 "Cognizant reveals plans for a major tech hub in GIFT City, promising 2,000 jobs and boosting India’s financial technology landscape.")
Cognizant, a leading global technology firm, is set to open a new techfin centre in Gujarat International Finance Tec-City (GIFT City) in February 2025. This strategic hub will initially support 500 associates, with plans to increase its workforce to 2,000 within three years. The centre will focus on delivering advanced technology solutions for clients in ...
 "Greenzo Energy secures a major hydrogen project in Tamil Nadu, boosting its order book to Rs 1,200 crore, enhancing India’s green initiatives.")
Greenzo Energy has announced a significant multi-crore hydrogen project in Tamil Nadu, boosting its total order book to Rs 1,200 crore. The contract, awarded by the Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO), entails establishing a hydrogen generation plant capable of producing 20 normal cubic meters of hydrogen per hour. This initiative will take ...
 "SpiceJet’s 8 million share sale attracts major investors amidst financial turmoil, aiming to revive its struggling operations and fleet.")
SpiceJet Ltd. has successfully attracted bids worth $358 million for its share sale, drawing interest from notable investors such as Tata Mutual Fund and Authum Investment. This move comes as the airline, based in Gurugram near New Delhi, struggles with staff furloughs and delayed tax payments. The share sale, offered at a discounted price of ...
 "Morgan Stanley’s record 1.1 million square feet lease in Mumbai signifies a major shift in India’s commercial real estate landscape.")
Morgan Stanley has made a significant move in the Indian commercial real estate Market by leasing 1.1 million square feet of office space in Goregaon, Mumbai. This nearly 10-year lease, valued at over Rs 2,122 crore, is one of the largest office deals in India for 2024. The bank has rented 16 floors of the ...
An Army Major and his female companion were involved in a troubling incident at the Bharatpur police station in Bhubaneswar. The couple, appearing to be intoxicated, allegedly assaulted a lady police officer after being asked to take a breathalyser test. The situation escalated when they were reportedly found with two liquor bottles in their vehicle ...
 "Corning accelerates growth in India with major investments in mobile tech and life sciences, marking a bullish future.")
Corning is optimistic about its growth in India, focusing on mobile consumer electronics and life sciences. Currently, its automotive and optical fiber sectors generate the most revenue. The company, originally known for glass covers for light bulbs, has diversified into various glass technologies. To strengthen its presence, Corning plans to invest over Rs 1,000 crore ...
 "Air India Express plans to eliminate business class seats by 2025 amidst a major fleet expansion and operational restructuring.")
Air India Express is planning to phase out business class seats from its aircraft by 2025. This decision comes as the airline, part of the Tata Group, prepares to merge AIX Connect with itself next month. Currently, Air India Express operates a fleet of 85 aircraft, which is expected to grow to around 100 by ...
 "Next week, four major IPOs, led by Bajaj Housing Finance, seek to raise ₹8,390 crore amid a bustling market landscape.")
The IPO Market is gearing up for a busy week, with four major companies, including Bajaj Housing Finance aiming to raise a total of Rs 8,390 crore. Other key players include P N Gadgil Jewellers, Kross Ltd, and Tolins Tyres, all set for subscription between September 9 and 12. This surge in IPO activity aligns ...
 "NLC India seeks to accelerate mining at Machhakata coal block, aiming for a major boost in its production capacity by 2030.")
NLC India Ltd, a state-owned company, is planning to begin mining at the Machhakata coal block in Odisha ahead of schedule. This block, the largest among NLCIL’s mining projects, holds 1.4 billion tonnes of coal reserves and a capacity of 30 million tonnes per annum. NLCIL successfully bid for the Machhakata coal block in a ...
 "India’s Ambitious Leap: Aviation Sector Set for Major Transformation")
The Indian government is advancing plans to manufacture commercial aircraft domestically, as announced by Civil Aviation Minister K Rammohan Naidu. A special purpose vehicle will be established to involve industry stakeholders in this initiative. The recently passed Bhartiya Vayuyan Vidheyak Bill 2024 will regulate aircraft design and production, aligning with the Aatmanirbhar Bharat initiative aimed ...
