India: Page 3
Coal India and RRVUNL Partner to Boost Renewable Energy in Rajasthan
The governance structure of the joint venture will see CIL and RRVUNL nominating executives to the board, with CIL having the right to appoint four directors and RRVUNL appointing two.
Zoho-Backed Silectric to Invest INR 3,000 Crore in Silicon Carbide Manufacturing Unit in Odisha
The products manufactured by Silectric will primarily serve the power electronics sector, with applications in electric vehicles (EVs), automotive components and renewable energy.
India Will Lead The World In 6G: Minister of Communications
With over 30 crore mobile phones being produced annually, India has become the second-largest producer of mobile phones worldwide.
Coal Production in The Country Surged During FY 2024-25: Ministry of Coal
Coal India Limited's output rose to 311 MT in the fiscal year 2024-25, up from 302.53 MT in the same period the year before, registering a 2.80 per cent increase
Polymatech Electronics Invests $16.2 Million in Bahrain, Aims for Over $100 Million by 2027
The investment is part of a broader strategy, with the company planning to spend over $100 million in the Gulf nation by 2027
Helios Expands Premium Offerings with Introduction of U-BOAT Watches to India
With this launch, Helios expects to drive a 45 per cent increase in revenue, capitalizing on the growing demand for premium timepieces during India's festive season
Jindal Stainless Supplies High-Strength Stainless Steel For Vande Bharat
The 301LN austenitic stainless steel used in these coaches ensures superior performance, enhanced durability and lower life-cycle costs due to its resistance to corrosion
India and Singapore Inks MoU Across Sectors of Semiconductors, Digital Technology
The MoU focuses on collaboration in digital technologies, including cybersecurity, 5G, quantum computing, artificial intelligence (AI) and supercomputing.
Total Gross GST Revenue for August 2024 Reached INR 1.75 Lakh Crore: CBIC
The total gross GST revenue for August 2024 reached INR 1.75 lakh crore, a 10 per cent increase from INR 1.59 lakh crore in August 2023
Nokia To Setup Largest R&D Lab in Chennai With INR 450 Crore Investment
Nokia has announced the expansion of its Fixed Networks R&D facility in Chennai, Tamil Nadu with an investment of INR 450 crore
VC Funding Deals in India Surpass $6.3 Billion Despite Global Caution: GlobalData
GlobalData, a data analytics company recently released a report on VC Funding in Indian Startups reported a significant surge in funding during the January to July 2024 period, recording a total of 672 deals raising US$6.3 billion.
India's Fintech in Promising Place But Needs to Prepare For Decade Ahead: GFF & BCG Report
The report states that Generative AI and API-based open architecture are key drivers of future growth with applications ranging from customer service automation to fraud detection, fintech is exploring strategic international expansion.
Role of FinTech in Simplifying Business Compliance: Insights from SEBI Chairperson at Global FinTech Fest 2024
At the Global FinTech Fest 2024, Madhabi Puri Buch, the chairperson of the Securities and Exchange Board of India (SEBI), shared her vision on how FinTech can play a transformative role in simplifying business operations and regulatory compliance
Indian Family Offices Face Challenges Despite Promising Growth: Sundaram Report
Sundaram Alternates, a portfolio management services company released a report titled "From Legacy to Leadership," highlighting the significant evolution of family offices as they transition from wealth preservation to a growth-focused mindset.
The Evolution of FinTech in India
The FinTech industry is undergoing a significant transformation, driven by the rapid pace of technological evolution