Industry - general
L&T Heavy Engineering wins 'significant' orders in domestic and overseas markets
23 Jan 2024
L&T Heavy Engineering has bagged a significant order from a key oil and gas customer in Saudi Arabia for a key debottlenecking project.
Starlink gets DoT licence for offering broadband services in India: report
23 Jan 2024
Starlink, a communication satellite company owned by Elon Musk’s SpaceX, is reported to have received the Global Mobile Personal Communication by Satellite (GMPCS) licence
Tata Motors to hike car prices by 0.7% from 1 February
22 Jan 2024
Tata Motors has announced plans to effect an increase in prices across its entire passenger vehicle range, including its electric vehicles, by an average 0.7 per cent, effective 1 February.
NTPC Green Energy signs MoUs with GSPC, GPPL for green hydrogen initiatives
13 Jan 2024
NTPC Green Energy Ltd (NGEL) has signed memoranda of understanding (MoUs) with Gujarat State Petroleum Corporation Ltd (GSPC) and Gujarat Pipavav Port Ltd (GPPL)
COSCO halts shipments to Israel amid Red Sea disruptions
08 Jan 2024
In a recent development, Chinese shipping giant COSCO has decided to suspend its crucial shipping services to Israel, according to a report by the Israel financial news website, Globes, on Sunday, 7 January 2024.
Freight rates soar as shipping companies skip Red Sea lanes
07 Jan 2024
Shipping rates between Asia and the West have soared on reduced freight capacity as shipping companies change route amidst rising attacks on merchant ships in the Red Sea region.
Isro successfully tests Si-Gr, hydrogen fuel cell batteries on-flight
07 Jan 2024
The Indian Space Research Organisation (Isro) on Monday (1 January 2024) simultaneously tested a high density graphite-silicon cell and a hydrogen fuel cell based power system on board PSL-C58 flight
Isro inserts Aditya-L1 into its halo orbit destination
07 Jan 2024
Indian Space Research Organisation (Isro) today announced the successful insertion of its dedicated solar observation spacecraft, Aditya-L1, into its final destination,
TPEM launches its first Pure EV product, Punch.ev
06 Jan 2024
Tata Passenger Electric Mobility (TPEM), the EV arm of Tata Motors, on Friday launched Punch.ev, its first offering under the advanced `Pure EV’ architecture – acti.ev (active)
Grasim to issue rights shares at Rs1,812 each to raise Rs4,000 cr
05 Jan 2024
Grasim Industries Limited, the flagship company of the Aditya Birla Group, has come out with a rights issue to raise about Rs4,000 crore.
Isro to launch ESA’s solar probe mission Proba-3
05 Jan 2024
European Space Agency (ESA) has selected Indian Space Research Organisation’s Polar Satellite Launch Vehicle (PSLV) to deploy its experimental Project for On-Board Autonomy-3 (PROBA-3) mission.
Isro to launch GSAT-20 satellite aboard SpaceX’s Falcon 9 rocket.
05 Jan 2024
NewSpace India Ltd (NSIL), the commercial arm of the Indian Space Research Organisation (Isro), has signed a contract with SpaceX, the space exploration venture of billionaire Elon Musk, for the launch of Isro’s communication satellite GSAT-20.
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Brazil's Petrobras brings a third floating platform into production
02 Jan 2024
Brazil’s state-owned oil and gas giant Petrobras on Sunday announced the start of commercial production from the giant Sepetiba floating production, storage, and offloading (FPSO) vessel at its Mero oil field in the pre-salt area of the Santos Basin offshore.
Japanese auto giants to invest $4.34 billion in Thailand's electric vehicle transition
26 Dec 2023
In a significant development for Thailand’s automotive landscape, major Japanese auto manufacturers are set to inject a substantial sum of 150 billion baht into the country over the next five years.
OMCs cut commercial LPG prices by Rs39.50 per cylinder
22 Dec 2023
State-run oil marketing companies (OMCs) on Friday announced a Rs39.50 reduction in the price of commercial cooking gas (LPG) that is sold in 19-kg cylinders, reflecting a fall in international prices.
ISRO: Triumphs and milestones of 2023
22 Dec 2023
In 2023, the Indian Space Research Organization (ISRO) will have achieved remarkable milestones, solidifying its position in the field of space exploration. Notably, the successful launch of Chandrayaan-3 marked a pivotal moment, showcasing India’s prowess in lunar missions.
India’s installed power capacity to reach 900.42 GW by FY32
16 Dec 2023
The Central Electricity Authority (CEA) has projected addition of a total 517,403 Mega Watts (517.40 GW) installed power generating capacity in India, which will take the country’s installed capacity to a total 900.42 GW by 2031-2032.
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ITC consumer goods revenues up 14% in FY23
14 Dec 2023
Home-grown consumer goods major ITC Ltd reported a 14 per cent increase in revenues from its packaged consumer goods business in the financial year 2022-23, with income from the cigarettes business also growing.
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Omidyar Network announces its exit from the Indian market after a decade of operations
12 Dec 2023
In a significant development, impact investment firm Omidyar Network India, operating with a unique dual-chequebook investment model, is set to exit the Indian market after a decade of operations.
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Apple looks to India, Japan and South Korea for iPhone, iPad components
08 Dec 2023
Apple is reportedly seeking suppliers from India, Japan, and South Korea who can deliver vital components to its contract manufacturers in India as imports from China face government restrictions in India.
Welcome, Google Gemini! A potent competitor to ChatGPT-4
07 Dec 2023
Google has introduced its cutting-edge AI model, Gemini, marking a formidable entry into the competitive landscape of artificial intelligence.
Nvidia collaborates with the U.S. government to ensure compliance in the Chinese market
06 Dec 2023
In a recent announcement, Nvidia’s CEO, Jensen Huang, revealed the company’s close collaboration with the U.S. government to ensure that its new chips for the Chinese market adhere to export restrictions.
eBay launches a 'seller guide' to boost Indian exporters in international e-commerce
06 Dec 2023
In a strategic move to enhance cross-border e-commerce opportunities for Indian sellers, eBay, the global commercial giant, has introduced its inaugural ‘Seller Guide.’
Walmart reduces import dependence on China and shifts focus to India
30 Nov 2023
Walmart, the world's largest retailer, has significantly increased its imports from India while decreasing its reliance on China.
The U.S. Appeals Court grants a favorable ruling to chemical manufacturers in the PFAS lawsuit
28 Nov 2023
The U.S. 6th Circuit Court of Appeals, based in Cincinnati, Ohio, delivered a favorable ruling on Monday, November 27, 2023, for 3M, E.I. du Pont de Nemours and Co.,
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Hariman Sharma lets apple travel to India’s warmer climes
10 Feb 2025
Apple, which was the preserve of the cooler Himalayan region in India, is now everywhere – in the East, the West and the South - thanks to one enterprising Himachal farmer, Hariman Sharma.
The cost of neglecting water transport
03 Feb 2025
Inland water transport is widely recognised as a cheaper and environment friendly mode of transport and, as per a report prepared by RITES
Crypto Currencies Trying To Undermine Global Financial System
27 Jan 2025
US President Donald Trump, it seems, is the latest to join the frenzy for personal or corporate currency, with $TRUMP, or what they call a meme coin, giving a further boost to his crypto image.
As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals
By Axel Miller | 16 Jan 2025
The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.
The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
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