New Delhi, Apr 6 (PTI) In a first, billionaire Mukesh Ambani's Reliance Industries Ltd has set up electric vehicle (EV) charging infrastructure at its Mumbai campus to allow employees to charge their EVs free of cost. The company's HR on Wednesday sent mailers to employees informing about the Jio-bp pulse EV charging zone at its [...]
Bangalore, Apr 6 (PTI) Bangalore International Airport Ltd is working with cloud platform provider Amazon Web Services to set up a joint innovation centre (JIC) at the airport here to develop and adopt digital solutions in the aviation space.The Centre, which will be the first such facility established outside China by AWS and its first [...]
New Delhi, Apr 6 (PTI) The government has deferred the merger of state-run telecom firms BSNL and MTNL due to financial reasons, Parliament was informed on Wednesday. Minister of State for Communications Devusinh Chauhan in a written reply to the Rajya Sabha said that a proposal for the merger of Bharat Broadband Network Limited (BBNL) [...]
New Delhi, Apr 6 (PTI) JSW Steel on Wednesday said it has been declared as preferred bidder for Ajgaon iron ore block in Maharashtra. Ajgaon iron ore block in Sindhudurg district is at a distance of about 400 km from Dolvi where JSW Steel runs an integrated steel plant having capacity of 10 million tonne [...]
Chennai, Apr 6 (PTI) Food aggregator Swiggy on Wednesday said it is expanding fresh fruits and vegetables segment under Swiggy Instamart to serve customers in Coimbatore. Swiggy Instamart is looking to take onboard more local fruit and vegetable vendors under this initiative, a company statement said. The grocery service was launched in Coimbatore in August [...]
Bengaluru, Karnataka, India – Business Wire India Bengaluru-based MSME focused lender Vistaar Financial Services Private Limited (“Vistaar Finance”) has raised Rs.150 Crs from Bank of Baroda, a leading Public Sector Bank. At a time when MSMEs are recovering from the impact of COVID and coming back to normalcy in business, their need for capital, both [...]
The country's largest private sector lender HDFC Bank on Wednesday said it is planning to raise up to Rs 50,000 crore in the next one year by issuing bonds on a private placement basis. The decision was taken at the bank's board meeting. "The bank proposes to raise funds by issuing perpetual debt instruments (part [...]
New Delhi, Apr 6 (PTI) Agritech firm TraceX Technologies has raised USD 1 million (about Rs 7.5 crore) from investors including Nabard-backed NABVENTURES fund.The platform is in the business of enhancing supply chain traceability and transparency.In its pre-series A funding, Paipal Ventures, an early stage family office investment fund, and angel investor Sunil Kumar also [...]
New Delhi, Apr 6 (PTI) Triveni Engineering & Industries Ltd (TEIL) on Wednesday said it has started production at its new multi-feed distillery at Milak Narayanpur in Uttar Pradesh, increasing the plant's total output capacity to 480 kilo litre per day. TEIL, one of the largest integrated sugar producers in the country, also manufactures engineered-to-order [...]
New Delhi, Apr 6 (PTI) State-owned National Highways Authority of India on Wednesday said it has settled 60 cases for Rs 4,076 crore against the claimed amount of Rs 14,590 crore in fiscal 2021-22. The settlement amount was about 28 per cent of the total claimed amount, NHAI said in a statement.In FY21, the National Highways [...]
