Prime Minister Narendra Modi inaugurated the construction of NLC India Ltd’s 300 MW solar power project in Barsingsar, Rajasthan, on February 16. This initiative, part of MNRE’s CPSU Scheme and awarded by IREDA in October 2021, aims to enhance India’s renewable energy capacity Continue Reading
Business
Ola Mobility, India’s leading ride-hailing platform, has expanded its services to Chennai International Airport, as part of a Memorandum of Understanding (MOU) with the Airports Authority of India (AAI). The newly established Ola Zone at Chennai International Airport will provide pickups for travellers and offer booking assistance, aiming to enhance service efficiency and Continue Reading
Uber Technologies announced on Wednesday its plan to repurchase up to $7 billion worth of company shares following a robust recovery in its ride-share segment and strong demand in its food delivery business. This move led to a more than 5% increase in Uber’s shares to $72.50 in pre-market trading. According to Uber CFO Prashanth […]Continue Reading
In a prestigious ceremony, VP Nandakumar, the MD & CEO of Manappuram Finance, was bestowed with the BFSIC EXO’s Financial Success Champion award for his exceptional entrepreneurial excellence in the finance business sector. The award is a testament to the innovative practices, significant contributions, and leadership qualities demonstrated in the financial Continue Reading
JSW Group’s Chairman, Sajjan Jindal, unveiled plans in Odisha to establish a significant electric vehicle (EV) manufacturing plant, capable of producing 1 lakh commercial electric vehicles and 3 lakh electric cars annually. This ambitious project encompasses the construction of a 50 GWh EV battery plant, a lithium refinery, a copper smelter, and related component Continue Reading
Walmart, a leading global retailer, is strategically positioning India as a crucial export center to leverage its economic potential. With $30 billion in cumulative exports over the past two decades and a target of $10 billion annually by 2027, Walmart aims to expedite this growth. Jason Fremstad, Walmart’s Senior Vice-President of Supplier Development & Continue Reading
Mankind Pharma, an Indian pharmaceutical company, is considering venturing into the export market for specialized products while maintaining its primary focus on the domestic market. The Vice Chairman, Rajeev Juneja, expressed uncertainty about the sustainability of the current pace of export growth. Despite recent robust export revenue, mainly fueled by one-off Continue Reading
Asian Paints, headquartered in Mumbai, aims to achieve a revenue milestone of ₹1 lakh crore over the next decade, as stated by its MD and CEO, Amit Syngle, in an exclusive interview with CNBC-TV18. Syngle outlined the company’s growth strategy, emphasizing its expansion into various segments related to home improvement such as lighting, UPVC doors […]Continue Reading
CoRover.ai has introduced BharatGPT, India’s first Large Language Model (LLM), with the goal of transforming AI interactions across 22 Indian languages. As a homegrown Generative AI platform, BharatGPT seamlessly integrates with both voice and text, offering a unique solution to language diversity challenges. The model includes voice integration in more than 12 Continue Reading
Article By V P Nandakumar MD & CEO, Manappuram Finance Ltd ‘All finance is climate finance’, is the resounding message coming from the recently-concluded C0P-28 conclave held in Dubai, UAE’ All finance is climate finance. For me, this is the most important takeaway from the 28th session of the UN Climate Change Conference — better […]Continue Reading