NEWS

Occidental Petroleum to acquire CrownRock LP in $12 bn deal

Occidental Petroleum to acquire CrownRock LP in $12 bn deal

12 Dec 2023

US oil company Occidental Petroleum on Monday said it has entered into an agreement to acquire Midland-based oil and gas producer CrownRock L P, for cash and stock in a transaction valued

Nvidia expands AI development partnership with Vietnam's tech leaders

Nvidia expands AI development partnership with Vietnam's tech leaders

11 Dec 2023

In a significant development, US chipmaker Nvidia’s CEO, Jensen Huang, declared on Monday the company’s commitment to enhancing its collaboration with Vietnam’s top tech firms.

Stephanie Pope is set to assume the role of Chief Operating Officer at Boeing

Stephanie Pope is set to assume the role of Chief Operating Officer at Boeing

11 Dec 2023

Boeing is all set to appoint Stephanie Pope, a seasoned company veteran and current head of Boeing Global Services, as its Chief Operating Officer (COO).

Bank employees clinch 17% annual pay hike; push for 5-day week

Bank employees clinch 17% annual pay hike; push for 5-day week

10 Dec 2023

A consortium of bank employee unions and the Indian Banks Association (IBA) have reached a consensus on wage revision that provides for an annual increase of 17 per cent in salaries

Govt notifies `HaritSagar’ guidelines to improve ecosystem at major ports

Govt notifies `HaritSagar’ guidelines to improve ecosystem at major ports

10 Dec 2023

The ministry of ports, shipping and waterways has notified `HaritSagar’ green port guidelines to reduce carbon intensity and to develop an environment-friendly ecosystem

Free e-commerce network ONDC onboards 2.3 lakh sellers

Free e-commerce network ONDC onboards 2.3 lakh sellers

10 Dec 2023

The government-supported Open Network for Digital Commerce (ONDC) claims to have more than 2.3 lakh sellers, including over 3,000 farmer producer organisations (FPOs)

Plea for action as COP 28 talks hit the oil hurdle

Plea for action as COP 28 talks hit the oil hurdle

10 Dec 2023

OPEC’s biggest producer Saudi Arabia and the biggest non-Opec producer Russia and other oil exporters want climate talks to focus on emissions and not on what causes them

India joins global alliance of river cities

India joins global alliance of river cities

09 Dec 2023

India has cemented its position in the Global River Cities Alliance with the National Mission for Clean Ganga (NMCG) signing a memorandum of common purpose (MoCP

BEL’s outstanding orders swell to Rs68,000 crore

BEL’s outstanding orders swell to Rs68,000 crore

09 Dec 2023

State-owned aerospace and defence company Bharat Electronics Ltd (BEL) has secured fresh orders worth Rs3,915 crore from the Indian Army.

Non-fossil fuel sources account for nearly 44% of India’s installed electricity generation capacity

Non-fossil fuel sources account for nearly 44% of India’s installed electricity generation capacity

09 Dec 2023

The total installed capacity for generation of electricity using non-fossil fuel energy resources in India stood at 186.46 Giga Watts as of 31 October 2023

Govt fast-tracks Micron’s semiconductor project at Sanand in Gujarat

Govt fast-tracks Micron’s semiconductor project at Sanand in Gujarat

09 Dec 2023

Government has fast-tracked Micron’s semiconductor unit being set up in in Sanand, in Gujarat with capital investment of Rs22,516 crore ($2.75 billion).

Govt to auction 30 critical minerals for strategic mining

Govt to auction 30 critical minerals for strategic mining

09 Dec 2023

The central government on Wednesday initiated the process of auction of critical minerals, perhaps for the first time in the country, and has identified 30 minerals for strategic mining.

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