February 26, 2024
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India Increases Authorised Capital of FCI From ₹10,000 Crore to ₹21,000 Crore

The government has raised the authorized capital of the Food Corporation of India (FCI) from ₹10,000 crore to ₹21,000 crore to bolster its operational abilities and meet its objectives more effectively, as stated by the Food Ministry. FCI, serving as the primary agency for food grain procurement at minimum support prices (MSP) to safeguard farmers’ […]Continue Reading
Business Featured Latest News

PM Modi Lays Foundation Stone for 300 MW Solar Plant in Rajasthan

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 and promote sustainable growth. The project is expected to cost around ₹1,756 Continue Reading
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Ola Mobility Expands to Chennai Airport, Marking Presence at 22 Airports Nationwide

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
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VP Nandakumar Honored with Financial Success Champion Award

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
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JSW Group aims to manufacture 3 lakh electric cars in Odisha per year

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
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Walmart Sets Sights on India as a Key Export Hub With $10 Billion Annual Target by 2027

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