Articles for tag: clinging, Coal, Concerns, Demand, Energy, Environmental, Fossil, Fuels, India, Indias, Investment, Massive, Plans, Power, Sparking, Surges

September 10, 2024

Coal India plans a massive investment in coal power, clinging to fossil fuels as India’s energy demand surges, sparking environmental concerns.

Coal India Ltd. is set to invest approximately 670 billion rupees (around $8 billion) to build coal-fired power plants near its mines, emphasizing the country’s ongoing reliance on coal for electricity. With approval for 4.7 gigawatts of new power generation in Odisha and discussions for an additional 2 gigawatts, the move highlights India’s forecasted surge ...

September 5, 2024

Market News

Business

Generative AI fuels TCS’s rapid growth in engineering and design, transforming product cycles and propelling India’s tech industry to new heights.

Tata Consultancy Services (TCS) is leveraging generative AI to enhance its engineering research and design capabilities, leading to a 20% acceleration in product development cycles for major clients like Rolls Royce and Jaguar Land Rover. This sector is projected to grow significantly, with an expected value of $170 billion by 2030, nearly quadrupling from current ...

September 1, 2024

Market News

Business

TVS Motor Soars: 13% Sales Surge Fuels Record August Exports!

TVS Motor Company reported a significant increase in sales, rising by 13 percent year-on-year in August, totaling 391,588 units. This marks an improvement from 345,848 units sold during the same month last year. Notably, two-wheeler sales surged to 378,841 units, reflecting a 14 percent growth compared to August 2023. The domestic Market alone saw two-wheeler ...

September 1, 2024

Market News

Business

Raymond Seizes Opportunity as Bangladesh Crisis Fuels Global Inquiries

Raymond, a leading textiles and apparel company, is poised to capitalize on a surge of inquiries from global firms following recent crises in Bangladesh. Chairman and Managing Director Gautam Singhania highlighted that India’s strong fabric supply and end-to-end manufacturing capabilities position it favorably as some garmenting businesses may shift from Bangladesh. Despite higher labor costs ...

August 30, 2024

Market News

Business

India’s Economic Resilience: Rural Growth Fuels 7% GDP Aspirations Amid Challenges

India’s GDP grew by 6.7 percent in the first quarter of FY25, according to Chief Economic Advisor V Anantha Nageswaran. He emphasized a positive trend in rural consumption, supported by good monsoon conditions, which could boost overall economic growth to 7 percent in the medium term. While some experts expected growth to slow due to ...

May 15, 2024

Market News

Business

FuelCell Energy, Bloom, and Clean Energy Fuels Soar: Find Out Why!

Today, FuelCell Energy, Bloom, and Clean Energy Fuels all saw a rise in their stock prices. This increase could be attributed to the growing demand for clean energy solutions in the Market. FuelCell Energy, Bloom, and Clean Energy Fuels are all leading providers of environmentally friendly power options, making them attractive investments for those looking ...