Amazon announced on Wednesday that it would build three solar parks in Rajasthan with a total output of 420 megawatts (MW). This is the first time the e-commerce major has built a solar farm in India. These include a 210MW
India has discussed ways to increase cooperation among IBSA countries on key issues on the international agenda in various multilateral fora, including the UN, WTO and G20. The IBSA (India, Brazil, South Africa) has become an important tripartite grouping
Tata Group-owned Air India on Thursday signed an agreement with Florida-based Willis Lease Finance to sell 34 old engines and lease their new replacement to reduce maintenance costs and avoid unpredictable service calls. The 34 old CFM56-5B engines power
Mahindra & Mahindra Financial Services Ltd. announced on Friday that the company will immediately implement the Reserve Bank of India’s order by halting any recovery or redemption activities through outsourcing arrangements. The Mumbai-based non-bank financial firm confiscates about 4,000 to
Manesh Mahatme, the head of WhatsApp’s payments business in India, has left the Meta Platforms-owned company after around 18 months and is reportedly set to move to Amazon, where he previously worked. Last year, Mahatme joined WhatsApp from Amazon where
Ford India, the subsidiary of US-based automaker Ford, said Thursday it had reached an agreement with workers’ union over the severance package after the company decided to close its Tamil Nadu plant as part of a restructuring. Accordingly, the
While thanking New Delhi for its humanitarian aid, Ukrainian Prime Minister Denys Shmyhal called on India to “join forces” to stop the Russian invasion when he met Foreign Minister S. Jaishankar on Wednesday. “I stressed the need to join
On the back of post-pandemic economic recovery and higher lending growth, Indian banks’ gross non-performing assets (GNPAs) are expected to improve by 90 basis points (bps) year-on-year to 5% this fiscal year and a further 100 bps per decade from
Dipali Goenka, CEO & MD, Welspun India, interacted with the women at the show and appreciated their efforts. Image Courtesy: Welspun India Welspun India, one of the leading Indian textile companies, focuses largely on the development of its employees and
Finance Minister Nirmala Sitharaman said today data security is a top priority even as the country plans to continue working on facilitating financial services over the next 25 years. The FM says there is a need to prepare for investments