New Delhi, Apr 14 (PTI) Tata Power on Thursday said a consortium led by US-based BlackRock Real Assets will invest Rs 4,000 crore in its subsidiary, Tata Power Renewable Energy Ltd, for over 10 per cent equity stake. Abu-Dhabi-based investment company Mubadala Investment Company (Mubadala) is also part of consortium GreenForest, Tata Power Company said [...]
Mahasamund, Apr 14 (PTI) Amid outcry over high fuel prices, Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Thursday said the Union government has been appealing to states to cut VAT on petrol and diesel for giving relief to consumers.Puri was on a day-long visit to Mahasamund, designated as `aspirational district' under a [...]
Paytm owner One97 Communications on Thursday said it has become an official digital payments partner for the prime ministers' museum in the national capital. Prime Minister Narendra Modi on Thursday inaugurated the 'Pradhanmantri Sangrahalaya' (prime ministers' museum), which is a tribute to every prime minister in the country since independence. At the inauguration, Modi was [...]
Mumbai, Apr 14 (PTI) Tata Sons chairman N Chandrasekaran on Thursday said Tata Neu, the conglomerate's ambitious digital bet, is based on an open architecture that will permit non-group companies' offerings as well. The 'super-app' currently hosting products and services of group companies in lifestyle, travel, hospitality, grocery, financial services has witnessed 2.1 million downloads [...]
Mumbai, Apr 14 (PTI) Union Minister for Chemicals and Fertilizers Mansukh Mandaviya on Thursday said that the government wants to reduce the compliance-burden on the pharma industry for ease of doing business. Speaking as the chief guest at an Indian Drug Manufacturers' Association (IDMA) event here, Mandivya, who is also the Minister for Health and [...]
Mumbai, Apr 14 (PTI) Adani Airport Holdings Ltd (AAHL), the operator of Ahmedabad international airport, on Thursday said that it has completed the recarpeting work on the 3.5-km runway in 75 days, much ahead of the scheduled time. This duration is an all-time best among brownfield runways in India, the airport operator said in a [...]
Mumbai, Apr 14 (PTI) Ahmedabad-based Vishal Fabrics, which is among the largest manufacturers of denim, is adding capacities and targeting to more than double its exports as part of its bid to cash in on the China-plus-one strategy that most global companies have adopted and become the third-largest player by FY25. Vishal Fabrics is the [...]
New Delhi, Apr 14 (PTI) IFCI Venture Capital Funds, a subsidiary of IFCI, on Thursday launched a competition for aspiring entrepreneurs from the Scheduled Castes to encourage innovative ideas among the youth in the community. The first edition of the Ambedkar Young Entrepreneurs League 2022 (AYE League), held on the birth anniversary of B R [...]
Kolkata, Apr 14 (PTI) After a lull in businesses for the last two years due to COVID-19, an annual stock clearance exercise by traders and jewellers before the Bengali new year brought cheer for them in West Bengal this year as people went on a post-pandemic shopping spree.The run-up to 'Poila Boisakh', the first day [...]
New Delhi, Apr 14 (PTI) The government on Thursday said it has approved 61 applications of companies, including Ginni Filaments, Kimberly Clark India Pvt ltd, and Arvind Ltd, with an investment potential of over Rs 19,000 crore under the production linked incentive (PLI) scheme for textiles. Textile Secretary U P Singh said that a total [...]
