Business

Reliance Industries, Tata Power, Adani Power, and Vedanta Ltd: Private Investment in India’s Nuclear Energy Sector

The Indian government is set to invite private investment worth $26 billion into its nuclear energy sector. This initiative aims to bolster non-carbon-emitting energy sources, aligning with India's goal of increasing non-fossil fuel-based electricity generation to 50% by 2030. Key...

LIC Launches A Non-Participating Product ‘Amritbaal’ For Children

The Life Insurance Corporation of India (LIC) has rolled out a new insurance product named ‘Amritbaal’. This announcement, made, introduces a Non-Linked, Non-Participating, Individual, Savings, Life Insurance Plan specifically tailored for the younger demographic. Here’s a detailed look at what...

SIDBI Releases Impact Study ‘Prabhaav’ on Fund of Funds for Startups

The Small Industries Development Bank of India (SIDBI) has released the impact assessment report of the Fund of Funds for Startups (FFS), a pivotal element of the Start Up India Action Plan initiated by Prime Minister Shri Narendra Modi in...

Shri Pashupati Kumar Paras Launches SUFALAM For Food Entrepreneurs

Union Minister of Food Processing Shri Pashupati Kumar Paras inaugurated SUFALAM: Start-Up Forum for Aspiring Leaders and Mentors Startup Conclave 2024, stressing the importance of such events in promoting networking, sharing knowledge, and aiding startups in accessing government schemes. Government's...

Tata Group and Uber Forge Strategic Alliance for Digital Business Growth

Tata Group and Uber are in talks to form a strategic partnership aimed at enhancing traffic volumes and engagement on Tata's digital platform, Tata Neu. Despite Tata Neu's positioning as a 'super app,' it has encountered challenges such as stagnant...

Reliance Industries Hits ₹20-Lakh Crore Market Cap Milestone

Reliance Industries Limited (RIL) achieved a significant milestone on Indian stock exchanges by surpassing a market capitalization of ₹20-lakh crore. This marks the first instance of any company achieving this valuation on the Indian bourses. The surge in market value...

RCF Plans To Launch Vande Metro Prototype By April

RCF's Project: Vande Metro Coach Prototype Set for April The Rail Coach Factory (RCF) aims to roll out the first prototype of the Vande Metro coach by April. A total of 16 such coaches are expected to be ready by...

Paytm Explores Third-Party Path for Easy UPI Access

Paytm's parent company, One97 Communications, is exploring transitioning its payments service into a third-party payment app (TPAP) to ensure uninterrupted access to the Unified Payments Interface (UPI) for its customers. Talks have begun with the National Payments Corporation of India...

Paytm E-commerce Rebrands as Pai Platforms, Acquires Bitsila

Paytm E-commerce has undergone a significant transformation, renaming itself as Pai Platforms. Alongside this rebranding, it has acquired Bitsila, a prominent seller platform operating within the Open Network for Digital Commerce (ONDC). Name Change Paytm E-commerce Private Limited officially becomes...

Launch of UPI and RuPay Card in Sri Lanka and Mauritius

India's flagship instant payment system, the Unified Payments Interface (UPI), along with RuPay card services, is set to be launched in Sri Lanka and Mauritius on February 12. Prime Minister Narendra Modi, Sri Lankan President Ranil Wickremesinghe, and Mauritius Prime...