Business
India and Denmark’s maritime relations continue to strengthen, with both nations working closely to advance sustainable maritime practices. Under the India-Denmark Green Strategic Partnership, the collaboration has expanded across key areas such as Quality shipping, Cooperation on Port State Control, Maritime training and education, research and development, Piracy, Green maritime technology, shipbuilding and green shipping. Denmark, a global leader in sustainable maritime technologies, has been sharing its expertise in green and digital solutions, aligning with India’s goals under the Sagarmala…
Read More »NMDC Ltd., India’s largest Iron ore producer and Navratna public sector company, has been conferred the prestigious ‘Rajbhasha Kirti Award’ for 2023-2024, in the category of Undertakings situated in “C” region. The award was presented at the Hindi Diwas Function 2024 and Fourth Akhil Bhartiya Rajbhasha Sammelan organized by the Official Language Department, Ministry of Home Affairs in New Delhi. NMDC was recognized with the second prize for the effective implementation of the official language policy. Smt. G. Priyadarshini, Chief…
Read More »New Delhi: Power Finance Corporation (PFC), a Maharatna Company and a leading NBFC in the power sector, has paid Rs 462 crore to the Govt. of India and Rs 363 crore to other shareholders, totalling Rs 825 crore as the Final Dividend for the financial year 2023-24. For the Financial Year 2023-24, PFC paid Rs. 4455 Crore dividend, out of which Rs. 2495 Crore, including the final dividend of Rs. 462 crore, was paid to Govt. of India against 55.99%…
Read More »Gandhinagar/Gurugram: REC Limited, a Maharatna CPSU under the Ministry of Power and a leading NBFC, has signed Memorandum of Understanding (MoU) during 4th Global Renewable Energy Investors Meet & Expo (RE-INVEST 2024) in Gandhinagar with RE developers aggregating about ₹ 1.12 lakh crore which will be implemented over a period of 5 years. The MoUs cover projects based on Solar and Wind hybrid projects, Solar and Wind Round the Clock (RTC) project, Firm and Dispatchable RE (FDRE) power, Floating Solar Plants,…
Read More »● MSEDCL issues Letter of Intent for 6600 MW to Adani Power● Adani Green to supply 5 GW (5000 MW) solar power from Khavda● Adani Power to supply 1496 MW (net) thermal power from new 1600 MW Ultra super critical capacity● Adani Green and Adani Power to sign separate contracts with MSEDCL for their respective supply component as permitted under the tender conditions● Largest solar power capacity award globally, succeeding AGEL’s record-setting green power award received in 2020 Ahmedabad :…
Read More »Power Finance Corporation (PFC), A Maharatna Company and leading NBFC in Indian power sector received notable recognition from Shri Pralhad Joshi, Hon’ble Union Minister of New and Renewable Energy (MNRE) at RE-INVEST 2024 for its outstanding contribution to India’s renewable energy sector. PFC has played a pivotal role in providing financial support to 68 GW of 200 GW total installed renewable capacity, demonstrating its commitment to sustainable energy solutions. As the largest financier of renewable energy projects in India, PFC’s…
Read More »The Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal dedicated the Tuticorin International Container Terminal (TICT) to the nation at the VO Chidambaranar Port Authority (VOCPA) here today. The Union Minister also inaugurated key infra projects as well as laid foundation stones for several initiatives. The Prime Minister Shri Narendra Modi addressed the inauguration of Tuticorin International Container Terminal via video message today. Speaking on the occasion, the Prime Minister underlined that today marks a significant milestone in…
Read More »The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, is set to launch a groundbreaking digital platform aimed at strengthening India’s startup ecosystem. The Bharat Startup Knowledge Access Registry (BHASKAR) initiative, under the Startup India program, is a platform designed to centralize, streamline, and enhance collaboration among key stakeholders within the entrepreneurial ecosystem, including startups, investors, mentors, service providers, and government bodies. This initiative aligns with the Government of India’s vision to transform India…
Read More »Ahmedabad : The Adani Group is honoured to be featured in TIME’s prestigious World’s Best Companies of 2024 list, prepared in collaboration with Statista, a leading global industry ranking and statistics portal. This accolade highlights the Adani Group’s commitment to employee satisfaction, revenue growth and sustainability. This is further validation of the Adani group’s hard work and continuous efforts to push boundaries and deliver excellence across businesses. The World’s Best Companies 2024 list is based on a rigorous analysis across…
Read More »Ahmedabad : Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest port developer-cum-operator, has signed a concession agreement with DPA to develop Berth No. 13 at Deendayal Port, Kandla, Gujarat. APSEZ has incorporated a wholly owned subsidiary, DPA Container and Clean Cargo Terminal Limited (DPACCCTL), that will carry out operations at the berth. In July 2024, APSEZ had received the LOI for the development, operation and maintenance of the berth for a 30-year concession period. APSEZ will develop the berth…
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