Airtel Payments Bank Unveils NCMC Debit, Prepaid Cards

Airtel Payments Bank is revolutionizing financial management with the introduction of innovative NCMC (National Common Mobility Cards)-enabled debit and prepaid cards. This initiative, launched in collaboration with the National Payments Corporation of India (NPCI), offers a comprehensive solution that merges traditional debit/prepaid functionalities with the advantages of NCMC technology. Unifying Transactions and Simplifying Travel Say […]

Ramkrishna Forgings Wins ₹270 Crore Vande Bharat Train Order

Ramkrishna Forgings Ltd. (RKFL), a leading manufacturer of rolled, forged, and machined products, has secured a game-changing ₹270 crore order for the prestigious Vande Bharat train project. This landmark deal not only propels RKFL to the forefront of India’s high-speed rail development but also significantly bolsters the government’s “Make in India” initiative. Gearing Up for […]

Vodafone Idea’s 5G Plan Post Rs 18,000 Crore FPO

Vodafone Idea (Vi) is aiming to join the Indian 5G party. The telecom operator has set an ambitious target of launching 5G services in select cities within 6-9 months of successfully completing its ongoing Rs 18,000 crore Further Public Offering (FPO). This move comes as rivals Bharti Airtel and Reliance Jio have already begun offering […]

GAIL to Double Capacity at Dabhol LNG Terminal

India’s natural gas sector is experiencing a boom, and GAIL (India) Limited, the country’s leading gas marketing and transportation company, is taking a leading role in ensuring sufficient infrastructure to handle the surge. To address this growing demand, GAIL has announced a substantial expansion project for its liquefied natural gas (LNG) terminal located at Dabhol […]

Jio, Blackrock Launch Wealth & Brokerage JV

Continuing their strategic partnership in the Indian financial sector, Jio Financial Services, a subsidiary of Reliance Industries, and BlackRock, the world’s largest asset manager, have announced a new joint venture (JV) to establish wealth management and broking businesses in India. This move signifies Jio’s ambition to transform itself into a comprehensive financial services powerhouse, while […]

Varun Beverages: Carbonated Drink Production in Gorakhpur

Gorakhpur, Uttar Pradesh – April 14, 2024 – Varun Beverages, the leading bottler of PepsiCo beverages outside the US, marks a significant stride forward with the inauguration of commercial production at its brand new ₹1,100 crore facility in Gorakhpur, Uttar Pradesh. This strategic move strengthens Varun’s foothold in North India, allowing them to cater to […]

Bournvita, Brands Lose ‘Health Drink’ Tag

In a recent move with implications for consumer trust, the Indian government directed e-commerce platforms to remove Bournvita and similar beverages from the “health drink” category. This decision stems from the ambiguity surrounding the term “health drink” within the country’s food regulations. The Food Safety and Standards Authority of India (FSSAI) doesn’t have a specific […]

HMPL Board Sanctions Rs 486 Crore Fundraise

Hazoor Multi Projects Ltd (HMPL), a prominent player in India’s infrastructure development arena, has sent ripples of excitement through the industry with a bold move – a Rs 486 crore fundraising plan. This strategic initiative, approved by the company’s board on April 13, 2024, underscores HMPL’s commitment to accelerating its growth trajectory in the dynamic […]

Adani Green: World’s Biggest Renewable Energy Park in Gujarat

Adani Green Energy Limited (AGEL), India’s renewable energy trailblazer, is rewriting the clean energy narrative with the construction of the world’s largest renewable energy park in Khavda, Kutch district of Gujarat. This colossal undertaking, spread across a staggering 538 square kilometers (roughly five times the size of Paris!), is envisioned as a clean energy powerhouse. […]

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. […]