Telecom Regulator: IoT Embedded SIM Recommendations
In a move set to reshape the Internet of Things (IoT) landscape in India, the Telecom Regulatory Authority of India (TRAI) has issued a series of recommendations focused on strengthening security and promoting the widespread adoption of 5G technology. The new guidelines propose a mandatory conversion of embedded SIMs (eSIMs) in imported IoT devices that […]
TCIL Plans 15% Stake Sale in Bharti Hexacom
Telecommunications Consultants India Limited (TCIL), a government-owned company, has tweaked its disinvestment plans in Bharti Hexacom, a subsidiary of telecom giant Bharti Airtel. Initially, TCIL aimed to offload a 20% stake, according to a Draft Red Herring Prospectus (DRHP) filed with SEBI in January 2024 . However, according to recent reports, the company will now […]
KEC International: Rs 1004 Cr Orders in Various Verticals
KEC International, a leading engineering, procurement and construction (EPC) company in India, has further consolidated its position in the infrastructure sector by securing new contracts worth Rs 1,004 crore across its various business verticals. This impressive achievement comes on the heels of the company’s announcement on March 22, 2024, revealing a robust year-to-date (YTD) order […]
Droom, Badshah Partner for Millennial, Gen Z Engagement
Droom, a leading online marketplace for buying and selling used cars in India, has announced a strategic partnership with popular rapper Badshah. This collaboration goes beyond a typical brand endorsement deal, with Badshah becoming an investor in Droom. The move signals Droom’s intent to solidify its position as the go-to platform for millennial and Gen […]
Gensol Engineering Wins Rs 520 Cr Solar Project in Maharashtra
Gensol Engineering, a prominent player in India’s solar power sector, has secured a groundbreaking contract – a turnkey EPC order valued at Rs 520 crore for a 100 MW (megawatt) solar photovoltaic (PV) power project in Maharashtra. This achievement marks a significant milestone for Gensol, representing their largest project to date. Project Details and Environmental […]
GRID INDIA Granted Miniratna Status
Grid Controller of India Limited (GRID-INDIA) has secured a landmark achievement by being conferred the prestigious Miniratna Category-I Central Public Sector Enterprise (CPSE) status. This recognition, bestowed by the Ministry of Power on March 21, 2024, underscores GRID-INDIA’s critical role in ensuring a stable and efficient national power grid. Miniratna Status a Hallmark of Excellence […]
Axis Mutual Fund, Enparadigm Launch AI Learning
Mumbai, India – March 22, 2024 – In a move poised to reshape employee development within the Indian financial services sector, Axis Mutual Fund, a leading asset management company with over ₹2.6 lakh crore in Assets Under Management (AUM), has joined forces with Enparadigm, a pioneer in AI-driven experiential learning solutions. This groundbreaking partnership signifies […]
Airtel Payments Bank Introduces Smart Watch Payment
Airtel Payments Bank is shaking up the traditional payment landscape with a feature-rich smartwatch designed for ultimate convenience. Partnering with Noise, a leading Indian smartwatch brand, and Mastercard, a payment technology giant, Airtel Payments Bank offers a sleek and secure way to make contactless payments using your wrist. Beyond Payments: A Feature Powerhouse The Airtel […]
DBS Bank India Launches $250M Support for Start-ups
DBS Bank India has made a resounding statement of confidence in India’s burgeoning startup scene. On March 21, 2024, the bank unveiled a substantial $250 million lending commitment specifically dedicated to fostering the growth of “new-age” startups and “new economy” companies. This strategic initiative underscores DBS Bank India’s unwavering commitment to nurturing a vibrant environment […]