GoodEnough to set up Rs 450 crore factory for energy storage systems in J&K
New Delhi, March 19 - GoodEnough Energy on Tuesday announced that it would make an investment of over Rs 450 crore for setting up a Battery Energy Storage System (BESS) gigafactory in Jammu & Kashmir.
NHAI raises record Rs 16,000 crore war chest via highway monetisation
New Delhi, March 19 - National Highways Authority of India (NHAI), has raised a record Rs 16,000 crore through its Infrastructure Investment Trust for the monetisation of various highway stretches of the aggregate length of 889 kilometers.
Strong demand, high corporate profits to propel India’s growth ahead: RBI
Mumbai, March 19 - The high visibility of structural demand and healthier corporate and bank balance sheets are likely to propel India’s growth going forward even as the global economy is losing steam, according to the RBI’s monthly bulletin released on Tuesday.
Air pollution biggest contributor to lung diseases, say experts at ASSOCHAM ‘Illness To Wellness’ Summit
New Delhi, March 19 - On the second day of the ‘Illness to Wellness’ Summit organised by the ASSOCHAM Foundation for CSR, under the aegis of Associated Chambers of Commerce and Industry of India (ASSOCHAM), eminent medical practitioners shared their views on how
Brand Storii to expand presence in Uttarakhand with a river-front property
New Delhi, March 19 - In keeping with its focus on the asset right growth strategy, ITC Hotels announced the signing of Storii Rishikesh, Uttarakhand.
Ashok Leyland ties up with Minus Zero for developing self-driving trucks
Chennai, March 19 - Commercial vehicle manufacturer Ashok Leyland on Tuesday announced a strategic partnership with tech startup Minus Zero to develop self-driving trucks.
Bribery ‘highly unlikely’ for Adani Group due to robust transparency in energy sector in India: JP Morgan
New Delhi, March 19 - Given the high level of transparency involved in various renewable energy tenders floated in India, the scope for corruption and bribery looks "highly unlikely" for the Adani Group, a JP Morgan report said on Tuesday, adding that the
BHEL wins order for setting up 1600 MW plant for NTPC
New Delhi, March 19 - Public sector engineering giant Bharat Heavy Electricals Ltd (BHEL) on Tuesday announced that it has won an order for setting up 1,600 MW Singrauli Supercritical Thermal Power Plant (STPP) Stage-III from NTPC through the global competitive bidding route.
Bank of Japan ends decades-long negative interest policy
New Delhi, March 19 - The Bank of Japan (BoJ) decided to end its negative short-term policy rate, which started in January 2016, and its yield curve control scheme, introduced in September in 2016. The policy rate hike is the first since July
Need to make Hydrogen cleaner and more economical: Govt scientific advisor
New Delhi, March 19 - The five-day Steering Committee Meeting of the 23-nation International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE) is being convened in the national capital during March 18 -22. The participants will hold discussions on new developments
Adani Vizhinjam Port wins ‘International Safety Award’ from British Safety Council
Thiruvananthapuram, March 19 - In recognition of its commitment to keeping workers and workplaces healthy and safe, Adani Vizhinjam Port Private Limited (AVPPL) has won the ‘International Safety Award’ for 2023 from the British Safety Council.
India’s outward FDI rises to $3.05 billion in Feb
Mumbai, March 18 - India's outward foreign direct investment (FDI) commitments rose by 7.8 per cent to $3.05 billion year-on-year in February 2024, compared to $2.83 billion in February 2023, according to the latest data released by the RBI on Monday.
Nifty recovers in second half to close with gains
Mumbai, March 18 - The Nifty recovered in the second half of the session to close with gains of 32.35 points, or 0.15 per cent, at 22,055.70 levels on Monday.
India can create more jobs in esports, game development: CII
Pune, March 18 - Even as India's gaming sector is poised for significant growth, more jobs can be created in the country in the esports and game development industry, according to experts at the Confederation of Indian Industry (CII).
Govt plans to roll out e-buses in all cities, some long routes: Gadkari
New Delhi, March 18 - Minister of Road Transport and Highways Nitin Gadkari on Monday said that the government has plans to introduce electric buses in all Indian cities as well as some long routes such as Delhi-Shimla, Delhi-Chandigarh and Pune-Mumbai over the
DRPPL launches survey of Dharavi to collect data from informal tenement residents
Mumbai, March 17 - Dharavi Redevelopment Project Pvt Ltd (DRPPL), a joint venture between the Maharashtra government and the Adani Group, on Monday launched a survey at the Kamala Raman slum to collect data from lakhs of informal tenement residents of Dharavi.
Centre to soon have dedicated policy to nurture deeptech startup ecosystem
New Delhi, March 18 - The Centre will soon have a new policy to nurture and empower the deeptech startup ecosystem in the country, Rajesh Kumar Singh, Secretary, Ministry of Commerce and Industry, said on Monday.
B2B retail platform Jumbotail raises Rs 151 crore to tap mass market consumers
Bengaluru, March 18 - B2B marketplace and new retail platform Jumbotail on Monday said it has raised Rs 151 crore equity capital led by Artal Asia.
Indian IT services industry to see modest 3-5 pc revenue growth in FY25: ICRA
New Delhi, March 18 - The revenue growth of the Indian IT services industry is expected to improve mildly from 2 per cent in the nine months of the current fiscal year but remain modest at 3-5 per cent in FY2025, a new