Mumbai, Feb 21 (PTI) Shadowfax Technologies, a crowdsourced platform for last-mile deliveries, on Monday said it aims to have 75 per cent of its fleet in electric vehicles by 2024 and full electrification by 2026 as part of its long-term growth goals. This adoption of EVs is part of a global effort to make logistics [...]
New Delhi, Feb 21 (PTI) Jindal Stainless on Monday said it has entered into a pact with the Haryana State Board of Technical Education (HSBTE), Panchkula, to promote technical education in stainless steel technology and its applications. For this, they have agreed to institutionalise stainless steel courses in all polytechnic colleges in Haryana. "With the [...]
New Delhi, Feb 21 (PTI) The Securities Appellate Tribunal (SAT) has quashed a Sebi order against HDFC Bank, whereby the regulator had imposed a penalty of Rs 1 crore on the lender in a case pertaining to invoking securities pledged by stockbroker BRH Wealth Kreators. In addition, the regulator had directed to transfer Rs 158.68 [...]
New Delhi, Feb 21 (PTI) Online travel marketplace Wego on Monday said it has signed a definitive agreement with homegrown e-commerce major Flipkart to acquire Cleartrip's Middle East business. The transaction also includes the sale of Flyin.com and a technology co-operation agreement between Wego and Flipkart. "The Boards of Directors of Wego and Flipkart have [...]
New Delhi, Feb 21 (PTI) Tata Power on Monday said it has collaborated with Germany-based RWE Renewable GmbH to explore potential for a joint development of offshore wind projects in India. A corresponding Memorandum of Understanding (MoU) has been signed between Tata Power Renewable Energy Limited, a 100 per cent subsidiary of Tata Power, which [...]
Aiming to build a sui generic media empire, Namit Jain has assiduously put his musings in the political landscape. He is quick to take decisions and is unruffled by temporary downfalls and believes in continuity. Cracking every nutshell with his wit and humour, Jain takes up the responsibility of shaping up the digital era of [...]
New Delhi, Feb 21 (PTI) AiDash on Monday announced the acquisition of geospatial and AI (Artificial Intelligence) powered farming solutions provider Neurafarms.ai. With the acquisition of Neurafarms.ai, AiDash strengthens its product line and adds valuable talent to its team, according to a statement. The company did not disclose the size of the acquisition. "With the [...]
New Delhi, Feb 21 (PTI) Drugs firm Strides Pharma Science on Monday said its subsidiary has received approval from the US health regulator to market Amantadine Hydrochloride Softgel Capsules, used to treat infection caused by various strains of influenza A virus, in the American market. The company's step-down wholly-owned subsidiary, Strides Pharma Global Pte Ltd [...]
India's largest mobile operator Reliance Jio Infocomm will land the multi-terabit India-Asia-Xpress (IAX) undersea cable system in Hulhumale, Maldives, according to a statement on Monday. The high capacity and high-speed IAX system will connect Hulhumale directly with world's major internet hubs in India and Singapore. Jio's IAX project will land in the Maldives in collaboration [...]
Bharti Airtel on Monday said it has joined the 'SEA-ME-WE-6' undersea cable consortium in a bid to scale up its high-speed global network capacity to serve India's fast-growing digital economy. Airtel said it is participating as a "major investor" in the SEA-ME-WE-6 and is anchoring 20 per cent of the overall investment in the cable [...]
