SBI Collaborates with Rural Development Ministry for SHG Loans: A New Chapter in Rural Financing
State Bank of India (SBI), the largest public sector bank in India, has partnered with the Ministry of Rural Development (MoRD) to launch a new financial product called Svyam Siddha, exclusively for women entrepreneurs in rural self-help groups (SHGs). This initiative is expected to boost rural financing and empower women-led enterprises in the country. Svyam […]
MobiKwik and Adani One Join Forces to Provide Exclusive Travel Discounts
MobiKwik, a fintech company, has partnered with Adani One, an integrated travel platform, to offer exclusive discounts on flight bookings and duty-free products for their users. The partnership aims to leverage technology to make travel bookings and global brands more accessible and affordable across India. Flight Booking Offer Users who pay with MobiKwik Wallet on […]
TCPL’s Major Acquisition: Capital Foods and Organic India Jointly Valued at Rs 7,000 Cr”
Tata Consumer Products Ltd (TCPL), the Tata Group’s FMCG arm, has announced to acquire two companies – Capital Foods and Organic India – in separate deals that will expand its product portfolio and addressable market in fast-growing and high-margin categories. Capital Foods: A leading player in instant noodles and sauces Capital Foods is the owner […]
SBI’s New Green Rupee Term-Deposit Scheme: A Step Towards Climate-Friendly Projects
Introduction The State Bank of India (SBI), the country’s largest lender, has launched the SBI Green Rupee Term Deposit (SGRTD). This initiative aims to mobilize funds to support environmentally friendly initiatives and projects, fostering the growth of a green finance ecosystem in India. About the Scheme According to an SBI spokesperson, the interest rate on […]
Quess Corp Inks Pact with Gujarat Technical University for Skill Development and Employment Generation
Introduction Quess Corp, a prominent business solutions provider in India, has recently signed a Memorandum of Understanding (MoU) with Gujarat Technical University (GTU), marking a significant step towards skill development and employment generation in the state. This collaboration aims to bridge the skill gap and create a talent pool ready to meet the growing industrial […]
GHCL Textiles Commits Rs 535 Crore Investment in Tamil Nadu: A New Chapter in Textile Industry
Strategic Partnership GHCL Textiles Ltd, a leading manufacturer of various types of yarns, signed a memorandum of understanding with the Government of Tamil Nadu for an investment of Rs 535 crore. This strategic partnership was announced at the Global Investors Meet 2024. Investment Details The investment of Rs 535 crore will be made over the […]
Avalon Technologies and C-DAC Collaborate for Indigenous HPC Servers ‘RUDRA
Strategic Partnership On January 12, 2024, Avalon Technologies Limited, an Electronics Manufacturing Services (EMS) company, announced a strategic partnership with C-DAC (Centre for Development of Advanced Computing), a R&D organization of the Ministry of Electronics and Information Technology (MeitY). This collaboration is set to boost India’s competency in the design, development, and delivery of multidisciplinary […]
SEC Approves Bitcoin ETFs: Unveiling New Investment Avenues for Indian Investors
The US Securities and Exchange Commission (SEC) has approved the first batch of exchange-traded funds (ETFs) based on Bitcoin to be listed in the US. This move not only gives US investors easier access but also stronger and regulated crypto market. But what does it mean for Indian crypto investors? Here are some key points […]
Global Investment Meet 2024: Greenbase and Tamil Nadu Government Ink MoU
The MoU Signing Greenbase, a fully owned subsidiary of the Hiranandani Group led by Dr. Niranjan Hiranandani, has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu during the Tamil Nadu Global Investment Meet 2024. The MoU was signed by Mr. N Shridhar, CEO of Greenbase, and Mr. Vishnu V, IAS, MD […]
Empowering India’s Youth: Reliance Industries’ GET 2024 Online Engineering Recruitment Initiative
Reliance Industries Limited (RIL), India’s largest corporate, has launched the Graduate Engineer Trainee (GET) 2024 Programme, a new online recruitment drive for young engineering talent across India. This programme is designed to democratise opportunities by extending access to world-class training and employment to young engineers from all corners of the country, particularly those from smaller […]