Industry leaders and competitive dispatchable renewable power poise BrightNight for success INLET BEACH, Fla., Feb. 23, 2022 /PRNewswire/ -- Today, BrightNight announced its formal entry into the Australian energy market with the addition of industry leader Polly Baranco. BrightNight, a global Independent Power Producer (IPP), is well-established in the U.S. and has rapidly expanding teams [...]
New Delhi, Feb 22 (PTI) State-owned SJVN on Tuesday signed papers to get a Rs 6,333.40-crore loan from a consortium of banks from India and Nepal for funding of its Arun-3 power project in Nepal. "SJVN Arun-3 Power Development Company, a subsidiary of SJVN Ltd in Nepal, today (on Tuesday) signed term loan documents for [...]
New Delhi, Feb 22 (PTI) Azure Power on Tuesday said it has refinanced its 600 MW solar power project at the lowest rate of interest in its portfolio to date. Azure Power is an independent sustainable energy solutions provider and power producer in India. The company has successfully refinanced its existing project finance facility of [...]
New Delhi, Feb 22 (PTI) Wipro Ventures, the corporate investment arm of IT services major Wipro, has invested in US-based startup, vFunction, according to a statement. Alongside, Wipro Ltd has formed a joint go-to market partnership with vFunction, which has developed a scalable, AI (Artificial Intelligence) based technology platform for modernising Java applications and accelerating [...]
Two-wheeler major Hero MotoCorp on Tuesday said it has joined hands with Bharat Petroleum Corporation Ltd (BPCL) to set up charging infrastructure for two-wheeled electric vehicles (EVs) across the country. Last year, BPCL had announced that it is converting 7,000 conventional retail outlets into energy stations providing multiple fuelling options, which will include EV charging [...]
New Delhi, Feb 22 (PTI) Vistara plans to significantly ramp up its staff strength to a total of 5,000 by the end of this year as the full service carrier focuses on increasing capacity utilisation, expanding fleet and further improving overall services. Currently, the airline has around 4,000 people. After being significantly hit by the [...]
The Delhi High Court Tuesday sought response of the Centre, SEBI, and RBI on a plea seeking to restrain the promoter of Indiabulls Housing Finance Ltd from selling or transferring any further stake in the company. A bench of Chief Justice D N Patel and Justice Jyoti Singh issued notices to the Ministries of Finance, [...]
New Delhi, Feb 22 (PTI) Agro-chemicals firm Insecticides India Ltd (IIL) on Tuesday said its CSR arm IIL Foundation has signed a pact with Meerut-based Sardar Vallabhbhai Patel University of Agriculture and Technology (SVPUAT) for dissemination of the advance agri-extension activities to farmer for three years. The memorandum of understanding (MoU) was signed by SVPUAT [...]
New Delhi, Feb 22 (PTI) VilCart, the rural economy-focused technology start-up, on Tuesday said it has reached a milestone of reaching over 45,000 kirana stores in 4,770 villages in Karnataka. Further, the start-up aims to expand its operations to other parts of southern India in the coming months, the company said in a statement. "We [...]
Mumbai, Feb 22 (PTI) Facilio, a SaaS-based property app that claims to improve operational efficiency, has secured USD 35 million(around Rs 260 crore) in a funding round led by Dragoneer Investment Group. Brookfield Growth and existing investors Accel India and Tiger Global Management also participated in Series-B funding round. The startup said it will use [...]
