Good scope to increase exports from India: Bata

BERN, : Footwear maker Bata sees good potential to boost its exports from India, a top company official said on Monday.   “We mainly export leather shoes from India…it’s in millions…scope and potential is there (to increase that),” Bata Brands SA CEO Sandeep Kataria said, adding that India will be “our second largest” hub for […]

Over 350 Indian cos join London Tech Week 2025, the largest ever

LONDON,: Over 350 Indian technology companies joined the London Tech Week, which started on Monday, making it the largest-ever delegation from the country to attend the event. The companies include a diverse mix of high growth and established firms such as The Black Box, Digi Osmosis, Bahwan CyberTek, Arya.ai, Mphasis, Helios Batteries, Fynd, Hyperready, MoneyHOP, […]

SBI pays Rs 8,076.84 cr dividend to govt for FY25

 NEW DELHI,: The country’s biggest lender State Bank of India (SBI) on Monday paid a dividend of Rs 8,076.84 crore to the government for the financial year 2024-25.   The dividend cheque was presented to Finance Minister Nirmala Sitharaman by SBI Chairman C S Setty in the presence of Financial Services Secretary M Nagaraju and Finance […]

Vecmocon Technologies raises over  USD 18 million in Series A round

 MUMBAI  Deep-tech startup Vecmocon Technologies on Monday said it has raised over USD 18 million (about Rs 153 crore) in Series A funding round.   The round was anchored by sustainability focused venture capital fund EIF with participation from Aavishkaar Capital and BII, U.K.’s development finance institution as well as existing investor Blume Ventures, the […]

NTPC Group starts Nokh Solar PV Project,  total capacity reaches 80,708 MW

 NEW DELHI,:  State-owned power giant NTPC Group has started commercial operations of 193 megawatt capacity at its Nokh Solar PV Project in Rajasthan, taking its overall operational capacity to 80,708 megawatt.   “…consequent upon successful commissioning, 193 MW out of 245 MW capacity at plot-3 of Nokh Solar PV Project (3x245MW), Rajasthan, is declared on […]

Jio BlackRock Mutual Fund appoints leadership  team to drive operations

 NEW DELHI,: Jio BlackRock Asset Management Private Ltd, a 50:50 joint venture between Jio Financial Services Limited (JFSL) and US-based BlackRock, on Monday announced the appointment of its executive leadership team to drive operations.   The mutual fund company had already announced the appointment of Sid Swaminathan as managing director and CEO last month. Jio BlackRock […]