 "Kaynes SemiCon’s Bold Move: New Semiconductor Plant Approved in Gujarat")
The Indian government has approved the establishment of a new semiconductor assembly and test (OSAT) plant by Kaynes SemiCon, marking the fifth such facility in the country. Led by CEO Raghu Panicker, this project will be located in Sanand, Gujarat, with a substantial investment of Rs 3,307 crore. In an interview, Panicker shared that the ...
The Union Cabinet has announced seven new schemes aimed at boosting agriculture and related sectors, with a total budget of nearly Rs 14,000 crore. These initiatives focus on key areas like research, education, climate resilience, and digital advancements in agriculture. Notable projects include a digital agriculture mission worth Rs 2,817 crore and a Rs 3,979 ...
 "Ireda’s Bold Financial Moves: Securing Green Future with Global Ratings")
The Indian Renewable Energy Development Agency (IREDA) is planning to raise approximately Rs 25,000 crore through debt and around Rs 4,500 crore via equity this fiscal year. Chairman Pradeep Kumar Das highlighted that they are working with the government to approve a 10% dilution of their stake. Recently, S&P Global Ratings assigned IREDA a ‘BBB-‘ ...
 "WhatsApp Unleashes Voice Chat for Meta AI: A New Era in Communication!")
WhatsApp is developing a new voice chat feature for Meta AI, which will allow users to communicate through voice commands instead of just text. This functionality is being tested in the latest beta update for Android and aims to make interactions more user-friendly. Users will have the option to choose their preferred voice for Meta ...
 "JSW Cement’s ₹4,000-Crore IPO Halted by Sebi: What’s Next?")
JSW Cement’s planned Rs 4,000-crore initial public offering (IPO) has been put on hold by the Securities and Exchange Board of India (Sebi) without clarification on the reasons. The company, part of the diversified JSW Group, initially filed the IPO documents on August 16, which included a new issue and an offer-for-sale by existing shareholders. ...
 "Adani Green and TotalEnergies Forge Power Partnership Amid Market Surge")
Adani Green Energy has announced a significant milestone as its board approved a joint venture with TotalEnergies, allowing the French energy giant to invest $444 million. This partnership comes on the heels of a previous $300 million deal to enhance renewable energy capacity in India, a country still heavily reliant on coal. The new venture ...
 "Infosys Onboards Delayed 2022 Graduates Amid Union Vigilance and Promises")
Infosys is moving ahead with the onboarding process for engineering graduates from the 2022 batch, with many candidates receiving updates on their joining dates and offers. Reports suggest that over 1,000 campus hires have been contacted, although Infosys has not yet confirmed this officially. The onboarding will likely begin by the end of September or ...
 "Rs 700 Crore Revamp: Blackstone Transforms India’s Logistics Landscape")
Horizon Industrial Parks, managed by Blackstone Real Estate funds, is set to invest Rs 700 crore to upgrade 13 warehouses owned by the Central Warehousing Corporation (CWC) across India. This partnership aims to transform government-owned facilities into modern Grade-A spaces catering to sectors like e-commerce, retail, and logistics. The redevelopment will cover 2.4 million square ...
 "SBI’s Next Leader: Amara Recommended as Managing Director Amidst Transition")
Rama Mohan Rao Amara has been recommended for the position of Managing Director of the State Bank of India (SBI) by the Financial Services Institutions Bureau (FSIB). Amara, who is currently the Deputy Managing Director at SBI, will take over due to C S Setty’s recent elevation to Chairman of the bank. The FSIB evaluated ...
 "Vedanta Approves Massive Rs 20 Dividend, Boosting Total Payout to ₹13,474 Crore")
Vedanta, led by Anil Agarwal, has declared a third interim dividend of Rs 20 per share for the current financial year, bringing the total payout for FY25 to Rs 13,474 crore. Earlier this year, the company approved a first interim dividend of Rs 11 per share and a second of Rs 4 per share. The ...
