SWELECT Energy Systems, a Chennai-based solar energy company has launched Off-Grid Solar Cooking — a clean-energy cooking solution for induction stoves. The solution uses solar PV Panels to power standard…
Category: Companies
Rural households spending on premium FMCG products jumps up by 10%
Premiumisation is no longer just an urban phenomenon as rural consumers are also looking at indulgence largely aided by small packs. Rural households are adopting both premium and super premium…
Japanese medical devices firm Create Medic plans to expand India operations
Japanese company Create Medic, a manufacturer of silicone catheters used in the healthcare industry, has announced plans to expand its operations in India, which includes setting up of sales offices…
Shoemaker Allbirds stock jumps nearly 400% after rebranding to AI company
Shares of Allbirds jumped 373% on 15 April after the company announced that it would exit the shoe market and pivot towards artificial intelligence (AI) instead, Bloomberg reported today. The…
Tata Motors bets on flexible powertrain production lines even as EV bus momentum grows
Tata Motors Ltd is prioritizing flexible production over a dedicated electric vehicle (EV) bus line, as it looks to stay agile in a tender-driven market where demand can quickly shift…
LIC must bridge tech gap with private peers, says DFS secretary Nagaraju
Life Insurance Corporation of India (LIC) must accelerate its digital transformation despite being an early technology adopter, department of financial services (DFS) secretary M. Nagaraju said on Wednesday at the…
Codelco in talks with Hindustan Copper for Chile copper joint venture
Codelco is negotiating a copper venture with Hindustan Copper Ltd. as the Chilean state-owned miner turns to foreign partnerships to develop unexploited deposits, according to people familiar with the matter.…
Appoint Administrator to run Sir Dorabji Tata Trust: Mehli Mistry
Mehli Mistry, who stepped down from the Tata Trusts as a Trustee in November last year after being denied reappointment, has called for an Administrator to be appointed to run…
Vedanta set for strong March quarter with aluminium, zinc driving growth
Anil Agarwal-led Vedanta is expected to deliver a strong March-quarter performance with analysts forecasting a 50–60 per cent year-on-year surge in EBITDA, supported by favourable commodity prices and improved cost…
JioHotstar to launch HBO Max in India, following expanded partnership with Warner Bros. Discovery
on Wednesday expanded its content slate to include HBO Max shows, making the platform the exclusive home for HBO Max in the OTT market in India. Following the expanded partnership…