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Omega Seiki Mobility plans to set up world’s largest electric three-wheeler plant in Karnataka

Mumbai, Apr 22 (PTI) Faridabad-based electric vehicle maker Omega Seiki Mobility on Friday announced its plans to set up the world's largest electric three-wheeler manufacturing plant in Karnataka at an investment of USD 250 million (about Rs 1,900 crore).To be built on 250 acres of land in three phases and with a capacity to produce [...]

71% of polluting cos optimistic of achieving green goals: Survey

Mumbai, Apr 22 (PTI) About seven in ten domestic companies, mostly the polluting ones spanning ten sectors, are confident of meeting their emission reduction goals, pushed by investors as also committed by the government at the last UN summit on climate change, according to a survey. At the United Nation's 26th Conference of Parties (COP26) [...]

TVS Motor Company Announces Investment of Pound 100 Million in Norton Motorcycle

Hosur, Tamil Nadu, India (NewsVoir) • The announcement on the side lines of Mr. Boris Johnson, Prime Minister of the United Kingdom, visit to India • The investment is an extension of the TVS Motors’ commitment to offering cutting edge technology, world-class vehicles, manufacturing, sustainability & future mobility TVS Motor Company, a reputed manufacturer of [...]

Need to address challenges relating to conflict for achieving shared prosperity: Sitharaman

Washington, Apr 22 (PTI) Finance Minister Nirmala Sitharaman on Thursday said it was necessary to address the challenges of conflict and violence to achieve the twin role of ending extreme poverty and boosting shared prosperity."Union Finance Minister Smt. @nsitharaman attended Ministerial Dinner for Development Committee members in Washington D.C., today," the Finance Ministry said in [...]

Merck Foundation Launches the First Episode of Our Africa by Merck Foundation TV Program Which Raises Diabetes Awareness in Africa

Mumbai, Maharashtra, India & Kampala, Uganda – Business Wire India Merck Foundation, the philanthropic arm of Merck KGaA Germany has launched the First Episode of their first-ever TV program – ‘Our Africa by Merck Foundation’ on Saturday, 16th April 2022 on KTN, Kenya and Sunday, 17th April on NTV, Uganda. The first episode which focused [...]
FM Sitharaman meets heads of FedEx, Mastercard, others during US visit

FM Sitharaman meets heads of FedEx, Mastercard, others during US visit

Finance Minister Nirmala Sitharaman on Thursday met CEOs of large American firms like FedEx and Mastercard and discussed various opportunities for investment in India as the country is poised to be the fastest-growing large economy in the world. The Finance Minister is in the US to attend IMF-WB Spring Meetings 2022. FedEx President and CEO-elect [...]

17-Year-Old Creates Platform to Support 100,000 Plus Women Affected by the Pandemic

Bangalore, Karnataka, India – Business Wire India The Covid-19 pandemic has devastated lives and livelihoods around the world. Women have especially borne the brunt of the disease’s impact. Statistics from global surveys and studies on the impact of Covid-19 demonstrated that traditional gender bias has worsened employment opportunities and economic conditions for women worldwide. According [...]

L&T Technology Services Reports 21% Growth in FY22

Mumbai, Maharashtra, India – Business Wire India • FY22 Revenue of Rs. 6,570 crore, up 21% YoY • FY22 Net profit of Rs. 957 crore, up 44% YoY L&T Technology Services Limited (BSE: 540115, NSE: LTTS), India’s leading pure-play engineering services company, announced its results for the fourth quarter ended March 31, 2021. Highlights for [...]

Beer and spirits have more detrimental effects on the waistline and on cardiovascular disease risk than red or white wine

Des Moines (US), Apr 22 (The Conversation) Drinking beer and spirits is linked to elevated levels of visceral fat – the harmful type of fat that is associated with an increased risk of cardiovascular disease, metabolic syndrome, and other health complications.However, drinking wine shows no such association with levels of this harmful fat and may [...]

Can you truly own anything in the metaverse? A law professor explains how blockchains and NFTs don’t protect virtual property

Indiana, Apr 22 (The Conversation) In 2021, an investment firm bought 2,000 acres of real estate for about USD 4 million.Normally this would not make headlines, but in this case the land was virtual. It existed only in a metaverse platform called The Sandbox.By buying 792 non-fungible tokens on the Ethereum blockchain, the firm then [...]
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