NEWS

N-power key to India achieving net-zero emission level: IIM report

N-power key to India achieving net-zero emission level: IIM report

05 Apr 2024

Decarbonisation of India’s economy to net-zero level by the year 2070 would require substantial addition of nuclear power and renewable energy generation capacity.

British media group The Independent to acquire BuzzFeed’s UK operations

British media group The Independent to acquire BuzzFeed’s UK operations

03 Apr 2024

British newspaper group The Independent is acquiring US-based online media BuzzFeed's operations in the UK and Ireland in a multi-year licensing deal, the companies announced on Thursday.

Xiaomi starts delivery of its smart car SU7

Xiaomi starts delivery of its smart car SU7

03 Apr 2024

Chinese smartphone maker Xiaomi has started delivery of its end-to-end connected smart car, SU7, on Wednesday.

Aditya Birla Fashion to list Madura Fashion as separate entity

Aditya Birla Fashion to list Madura Fashion as separate entity

02 Apr 2024

Aditya Birla Fashion and Retail Ltd (ABFRL), the fashion retail business of the Aditya Birla Group, plans to demerge Madura Fashion & Lifestyle to form a separate listed entity.

Indian Oil, Panasonic team up for lithium-ion cell production in India

Indian Oil, Panasonic team up for lithium-ion cell production in India

02 Apr 2024

State-owned oil refining and marketing company Indian Oil Corporation Ltd (IOCL) will be setting up a joint venture with Panasonic Energy Co Ltd, a unit of Japan’s Panasonic Group, for manufacturing lithium-ion batteries and energy storage systems.

Govt e-marketplace GeM onboards over 2 m sellers, records Rs4-cr turnover

Govt e-marketplace GeM onboards over 2 m sellers, records Rs4-cr turnover

01 Apr 2024

Government e-marketplace (GeM) has onboarded 2.1 million sellers and doubled its turnover (gross merchandise value) as of end-March 2024, doubling the GVM year-on-year.

ABB to buy back shares worth up to $1 billion

ABB to buy back shares worth up to $1 billion

01 Apr 2024

Electrification and automation technology leader ABB will launch a new share buyback programme for up to $1 billion, under which the company will be buying back nearly 21.3 million shares at the current market price.

India’s core sector output expands by 6.7% in February

India’s core sector output expands by 6.7% in February

01 Apr 2024

Core sector industrial production in India expanded by 6.7 per cent in February 2024, on the back of increased production of coal, natural gas, cement, steel, crude oil, electricity and petroleum refinery products, provisional figures released on Thursday showed.

Tata EV arm, HPCL join to boost charging infrastructure

Tata EV arm, HPCL join to boost charging infrastructure

01 Apr 2024

Tata Passenger Electric Mobility Ltd (TPEM) has teamed up with state-owned fuel marketing company Hindustan Petroleum Corporation Limited (HPCL) to develop 5,000 electric vehicle charging stations across the country by the year-end.

Adani Ports acquires 95% stake in Gopalpur Ports for Rs1,349 crore

Adani Ports acquires 95% stake in Gopalpur Ports for Rs1,349 crore

27 Mar 2024

Adani Ports & Special Economic Zone Ltd (APSEZ) has acquired 95 per cent stake in Gopalpur Ports Ltd (GPL) in Odisha, at an enterprise value of Rs3,989 crore.

Dell cuts nearly 6,000 jobs globally

Dell cuts nearly 6,000 jobs globally

27 Mar 2024

Dell Inc, a global provider of desk-top computers, laptops and related products and services, on Monday announced that it has reduce4d its workforce by 6,000 globally, as part of a cost-cutting effort.

SWIFT to launch new platform for central bank digital currencies

SWIFT to launch new platform for central bank digital currencies

27 Mar 2024

Global bank networking system SWIFT will be building a new platform for digital currencies issued by central banks, over the next two years.