Articles for category: Business

Market News

JSW Energy secures a 600 MW wind-solar project, boosting its capacity to 18.2 GW, while eyeing carbon neutrality by 2050.

JSW Energy secures a 600 MW wind-solar project, boosting its capacity to 18.2 GW, while eyeing carbon neutrality by 2050.

JSW Energy’s subsidiary, JSW Neo Energy, has secured a 600 MW wind-solar hybrid power project from Maharashtra State Electricity Distribution Company (MSEDCL). This new project boosts JSW Energy’s total locked-in generation capacity to 18.2 GW, which includes a hybrid capacity of 3.8 GW. The company aims to increase its installed generation capacity to 10 GW ...

Market News

Tata Electronics partners with ASMPT to revolutionize India’s semiconductor landscape, boosting innovation, training, and sustainability in Assam and Karnataka.

Tata Electronics partners with ASMPT to revolutionize India’s semiconductor landscape, boosting innovation, training, and sustainability in Assam and Karnataka.

Tata Electronics has partnered with ASMPT Singapore to enhance semiconductor assembly and packaging in India, focusing on facilities in Assam and Karnataka. This collaboration includes workforce training, improving service engineering, and advancing research in semiconductor technologies. Tata Electronics is investing Rs 27,000 crore in a chip assembly plant in Assam, set to begin operations next ...

Market News

Gautam Adani pleads for 0 million payment from Bangladesh, highlighting significant investments and commitment to energy security amid financial strain.

Gautam Adani pleads for $800 million payment from Bangladesh, highlighting significant investments and commitment to energy security amid financial strain.

Gautam Adani, chairman of Adani Group, has reached out to Muhammad Yunus, the advisor to the Bangladesh government, to speed up the clearance of $800 million owed by the Bangladesh Power Development Board for electricity supplies. In his letter, Adani highlighted the urgency of the situation, emphasizing the need for regular payments while fulfilling supply ...

Market News

Tamil Nadu’s electronics boom intensifies with Jabil’s Rs 2,000 crore investment, creating 5,000 jobs amid soaring iPhone exports.

Tamil Nadu’s electronics boom intensifies with Jabil’s Rs 2,000 crore investment, creating 5,000 jobs amid soaring iPhone exports.

Tamil Nadu is becoming a major hub for electronics manufacturing, driven by a significant investment from Jabil Inc., which plans to establish a new facility in Tiruchirapalli. This investment of Rs 2,000 crore will create approximately 5,000 jobs, marking Jabil as the fourth Apple supplier in the state, alongside Foxconn, Pegatron, and Tata Electronics. Recently, ...

Market News

A Kenyan court halts Adani’s 30-year airport lease amid constitutional challenges, sparking dramatic controversy over public funds and governance.

A Kenyan court halts Adani’s 30-year airport lease amid constitutional challenges, sparking dramatic controversy over public funds and governance.

A Kenyan court has halted a government agreement that would allow India’s Adani Airport Holdings Ltd. to manage Nairobi’s main airport for 30 years. This legal decision comes as concerns arise over whether leasing Jomo Kenyatta International Airport (JKIA) to a private entity aligns with Kenya’s constitutional principles regarding good governance and accountability. Critics argue ...

Market News

RSS chief Mohan Bhagwat warns of hidden threats to India’s growth, invoking dharma as the key to overcoming adversity.

RSS chief Mohan Bhagwat warns of hidden threats to India’s growth, invoking dharma as the key to overcoming adversity.

RSS chief Mohan Bhagwat recently highlighted the importance of “dharma” in India’s growth and unity during a book release event. He compared current challenges to those faced in the era of Chhatrapati Shivaji Maharaj, asserting that forces opposing India’s development are similar to past adversaries. Bhagwat emphasized that dharma, which encompasses truth, compassion, and dedication, ...

Market News

Apple’s iPhone 16 heralds a new AI era, aiming to reclaim innovation as it competes fiercely against rivals in the tech revolution.

Apple’s iPhone 16 heralds a new AI era, aiming to reclaim innovation as it competes fiercely against rivals in the tech revolution.

Apple is set to unveil the iPhone 16, marking a significant shift towards artificial intelligence. This new model aims to enhance features like Siri and create customized emojis in real-time, positioning Apple as a key player in the consumer AI landscape. The launch event, scheduled for Monday in California, is generating excitement as the iPhone ...

Market News

KKR bets on industrial assets and digital infrastructure, predicting a 0 trillion investment surge by 2040 amid evolving markets.

KKR bets on industrial assets and digital infrastructure, predicting a $100 trillion investment surge by 2040 amid evolving markets.

KKR & Co. has significantly increased its investment in digital infrastructure, focusing on assets like fiber connectivity, data centers, and logistics. According to Raj Agrawal, KKR’s global infrastructure head, industrial assets such as storage facilities are becoming crucial as Fortune 500 companies seek to sell these for better financial stability. The shift towards renewable energy ...

Market News

Union Minister K Rammohan Naidu pledges support for struggling SpiceJet amidst soaring demand in India’s airline industry.

Union Minister K Rammohan Naidu pledges support for struggling SpiceJet amidst soaring demand in India’s airline industry.

Union Minister K Rammohan Naidu has addressed the challenges faced by SpiceJet, emphasizing the government’s commitment to ensuring a balance in aviation operations amid rising demand in India. The airline is currently under increased scrutiny due to its financial and legal difficulties, with the Directorate General of Civil Aviation implementing enhanced surveillance measures. Naidu highlighted ...

Market News

The GST Council’s dramatic meeting addressed insurance tax reforms, foreign airline relief, and surging revenues from online gaming.

The GST Council’s dramatic meeting addressed insurance tax reforms, foreign airline relief, and surging revenues from online gaming.

During the 54th GST Council meeting in New Delhi, Finance Minister Nirmala Sitharaman announced several key decisions. The council is exploring a state panel to review the compensation cess and its future beyond March 2026. Discussions included potential exemptions for life and health insurance premiums from GST, although further deliberation is needed. To support foreign ...

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