Business

In its latest report, Nomura has identified the Adani Group as one of the most attractive investment-grade (IG) corporate entities from India, outperforming peers in terms of valuation and stability. While other Indian IG corporates remain expensive, the Adani complex presents a comparatively appealing opportunity. The report acknowledged significant improvements in the Adani Group’s liquidity management since the Hindenburg controversy in early 2023, stating that the conglomerate now demonstrates a robust short-term liquidity position, enabling it to navigate turbulent conditions…

Mumbai : Kerala is not averse to discussing any new project with the Adani group and will do so only if there is a “win-win” situation which benefits the people of the state as well, a senior state minister has said. However, the southern state is not keen to have any big industries which will cause pollution and ecological damage, P Rajeev, the Minister of Law, Industries and Coir. The comments from the minister come even as there seems to…

The BharatNet Project in Tamil Nadu, was launched by the Hon’ble Chief Minister of Tamil Nadu, Thiru. M. K. Stalin, on 9th June 2022. The aim of this project is to connect all 12,525 Gram Panchayats in Tamil Nadu through an extensive Optical fiber network, ensuring high-speed bandwidth of at least 1 Gbps. Hon’ble Minister for Information Technology and Digital Services, Dr. Palanivel Thiaga Rajan in line with the vision to deliver affordable, high-quality internet services to rural areas and…

Solar Energy Corporation of India (SECI) Ltd under Ministry of New and Renewable Energy bagged the 3rd PSU Transformation Award under the “Innovative Product Development” category for ‘Firm and Dispatchable RE (FDRE) Supply to DISCOMs on a Demand Following Basis’. The award was conferred in a felicitation ceremony held on 05th December 2024 at New Delhi. The award was received by Shri Sanjay Sharma, Director (Solar) along with Shri Joshit Ranjan Sikidar, Director (Finance) and Shri Sivakumar V Vepakomma, Director (Power…

New Delhi: The National Highways Authority of India (NHAI) has announced plans to issue green bonds worth ₹1,000 crore to fund various environment-friendly initiatives on the Delhi-Mumbai Expressway project. According to an official statement released on Thursday, the funds will support measures such as solar-powered lighting, rainwater harvesting systems, and wildlife underpasses to enhance ecological sustainability along the expressway. The bonds will be issued by NHAI’s wholly owned Special Purpose Vehicle (SPV), DME Development Ltd (DMEDL), under a closed bidding…

● Over 1.52 Crore citizens served since launch of POPSKs in 2017.● Services to be extended to over 600 centres by 2028-29, providing facilities to 1 cr citizens per annum. New Delhi : In a significant development today, a Memorandum of Understanding (MoU) was renewed for five years between the Ministry of External Affairs (MEA) and the Department of Posts for the continued accessibility of passport services through the Post Office Passport Seva Kendras (POPSKs). The MoU was signed by Manisha…

Vijayawada: In a significant move to promote Artificial Intelligence (AI), the Andhra Pradesh government has signed a Memorandum of Understanding (MoU) with Google. The agreement, aimed at fostering AI-driven growth, was signed by Google Maps India General Manager Lalita Ramani and Andhra Pradesh Real-Time Governance (RTG) Secretary Suresh Kumar. The signing ceremony, held at the Secretariat, was attended by Human Resource Development and RTG Minister Nara Lokesh. As per the MoU, Google will conduct skill development programs in schools and…

Gurugram : REC Limited, a Maharatna CPSU under Ministry of Power and a leading NBFC, has been honoured with Golden Peacock Award 2024 for Excellence in Corporate Governance. The award was presented by the Golden Peacock Awards Secretariat and Institute of Directors in a ceremony held in London. The Golden Peacock Award is a testament to REC’s unwavering commitment to the highest standards of corporate governance. This recognition underscores REC’s dedication to transparency, accountability, and ethical business practices, which have…

The Rural Development Department, Himachal Pradesh has signed a Memorandum of Understanding (MoU) with Ambuja Cements Ltd. on 05.12.2024 to address the pressing issue of non-recyclable plastic waste management in the state.  Under this partnership, Ambuja Cements will collaborate with the Department to co-process non-recyclable plastic waste in its cement kilns. This innovative approach aligns with environmentally sound waste disposal methods and contributes to the government’s mission of maintaining State ecological balance.  The MoU underscores the shared commitment of the…

ESIC’s achievements acknowledged on the international platform, underscoring its role as a leader in the field of social security within Asia and the Pacific region The Employees’ State Insurance Corporation (ESIC) has been awarded one certificate of merit with special mention from the jury for its mobile application (Ask An Appointment – AAA+) and three certificates of merit for Occupational Accident and Disease, Sustainable Investment and System Resilience at the Regional Social Security Forum for Asia and the Pacific (RSSF…