In the ever-evolving landscape of global innovation, India stands tall, securing its 40th rank out of 132 economies in the prestigious Global Innovation Index (GII) 2023. The World Intellectual Property Organization (WIPO) has once again recognized India’s steadfast commitment to innovation. This significant achievement reflects India’s relentless climb from the 81st position in 2015 to …
ICICI Lombard General Insurance Co. Ltd stands as a prominent and well-established private sector general insurance company in India. It offers a wide array of insurance products and risk management solutions through various distribution channels. Recently, the company received a Show Cause Cum Demand Notice from the Directorate General of GST Intelligence, Pune Zonal Unit, …
Power Grid Corporation of India, India’s largest electric power transmission company and a Maharatna Central Public Sector Enterprise (CPSU) has made a significant announcement regarding an acquisition made by the company. As per details in the report, Power Grid Corporation of India Limited, following its selection as the winning bidder through Tariff-based competitive bidding, completed …
Karnataka Bank, a prominent and leading Indian bank engaged in providing a wide range of banking and financial services, has made a significant announcement regarding a new initiative undertaken by the bank. As per detail in the report, Karnataka Bank is set to introduce an innovative “Door-Step Gold Loan” service called “KBL-Swarna Bandhu” for its …
After exploring space, India is set to launch a self-propelled manned submersible on its maiden ocean expedition to explore its depths and vast resources. Within this venture, a submarine will transport three individuals to a depth of 6,000 metres in a submersible vehicle. “Samudrayaan” is a groundbreaking mission that represents India’s inaugural manned exploration of …
Every year on September 27, World Tourism Day is celebrated to promote global tourism. This occasion was established by the UN World Tourism Organization (UNWTO) to celebrate the tourism sector’s ability to foster cultural connections. On this day, countries and organizations encourage people to travel and explore different places, cultures, history, and exciting adventures. It’s …
In a dynamic financial landscape, where global investments are on the rise, staying abreast of regulatory changes is crucial for businesses and investors alike. The Finance Act of 2023 has brought about a significant amendment that affects non-resident investors eyeing shares issued by unlisted companies. To delve into this amendment, we’ll explore how it aligns …
Delhivery, India’s largest fully integrated logistics services provider, has joined hands with private equity firm Nexus Ventures and Amazon Web Services (AWS) to launch Velocity, a six-week startup accelerator program to nurture and empower the next generation of entrepreneurs and innovators in the logistics landscape. The first edition of the program, which kicked off in …
Union Minister for Road Transport and Highways, Shri Nitin Gadkari, urged all stakeholders to actively support the Vehicle Scrapping Policy during a Stakeholder Consultation held in New Delhi. He emphasized that this policy is mutually beneficial for everyone involved. Shri Gadkari highlighted several initiatives undertaken by the Ministry to stimulate demand for vehicles, including the …
KPI Green Energy has been granted a Letter of Intent (LoI) for a wind solar hybrid power project with a total capacity of 145.20 MW, comprising 145.20 MW of wind power and 50 MW of solar power. This significant project is awarded by Ayana Renewable Power Four, a company based in Bangalore. The project’s designated …
