Abu Dhabi: Indian Renewable Energy Development Agency Ltd. (IREDA) has inaugurated an office in GIFT City, Gandhinagar, specializing in the provision of Foreign Currency-denominated debt options which will significantly reduce the financing costs associated with Green Hydrogen and Renewable Energy Manufacturing projects, facilitating natural hedging, and thereby accelerating the country's journey towards a greener future. The strategic initiative was highlighted by Shri Pradip Kumar Das,

Soon to get launched as a standalone company listed on the New York Stock Exchange, GE Aerospace has announced an investment of over Rupees 240 crore (~USD 30 million) to expand and upgrade its manufacturing facility in Pune.  The investment will allow the facility to add new projects and manufacturing processes by acquiring machines/equipment and specialized tools along with capacity enhancement of existing products.

The Insurance Regulatory and Development Authority of India (IRDAI), has announced the compulsory digitisation of insurance policies starting April 1, 2024, making insurance policies available in electronic form.   Under this directive, all insurance policies across various categories, including life, health, and general insurance, will be issued electronically. Purportedly, the initiative provides a multitude of benefits for policyholders, ranging from enhanced convenience to highl

The  Order has been passed by the Additional Chief Judicial Magistrate under the Factories Act, 1948 which states that under  Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015  this is to inform, the Additional Chief Judicial Magistrate, Pune has passed an order levying a fine on the Occupier of the Company, under the extant provisions of the Factories Act, 1948.

AMSTERDAM | MUMBAI: Tata Consultancy Services (TCS) has been ranked the number one IT service provider for customer satisfaction across Europe in Whitelane Research’s independent survey of the top IT spending organisations. TCS received the highest ranking in this survey for the 11th consecutive time. TCS also ranks 1 in customer satisfaction in Financial Services  (84% vs industry average of 75%) and Manufacturing & Chemicals, Consumer Goods & Pharmaceuticals (81% vs industry

The Union Government has approved a scheme to promote India as a manufacturing destination so that e-vehicles (EVs) with the latest technology can be manufactured in the country. The policy is designed to attract investments in the e-vehicle space by reputed global EV manufacturers. This will provide Indian consumers with access to the latest technology, boost the Make in India initiative, and strengthen the EV ecosystem by promoting healthy competition among EV players leading to a high volu

The tunnel is expected to be the biggest underwater river tunnel in India, which is made for metro rail service. Kolkata's new underwater metro is 16.6 km long and about 10.8 km runs underground from Howrah Maidan to Phoolbagan, including the tunnel under the Hooghly River, making it the deepest in the country. Prime Minister Narendra Modi has inaugurated the country's first-ever underwater metro, the Howrah Maidan-Esplanade Metro section in Kolkata.  The route is stretched ov

Bengaluru: BEML Limited and Dredging Corporation of India Limited (DCIL) have joined forces through a Memorandum of Understanding (MoU) aimed at advancing the design, development, and manufacturing of spare parts for dredgers indigenously. This strategic collaboration marks a significant step towards bolstering India's maritime sector and aligns with the government's vision for port-led development under the Sagarmala initiative. The MoU - signed by Shri Shantanu Roy, CMD of BEML Ltd

The Monetary policy committee report released by Central Bank authority has maintained the status quo for interest rates. The repo rate points are stable for continuous two sessions.  The MPC meeting headed by the RBI governor has focused on India's potential growth and recommended keeping the repo rate unchanged at 6.5 percent. Some other key points are listed below.

New Delhi: NTPC Limited has been recognized as being amongst the “Top Leadership Factories of India” for creating leaders at scale. This is a recognition given by the Great Manager Institute for having the best leadership practices in India. The Top Leadership Factories of India is a compilation that acknowledges companies that have successfully established a culture centred around fostering exceptional leadership abilities on a large scale.