Gurugram-based electric mobility startup Drivn, founded by Manav Bansal and Alpna Jain, a former NITI Aayog executive, has built a $140 million capital pool, including an $80 million investment from…
Category: Companies
Tata Trusts move to allow non-Zoroastrians won’t validate current trustees: Mehli Mistry
BENGALURU/MUMBAI: Former Tata Trustee Mehli Mistry has said that Tata Trusts’ plan to amend restrictive clauses that limit trustee eligibility at an affiliate trust to Zoroastrians amounts to an admission…
JSW Steel, POSCO tie up for Odisha steel plant amid South Korea President’s India visit
JSW Steel Limited and South Korea’s POSCO Group have entered into a Joint Venture Agreement to establish a greenfield integrated steel plant in Odisha. According to a regulatory filing, the…
Adani Power steps into nuclear energy with new subsidiary CMAEL
Adani Power Ltd is advancing its nuclear energy ambitions with the incorporation of a step-down, wholly owned subsidiary, Coastal-Maha Atomic Energy Ltd, which will undertake the generation, transmission, and distribution…
Petition alleges violation of trusteeship norms in Sir Ratan Tata Trust
The battle over control of the Tata Trusts has acquired yet another dimension with a petition filed by a lawyer with the Charity Commissioner, Mumbai, on Saturday, drawing his attention…
Ads on tap: Why Jaquar still values old-school marketing in the age of AI
Nearly four years ago, Jaquar Group launched a series of ads about an entirely new business it had entered: lights. For a company synonymous with bathroom fittings, it was a…
Cognizant’s board will oversee its AI usage
Cognizant Technology Solutions Corp. has become the first homegrown information technology (IT) services company to grant its board complete oversight of artificial intelligence, underlining the technology’s importance amid an uncertain…
Tata Trusts affirms its faith in the CEO; it will review restrictive clauses that limit eligibility in the smaller trust
Tata Trusts on Sunday said it plans to amend restrictive clauses that currently limit eligibility for trustee positions at an affiliate trust to Zoroastrians, even as it affirmed confidence in…
Merz Sets Crisis Talks to Tackle Energy Price Impact on Germany
(Bloomberg) — Chancellor Friedrich Merz said he plans to convene Germany’s national security council to discuss the global energy crisis, signaling increased concern about its impact on Europe’s biggest economy.…
Weather delays summer sales, industry bets on late surge
After unseasonal rains in late March and early April delayed the onset of peak summer demand in several regions, makers of summer-centric products say sales are now beginning to pick…