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DCM Shriram to invest Rs 1,000 cr on greenfield epoxy resin plant over next few yrs
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DCM Shriram to invest Rs 1,000 cr on greenfield epoxy resin plant over next few yrs

New Delhi, February 27, 2024.Diversified agri firm DCM Shriram on Tuesday announced an investment of Rs 1,000 crore over the next few years to set up a greenfield plant to manufacture epoxy resin.DCM Shriram is into chemicals, fertilisers, sugar and seeds businesses.In a regulatory filing, the company informed that its board has given in-principle approval for the entry of its chemical business into the domain of "Advanced Materials" by investing in epoxy and value added products.
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Ministry of Ayush signed MoU with RIS
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Ministry of Ayush signed MoU with RIS

New Delhi, February 27, 2024.The Ministry of Ayush and Research and Information System for Developing Countries, (RIS) New Delhi signed a Memorandum of Understanding (MoU) today at New Delhi. This MoU will bring forth the overview of Ayush Service sector and will serve the continuation of academic cooperation and collaboration with RIS (a Policy Research autonomous institute of Ministry of External Affairs). Secretary Vaidya Rajesh Kotecha signed the MoU on behalf of Ministry of Ayush, whereas Director General Prof Sachin Chturvedi was the signatory on behalf of RIS.This Knowledge Partnership, through this MoU, will not only serve to strengthen academic cooperation and collaboration to undertake research, policy dialogue, and publications for national, regional and international, a...
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MobiKwik introduces Pocket UPI to facilitate UPI payments without linking bank account
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MobiKwik introduces Pocket UPI to facilitate UPI payments without linking bank account

Gurugram,  February 2024.ONE MOBIKWIK SYSTEMS LIMITED (MobiKwik), a fintech company, introduced a new feature on its platform, ‘Pocket UPI’, that enables users to have an enhanced control over budgeting and finance management. Pocket UPI allows users to make UPI payments through MobiKwik Wallet without linking their bank account and therefore, giving more power in the hands of the users with an additional choice while they make UPI payments. Pocket UPI aids in decluttering bank statements by consolidating all UPI transactions, thereby offering a clearer insight into spending habits. Currently, with UPI directly linked to bank accounts, users often overlook minor and recurring expenses.Users can load their Wallet with the amount they need to spend and then top up again...
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Religare Finvest Limited (RFL) is External Debt Free; Clears All Legacy Issues and is Ready for Business
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Religare Finvest Limited (RFL) is External Debt Free; Clears All Legacy Issues and is Ready for Business

New Delhi, 26th February 2024.Religare Enterprises Limited (REL) today announced that its wholly-owned subsidiary, RFL, has successfully cleared all its debts with external lenders, effectively resolving all legacy issues. The debt resolution initiative has resulted in clearing the default status of RFL and has made it external debt-free. It is a significant milestone in its revival journey towards financial stability and operational efficiency. RFL is now ready for fresh lending business. RFL diligently repaid over Rs 9,000 crores to the country’s banking system through collections and with the support of REL.Through the One-Time-Settlement (OTS), RFL completed the debt repayment of Rs 2178 crore to 16 external lenders on 8th March 2023, ahead of schedule. This debt ...
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Stay Motivated to Be Your Best with All-New Samsung Galaxy Fit3
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Stay Motivated to Be Your Best with All-New Samsung Galaxy Fit3

GURUGRAM, February 24 2024.Samsung, India’s largest consumer electronics brand, today announced the launch of Galaxy Fit3, its newest fitness tracker that democratizes Samsung’s advanced health-monitoring technology, inspiring everyone to feel their best and adopt a healthier lifestyle. The Galaxy Fit3 is Samsung’s latest wearable device and boasts an aluminum body with a wider display, allowing users to keep track of their health and wellness data — from daily workouts to peaceful sleep — straight from their wrists, around the clock.“In this new era of wellness, users desire a more comprehensive understanding of their health and Samsung has committed to providing users with advanced health monitoring tools to help them along their wellness journey,” said Aditya Babbar, Senior Dire...
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Jakson Green Signs its First Power Purchase Agreement with RUVNL for 100MW Project in Rajasthan
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Jakson Green Signs its First Power Purchase Agreement with RUVNL for 100MW Project in Rajasthan

Noida, February 23, 2024.Jakson Green, a leading new energy transition platform, today announced the signing of its first Power Purchase Agreement (PPA) with Rajasthan UrjaVikas Nigam Limited (RUVNL) for a 100 MW solar photovoltaic (PV) plant in Rajasthan, for a term of 25 years. This landmark project marks a significant milestone for Jakson Green, solidifying its position as a key Independent Power Producer (IPP) in India's rapidly expanding renewable energy sector, while contributing to the Government of India's ambitious target of achieving 450 GW Solar PV installation by 2030.RUVNL invited proposals for setting up STU-connected Solar PV projects across Rajasthan in April 2023. Jakson Green emerged victorious through a competitive bidding process, securing the 100 MW project at ...
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BHARAT TEX 2024 to be India’s Largest Global Textiles Mega Event: Textile Secretary
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BHARAT TEX 2024 to be India’s Largest Global Textiles Mega Event: Textile Secretary

New Delhi, February 23, 2024.With over 22 lakh sq ft exhibition area spread across 2 venues at Bharat Mandapam and Yashobhoomi, participation of buyers from 100 countries and over 100 international speakers, Bharat Tex is set to be India’s largest Global Textile Event. This was stated by Ms Rachna Shah, Secretary, Ministry of Textiles in New Delhi today. The 4 day event beginning Monday, February 26 will be formally inaugurated by the Prime Minister, Shri Narendra Modi.Being organised by a consortium of 11 Textile Export Promotion Councils and supported by the Ministry of Textiles, Bharat Tex is built on the twin pillars of trade and investment and with an overarching focus on sustainability and resilient supply chains. The 4 day event promises to be a tapestry of tradition an...
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Developing Galaxy S24 the Most Rewarding Period of My Career: Samsung Chief
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Developing Galaxy S24 the Most Rewarding Period of My Career: Samsung Chief

 Jaipur, February 2024.Samsung has a leading role to play in the AI revolution since mobile devices have become the primary access point for AI, saidDr.TM Roh, President & Head of MX Business, Samsung Electronics.His comments come a month after Samsung unveiled its Galaxy S24 series globally, calling it its first AI smartphone."Developing the Galaxy S24 series has been the most rewarding period of my career. As an engineer, I have witnessed many examples of incredible innovations, but AI is the most transformative technology of the century. Few engineers get the chance to be involved in something with such seismic potential. It brings great change, not only for Samsung and the mobile industry but for all humankind,"Dr.Roh said.Samsung said it has received great feedbac...
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New One UI 6.1 Update Brings Galaxy AI to More Galaxy Devices
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New One UI 6.1 Update Brings Galaxy AI to More Galaxy Devices

Gurugram, February , 2024.Samsung Electronics today announced the availability of Galaxy AI features on more Galaxy devices through a new One UI 6.1 update engineered to further the democratization of mobile AI. The update will be available across the Galaxy S23 series, S23 FE, Z Fold5, Z Flip5 and Tab S9 series, starting to roll out from the end of March. Aligning with the recently launched Galaxy S24 series, this update elevates the standard of users’ mobile AI experience through a hybrid approach that combines on-device and cloud-based AI.“Our goal with Galaxy AI is not only to pioneer a new era of mobile AI but also to empower users by making AI more accessible,” said TM Roh, President and Head of Mobile eXperience Business at Samsung Electronics. “This is only the beginning of...
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JCB India inaugurates a new dealership branch in Bikaner
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JCB India inaugurates a new dealership branch in Bikaner

Bikaner, 22ndFebruary 2024.JCB India Limited today inaugurated its dealer, Mayank Equipment’snew facility in Bikaner. Offering JCB India’s full Product Portfolio, the newly inaugurated state-of-the-art facility is set to provide an unmatched customer experience in Bikaner and surrounding areas. The facility will have a trained and competent team for Sales, Service and Parts along with on-site support.Spread across 15,000 sq. ft, the facility features an integrated workshop with a three-bay workshop along with mobile service vans, a parts van, and a LiveLink command center to ensure the professional product support and an enhanced customer experience.Mr. Deepak Shetty, CEO and Managing Director of JCB India said, "We are delighted to be inaugurating Mayank Equipment's new facili...
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Government of Goa and PFC Forge Historic Partnership to Pioneer Subnational Blended Finance Facility for Climate Action
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Government of Goa and PFC Forge Historic Partnership to Pioneer Subnational Blended Finance Facility for Climate Action

New Delhi, February, 2024.Power Finance Corporation (PFC), a leading NBFC and the largest Renewable financier in India has signed a Memorandum of Understanding (MoU) in the presence of Hon’ble Chief Minister of Goa, Dr Pramod Sawant to support Goa's climate ambitions under the Blended Finance Facility being setup by Government of Goa in partnership with World Bank. This collaboration marks a historic milestone in green financing, as PFC through this initiative lends its financial expertise to drive climate initiatives and catalyze energy transition through emerging technologies. This initiative is an innovative partnership betweenGovernment of Goa and World Bank on the one hand and the leading financial institutions PFC, SIDBI and NABARD on the other to finance climate priorities.U...
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India’s Automotive Industry Shifts Gears with the Convergence of EVs and Connected Technologies
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India’s Automotive Industry Shifts Gears with the Convergence of EVs and Connected Technologies

New Delhi, February, 2024. The EV & Connected Mobility Innovation Forum, organized by Konnect Worldwide Business Media, highlighted the role of Connected Vehicles and EVs towards disrupting India’s Automotive Industry with Smart Mobility Solutions. The event saw participation from prominent industry leaders and stakeholders to discuss the future roadmap of the Automotive industry in India. The next phase of growth for mobility in India is fuelled by the connected vehicles, autonomous driving, electric and shared mobility among others was highlighted on the sidelines of the Forum.With India emerging as the fifth largest global car market, according to a recent report by PwC, India possesses the potential to ascend to a position among the top three in the coming years. Accor...
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Welcome to the Era of Mobile AI- Dr. TM Roh, President & Head of MX Business, Samsung Electronics
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Welcome to the Era of Mobile AI- Dr. TM Roh, President & Head of MX Business, Samsung Electronics

Gurugram, February, 2024.Developing the Galaxy S24 series has beenthe most rewardingperiod of my career. As an engineer, I have witnessed many examples ofincredible innovations, butAIisthe most transformative technology of the century.Few engineers getthe chance to be involved in something with such seismic potential. It brings great change, not only for Samsung and the mobile industry, but for all humankind.When integrated into phones, AI, isto put it simply, a revolution.This is a new era for mobile experiencesandSamsungGalaxy has a leading role to play in it.Mobile devices will become the primary access point for AI, and Samsung Galaxy – with our broad and comprehensive product portfolio, heritage of innovation, and philosophy of open collaboration –is in a great position to acc...
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Samsung Expands Galaxy Ecosystem Experience in India; Announces Pre-book for Galaxy Book4 Series
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Samsung Expands Galaxy Ecosystem Experience in India; Announces Pre-book for Galaxy Book4 Series

Gurugram, February, 2024.Samsung, India’s largest consumer electronics brand, today opened pre-booking for Galaxy Book4 series, the most intelligent PC lineup with Galaxy Book4 Pro 360, Galaxy Book4 Pro and Galaxy Book4 360.Galaxy Book4 series comes with a new intelligent processor, a more vivid and interactive display and a robust security system — beginning a new era of AI PCs that offer ultimate productivity, mobility and connectivity. These enhancements not only improve the device but also elevate the entire Samsung Galaxy ecosystem, advancing the PC category and accelerating Samsung’s vision of AI innovation — for today and tomorrow.Bringing next level connectivity, mobility and productivity, the Galaxy Book4 series redefines how users interact with their PCs, smartphones,...
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PNB signs MOU with Indian Renewable Energy Development Agency
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PNB signs MOU with Indian Renewable Energy Development Agency

New Delhi, February 20,2024.Punjab National Bank (PNB), nation’s leading public sector bank, and Indian Renewable Energy Development Agency (IREDA), country’s leading renewable energy agency, have signed a Memorandum of Understanding at IREDA Headquarter in New Delhi.Both the institutions will collaborate with each other in the field of lending in Renewable Energy sector. With this step, both the institutions will lend to those companies who are engaged in promoting Environment Social and Governance (ESG) in the country. Sustainability and Green Energy are the top priorities of the entire world at this juncture and both the institutions will work together in lending to such companies who are engaged in sustainability and green energy sectors.A brief ceremony was held for signin...
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Sterling Holiday Resorts Announces a Brand-New Upscale Resort in Sariska
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Sterling Holiday Resorts Announces a Brand-New Upscale Resort in Sariska

Jaipur, February 2024.Sterling Holiday Resorts launches Sterling Rewild Sariska, a noteworthy addition to its distinguished portfolio of Eleven Jungle and Wildlife destinations in the Country. The resort is nestled near the renowned Sariska Tiger Reserve in Rajasthan and promises a premium stay amidst picturesque natural surroundings. With breathtaking views of the surrounding mountains and dramatic sunsets, the property perfectly showcases the region’s spectacular natural beauty and is the perfect getaway for guests from NCER and Jaipur. This marks Sterling’s 5th operational resort in the State of Rajasthan, with the other resorts present in Mount Abu, Udaipur, and Pushkar.Sterling ReWild Sariska is a brand-new resort with a built-up area of 4.2 acres and is spread across 8.2 acre...
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BYJU’S rights issue gets USD 300 million commitment
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BYJU’S rights issue gets USD 300 million commitment

New Delhi, February 19, 2024.Edtech major Think and Learn, which operates under BYJU'S brand name, is learnt to have received a commitment of USD 300 million from investors for its ongoing rights issue which will close by the end of February, sources aware of the development said.BYJU'S floated a rights issue in January to raise USD 200 million through equity rights issue at an enterprise valuation in the range of USD 220-250 million which is a 99 per cent reduction in its peak valuation of USD 22 billion.
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Tata Motors launches its Ultra range of new-generation, smart trucks in South Africa
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Tata Motors launches its Ultra range of new-generation, smart trucks in South Africa

Johannesburg, 16th February, 2024.Tata Motors, India’s leading multinational automobile manufacturer, today along with its authorised distributor, Tata Africa Holdings Limited, announced the commercial launch of its successful range of multipurpose heavy-duty trucks – Ultra T.9 and Ultra T.14, in South Africa. Designed to fulfil the rising need for safer, smarter and greener cargo mobility, the Ultra is perfectly suited for a wide variety of conventional and specialist logistics applications including bakery, FMCG, white goods, agriculture and construction. The Ultra range is engineered to deliver high productivity with best-in-class power & torque and fuel efficiency with lower total cost of ownership (TCO).The robustly built Ultra features a walk-through cabin, power steering...
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Metalbook launches new verticals, improving technological infrastructure, and expanding global network of processing centers post its $ 15m Series A Fund Raise
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Metalbook launches new verticals, improving technological infrastructure, and expanding global network of processing centers post its $ 15m Series A Fund Raise

New Delhi, February, 2024.Metalbook, a digital platform for the global metals supply chain, announces launching of new business verticals, product categories and a user friendly, tech-first app post its Series A funding round of $15 million in June 2023. The round was led by Rigel Capital, with participation from FJ Labs, as well as existing investors, Axilor Ventures, Foundamental, Stride Ventures, Trifecta Capital, and others.Founded in 2021, Metalbook helps enterprise & SME customers through their entire metal manufacturing & procurement cycle, including buying, selling, excess inventory liquidation, customization, logistics, financing, e-auctioning, scrap recycling, credit & project management solutions.Metalbook, a rapidly expanding B2B platform in India, is an...
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S&P Global India launches the ‘India Research Chapter’ to provide Essential Intelligence on the Growing Indian Market
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S&P Global India launches the ‘India Research Chapter’ to provide Essential Intelligence on the Growing Indian Market

New Delhi, February, 2024.S&P Global (NYSE: SPGI) today announced the launch of the ‘India Research Chapter,’ an initiative to fuel India-oriented research and reports. This initiative brings together experts from across divisions and functions of S&P Global and CRISIL (An S&P Global company).As part of the S&P Global India Leadership Council, the newly unveiled India Research Chapter will be guided by a team of experts covering a wide array of themes including economics, technology, generative AI, banking, finance, automotive, country risk, capital markets, supply chain, energy transition, infrastructure, and sustainability, among others.The India Research Chapter will develop insights focusing on the opportunities, risks and potential for India to strengthen its c...
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Coca-Cola Reports Fourth Quarter and Full-Year 2023 Results
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Coca-Cola Reports Fourth Quarter and Full-Year 2023 Results

New Delhi, February 2024.Global Unit Case Volume Grew 2% for the Quarter and 2% for the Full YearNet Revenues Grew 7% for the Quarter and 6% for the Full Year; Organic Revenues (Non-GAAP) Grew 12% for the Quarter and 12% for the Full YearIndia Highlights from the global release:Consolidated:For the full year, unit case volume grew 2%. Developing and emerging markets grew 2%, driven by growth in India and Brazil, partially offset by the suspension of business in Russia in 2022.Unit case volume grew 2% for the quarter. Developing and emerging markets grew 4%, driven by growth in Brazil and India.Asia Pacific:Unit case volume grew 2% for the quarter in the Asia Pacific region, primarily driven by growth in juice, value-added dairy and plant-based beverages ...
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Lectrix EV launches India’s only 2WEV with 2.3KW Battery at Rs.79,999/-
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Lectrix EV launches India’s only 2WEV with 2.3KW Battery at Rs.79,999/-

New Delhi, February, 2024.Lectrix EV, one of the top 10 OEM's in the EV segment, launches LXS 2.0 with a range of 98kms@2.3KW battery and unparalleled quality with 1.25L km tested at the unbelievable price of Rs. 79,999 (lowest in the category).LXS 2.0 is the only EV in the 2W category that solves the 3 major problems for the consumers. It features the right range, the right quality and the right value for money.LXS 2.0 has opened bookings to magnanimous response with 10,000 units already being sold. The pre booking is open with deliveries beginning March 2024 onwards.K Vijaya Kumar, MD and CEO of SAR Electric Mobility, stated, "We understand the outlook of the value-conscious consumer in India. To further our contribution to the same and ensure a wider acceptance for EV2W,...
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Norden Communication partners C-DAC to make thermal cameras used by security agencies
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Norden Communication partners C-DAC to make thermal cameras used by security agencies

New Delhi, February 14, 2024.Norden Communication on Tuesday announced it has tied up with Centre for Development and Advanced Computing (C-DAC) to develop AI-based general purpose thermal cameras, which are for security purposes and other industrial applications.C-DAC is a R&D (research & development) organisation under the Ministry of Electronics and Information Technology (MeitY).UK based Norden Communication is a manufacturing company. Itsreliable and tested products cater to different environments, including Telecommunications, Surveillance Systems and Public Address Systems.Company product line includes Norden Cabling System, Norden surveillance System, Norden Public Address systems, Norden Access Control Systems and Norden UPS Systems.Norden Communication has...
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