Category Archives: Business

Rising Sun Energy emerges winner in NTPC auction

Small and mid-sized renewable energy developers in India are increasingly bidding for solar power generation tenders, powered by freshly raised capital. According to sources, the winner in the latest solar auction in the country was Rising Sun Energy, a small developer which bagged a 190MW project in an auction conducted by state-run power, Rising Sun […]

India Ratings increase the outlook of the banking sector to ‘stable’

In order to stabilize from negative for fiscal 2021-2022, India Ratings and Research revised its outlook on the overall banking sector on Monday, even as it sees higher stress emerging in the retail loan segment going forward. The outlook for public sector banks (PSBs) has been revised to positive from negative, and the agency appears […]

The journey of Indian currency makes India rise

As huge inflows into the nation’s capital markets help the currency break through the intervention barrier of the central bank, the Indian rupee is turning a corner. Last year, Asia’s poorest currency is now among its top performers. The rupee has risen 0.6% against the dollar this year, and there are signs it might continue […]

Apple Plans Major ‘Make in India’ Expansion For iPads

Apple is fast diversifying its production to markets like India to minimize the impact of the US-China trade war and COVID-19 crisis. Apple Inc. is planning to participate in a new scheme launched with a $6.7 billion plan by the Indian government, as PM Narendra Modi stepped up efforts to promote electronics manufacturing to boost […]

MAMAEARTH TO HIRE 200 PEOPLE FOR BUSINESS EXPANSION

MAMAEARTH TO HIRE 200 PEOPLE FOR BUSINESS EXPANSION

Mamaearth, a personal care brand, which is being run by Honasa Consumer Pvt Ltd (HCPL) has achieved an annualized revenue run rate of Rs. 500 crores and the company is planning to double the revenue run rate in upcoming years. The company needs more people to achieve its objectives, 300 people are already in the […]

Marico expects mid-teen volume growth

Marico, one of the leading companies in India who deals with consumer goods and services, and provides products and services of beauty and wellness. The company is expecting to have mid-teen growth in terms of volume in next couple of quarters. It will be possible with the improvement in consumer demand in rural markets. In […]

COCA- COLA releases its first paper bottles to reduce pollution

COCA- COLA releases its first paper bottles to reduce pollution

This summer, the Coca-Cola Company’s first paper bottle prototype is moving from the laboratory to the marketplace via a small online trial in Hungary. The series of 2,000 bottles of AdeZ beverage will be offered in a pioneering package through e-grocery retailer Kifli.hu., and the Carlsberg beer company is also building prototypes for a bottle […]

Civil Aviation Ministry sets new SOPs for international flights and travellers

The Union Health Minister had issued new Guidelines for international arrivals to stop the spread of coronavirus. As it is seen that most of cases are found in foreign travelers or person who visit any foreign country and got infected by virus. These New Standard Operating Procedures (SOPs) are commencing from mid night 11.59pm on […]

Amara raja all set to work on lithium-ion cells

Amara Raja Batteries, is the country’s second-largest automotive battery maker, the company has opened the country’s maiden technology hub to develop lithium-ion cells, at its Tirupati facility in Andhra Pradesh. The advanced lithium-ion technology research hub is the pilot project located at its headquarters in Tirupati, will become the country’s first lithium-ion cell manufacturing facility […]

Airtel Crosses Jio in mobile Customer Addition, Country’s Telecom base rises to 1.17 billion

Airtel Crosses Jio in mobile Customer Addition, Country’s Telecom base rises to 1.17 billion

Airtel has again regained the primary position after several years crossing Jio, within the number of consumers this year. From September 2020 till today airtel has the highest increase within the number of consumers crossing Jio and leaving everyone behind. Airtel is now the foremost loved telecom network as per the stats. The telecom subscriber base grew to 1.17 billion within the last October with Bharati Airtel, maintaining its leadership […]