Navrattan Group to Launch Green Cement in India
India’s construction sector is experiencing a period of phenomenal growth, with a market size estimated at $776 billion in 2022. This progress needs to be balanced with environmental responsibility. Construction firm Navrattan Group is taking a pioneering step in this direction by announcing plans to introduce green cement, a sustainable alternative to traditional Portland cement. […]
Kia Sonet: ‘My Convenience Plus’ Package, ₹0/km Ownership!
Kia India is revamping the ownership experience for the popular Sonet SUV with the launch of its innovative My Convenience Plus Package. This program tackles a major pain point for car owners – unpredictable maintenance costs – by offering a bundled service that can significantly reduce ownership expenses. Kia claims the program can bring costs […]
Defence Ministry: HAL Gets Rs 65,000 cr Tender for 97 LCA
The Indian Air Force (IAF) is set to receive a significant shot in the arm with the Ministry of Defence (MoD) finalizing a record-breaking deal worth Rs 65,000 crore. This monumental contract awards Hindustan Aeronautics Limited (HAL) the responsibility of manufacturing and supplying 97 LCA Mark 1A fighter jets. The deal marks a watershed moment […]
Air India, Concentrix: 5 Contact Centres Partnership
In a significant boost to its customer service infrastructure, Air India, now part of the Tata Group, has unveiled five new contact centers across the globe. This expansion marks a major stride in the airline’s ongoing transformation journey, placing customer experience at the forefront. Strategic Network for Global Customers The new contact centers are meticulously […]
TVS ILP’s ₹125 Cr Cuttack Warehouse Investment
TVS Industrial & Logistics Parks (TVS ILP) is making a strategic move eastward. The warehousing giant announced a noteworthy Rs 125 crore investment in a state-of-the-art warehousing facility in Cuttack, Odisha. This marks a significant milestone in TVS ILP’s growth trajectory and underscores the company’s bullish outlook on the eastern Indian market, a region experiencing […]
Amazon Pay to Introduce UPI Credit
The Indian digital payments industry is bracing for a shakeup as Amazon Pay, the financial services arm of e-commerce giant Amazon, gears up to offer credit on the Unified Payments Interface (UPI). This strategic move, reported in December 2023, signifies Amazon Pay’s intent to capitalize on the burgeoning UPI credit market and potentially revolutionize how […]
Vodafone Idea’s Rs 18,000-cr FPO: Offer Opens April 18
Vodafone Idea Limited (VIL), the telecom operator grappling with a mountain of debt, has rolled the dice on a bold strategy to raise capital and recapture its market position. The company announced a record-breaking follow-on public offering (FPO) of Rs 18,000 crore, the largest ever witnessed in the Indian stock market. This ambitious move marks […]
ZEE Arm Invests Rs 8.76 Crore in PR Firm Newsreach
Zee Entertainment Enterprises Limited (ZEE) recently made a strategic move by announcing an investment in Newsreach, a well-regarded media and public relations (PR) firm. The investment, valued at ₹8.76 crore, will be channeled through IDPL, a wholly-owned subsidiary of ZEE. This move underscores ZEE’s commitment to amplifying its brand presence and forging strategic partnerships within […]
RBI Rejects 2 Applicants for Small Finance Bank
The Reserve Bank of India (RBI) continues to demonstrate its selective approach in issuing small finance bank (SFB) licenses under the on-tap licensing policy. On April 12, 2024, the RBI announced the rejection of applications submitted by Dvara Kshetriya Gramin Financial Services Private Limited (Dvara KGFS) and Tally Solutions Private Limited for SFB licenses. This […]
Hind. Zinc, VEXL: Waste Project Pact
Hindustan Zinc Ltd (HZL), a leading zinc producer under the Vedanta Group, announced a significant development in its commitment to sustainable waste management. The company has signed a pact with Bhopal-based VEXL Environ Projects to establish a pilot project focused on converting waste products generated during zinc extraction into usable resources. This initiative aligns with […]