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JSW Steel's subsidiary Periama acquires remaining 10% stake in JSW USA
The company confirmed the completion of the acquisition by Periama on December 18, 2023 (US Time), making JSW USA a wholly-owned entity of Periama.Read more
India’s RE sector receives FDI equity investment of $6.1 bn during Apr 2020 - Sept 2023
Under the extant Foreign Direct Investment (FDI) policy of the Government of India, FDI in renewable energy sector is permitted up to 100% under the automatic route.Read more
India's RE capacity surges 2.35 times in a decade: Minister for Power
Highlighting the remarkable growth in renewable energy, the Minister credited the government's strategic initiatives since 2014.Read more
Vedanta greenlights Rs 3,400 cr NCDs raise for capital structure enhancement
Last week, Vedanta Resources (VRL), the UK-headquartered parent company of the Vedanta group, announced securing a USD 1.25-billion loan from private lenders to refinance a portion of its $3.2-billion debt maturing in 2024 and 2025.Read more
Vinita Singhania receives Lifetime Achievement Award at the 7th Indian Cement Review Awards
Vinita Singhania: Cement Pioneer Honored with Lifetime Achievement at 7th Indian Cement Review AwardsRead more
WEF recognises Schneider Electric’s Hyderabad factory as a sustainability lighthouse
Hyderabad factory is third Sustainability Lighthouse for Schneider Electric. Sustainability Lighthouses are leading examples of how 4th Industrial Revolution technologies deliver greater sustainability and efficiency.Read more
Indian engineering exports decline 3% in November, industry optimistic for recovery
Arun Kumar Garodia, Chairman of EEPC India, noted a positive growth trend in the sector from August to October after a first-half slump in 2023, instilling hope for a continued upward trajectory.Read more
Northvolt unveils Sodium-Ion Battery, Paves way to sustainable energy transition
The World Bank Group's 2023 report on Challenges and Opportunities underscores the water intensity and potential environmental impacts of lithium extraction, driving the search for alternatives like sodium-ion batteries.Read more
PM-ebus Seva: Ambitious Plan to Boost E-Bus Adoption despite challenges
The Crisil Ratings report emphasises the government's commitment to overall decarbonisation, with a primary emphasis on public transport as a key facilitator.Read more
Genrobotics' G Gaiter AI Robotic Trainer Clinches Top Honour at GPAI Summit 2023
During the summit held from December 12 to 14 at Bharat Mandapam, inaugurated by Prime Minister Narendra Modi, Genrobotics' G-gaiter Robotic Technology secured the prestigious 'AI Game Changers' award.Read more