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India's Q1 FY24 GDP growth hits 7.8% despite challenges ahead

According to data released by the National Statistical Office, the services sector was the driving force behind the growth in this quarter. As a result, the economy is now 13.8% larger than it was in the pre-pandemic first quarter of FY20, in real terms.Read more

Why was an E missed out from the ESG?

The Triple Bottom Line (TBL) accounting mentions three profits – economic profit, environmental profit and societal profit. In ESG, the economic profit has been ignored, and that’s taking the focus away from PE, says R Jayaraman.Read more

Energy progress report: world lag effort in achieving sustainable energy goals

The report ‘The 2023 edition of Tracking SDG 7: The Energy Progress Report’ warned that current efforts were not enough to achieve the SDG 7 on time. Global energy access gap persists: 675 million people were without electricity in 2021, says report.Read more

Greening Enterprise Eco system, SIDBIs dedicates Mission 50K-EV4ECO

Small Industries Development Bank of India (SIDBI) with the aim to strengthen the EV ecosystem, launched Mission 50K-EV4ECO which will unlock the market by providing better financing terms for electric two- wheeler, three-wheeler, and four-wheeler (2W, 3W and 4W) vehicles purchase. Read more

“Poor security is no security” is the philosophy of Safcon

Safcon Seals Pvt Ltd is an indicative and barrier seals manufacturer. Rajesh Kumar Banka, Managing Director, Safcon Seals is in security seal business for over 25 years. In this interview, Banka tells about his innovations with security seals during the past two decades, adding details about patented products and export operations of the company. Indian market offers great opportunities but is very competitive, he adds sharing about the growth plans of Safcon. Read more

IFC to invest Rs 600 cr in M&M’s new electric three-wheelers company

Funding to help electrify the country’s last mile mobility and boost penetration of electric three-wheelers, supporting India’s climate goalsRead more

TI Clean Mobility to raise Rs 3000 Cr to fuel its EV platform

TI Clean Mobility Private Limited signed terms with Multiples, State Bank of India and other co-investors to raise capital in the form of Equity and CCPS to Rs 1950 crores. The parent company Tube Investments of India Limited (TII) to invest Rs 750 crore to achieve the total fund raise of Rs 3000 crore. Read more

HPX successfully executes 1st e-RA contract for Indian Railways

On February 12, has successfully concluded its 1st e-Reverse Auction (e-RA) based long duration contract for Indian Railways. The exchange simultaneously logged its highest single day volume of 36.18MUs.Read more

Revenue protection is a need, not a choice for utilities

The success of utility meters protection depends on selection of security seal, effectively implementing, maintaining and upgrading it from time to time, says Rajesh Kumar Banka.Read more

Empire Cable banks on govt-backed infra projects for growth

The government’s continued push to boost investment in infrastructure projects is expected to increase demands for cables and wires in the coming years. Empire Cable is all set to tap this opportunity and also increase its overseas business. Read more

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