Tech Mahindra, IBM Team Up for Digital Progress
Tech Mahindra, a leading provider of digital transformation services with a revenue of $6.3 billion (FY2023), and tech giant IBM, boasting a global footprint and cloud revenue exceeding $20 billion (2023), have announced a groundbreaking collaboration valued at over $1 billion. This strategic alliance aims to propel digital adoption among enterprises in the dynamic Asia-Pacific […]
PolicyBazaar Expands: Launches PB Pay Private Ltd
PolicyBazaar, a dominant force in India’s online insurance and loan comparison market estimated at ₹18.5 lakh crore in 2023 , is making a bold move to expand its reach. The company recently announced the formation of PB Pay Private Limited, a wholly-owned subsidiary that marks its foray into the realm of payment aggregation services. This […]
Titan SBI Card: Fusion of Finance and Fashion
SBI Cards and Payment Services Ltd (SBI Card) continues its strong partnership with Titan Company Ltd by offering the feature-rich Titan SBI Card. This co-branded credit card, launched in 2018, specifically caters to watch enthusiasts and frequent shoppers at Titan brands. As of March 2024, the Titan SBI Card remains a popular choice due to […]
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 […]