India’s Textile Triumph: Projecting a 75% Export Increase in MMF by 2030
The Indian textile industry is on the brink of a significant transformation, with the exports of manmade fiber (MMF) textiles projected to increase by 75% to $11.4 billion by 2030, up from around $6.5 billion in the fiscal year 2021-22.
Navigating Skies Digitally: IndiGo Unveils Multilingual AI Chatbot 6Eskai
IndiGo, one of India’s leading airline companies, has recently announced the launch of its innovative AI-powered chat assistant named “6Eskai.”
India Bolsters Naval Defense: ₹2956 Crore Deal for 16 Advanced SRGMs with BHEL
This contract, finalized on November 28, 2023, involves the procurement of 16 upgraded Super Rapid Gun Mounts (SRGMs), along with associated equipment and accessories. The total value of the contract is estimated at ₹2956.89 Crore (approximately 2,956 crores).
JSW Steel Settles RBI’s Rs 2.79 Lakh Penalty on JISPL
JSW Steel recently took responsibility for a penalty imposed on JSW Ispat Special Products Ltd (JISPL) by the Reserve Bank of India (RBI). The penalty, amounting to Rs 2.79 lakh, was paid by JSW Steel on November 28, 2023
Tata Power and SJVN Join Forces for 200 MW Renewable Energy Project
The company announced on Tuesday that it had secured a 200 MW firm and dispatchable renewable energy (FDRE) project from SJVN Ltd, marking a strategic collaboration in the industry.
India’s Jute Dilemma: Preserving Tradition, Embracing Innovation
This industry plays a crucial role in the national economy, employing approximately 3.7 lakh workers, and the average land area under raw Jute and Mesta cultivation is about 800,000 hectares.
TCS Unveils Ambitious Rs 17,000-Crore Share Buyback: A Windfall for Shareholders
Tata Consultancy Services (TCS), India’s largest IT services company, has announced that its Rs 17,000-crore share buyback will start on December 1, 2023, and close on December 7, 2023.
Arunachal Pradesh to See Major Boost with 13 Hydroelectric Projects Worth Rs 1.4 Lakh Crore
These projects are expected to generate a total capacity of 13,000 MW and bring in an investment of around Rs 1.4 lakh crore.
Tata Motors Spearheads Eco-Friendly Change with New Vehicle Scrapping Facility in Chandigarh
Tata Motors, a leading automobile manufacturer in India, has recently inaugurated its fourth Registered Vehicle Scrapping Facility (RVSF) in Chandigarh, Punjab. This facility, named ‘Re.Wi.Re – Recycle with Respect,’ represents a significant advancement in the company’s commitment to sustainable mobility.
Meta Collaborates with Indian Universities to Transform Consumer Grievance System Using AI
Meta, the social networking giant, has embarked on a pioneering research project in collaboration with the National Law School of India University (NLSIU), the Indian Institute of Technology Bombay (IIT Bombay), and the Department of Consumer Affairs in India