Business

Power Finance Corporation Secures Record USD 1.265 Billion Loan

PFC (Power Finance Corporation), a Maharatna company and leading NBFC in the Indian power and infrastructure sector, announced the successful closing of issuance of the largest-ever foreign currency term loan from an Indian PSU amounting to USD 1.265 billion. This...

Adani and Google Partner to Boost Clean Energy in India

In a new partnership aimed at enhancing sustainability, the Adani Group will supply renewable energy from its upcoming solar-wind hybrid project in Khavda, Gujarat, to Google starting in 2025. The Khavda project, located in the world's largest renewable energy facility,...

Reliance Group Collaborates with Bhutan on Renewable Energy

Anil Ambani's Reliance Group is making significant strides into Bhutan’s renewable energy sector by planning the development of 1,270 megawatts of solar and hydroelectric power projects. In a strategic partnership with Druk Holding and Investments Ltd (DHI), the commercial arm...

NSE, BSE Revise Transaction Fees; New Charges Effective from October 1

BSE and NSE have announced revisions to their transaction fees, effective from October 1, 2024. The changes, which impact various segments, align with SEBI's July directive mandating a uniform fee structure across market infrastructure institutions (MIIs). This move eliminates the...

Amazon India Partners with Labour Ministry to Enhance Job Access via NCS Portal

Amazon India has signed a Memorandum of Understanding (MoU) with the Ministry of Labour and Employment to leverage the National Career Service (NCS) portal, aiming to connect job seekers with career opportunities that match their skills and qualifications. This partnership...

Labour Ministry Partners with Amazon to Ignite Job Opportunities for Youth

The Union Labour Ministry and Amazon have signed an MoU to leverage the National Career Service (NCS) portal for boosting job opportunities in India. The agreement, signed by Union Minister Mansukh Mandaviya and Minister of State Shobha Karandlaje, aims to...

Dassault Aviation Expands Footprint in India with New Military MRO Subsidiary

Dassault Aviation, the renowned French aircraft manufacturer famous for its Rafale fighter planes, has taken a significant step towards expanding its presence in the Indian market. On Wednesday, the company announced the establishment of a new subsidiary dedicated exclusively to...

Tata Steel Commissions India’s Largest Blast Furnace in Kalinganagar

Tata Steel has successfully commissioned India’s largest blast furnace at its Kalinganagar facility in Odisha, marking a significant milestone for the steel sector. With a total investment of Rs 27,000 crore, this Phase II expansion will increase the plant's capacity...

Sebi imposes Rs 1 crore fine on Jai Anmol Ambani in Reliance Home Finance case

The Securities and Exchange Board of India fined Jai Anmol Ambani ₹1 crore for irregularities in Reliance Home Finance, alleging he approved ₹40 crore in unsecured loans. Sebi asserted he misrepresented his involvement in the company’s operations. What are the...

JK Lakshmi Cement and Rohit Sharma Celebrate Five Years of Association

The partnership between JK Lakshmi Cement (JKLC) and Indian cricket team captain Rohit Sharma enters its fifth consecutive year. Known for his cricketing excellence and leadership, Sharma’s association has strengthened the brand’s image and helped JKLC connect with a wider...