Macquarie Group Ltd and a Canadian Pension Plan Investment Board-backed investment trust are among the finalists to acquire road assets from India’s infrastructure fund, sources familiar with the matter revealed. The potential deal is estimated to range from $300 million to $500 million, Continue Reading
Have you ever wondered why some countries drive on the left side of the road while others drive on the right? It’s a seemingly simple difference that has significant implications for transportation and daily life. Surprisingly, almost 65% of the world’s population drives on the right side of the road. Let’s explore the historical, cultural, […]Continue Reading
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
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
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 hydropower capacity from 47,000 MW to a minimum of 90,000 MW. Emphasizing the stagnant Continue Reading
India is reportedly nearing the finalization of a deal with Tesla Inc., allowing the American automaker to import its electric vehicles into the country from next year and potentially establish a manufacturing plant within two years. Sources familiar with the Indian government’s plans revealed this information to Bloomberg. The official announcement is anticipated to Continue Reading
In an interview with Reuters, Filippo Gori, the CEO of JPMorgan’s Asia Pacific division, expressed his optimism about India’s potential to be one of the three fastest-growing markets in the Asia Pacific region in 2024. He pointed out that India, along with Australia and Japan, could lead in terms of economic expansion for JPMorgan. Gori […]Continue Reading
The world of transportation is on the brink of an unprecedented revolution, driven by technological advancements, changing consumer demands, and environmental concerns. From self-driving cars and hyperloop systems to electric vehicles and drones, the transportation industry is experiencing a transformative shift that promises to reshape how we move goods and people. In Continue Reading
In recent years, the world of sports has witnessed a remarkable transformation with the emergence of electronic sports, commonly known as e-sports. What was once considered a niche pastime has now evolved into a global phenomenon, captivating millions of fans and athletes alike. In this blog post, we will delve into the captivating world of […]Continue Reading
Climate change and rising sea levels pose significant threats to coastal cities worldwide. As global temperatures continue to rise, the melting of polar ice caps and the expansion of seawater contribute to the gradual sinking of several coastal cities. In this blog post, we will explore seven sinking cities from different parts of the world, […]Continue Reading