In order to encourage sustainable development and lessen the nation’s reliance on fossil fuels, IREDA is essential. IREDA supports India’s efforts to tackle climate change and speeds up the adoption of clean energy technologies by giving financial support to renewable energy projects. Enhancing resource efficiency and lowering greenhouse gas emissions is another benefit of IREDA’s …
At the close of the trading session on August 20, 2024, the Nifty 50 and Sensex was up by 0.51% and 0.47% closing at 24,698 and 80,802, respectively. Top Gainers and Losers Regarding sectors, Nifty Financial Services 25/50, Nifty PSU Bank, Nifty Financial Services, Nifty Private Bank, and Nifty IT saw gains. On the other …
In a significant development, Rail Vikas Nigam Limited (RVNL), a public sector company under the Ministry of Railways, has entered into a Memorandum of Understanding (MoU) with Dhaya Maju Infrastructure (Asia) Sdn Berhad (DMIA). This collaboration aims to tap into emerging opportunities in the ASEAN region and beyond, particularly in the railway infrastructure sector. Objective …
At the close of the trading session on August 21, 2024, the Nifty 50 and Sensex were up by 0.29% and 0.13% closing at 24,770 and 80,905, respectively. Top Gainers and Losers Regarding sectors, Nifty Consumer Durables, Nifty FMCG, Nifty Media, and Nifty Pharma saw gains. On the other hand, Nifty Realty, Nifty PSU Bank, …
Persistent Systems, a global leader in Digital Engineering and Enterprise Modernisation, has once again been positioned as a Challenger in the Gartner Magic Quadrant for Public Cloud IT Transformation Services. This recognition marks the company’s fourth consecutive year in the report, underscoring its exceptional cloud expertise, which encompasses consulting, application development, migration, cybersecurity, and automation. …
On August 08, 2024, Cyble, a leader in AI-powered threat intelligence, announced a partnership with Wipro Limited, a major technology services and consulting company. This collaboration aims to improve enterprise cybersecurity by combining Cyble’s AI and automation tools with Wipro’s global security and compliance expertise. The partnership will provide security teams with enhanced insights and …
Jindal Steel has successfully diversified its coking coal sources to lower risks and reduce costs. In line with the Indian government’s goal of producing 300 million tonnes of steel by 2030 and the Steel Ministry’s push for varied coking coal sources, Jindal Steel has started sourcing coking coal from Africa and Southeast Asia. This move …
India’s Reliance Industries Ltd. (RIL), which operates the world’s largest refining complex, plans to partially pay for crude oil purchases from Venezuela using naphtha supplies, according to the reports. This decision follows U.S. approval granted in July 2024, allowing the company to resume oil trade with the sanctioned South American nation. Background Reliance had to …
NBCC: A Legacy of Excellence in Construction Established in 1960 as a Civil Engineering Enterprise of the Government of India, NBCC (National Buildings Construction Corporation) has evolved into a leading player in the construction sector. Headquartered in Delhi, the company holds the prestigious status of a Navratna Central Public Sector Enterprise (CPSE). Over the decades, …
Ola Electric’s Tepid Market Debut On Friday, Ola Electric Mobility’s much-anticipated shares made their debut on the stock exchanges with a rather flat performance, listing at nearly par value on both the NSE and BSE. Specifically, the stock opened at Rs 75.99 on the BSE and Rs 76 on the NSE. While this was slightly …
