To address the shortage of skilled manpower for financial services and technology companies in GIFT City as well as the country, the GIFT International Fintech Institute (IFI) aims to train not only university students but also professionals looking to upskill themselves. IFI, an initiative to foster fintech education in partnerships with Indian and international institutes
The government may set up a dedicated national green bank to bridge the finding gap in the renewable energy sector, and fast-track the green transition. The Niti Aayog is examining the possible structures for a National Green Financing Institution. The model of National Bank for Financing Infrastructure and Development or National Bank for Agriculture and
Group Rhine, a leading energy solutions provider, and Australian modular infrastructure pioneer XCircle have announced the launch of their 50:50 joint venture, Rhine XCircle. This strategic partnership merges Group Rhine’s expertise in power distribution and smart metering with XCircle’s advanced modular data center technology to create scalable, efficient, and sustainable solutions for the growing digital
Schneider Electric, a global leader in energy management and automation, is ramping up its operations in India with a Rs 3,200-crore investment. The company plans to set up new manufacturing plants in Kolkata and Hyderabad while expanding capacity at its existing facilities. ALSO READUK FTA must ease non-tariff barriers on Indian whiskey: Industry Speaking to
Adani Green Energy (AGEL) on Tuesday said it has received the letter of award (LOA) from Uttar Pradesh Power Corporation (UPPCL) for 1,250 MW energy storage capacity from pumped hydro storage projects (PSP). The project, Panaura PSP, has a minimum commitment for 40 years. It will be located in the Sonbhadra district, Uttar Pradesh and
Flipkart-backed fintech platform super.money on Tuesday acquired Bengaluru-based checkout financing platform BharatX in an all-cash deal. The financial details of the transaction have not been made public. With the acquisition of BharatX, super.money aims to address the growing demand for innovative credit on UPI solutions, the Flipkart-run company said in a statement. ALSO READUK FTA
With quick commerce gaining traction among consumers, companies are racing to offer faster delivery of their products. Electronics retail chain Croma on Tuesday introduced same-day delivery for air conditioners and coolers across 30+ cities, further intensifying competition in the consumer durables segment. ALSO READGodrej energy EPC arm eyes Rs 2,000 crore revenues in 3 years
Godrej Enterprises’ energy solutions arm is targeting revenues of Rs 2,000 crore in the next three years. “We are aiming for 20% CAGR growth over the next three to five years,” said Raghavendra Mirji, executive vice president and business head, Energy Solutions, Godrej Enterprises Group. The engineering, procurement, and construction (EPC) company expects to generate
Go to Live UpdatesSensex Nifty Today | Stock Market Live Updates: Early trends from Gift Nifty indicates a positive start for the markets today. Asian markets are also trading higher, with key indices in Japan and South Korea opening on a positive note. Meanwhile, Indian stock markets have reopened after a long weekend and the
After a long weekend on account of Holi, the Indian stock markets are set to resume trading today, March 17. But will the break bring fresh momentum, or will investors return to a cautious start? Early trends from Gift Nifty indicate a positive opening. From Wall Street’s performance to key economic announcements, several factors will
After an extended break due to the Holi holiday and the weekend, the stock market is set to resume trading with plenty of action on the horizon today, March 17. With three days of global market movements, company updates, and economic cues piling up, investors will have a lot to factor in as the trading
By Anand James One point at the start of last week was how strong an offensive could the bears launch. At that point, we were just coming off a sub 25 RSI level, which had historically favoured a bounce back. But such moves also held a strong chance of fizzling out quickly. This is why
Ride-hailing platform Rapido is in advanced talks with restaurants and industry associations across four major metro cities to challenge the dominance of Swiggy and Zomato, which together command an estimated 95% market share. The move comes at a time when restaurants have been voicing growing concerns over high commission rates and potential conflicts of interest following
