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 9, 2024

Market News

Politics

Modi’s Grand Plans: Can SEMICON India 2024 Really Make Us a Tech Titan?

Prime Minister Narendra Modi will inaugurate SEMICON India 2024 at the India Expo Mart in Greater Noida, Uttar Pradesh, on September 11 at 10:30 AM. This significant three-day event runs from September 11 to 13, focusing on the theme “Shaping the Semiconductor Future.” The conference aims to highlight India’s strategy to become a global hub ...

September 8, 2024

Market News

Business

Shriram Finance plans to raise $1 billion for business growth, anticipating a 15-16% loan increase this financial year.

Y S Chakravarti, the MD and CEO of Shriram Finance, announced that the company plans to raise $1 billion (around Rs 8,300 crore) in the next six months to support its growth. This includes an initial $300 million targeted for October, with the remainder to follow as Market conditions allow. While Shriram Finance intends to ...

September 6, 2024

Market News

Business

Sebi plans strict derivative rules to curb risky retail trading, increasing costs and limiting options to enhance market stability.

India’s Securities and Exchange Board of India (Sebi) is set to introduce stricter rules for derivatives trading to protect retail investors from speculation risks. The new regulations will limit options contract expiries to one per exchange each week and raise the minimum trading amount to between Rs 15 lakh and Rs 20 lakh, increasing the ...

September 6, 2024

Market News

Business

Salesforce plans to acquire Own Company for .9 billion, enhancing data security amid rising cyber threats as it seeks growth.

Salesforce plans to acquire Own Company for $1.9 billion, enhancing data security amid rising cyber threats as it seeks growth.

Salesforce has announced its acquisition of Own Company, a data protection and management solutions provider, for $1.9 billion in cash. This move aims to enhance Salesforce’s data security and privacy offerings, especially as customers prioritize safeguarding their data from loss and cyber threats. The company expects this deal to contribute positively to free cash flow ...

September 5, 2024

Market News

Business

Verizon plans to acquire Frontier Communications for billion, aiming to enhance its fiber internet footprint and compete against rivals.

Verizon plans to acquire Frontier Communications for $20 billion, aiming to enhance its fiber internet footprint and compete against rivals.

Verizon is set to acquire Frontier Communications for $20 billion in an all-cash deal, announced on Thursday. This strategic move aims to expand Verizon’s subscriber base and enhance its competitive edge against rivals AT&T and T-Mobile, which offer extensive unlimited plans and bundled services. Verizon has proposed $38.50 per share for Frontier, a 37.3% premium ...

September 3, 2024

Market News

Business

Raymond’s Bold Transformation: Demerger Plans Spark Soaring Shareholder Value

Gautam Singhania, the chairman and managing director of Raymond, emphasized that shareholder value is central to the company’s upcoming demerger plans. Speaking at a press conference, he announced the impending listing of Raymond’s lifestyle division on the stock Market and the planned separation of the real estate business next year. In 2024, Raymond’s stock has ...

May 16, 2024

Market News

Business

Honda plans to invest $65 billion in building seven new electric vehicles

Japanese automaker Honda has announced plans to invest a whopping $65 billion in the development of seven new electric vehicles. The company aims to expand its electric vehicle lineup as part of its commitment to sustainable transportation. This massive investment reflects Honda’s commitment to innovation and environmental responsibility. Click to Claim Latest Airdrop for FREE ...

May 16, 2024

Market News

Crypto Now

Potential Impact: Chicago Stock Exchange plans to begin trading Bitcoin

Chicago Mercantile Exchange is reportedly looking to launch trading for Bitcoin, a popular cryptocurrency. This move could open up new opportunities for investors and traders interested in digital assets. The decision comes as Bitcoin continues to gain mainstream acceptance and interest. Stay tuned for updates on when this trading option will become available. Click to ...

May 2, 2024

Market News

Crypto Now

Block Plans to Boost Bitcoin Holdings, Brightens Yearly Outlook

Block, the digital payments giant, has recently announced its plans to increase its bitcoin investments, signaling a significant boost to its treasury with more of the popular cryptocurrency. In an optimistic move, the company has also revised its annual forecast upwards, suggesting a promising future ahead. This strategic decision reflects Block’s confidence in bitcoin’s value ...