In a groundbreaking development, Union Minister for Power and New and Renewable Energy, RK Singh, has revealed plans to double India’s hydropower capacity. During his address at Moneycontrol’s Policy Next summit, Singh announced the ambitious goal of increasing the current Continue Reading
Business
Jayant Acharya, the Joint MD and CEO of JSW Steel, emphasized in an interview with CNBC-TV18 that the company is committed to playing a crucial role in meeting the rising demand for steel in India. The company aims to achieve a capacity of 50 million tonnes by 2030, with an immediate focus on launching a […]Continue Reading
Anish Shah, the Managing Director and CEO of Mahindra & Mahindra, has outlined an ambitious goal to reduce electric vehicle (EV) charging times to just 25 minutes. This initiative is part of the company’s broader strategy to increase EV adoption by making them more convenient and attractive to consumers. Shah highlighted the current average charging […]Continue Reading
Honeywell’s global Chief Executive Officer (CEO), Vimal Kapur, unveiled an ambitious growth plan centered around three major mega trends – aviation, automation, and energy transition. Speaking with CNBC-TV18 managing editor Shereen Bhan during the World Economic Forum in Davos, Kapur outlined Honeywell’s strategic focus on evolving and thriving in these key Continue Reading
On January 12, NLC India Ltd (NLCIL) announced that it has awarded Bharat Heavy Electricals Ltd (BHEL) the engineering, procurement, and construction (EPC) contract for a significant thermal power project in Odisha. This greenfield project, with a capacity of 2,400 MW, marks a significant advancement in power generation, utilizing ultra super-critical technology. The EPC Continue Reading
During Reliance Family Day, Chairman Mukesh Ambani highlighted the unprecedented opportunity for Reliance Industries Ltd (RIL) as India aims to become the world’s third-largest economy. Ambani expressed the company’s ambition to be among the top 10 global business conglomerates. Looking ahead to 2024, he outlined RIL’s roadmap, emphasizing a focus on Continue Reading
According to a recent Colliers India report, the Indian office leasing market witnessed an unprecedented surge in the fourth quarter of 2023, reaching a record-breaking 58.2 million square feet of gross absorption. Bengaluru led in office space absorption, while Chennai saw a remarkable two-fold growth in the same period. In an interview with CNBC-TV18, Arpit […]Continue Reading
Tata Motors has successfully secured a significant order from the Uttar Pradesh State Road Transport Corporation (UPSRTC) to provide 1,350 bus chassis. The competitive procurement process, conducted through e-bidding and government tendering, resulted in Tata Motors emerging as the chosen supplier. The company expressed its appreciation to the Uttar Pradesh State Continue Reading
Billionaire Gautam Adani, along with his family, is reportedly planning a substantial $1 billion investment in Adani Green Energy, as per sources from Bloomberg News. The proposed strategy involves the issuance of preferential shares to the founders of Adani Green, aimed at supporting the company’s expansion efforts and addressing refinancing needs. Adani Green Continue Reading
A parliamentary panel examining India’s defense budget has underscored concerns over its inadequacy for the country’s aspirations to attain global leadership. According to a report by ET, the committee proposes a doubling of the defense research budget in the forthcoming years. Specifically focusing on the Defense Research and Development Organisation (DRDO), Continue Reading