Avaada Energy, the renewable energy arm of Avaada Group, announce that it has secured Green Financing of about INR 1,190 crore (USD 143 million) from India’s largest public sector lender, the State Bank of India (SBI). This financing will support the development of a 400 MWp utility-scale solar PV power project in the Surendra Nagar…
Addverb, a prominent global leader in robotics and automation, has unveiled its inaugural Sustainability Report titled ‘Technological Ecology’, showcasing its steadfast commitment to sustainability and responsible business practices. The report, produced in alignment with GRI Universal Standards and encompassing Environment, Social, and Governance (ESG) factors, underscores Addverb’s dedication to reducing ecological impact while contributing to…
Cloud4C, the world’s leading application-focused cloud MSP, is excited to announce Chanakya Levaka, a key leader behind the firm’s global growth, as its Chief Operating Officer. This proclamation recognizes Cloud4C’s strong leadership prowess in architecting its global vision; driving impactful business value with transformative technology and customer-first ideals. Overseeing end-to-end operations from customer engagement, enterprise…
L&T Technology Services, a prominent player in Engineering and R&D services, and FORVIA, the 7th largest global automotive supplier, have inked a strategic partnership worth approximately EUR 45 million. The collaboration focuses on Engineering development activities within FORVIA’s Clean Mobility division, aimed at addressing the evolving automotive landscape towards ultra-low emissions. Under the five-year agreement,…
India’s coal production and dispatches saw a rise in April 2024 compared to the same period last year. Here’s a breakdown of the key figures: Overall Coal Production: 78.69 Million Tonnes (MT) (Provisional), a 7.41% increase from April 2023 (73.26 MT). Coal India Limited (CIL) Production: 61.78 MT (Provisional), a 7.31% increase from April 2023…
The Indian electric vehicle (EV) market is experiencing a surge, driven by rising fuel costs, environmental concerns, and government incentives. If you’re looking for an eco-friendly and budget-friendly way to get around, an EV under 5 lakh might be the perfect option! Here’s a breakdown of some of the most promising contenders in this price…
Indus Towers announced on Wednesday its anticipation of enhanced cash flow in the current financial year, buoyed by the success of its Rs 18,000-crore follow-on public offer (FPO). The company expressed confidence in recovering past dues from Vodafone Idea, potentially bolstering its financial position. Engaging actively with Vodafone Idea, Indus Towers seeks to negotiate a…
Nand Ghar, which aims to transform 14 lakh angawadis across India, unveiled a national movement – Agar Bachpan Se Poocha Khaana Khaya, Toh Desh Ka Kal Banaya (अगर बचपन से पूछा खाना खाया तो देश का कल बनाया) with Actor Manoj Bajpayee. This movement by Nand Ghar is aimed at nourishing India’s future generation by ensuring holistic healthcare, quality nutrition and ensuring best-in-class preschool education for children. Welcoming Manoj…
Lubi Pumps, a leading manufacturer of water pumps and motors with an extensive network of 20+ branch offices nationwide and a global presence in over 80 countries, proudly announces its official partnership with Gujarat Titans for the Indian T20 League 2024 season. In celebration of this collaboration, the brand has launched an exciting ad campaign…
Sona Comstar, a leading auto component manufacturer, has taken a strategic step forward by forming a mergers and acquisition (M&A) committee to oversee crucial decisions in its corporate structure. The newly established M&A committee will play a pivotal role in approving mergers, demergers, or arrangements, as well as evaluating opportunities for entry into new verticals….
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