Tata Power DDL says TQM practices helped improve electricity supply reliability by 70 pc
New Delhi: Tata Power Delhi Distribution Ltd on Tuesday said its total quality management practices (TQM) has helped it improve electricity supply reliability by about 70 per cent in the past five years. TQM practices also played an important role in reducing aggregate technical and commercial losses (AT&C) of Tata Power Delhi Distribution (Tata Power […]
India has potential to produce 8-10 mn tonnes of sustainable aviation fuel by 2040: Report
New Delhi: India has the potential to produce 8-10 million tonnes of Sustainable Aviation Fuel (SAF) by 2040, and investments worth USD 70-85 billion will be required to achieve the projected production, according to a report. In the report released on Tuesday, leading consultancy Deloitte India said the 8–10 million tonnes production of SAF would […]
Shashi Kumar Singh becomes President of All India Rubber Industries Association
New Delhi: The All India Rubber Industries Association (AIRIA) on Tuesday said Shashi Kumar Singh has been elected as its President for the term 2024-25. AIRIA, established in 1945, is an apex body for rubber industries in India. The association has unanimously elected the office bearers for the year 2024-25 in the Annual General Meeting […]
BioPrime raises USD 6 million from investors to expand business
New Delhi: Startup BioPrime on Tuesday said that it has raised USD 6 million from investors to expand its business. BioPrime raised USD 6 million in Series A round, led by Edaphon, with equal participation from existing investors Omnivore and Inflexor, the company said in a statement. BioPrime was founded in 2016 by Dr Renuka […]
Not applying for benefits under India’s new EV policy in short term: BYD
New Delhi: Chinese electric vehicle maker BYD is not ready to apply for benefits in the short term under India’s new EV policy announced earlier this year that seeks to attract global manufacturers to the country, a senior company official said on Tuesday. The company, which launched its new all-electric multipurpose vehicle eMAX 7 priced […]
Embassy REIT raises Rs 2,000 crore to repay NCDs maturing in Oct
New Delhi: Embassy Office Parks REIT has raised Rs 2,000 crore debt to repay non-convertible debentures maturing this month. In a regulatory filing on Tuesday, Embassy REIT said it has raised “Rs 2,000 crore of coupon-bearing debt at an interest rate of 7.95 per cent.” Embassy REIT will utilise the proceeds from this debt raise […]
magicpin records 15x order growth on ONDC network in 15 months, crosses 1.5 lakh daily orders
New Delhi: Hyperlocal e-commerce firm magicpin on Tuesday said it has crossed the 1.5 lakh-mark for daily order of food and logistics services on the government-backed ONDC platform, registering a 15-times growth over 15 months. magicpin joined the Open Network for Digital Commerce (ONDC) network in March last year with 22,000 restaurant partners, which the […]
PE inflow in real estate jumps over two-fold to USD 2.2 bn in Jul-Sep: Savills India
New Delhi: Private equity investments in the real estate sector jumped over twofold to USD 2.2 billion in July-September as investors look for gains amid strong property demand, according to Savills India. In the year-ago period, private equity (PE) investments in real estate stood at USD 934 million. Real estate consultant Savills India also noted […]
Govt appoints Executive Chairman of Legal Services Authorities of J&K, Ladakh
SRINAGAR: On the recommendation of Chief Justice, High Court of J&K and Ladakh, Tashi Rabstan, the J&K government and Ladakh Administration has appointed Justice Atul Sreedharan as Executive Chairman of Jammu & Kashmir Legal Services Authority and Justice Sanjeev Kumar as Executive Chairman of Ladakh Legal Services Authority respectively. These appointments have been made vide […]
Power shutdown
JAMMU: Superintending Engineer (Distribution) JPDCL, O&M Circle Kathua has informed that the power supply to Smailpur, Ansal and adjoining areas will remain affected on October 10 from 7 am to 10 am. Similarly, the power supply to Meen, Birpur and adjoining areas will remain affected on October 09 and 13 from 7 am to 10 […]
