Business
March 2026 : In a powerful showcase of India’s energy transition, the REC Limited Pavilion was officially inaugurated at the Bharat Electricity Summit by Shri Manohar Lal, Union Minister of Power and Housing & Urban Affairs; Shri Prahlad Joshi, Union Minister of New & Renewable Energy, Consumer Affairs, Food & Public Distribution; and Shri Shripad Naik, Union Minister of State for Power and New & Renewable Energy. The inauguration took place in the distinguished presence of Shri Pankaj Agarwal, Secretary…
Read More »Driving Investment-Ready, Plug-and-Play Ecosystems for India’s Next Phase of Manufacturing Growth The National Industrial Corridor Development Corporation (NICDC), under the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India, will anchor the implementation of the BHAVYA scheme aimed at developing 100 plug-and-play industrial parks across the country under the National Industrial Corridor Development Programme (NICDP). Under the BHAVYA scheme, NICDC will develop industrial parks with pre-approved land, ready infrastructure and integrated services…
Read More »New Delhi, March 2026: REC Limited, a ‘Maharatna’ company under the Ministry of Power, Government of India and the National Test House (NTH), operating under the Department of Consumer Affairs, Government of India, signed a Memorandum of Understanding (MoU) on Wednesday at Krishi Bhavan, New Delhi, aimed at bolstering quality testing and assurance mechanisms for materials deployed under the Revamped Distribution Sector Scheme (RDSS). The agreement was signed by Sh. Prabhat Kumar Singh, Executive Director (RDSS), REC Limited, and Dr. Alok Kumar Srivastava, Director General,…
Read More »March 2026 : A rapid first-year ramp-up at the Port of Colombo in Sri Lanka underscores the expanding global footprint of Adani Ports and Special Economic Zone Ltd (APSEZ), highlighting both the growing importance of the Indian Ocean Region (IOR) in global trade flows and its emerging role in the blue economy. In a milestone that signals both operational discipline and strategic intent, the Colombo West International Terminal (CWIT) in Sri Lanka, which commenced operations in April 2025, has crossed…
Read More »The Bharat Electricity Summit 2026, a flagship global conference-cum-exhibition for the power and electricity sector, will be held from 19-22 March 2026 at Yashobhoomi, New Delhi. The Summit is expected to feature over 100 high-level conference sessions, more than 300 speakers, representatives from more than 80 countries, over 500 exhibitors including over 100 startups and more than 25,000 visitors, making it one of the largest electricity-focused platforms globally. The Summit, themed “Electrifying Growth. Empowering Sustainability. Connecting Globally.”, will feature a comprehensive programme comprising…
Read More »New Delhi, March 2026 : The government on Wednesday highlighted the success of Bharat Taxi, stating that the platform has generated over ₹35 crore in income for drivers with an investment of just around ₹5 crore so far. The initiative has also created employment opportunities for nearly 20,000 drivers and around 200 support staff, reflecting its growing impact in the mobility sector. Union Home Minister Amit Shah, in a written reply in the Rajya Sabha, described Bharat Taxi as a…
Read More »Mumbai, March 2026 : The Reserve Bank of India (RBI) has been honoured with the prestigious Initiative of the Year Award by Central Banking for launching the “.bank.in” domain—an innovative move that makes India the first country in the world to mandate a secure and exclusive internet domain for its banking system. The award recognises the initiative as a global benchmark in strengthening financial cybersecurity and managing digital infrastructure. By introducing a dedicated domain exclusively for licensed banks, the RBI…
Read More »New Delhi, March 2026 : Maruti Suzuki India Limited on Tuesday said it has received a draft assessment order from the Income Tax Department involving a demand of ₹5,786 crore. The company, however, assured that the notice will not affect its financial health or business operations. In a regulatory filing, the automaker stated that it will challenge the draft order by filing objections before the Dispute Resolution Panel, as part of the prescribed legal process. The draft assessment order relates…
Read More »Editor’s Synopsis Ahmedabad, March 2026: IndiGo, India’s preferred airline, and Adani Airport Holdings Limited (AAHL), the country’s largest private airport operator, have announced a strategic partnership enabling IndiGo BluChip members to earn on duty-free shopping across AAHL-managed airports. Under the partnership, members can earn five IndiGo BluChips for every ₹100 spent on duty-free products pre-booked through the Adani platform. Travellers can browse, reserve and pay for products online before departure and collect their purchases conveniently at the airport. Neetan Chopra,…
Read More »Ahmedabad, March 2026: Adani Power Ltd (APL), India’s largest private sector power generator, today said it has received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for the supply of 1,600 MW of power from one of its upcoming ultra-supercritical thermal power projects (USCTPP). The LoA follows Adani Power’s success in a highly competitive bidding process, where the company emerged as the lowest-tariff bidder, offering power at a combined tariff of Rs 5.30/kWh. The supply…
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