Business

Nov 2025 : REC Limited, a Maharatna Public Sector Enterprise under the Ministry of Power and a leading NBFC, has been honored with the ‘The Economic Times Infra Leadership Awards 2025.’REC was recognized for its outstanding contribution in two categories for Best Infra Projects with Green Financing: the Mumbai Metro and the 500 MW Solar Project in Anantapur. The award was received on behalf of REC by Mr. Kuldeep Rai, Executive Director, and Mr. Debasis Mitra, General Manager, at the…

Coimbatore, Nov 2025 – The foundation stone for the Workshop and Classroom Building at the Ramakrishna Mission Technical Campus, Coimbatore, was laid on 27 November 2025. The upcoming structure is being funded by REC Limited under its CSR initiative. The ceremony was graced by Shri. Narayanan Thirupathy, Independent Director, REC Ltd. and Shri. Immanuvel Antony Doss, Chief Manager, REC Ltd. The new facility, being constructed at a cost of ₹9.06 crore, represents a significant step towards strengthening technical education and advancing…

Union Minister of Commerce and Industry Shri Piyush Goyal observed that while India continues to be globally recognised for iconic teas such as Darjeeling, Assam, and Nilgiri, it is important for the country to develop a wider catalogue of internationally marketable products while addressing the Sankalp Foundation’s National Conference on Safe Tea Production in New Delhi today. Shri Goyal underlined that India must move beyond its traditional strengths and focus on creating new signature blends that resonate with changing consumer…

Mumbai, Nov 2025 : Mukesh Ambani-led Reliance Industries on Friday announced that it has received a penalty order of Rs 56.44 crore from the Joint Commissioner of CGST in Ahmedabad. The order, dated November 25, states that the company’s input tax credit (ITC) should be treated as blocked credit. In an exchange filing, Reliance said the order was issued without considering the classification of services by the service provider. “The Company has received an order dated November 25 (‘Order’) from…

DoT clarifies amendments to TCS Rules 2024 are in force and enforceable Department of Telecommunications (DoT) has amended the Telecommunication Cyber Security (TCS) Rules, 2024 on 22.10.2025 addressing critical vulnerabilities that have emerged with the rapid integration of telecom identifiers into digital services across sectors such as banking, e-commerce, and governance. The amendment reinforces India’s commitment to secure, transparent, and responsible telecom operations. The updated Rules aim to bridge existing regulatory gaps and strengthen cyber resilience through collaborative mechanisms with…

The Government of India has approved the Textiles Focused Research, Assessment, Monitoring, Planning and Start-up (Tex-RAMPS) Scheme, to Strengthen Research, Innovation and Competitiveness in Textiles Sector. The scheme, with a total outlay of ₹305 crore for the period FY 2025-26 to FY 2030-31, is co-terminus with the upcoming Finance Commission cycle and will be implemented as a Central Sector Scheme, fully funded by the Ministry of Textiles. Announcing the scheme, the Union Minister of Textiles Shri Giriraj Singh said that the Tex-RAMPS…

SIDDHI 2.0 (Scientific Innovation in Drug Development, Healthcare & Integration) is a national industry research interface platform to accelerate evidence-based Ayurvedic product development National conclave in Vijayawada brings industry, academia and regulators together to scale evidence-based Ayurvedic products New CCRAS digital and literary initiatives unveiled to boost quality, regulation and global competitiveness of Ayurveda The Central Council for Research in Ayurvedic Sciences (CCRAS), Ministry of Ayush, launched the second edition of its flagship industry–research interface initiative, SIDDHI 2.0 (Scientific Innovation…

New Delhi, Nov 2025 : HP Inc has announced plans to eliminate between 4,000 and 6,000 jobs globally by fiscal year 2028 as part of a broader initiative to streamline operations and expand the use of artificial intelligence across its business. The company said the move is intended to accelerate product development, enhance customer service, and improve overall productivity. Following the announcement, HP shares fell 5.5 per cent in extended trading. During a media briefing, HP CEO Enrique Lores confirmed…

New Delhi, Nov 2025 — The Ministry of Power, Government of India, today convened a meeting of the India Energy Stack (IES) Taskforce to accelerate the development of the nation’s Digital Public Infrastructure (DPI) for the power sector. The IES initiative, which is envisioned as the unified, secure, and interoperable digital backbone for the entire energy value chain, is being advanced with REC Limited as the Nodal Agency and FSR Global as the Knowledge Partner. The focus of today’s meeting was…

A grand showcase of couture, cinema and culture at IFFI red carpet, Goa Marking it as a first of its kind experience for the delegates, DC handlooms, Ministry of Textiles, has brought the couture, culture and cinema, together at the iconic red carpet of ongoing, International Film Festival of India, 2025. The fashion show “Handloom Sarees in Motion: 70MM on Runway” was a social enterprise dedicated to Indian handlooms. Performed twice, the 15-minute showcase transported audiences through the journey of Indian…