavering solidarity and are committed to supporting our ar...
We stand in unwavering solidarity with our armed forces: Gautam Adani
We stand in unwavering solidarity with our armed forces: Gautam Adani
Source: IANS
2025-05-09 12:09:06 pm
Gautam Adani sees group’s pact to set up 5,000 MW projects in Bhutan as deepening of partnership Adani Group Chairman Gautam Adani on Thursday said the signing of the MoU to jointly develop 5,000 MW of hydropower projects in Bhutan represented a deepening of the group’s partnership with the Himalayan country.  He also thanked Bhutan Prime Minister Tshering Tobgay for reposing his trust in the Adani Group. "Was honoured to deepen our partnership with Bhutan. We are committed to a greener and more prosperous future. Thank you PM Bhutan Tshering Tobgay for your trust a...
Gautam Adani sees group’s pact to set up 5,000 MW projects in Bhutan as deepening of partnership
Gautam Adani sees group’s pact to set up 5,000 MW projects in Bhutan as deepening of partnership
Source: IANS
2025-05-09 11:22:41 am
Bhutan signs MoU with Adani Group to develop 5,000 MW hydropower projects The Adani Group and the Druk Green Power Corporation (DGPC) of Bhutan have signed a landmark Memorandum of Understanding (MoU) to jointly develop 5,000 MW of hydropower projects in Bhutan.  The MoU was signed here by DGPC’s MD Dasho Chhewang Rinzin and Adani Green Hydro Ltd’s COO, PSP & Hydro, Naresh Telgu, in the presence of Prime Minister Dasho Tshering Tobgay, Minister for Energy and Natural Resources Lyonpo Gem Tshering and other senior dignitaries. This MoU bui...
Bhutan signs MoU with Adani Group to develop 5,000 MW hydropower projects
Bhutan signs MoU with Adani Group to develop 5,000 MW hydropower projects
Source: IANS
2025-05-09 11:14:30 am
India needs reliable, scalable AI infrastructure: NITI Aayog With artificial intelligence (AI) adoption surging across sectors, the need for reliable, scalable and sustainable AI infrastructure in India has never been more urgent, NITI Aayog said on Thursday.  Recognising the critical role of AI infrastructure in shaping India’s economic future, the NITI Aayog 'Frontier Tech Hub' hosted a high-level workshop here, focused on accelerating investments in AI-ready datacentres across Indian states. “India has a once-in-a-gene...
India needs reliable, scalable AI infrastructure: NITI Aayog
India needs reliable, scalable AI infrastructure: NITI Aayog
Source: IANS
2025-05-09 10:59:32 am
India pharma market sees 7.8 pc revenue growth in April India’s pharmaceutical market (IPM) continues its growth in April with 7.8 per cent year-on-year (yoy) in revenue, according to a report on Thursday.  The report, by rating agency India Ratings and Research (Ind-Ra), showed that the growth was driven by the price hikes taken by companies with volume growing 1.3 per cent yoy. Almost all major chronic therapies also showed positive value and volume growth. “Ind-Ra expects IPM to grow to the tune of 7 per cent-8 per cent y...
India pharma market sees 7.8 pc revenue growth in April
India pharma market sees 7.8 pc revenue growth in April
Source: IANS
2025-05-09 10:20:28 am
FTA to double India`s market share in UK`s garment imports India is expected to double its market share from 6 per to 12 per cent in the UK’s ready-made garments imports following the free trade agreement, translating into an incremental annual export opportunity of around $1.1-1.2 billion in the near to medium term, according to a CareEdge Ratings report released on Thursday.  The UK is among the top five ready-made garments (RMG) markets, with imports of around $20 billion in 2024. Currently, India holds a 6 per cent market share in t...
FTA to double India`s market share in UK`s garment imports
FTA to double India`s market share in UK`s garment imports
Source: IANS
2025-05-09 09:58:42 am
Governmentt ropes in Hafele India to boost local startups, MSMEs The Centre’s Department for Promotion of Industry and Internal Trade (DPIIT) and Hafele India Pvt Ltd have signed a Memorandum of Understanding to strengthen India’s manufacturing and innovation ecosystem by empowering product startups, MSMEs, and entrepreneurs, according to an official statement issued on Thursday.  The MoU was signed by DPIIT Director Sumeet Jarangal and Hafele India's Managing Director, South Asia, Frank Schloeder, in the presence of senio...
Governmentt ropes in Hafele India to boost local startups, MSMEs
Governmentt ropes in Hafele India to boost local startups, MSMEs
Source: IANS
2025-05-09 09:36:46 am
CreateBytes Captivates Dubai AI Festival 2025, Sets Sights on Rapid Middle East Expansion CreateBytes, a design-led AI technology studio headquartered in India, recently showcased its innovative solutions at the Dubai AI Festival 2025.The company presented two of its flagship innovations—YugYog.AI, an AI surveillance, event, and video logging and analytics platform, and Krigat, an adaptive physiotherapy platform developed in collaboration with Altrix Labs—to a global audience of tech stakeholders, startups, and industry leaders. Over the two-day festival, CreateByte...
CreateBytes Captivates Dubai AI Festival 2025, Sets Sights on Rapid Middle East Expansion
CreateBytes Captivates Dubai AI Festival 2025, Sets Sights on Rapid Middle East Expansion
Source: PR Agency
2025-05-08 04:55:59 pm
India is expected to double its market share from 6% to 12% in the UK`s RMG imports: CareEdge Ratings According to CareEdge Ratings, India is expected to double its market share from 6% in CY24 to 12% in the UK’s RMG imports, translating into an incremental annual export opportunity of around US$1.1-1.2 billion in the near to medium term. The UK is among the top five RMG markets, with imports of around US$20 billion in CY24 (compared to US$24 billion in CY22). Currently, India holds a 6% market share in the UK's RMG imports, while Bangladesh, Turkey, Cambodia, Vietnam, and Italy ...
India is expected to double its market share from 6% to 12% in the UK`s RMG imports: CareEdge Ratings
India is expected to double its market share from 6% to 12% in the UK`s RMG imports: CareEdge Ratings
Source: PR Agency
2025-05-08 04:15:02 pm
AI surge in India requires additional 45-50 million sq ft real estate. As demand for artificial intelligence (AI) infrastructure grows, the country could require an additional 45–50 million square feet of real estate space and 40-45 terawatt hours (TWH) incremental power by 2030 to meet the growing demand for AI, a report showed on Thursday.  India offers cost advantages, a renewable energy focus and a strategic location for the development of data centres, said a Deloitte report. The report further suggests that targeted policy interventions wi...
AI surge in India requires additional 45-50 million sq ft real estate.
AI surge in India requires additional 45-50 million sq ft real estate.
Source: IANS
2025-05-08 01:51:18 pm
Redesigning roles can help Indian employers close talent gaps in tech workforce Even as roles in the technology industry are being reshaped by automation and AI, employers in India should consider a strategy of ‘role redesign’ to solve talent needs and maintain competitiveness, according to a study on Thursday.  The research from Pearson, a global learning company, looked at how the tech workforce might evolve and be reshaped by emerging technology over the next five years in the country. For this, the study focused on five of the most common and h...
Redesigning roles can help Indian employers close talent gaps in tech workforce
Redesigning roles can help Indian employers close talent gaps in tech workforce
Source: IANS
2025-05-08 12:16:01 pm
Co-living inventory in India to reach 1 million beds by 2030: India’s co-living market is on an upward growth trajectory, projected to reach close to 1 million beds by 2030, a report showed on Thursday.  Currently estimated at around 0.3 million beds in the organised market, the demand has rebounded strongly in recent years and operators gearing up for expansion across tier 1 and select 2 cities, said the report by Colliers India. The report stated that the resurgence of the sector is being fuelled by rapid urbanisation and migration to...
Co-living inventory in India to reach 1 million beds by 2030:
Co-living inventory in India to reach 1 million beds by 2030:
Source: IANS
2025-05-08 11:06:09 am
ElonMusk’s affordable internet service Starlink inches closer to India launch Tech billionaire Elon Musk's affordable internet service Starlink has come closer to its India launch, after it received a Letter of Intent (LoI) from the Department of Telecom (DoT).  The initial approval was granted after Starlink agreed to comply with the new national security guidelines for satcom operators. The Department had announced 29 additional requirements, including mandatory interception and monitoring mechanisms, use of local data centres, location tracking for mo...
ElonMusk’s affordable internet service Starlink inches closer to India launch
ElonMusk’s affordable internet service Starlink inches closer to India launch
Source: IANS
2025-05-08 10:56:03 am
India-UK FTA bypasses China’s dependence, navigates US tariffs: SBI India and the United Kingdom have signed a landmark free trade agreement (FTA), momentous not only in quantitative magnitude -- encompassing reductions across 90 per cent of tariff lines -- but also in its emblematic stature as a recalibration of post-globalisation economic strategy, an SBI report said on Wednesday.  The FTA signal a new global trade strategy, bypassing China’s dependence, navigating US tariffs and reshaping post BREXIT Britain. The FTA takes place in the bac...
India-UK FTA bypasses China’s dependence, navigates US tariffs: SBI
India-UK FTA bypasses China’s dependence, navigates US tariffs: SBI
Source: IANS
2025-05-08 09:34:08 am
India’s 'SVAMITVA' scheme in focus at World Bank Land Conference in US India took centre-stage at the prestigious 'World Bank Land Conference 2025' in Washington, DC, reaffirming the country’s global leadership in inclusive land governance and grassroots empowerment.  Participating as a 'Country Champion' in the plenary session, Vivek Bharadwaj, Secretary, Ministry of Panchayati Raj, articulated India’s leadership in land rights, tenure reforms, and technology-driven spatial planning, the Ministry of Panchayati Raj said in a s...
India’s 'SVAMITVA' scheme in focus at World Bank Land Conference in US
India’s 'SVAMITVA' scheme in focus at World Bank Land Conference in US
Source: IANS
2025-05-08 09:23:21 am
C-DOT, CSIR-NPL sign MoU to boost joint research in classical and quantum communications In a major step toward strengthening India’s capabilities in advanced communication technologies, the Centre for Development of Telematics (C-DOT) and the CSIR-National Physical Laboratory (CSIR-NPL) on Wednesday signed a Memorandum of Understanding (MoU) to collaborate on research and innovation in classical and quantum communication.  C-DOT is India’s leading telecom R&D body under the Department of Telecommunications, known for its work in network protocols, IoT, M2...
C-DOT, CSIR-NPL sign MoU to boost joint research in classical and quantum communications
C-DOT, CSIR-NPL sign MoU to boost joint research in classical and quantum communications
Source: IANS
2025-05-08 09:06:13 am
“Modi Government empowered women like us, and today, we stand as ‘Drone Didis’”: Jaswinder Kaur (Drone Didi) at ABP Network`s India @2047 Summit At the Tech for All - The Digital Democracy session of ABP Network’s India @2047 Summit, women from marginalised backgrounds captivated the audience with their journeys from obscurity to national recognition as skilled technicians and entrepreneurs. Sharing her inspiring story in the session, Sunita Sharma, better known as 'Drone Didi', reflected, “I had never seen a drone before. I was very scared of drones in the beginning. When I first heard ...
“Modi Government empowered women like us, and today, we stand as ‘Drone Didis’”: Jaswinder Kaur (Drone Didi) at ABP Network`s India @2047 Summit
“Modi Government empowered women like us, and today, we stand as ‘Drone Didis’”: Jaswinder Kaur (Drone Didi) at ABP Network`s India @2047 Summit
Source: PR Agency
2025-05-07 05:54:35 pm
Nuvoco Duraguard Cement’s ‘Sabse Khaas Pehelwaan’ Concludes with a Power-Packed Grand Finale in New Delhi Nuvoco Vistas Corp Ltd., India’s fifth-largest cement group by capacity, concluded the grand finale of Nuvoco Duraguard Cement presents ‘Sabse Khaas Pehelwaan’ on May 2, 2025, at the Talkatora Indoor Stadium, New Delhi. This prestigious wrestling championship was designed to discover and celebrate emerging talent across Haryana. It reflects Nuvoco Duraguard Cement’s unwavering commitment to strength, resilience, and excellence—values that align seaml...
Nuvoco Duraguard Cement’s ‘Sabse Khaas Pehelwaan’ Concludes with a Power-Packed Grand Finale in New Delhi
Nuvoco Duraguard Cement’s ‘Sabse Khaas Pehelwaan’ Concludes with a Power-Packed Grand Finale in New Delhi
Source: PR Agency
2025-05-07 05:47:44 pm
At ABP Network’s India @2047 Summit, Gautam Hari Singhania, Chairman and Managing Director of Raymond Group, took center stage to speak on “The Fabric of India: Strength and Sustainability.” The discussion celebrated the depth of India’s textile heritage, the journey of homegrown brands like Raymond, and the pivotal role of the textile industry in shaping a Viksit Bharat by 2047. Touching upon global trade dynamics, Singhania noted,&n...
"Amid Tariff War, Walmart Faces Big Trouble due to its dependence on China,” Gautam Hari Singhania, MD, Raymond Group at ABP Network`s India @ 2047 Summit
Source: PR Agency
2025-05-07 05:41:41 pm
Deal volumes remain resilient in India in April, early-stage investments up The private equity (PE) landscape in April remained steady in terms of deal volume, clocking 139 transactions — a marginal 1 per cent rise — continuing its consistent monthly trend between 130 to 140 deals, a report showed on Wednesday.  While no billion-dollar deals were recorded this month — unlike the two in the previous month — investor appetite remained resilient, with six high-value transactions (ranging between $100 million and $999 million) totalling $2...
Deal volumes remain resilient in India in April, early-stage investments up
Deal volumes remain resilient in India in April, early-stage investments up
Source: IANS
2025-05-07 04:42:11 pm
India emerges as $24 billion opportunity in global climate adaptation and resilience market Amid a projected global surge in demand for climate adaptation and resilience solutions -- estimated to reach between $0.5 and $1.3 trillion by 2030 -- India has emerged as a standout market, offering a $24 billion investment opportunity, a new report said on Wednesday.  As climate risks continue to intensify worldwide, the new report by Boston Consulting Group (BCG) and Temasek highlighted the urgent need for large-scale solutions to build resilience across sectors. However, despi...
India emerges as $24 billion opportunity in global climate adaptation and resilience market
India emerges as $24 billion opportunity in global climate adaptation and resilience market
Source: IANS
2025-05-07 04:25:02 pm
Bain Capital-backed Novopor Acquires US-based Pressure Chemical Company Novopor Advanced Science Private Limited, a performance chemicals and material science CDMO, today announced its acquisition of Pressure Chemical Company (“Pressure Chemical” or “PCC”), an affiliate of the Minafin Group and a leading provider of high-pressure and specialty chemistry services. The financial terms of the transaction were not disclosed. The acquisition is a significant step in Novopor’s strategy to build an integrated specialty chemicals platform...
Bain Capital-backed Novopor Acquires US-based Pressure Chemical Company
Bain Capital-backed Novopor Acquires US-based Pressure Chemical Company
Source: PR Agency
2025-05-07 04:24:14 pm
Time for careful planning, not panic buying on defence stocks: Experts In the midst of rising market volatility sparked by geopolitical tensions, experts on Wednesday urged investors to remain calm and take a calculated approach, especially while buying defence stocks.  Indian defence stocks traded flat amid heightened tensions with Pakistan after India successfully carried out 'Operation Sindoor'. Analysts suggested investors to adopt a wait-and-watch approach due to geopolitical risks. "This is a time for careful planning rather than...
Time for careful planning, not panic buying on defence stocks: Experts
Time for careful planning, not panic buying on defence stocks: Experts
Source: IANS
2025-05-07 02:14:57 pm
Cabinet approves revised 'SHAKTI' policy for coal allocation to power sector The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved the grant of fresh coal linkages to thermal power plants of the Central Sector, State Sector and Independent Power Producers (IPPs) under the revised 'SHAKTI' policy.  The approval includes Coal linkage to Central Gencos and states at notified price in 'Window–I' and coal linkage to all Gencos at a Premium above notified price in 'Window–II&#...
Cabinet approves revised 'SHAKTI' policy for coal allocation to power sector
Cabinet approves revised 'SHAKTI' policy for coal allocation to power sector
Source: IANS
2025-05-07 02:03:58 pm
Seoul requests `special consideration` as US mulls tariffs on chip imports South Korea has asked the United States to make "special consideration" of its chip exports as the Donald Trump administration is moving to impose tariffs on imported semiconductors, Seoul's industry ministry said on Wednesday.  The South Korean government submitted a written opinion to the U.S. administration regarding Washington's national security investigation into semiconductor imports under the U.S. Trade Expansion Act, according to the Ministry of Trade, Indus...
Seoul requests `special consideration` as US mulls tariffs on chip imports
Seoul requests `special consideration` as US mulls tariffs on chip imports
Source: IANS
2025-05-07 12:10:02 pm
India at the forefront of global energy transition: Piyush Goyal India is at the forefront of global energy transition and solar power alone has grown over 30 times in the last decade, Union Minister of Commerce and Industry, Piyush Goyal, said on Tuesday, adding that the country achieved renewable energy targets of 2030 eight years ahead of schedule.  Addressing the ‘Columbia India Energy Dialogue’ here, the minister highlighted India’s leadership role in the global energy transition and reiterated the country's commitment to...
India at the forefront of global energy transition: Piyush Goyal
India at the forefront of global energy transition: Piyush Goyal
Source: IANS
2025-05-07 10:38:26 am
Priti Adani awarded 2nd doctorate for 'exceptional contributions to social service' Dr Priti G. Adani, Chairperson of the Adani Foundation, has been awarded a second doctorate for exceptional contributions to social service, the organisation said on Tuesday.  She was conferred the prestigious Doctor of Science (DSc) Honoris Causa by Datta Meghe Institute of Higher Education & Research (DMIHER) (Deemed to be University) in Maharashtra's Wardha, the Foundation said. "Heartiest congrats to our Chairperson Priti Adani on being awarded her second doctorate...
Priti Adani awarded 2nd doctorate for 'exceptional contributions to social service'
Priti Adani awarded 2nd doctorate for 'exceptional contributions to social service'
Source: IANS
2025-05-07 10:16:43 am
GAIL hikes startup investment fund to Rs 500 crore in FY25: HardeepPuri GAIL (India) Limited increased its startup investment fund from Rs 100 crore to Rs 500 crore in FY25, Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri, said on Tuesday, as the country becomes the third largest startup ecosystem in the world.  In a post on X social media platform, the minister said there has been a startup revolution in Prime Minister Narendra Modi’s government. “Country becomes the third largest startup ecosystem in the world. GAIL (India...
GAIL hikes startup investment fund to Rs 500 crore in FY25: HardeepPuri
GAIL hikes startup investment fund to Rs 500 crore in FY25: HardeepPuri
Source: IANS
2025-05-07 09:12:06 am
Global giants like Apple see economic sense in investing in India: Jyotiraditya Scindia Communications Minister Jyotiraditya Scindia on Tuesday said that global tech giants such as Apple see a lot of economic sense in setting up manufacturing facilities in India.  Addressing the Bharat Telecom event here, Scindia said investing in India at present is not just an act of goodwill alone, but it makes economic sense for every OEM (original equipment manufacturer). "Apple has decided to source and produce all its mobile phones in India in the years to come. Because wh...
Global giants like Apple see economic sense in investing in India: Jyotiraditya Scindia
Global giants like Apple see economic sense in investing in India: Jyotiraditya Scindia
Source: IANS
2025-05-06 04:48:31 pm
Madhya Pradesh approves Pachmarhi land exclusion from sanctuary for tourism development The state government has opened doors of development in the colonial town of Pachmarhi -- a hill station in Madhya Pradesh and a UNESCO site for rare plant species Biosphere Reserves. The cabinet of Dr Mohan Yadav has approved the exclusion of 395.95 hectares of land from its sanctuary designation, paving the way for urban expansion and economic activity.   In a landmark decision, “This vast expanse of land in Pachmarhi will now be reclassified under Nazul, allowing legal transa...
Madhya Pradesh approves Pachmarhi land exclusion from sanctuary for tourism development
Madhya Pradesh approves Pachmarhi land exclusion from sanctuary for tourism development
Source: IANS
2025-05-06 04:39:48 pm
Mufin Green Finance Limited`s Credit Rating Upgraded to `A- `by Credit Rating Agency Mufin Green Finance Limited (MGFL), a leading Non-Banking Financial Company (NBFC-ND) and a key player in India’s sustainable finance ecosystem, has obtained an upgrade in its ratings. Acuite Ratings and Research, a SEBI-approved rating entity has rated it as ‘A- ‘, a significant improvement over its earlier rating of ‘BBB+’. The upgrade reflects MGFL’s sustained growth, robust asset quality, and strong capitalization, positioning the company for enhan...
Mufin Green Finance Limited`s Credit Rating Upgraded to `A- `by Credit Rating Agency
Mufin Green Finance Limited`s Credit Rating Upgraded to `A- `by Credit Rating Agency
Source: PR Agency
2025-05-06 02:50:46 pm
PM Narendra Modi`s resolve transformed India into a global digital leader: Jyotiraditya Scindia Prime Minister Narendra Modi’s bold vision and unwavering resolve have transformed India from a digital follower into a global digital leader -- turning aspirations into infrastructure and policy into progress, Union Minister of Communications, Jyotiraditya Scindia, said here on Tuesday.  After inaugurating the ‘Bharat Telecom 2025’ in the national capital, attended by more than 130 foreign delegates from over 35 countries, the minister said 'Bharat Telecom' ...
PM Narendra Modi`s resolve transformed India into a global digital leader: Jyotiraditya Scindia
PM Narendra Modi`s resolve transformed India into a global digital leader: Jyotiraditya Scindia
Source: IANS
2025-05-06 02:41:30 pm
Adani Foundation at ACC Sindri enables clean drinking water access through solar power in 4 Dhanbad villages ACC, the cement and building material company of the diversified Adani Portfolio, along with the Adani Foundation is enhancing rural health and well-being by easing clean drinking water accessibility. Through solar-powered drinking water systems across four villages under Chhatatand Gram Panchayat in Dhanbad, the Company and Adani Foundation have enabled consistent access to safe drinking water for over 100 families. The initiative addresses water scarcity, promotes renewable energy use, and ...
Adani Foundation at ACC Sindri enables clean drinking water access through solar power in 4 Dhanbad villages
Adani Foundation at ACC Sindri enables clean drinking water access through solar power in 4 Dhanbad villages
Source: PR Agency
2025-05-06 02:28:51 pm