Business

SBI Card Integrates With Bharat BillPay For Credit Cards

  The National Payments Corporation of India's (NPCI) wholly-owned subsidiary, NPCI Bharat BillPay (NBBL), has achieved a significant milestone by successfully integrating SBI Card into the credit card category of Bharat BillPay. This move is poised to revolutionize the credit...

SBI To Acquire 20% Stake In SBI Pension Fund

  The State Bank of India (SBI) has unveiled plans to enhance its position in the financial landscape by acquiring an additional 20% stake in SBI Pension Funds. This move is part of the bank's broader strategy to strengthen its...

Bharti Airtel Becomes the 8th Company to Surpass ₹6 Lakh Crore Mcap

Bharti Airtel, one of India’s leading telecommunications companies, achieved a significant milestone by becoming the 8th company to surpass Rs.6 lakh crore on December 4. This surge was attributed to the positive market sentiment following the Bharatiya Janata Party’s resounding...

Bajaj Group Becomes Fifth Conglomerate to Breach ₹10 Lakh Crore in Mcap

On December 4, 2023, the Bajaj Group achieved a significant milestone by surpassing Rs.10 lakh crore in market capitalization, making it the fifth business houses to attain this feat. This elite club already includes prominent names like Tata, Reliance Industries,...

LIC Introduces Framework for Shareholder’s Director: Enhancing Board Structure

Introduction to the New Framework Life Insurance Corporation of India (LIC), a leading insurance and investment corporation in India, has announced a significant update in its governance structure. As per the Life Insurance Corporation of India (Shareholders' Director) Regulations, 2023,...

Infosys Inks Pact With Shell For Sustainable Data Centres

Indian IT services giant Infosys has recently announced a strategic partnership with energy company Shell to drive the adoption of immersion cooling services in data centers. This collaboration aims to harness the strengths of both organizations in digital and energy...

Actis Unit BluPine Buys Acme Solar Assets for EV of ₹1,700 cr

London-based private equity firm Actis Llp has announced the successful acquisition of Kolkata-based Atha Group's 404MW solar power assets by its portfolio company, BluPine Energy. The deal, valued at around ₹2,100 crore, reinforces Actis' commitment to driving India's energy transition...

Adani Power to Co-fire Green Ammonia at Its Mundra Power Plant

In a significant step towards decarbonization, Adani Power Ltd (APL) has announced its pioneering green ammonia combustion pilot project at the Mundra power plant in Gujarat. This initiative aligns with APL's commitment to adopting sustainable practices and reducing its carbon...

Virgin Atlantic Flies World’s 1st 100% Sustainable Aviation Fuel Flight From London To US

In a groundbreaking move, a Virgin Atlantic passenger jet, fueled entirely by sustainable aviation fuel (SAF), completed a London-to-New York journey, showcasing the aviation industry's commitment to low-carbon options. Despite challenges, the flight signifies a crucial step towards reducing emissions...

India Inc Looking to Recruit Talent with ‘Green’ Skills

Indian companies are undergoing a transformative shift as they increasingly prioritize sustainability in their operations. According to a survey conducted by IBM and Morning Consult, a staggering 82% of Indian business leaders express a strong intent to hire professionals with...