New Delhi, Apr 29 (PTI) NTPC GE Power Services has inked an agreement with the Lake Region Economic Bloc to explore business opportunities in the renewable sector in Africa."NTPC GE Power Services Limited (NGSL), a 50:50 JV between NTPC and GE Power India Ltd, has signed a Memorandum of Engagement (MoE) with The Lake Region [...]
New Delhi, Apr 29 (PTI) Tata Motors on Friday unveiled its all new electric vehicle architecture on which it plans to introduce multiple advanced EVs starting from 2025. The home-grown auto major, which currently leads the domestic electric passenger vehicle segment by a distance, aims to drive in multiple body styles on the AVINYA Concept, [...]
Asserting that the government has put in place a supportive policy environment, Prime Minister Narendra Modi on Friday urged the industry to make India a semiconductor hub of the world based on the principles of high technology, high quality and high reliability. In his inaugural address at the Semicon India-2022 conference here, Modi said the [...]
Mumbai, Apr 29 (PTI) Rising cases are "early hints" of a fourth wave of the COVID-19 pandemic but do not pose any near-term risk to India's economic growth, a Japanese brokerage said on Friday. However from a medium-term perspective, there are headwinds for growth like high inflation, weak private capex and slower global growth, Nomura [...]
New Delhi, Apr 29 (PTI) Indian Sugar Mills Association (ISMA) on Friday said its Director General Abinash Verma has resigned from his post with effect from April 27. "Abinash Verma has resigned from the post of Director General of ISMA, w.e.f. 27th April 2022. The same has been accepted," the association said in a statement. [...]
Washington, Apr 29 (PTI) The US is engaging with India over the issue of Ukraine and this will continue at the Quad summit when President Joe Biden meets Prime Minister Narendra Modi in Japan next month, White House Press Secretary Jen Psaki has indicated. "We have had a number of engagements, as you know, with [...]
New Delhi, Apr 29 (PTI) State-run power giant NTPC on Friday said that almost all units of its Unchahar and Dadri power plants are running at 100 per cent capacity. The statement assumes importance amid the ongoing power crisis when thermal plant are dealing with coal shortages and state utilities are opting for load shedding [...]
Mumbai, Apr 29 (PTI) Bank credit is likely to grow at a four-year high of 11-12 per cent in fiscal 2023, on the back of better economic growth and budgetary support from the government, according to a report.In the fiscal ended March 2022, bank advances have likely grown at 9-10 per cent."Healthy economic growth and [...]
New Delhi, Apr 29 (PTI) IDBI Bank on Friday said its board has approved the appointment of two government nominee directors with effect from April 28. The government nominee directors are Manoj Sahay, Joint Secretary and Financial Advisor, and Sushil Kumar Singh, Director, Department of Financial Services, Ministry of Finance, according to a regulatory filing. [...]
New Delhi, Apr 29 (PTI) The lack of coordination amongst ministries of coal, railways and power is responsible for coal shortage which caused power outages across the country, the All India Power Engineers Federation (AIPEF) claimed on Friday. "The power outages across the country due to coal shortage are due to the lack of coordination [...]
New Delhi, Apr 29 (PTI) IndiaFirst Life Insurance Company Ltd (IndiaFirst Life) on Friday said it registered a 28 per cent jump in its gross premium income to Rs 5,187 crore in the fiscal year ended in March 2022. "Our gross premium has jumped 28 per cent from FY21 and crossed Rs 5,187 crore in [...]
• New digital capability center in Bengaluru • Deloitte India to provide end-to-end services to set up and scale this center BENGALURU, India, April 29, 2022 /PRNewswire/ -- AGCO Corporation, Your Agriculture Company, (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision Ag technology, is initiating a Digital Capability Center in Bengaluru, [...]
Mumbai, Maharashtra, India (NewsVoir) • Testament to our commitment towards environmental, social and governance factors (ESG) and investing responsibly • Joined the network of 4,000+ organisations worldwide, that have publicly demonstrated commitment to responsible investment HDFC Life recently signed up for the UN-supported Principles for Responsible Investment (PRI), epitomising its objective of sustainable growth and [...]
Chandigarh, India (NewsVoir) Chitkara University has been ranked 4th in India in the Times Higher Education (THE) World University Rankings-2022 and is among the top 5 in almost every individual United Nations’ Sustainable Development Goals (SDGs). The University has taken a quantum leap in Global rankings also and is now ranked between 201 to 300 [...]
New Delhi, Apr 29 (PTI) AI products company KnowDis and IIT Delhi's chemical engineering department have joined hands to develop artificial intelligence-based models that could help discover drugs for treating brain diseases, a statement said on Friday. The collaboration aims to develop an algorithm that will predict, with high-throughput, antibodies effective in treating neurodegenerative diseases [...]
The country's largest carmaker Maruti Suzuki India on Friday reported a 51.14 per cent jump in consolidated net profit to Rs 1,875.8 crore in the fourth quarter ended on March 31, 2022. The company had posted a consolidated net profit of Rs 1,241.1 crore in the same period of the previous fiscal, Maruti Suzuki India [...]
Aditya Birla group firm UltraTech Cement on Friday reported an increase of 47.32 per cent in its consolidated net profit at Rs 2,613.75 crore for the fourth quarter ended March 2022, led by improved demand situation and effective capacity utilisation. Its revenue from operations for the financial year ended on March 31, 2022, was at [...]
