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.
Zomato launches ‘Pure Veg Mode’ with vegetarian riders from eateries that don’t serve meat
New Delhi, March 19 - Zomato Co-founder and CEO Deepinder Goyal on Tuesday announced a ‘Pure Veg Mode’ along with a ‘Pure Veg Fleet’ on his platform for customers with 100 per cent vegetarian dietary preference.
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
Airtel Payments Bank joins Noise, Mastercard to launch smartwatch
New Delhi, March 19 - Airtel Payments Bank on Tuesday said that it collaborated with smartwatch brand Noise and global technology company in the payments space Mastercard to launch the new smartwatch to redefine and make contactless payments accessible to a larger consumer
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.
Indian SaaS startups poised to create 100 new AI unicorns: Report
Bengaluru, March 19 - Indian AI software-as-a-service (SaaS) startups are poised for the next wave of innovation, helping create 100 new AI unicorns, a new report showed on Tuesday.
Adani Electricity introduces EV ‘Share Charge’ for Mumbai housing societies
Mumbai, March 19 - The Adani Electricity Mumbai Ltd has launched the ‘Share Charge’ initiative, simplifying electric vehicle charging in residential complexes in the city, an official spokesperson said here on Tuesday.
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.
HCLTech, global chip IP provider CAST to offer customised semiconductors
New Delhi, March 19 - HCLTech and global semiconductor Intellectual Property (IP) provider CAST on Tuesday announced plans to offer customised chips to enable Original Equipment Manufacturers (OEMs) across industries to accelerate their digital transformation.
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
Witnessed 100 pc surge in online business for academic year 2024-25: Physics Wallah
New Delhi, March 19 - Edtech platform, Physics Wallah (PW) on Tuesday said it has seen over 100 per cent growth in its online business for the forthcoming academic year 2024-25.
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.
Cisco completes $28 billion acquisition of cybersecurity leader Splunk
San Francisco, March 18 - Networking major Cisco on Monday announced it has completed the acquisition of Splunk, the leader in cybersecurity and observability, for about $28 billion in the generative AI era.