Business

In a significant move to transcend from B2C to B2B approach for tribal communities, Tribal Cooperative Marketing Development Federation of India Ltd (TRIFED) has entered into a strategic partnership with Meesho, Indian Federation of Culinary Associations (IFCA) and Mahatma Gandhi Institute of Rural Industrialization (MGIRI) to facilitate tribal businesses. Memoranda of Understanding (MoU) were signed on 18th February during the ongoing flagship event ‘Aadi Mahotsav’, held at Major Dhyan Chand National Stadium in the National Capital being from 16 to 24…

Revolutionizing Fashion, Sustainability, and Innovation World is adopting the vision of Fashion for Environment and Empowerment, and India can lead the way in this regard. – Prime Minister Shri Narendra Modi Bharat Tex 2025, India’s largest global textile event, was successfully organized from February 14 to 17, 2025, at Bharat Mandapam, New Delhi. The event spanned 2.2 million square feet and featured over 5,000 exhibitors, providing a comprehensive showcase of India’s textile ecosystem. More than 1,20,000 trade visitors, from 120+ countries including global CEOs, policymakers, and industry leaders, attended…

Chennai : REC Limited, through its CSR arm, REC Foundation, has signed a Memorandum of Association (MoA) with Sankara Eye Hospital, Pammal, Chennai wherein REC committed ₹6.00 Crore for the project ‘Eye Care for All’ – an initiative to provide support to 8,000 beneficiaries for cataract surgery. The MoA was formalized on February 17, 2025, between Smt. Thara Ramesh, Chief Program Manager (CPM), REC Regional Office Chennai, and Wg Cdr V. Shankar (Retd), Trustee, Sankara Eye Hospital, in the presence of…

Secretary (Telecom), Department of Telecommunications (DoT), Government of India, Dr. Neeraj Mittal embarked on an official visit to Geneva today to further strengthen India’s global digital leadership and deepen engagements with key international stakeholders in the telecommunication sector. During his visit, Department of Telecommunications (DoT) and the International Telecommunication Union (ITU) signed a Letter of Intent (LoI), marking the beginning of a new phase of strategic collaboration. Through this LoI, both sides intend to initiate discussions regarding the conditions and…

Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman launched the Mutual Credit Guarantee Scheme for MSMEs (MCGS – MSME) for facilitating loans upto Rs. 100 crore to MSMEs for purchase of machinery or equipment without collateral, in pursuance of the Union Budget 2024-25 announcement, at the post-budget stakeholders’ interaction in Mumbai, today. The Union Minister also virtually inaugurated the first ‘Sachal Aaykar Seva Kendra’ at Mumbai, to be operational in Navy Nagar Colaba from 18th and 19th February, 2025, and is…

Driving Global Energy Innovation and Collaboration for a Sustainable Future India is driving not only its growth but also the growth of the world, with the energy sector playing a significant role. -Prime Minister Shri Narendra Modi A Global Energy Confluence India Energy Week (IEW) 2025, held from February 11 to 14, 2025, at the Yashobhoomi Convention Centre, New Delhi, is a premier global event in the energy sector. The event held under the patronage of the Ministry of Petroleum and Natural Gas and organized…

South Eastern Coalfields Limited (SECL), a Chhattisgarh-based subsidiary of Coal India under Ministry of Coal, Govt. of India, has approved ₹170 Crores for various Corporate Social Responsibility (CSR) projects in FY 24-25. These initiatives will significantly boost health, education and skill development infrastructure in the coalfields regions. This allocation surpasses SECL’s statutory CSR budget of ₹99.76 crores for FY 24-25, demonstrating the company’s dedication to community development. These projects will be implemented over the next 2-3 years as per respective…

Targets revenue of over Rs. 500 crores for the full year, pre-adjusted pro forma EBITDA of Rs. 130 crores Chennai : Veranda Learning Solutions Limited, a public listed Education company (BSE: 543514, NSE: VERANDA) and a pioneer in the industry offering end-to-end Education services and solutions, announced its financial results for the third quarter and nine-month period ended December 31, 2024. During the quarter, the pre adjusted operating revenue stood at Rs. 110.33 crores, reflecting a  20% year-on-year growth from Rs. 91.84…

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power, handed over project specific SPV (Special Purpose Vehicle) of ISTS Transmission Project under TBCB route viz, Lakadia B Power Transmission Limited to Reliance Industries Limited on 14th February 2025 at Gurugram.  Reliance Industries Limited (RIL) emerged as the Transmission Service Provider (TSP) through Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for development of…

Bharat Sanchar Nigam Limited (BSNL) has reported a profit of ₹262 crore in the third quarter of the financial year, marking its first return to profitability since 2007. This milestone reflects the company’s focus on innovation, aggressive network expansion, cost optimization, and customer-centric service improvements. Announcing the quarterly financial results, Shri A. Robert J. Ravi, CMD, BSNL, said: “We are pleased with our financial performance this quarter, which reflects our focus on innovation, customer satisfaction, and aggressive network expansion. With…