Business

Operationalizes the first 250 MW wind capacity at Khavda – Deployed Wind Turbine Generators (WTG) of 5.2 MW capacity each, India’s largest and one of the world’s most powerful onshore WTG – With this, the cumulative operational capacity at Khavda plant stands at 2,250 MW of the 30,000 MW planned by 2029; 2,000 MW solar capacity operationalized in FY24 – Khavda will consist of 4 GW wind and 26 GW solar capacity upon completion Adani Green Energy Limited (AGEL), India’s…

Chief Minister Dr. Mohan Yadav held one-to-one discussions with industrialists and industry groups at Regional Industry Conclave Jabalpur. He said that the state government is progressing with positive thinking, simplifying government processes related to industrial activities. Land banks are available. Discussions were held regarding automobile and Ayurvedic sectors. Chief Minister Dr. Yadav held discussions with Shri Vinod Agrawal, Managing Director of Sheri Volvo Eicher Group, regarding expansion in the automobile sector. He also discussed operation and expansion of cement units…

Gandhinagar : Chief Minister Shri Bhupendra Patel held a one-on-one meeting with Shri Gursharan Singh, Senior Vice President of Global Operations, Micron Technology, in Gandhinagar.  The meeting was held following the inaugural session of the Gujarat Semiconnect Conference 2024, organized at Mahatma Mandir. Shri Gursharan Singh told the Chief Minister that the youth of Gujarat are highly enthusiastic about building careers in the semiconductor sector, particularly in technical positions such as engineers, technicians, and operators.  Micron is actively training these…

New Delhi : Saloma Yomdo has been appointed as the Director of Exploration & Development at Oil India Limited (OIL), India’s oldest oil and gas company and the youngest Maharatna CPSE under the Government of India, effective July 19, 2024. A graduate in Petroleum Engineering from the Indian Institute of Technology (Indian School of Mines), Yomdo joined Oil India in 1994. Before his current role, he served as the Executive Director (Exploration & Development) at OIL, overseeing exploration and development…

NEW DELHI: A major Microsoft software outage has severely disrupted IT networks across multiple businesses, banking services, and international airlines, affecting millions of people globally. In India, the check-in systems for IndiGo, Akasa, and SpiceJet airlines have been impacted nationwide. Airlines worldwide have reported their check-in systems being down since morning due to the outage and are working with Microsoft to resolve the issue. The Mumbai airport has been the hardest hit, while disruptions at Delhi airport are minimal, primarily…

Ratings agency ICRA has upgraded the rating of Adani Ports and Special Economic Zone (APSEZ) to AAA/Stable from AA+/Stable. The company’s long-term fund-based/non-fund-based facilities, non-convertible debentures (NCDs), and commercial papers have all been upgraded to AAA/Stable. APSEZ announced the development after market hours. On July 18, Adani Ports shares ended at Rs 1,491.95 on the NSE, down by Rs 7.10 or 0.47%. The company plans to ramp up its investment to Rs 100 billion ($1.2 billion) to boost its southern…

Gorakhpur : The special identity of Gorakhpur also includes products of terracotta sculpture. Ever since Chief Minister Yogi Adityanath included terracotta in the ODOP (One District One Product) scheme seven years ago, the business of this clay sculpture has been growing day by day. Terracotta business will now be licensed through the Common Facility Center (CFC). Two CFCs are already in the process from District Industries Center and now Safe Society, an NGO in association with SIDBI (Small Industries Development…

India and Malaysia have decided to increase cooperation between the two countries in the field of  Oil palm and other sectors. This was discussed during the meeting of the  Union Minister for Agriculture & Farmers Welfare and Rural Development, Shri Shivraj Singh Chouhan and the  Minister of Plantations and Commodities of Malaysia, Shri Datuk Seri Johari Abdul Ghani. The Malaysian Minister is on a visit to India from 16-19 July 2024 and met Shri Shivraj Singh Chouhan today at Krishi…

NITI Aayog will unveil its report titled “Electronics: Powering India’s Participation in Global Value Chains” tomorrow on 18 July, 2024. This report is the outcome of extensive analysis of India’s electronics sector including its scopes and challenges. The report lays down the roadmap for the country to become a global manufacturing hub in electronics manufacturing. In the current scenario, 70% of international trade comprises Global Value Chain (GVC) items emphasizing the critical need for India to enhance its GVC participation.…

Expressing gratitude to the U.S. Ambassador to India, Eric Garcetti, for his visit to Adani’s impressive 30 GW Renewable Energy site at Khavda and the bustling Mundra Port. The Ambassador’s visit provided invaluable insights into geopolitics, the energy transition, and the evolving India-U.S. relationship during an open and candid Q&A session with Adani employees. It was truly inspiring to witness Ambassador Garcetti’s deep appreciation and adoption of Indian culture. His enjoyment of kadak chai, celebration of Holi, enthusiastic participation in…