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Logically raises USD 24 mn; Vitruvian Partners leads funding round

New Delhi, Mar 16 (PTI) Logically, a technology company using advanced Artificial Intelligence to tackle misinformation, on Wednesday announced the completion of USD 24 million (about Rs 182 crore) funding round, led by Vitruvian Partners.The funding round also saw investments from Amazon Alexa Fund, and existing seed investors XTX Ventures and Northern Powerhouse Investment Fund [...]

4 firms become wholly-owned arms of JSW Neo Energy

New Delhi, Mar 16 (PTI) JSW Energy on Wednesday said JSW Renew Energy (Kar) Ltd, JSW Renewable Energy (Dolvi) Ltd, JSW Energy (Kutehr) Ltd and JSW Hydro Energy Ltd have become wholly-owned subsidiaries of JSW Neo Energy Ltd (JSWNEL). To streamline the renewable portfolio and set up a holding structure to unlock and enhance the [...]

Plant-based food industry players meet MoS Food Processing

New Delhi, Mar 16 (PTI) A delegation of Plant Based Foods Industry Association (PBFIA) met Prahlad Singh Patel, Minister of State for Food Processing Industries, here and sought the government's support to grow this sector. The delegation, led by the Association’s Executive Director, Sanjay Sethi, briefed the Union Minister on the state of the nascent [...]

Nissan Motor appoints Frank Torres as president of Indian operations

New Delhi, Mar 16 (PTI) Japanese auto major Nissan Motor Co on Wednesday said it has appointed its senior executive Frank Torres as the new president of Indian operations. Torres has also been appointed Region Divisional Vice President for Business Transformation in the AMIEO (Africa, Middle East, India, Europe and Oceania) region, the company said [...]

IFFCO Chairman Dileep Sanghani meets Prime Minister on Tuesday; highlights benefits of Nano Urea

New Delhi, Mar 16 (PTI) Fertiliser major IFFCO Chairman Dileep Sanghani met Prime Minister Narendra Modi on Tuesday to highlight the performance of the co-operative and its product Nano Urea. IFFCO Marketing Director Yogendra Kumar was also present in the meeting where he updated on ongoing nano-technology-based initiatives for Indian farmers, especially IFFCO Nano Urea [...]

Gadkari launches India’s 1st green hydrogen fuel-cell EV Toyota Mirai; 650 km range in one charge

New Delhi, Mar 16 (PTI) Union Minister Nitin Gadkari on Wednesday launched India's first green hydrogen-based advanced fuel cell electric vehicle (FCEV), Toyota Mirai, and said this is the first-of-its-kind project in India that aims to create an ecosystem for such vehicles in the country. Speaking at the event, Gadkari said FCEV, powered by hydrogen, [...]

SGX Nifty IFSC to run on TCS trading platform

Mumbai, Mar 16 (PTI) Tata Consultancy Services, which controls over 40 per cent of the capital markets infrastructure solutions, has won a contract from Singapore Stock Exchange to run trading and settlement platforms for the upcoming SGX Nifty Exchange at International Financial Services Centre in Gandhinagar.To be known as NSE IFSC-SGX Connect, the platform will [...]

India Cements launches new cement brand tagging star cricketer M S Dhoni’s traits

Chennai, Mar 16 (PTI) Noted cement manufacturer The India Cements Ltd on Wednesday strengthened its product portfolio here on Wednesday as it unveiled two new brands -- Conkrete Super King and Halo Super King. The company said the Conkrete Super King brand resonates with former Indian cricketer Mahendra Singh Dhoni's on-field demeanour while the latter [...]