New Delhi, June 25: The Ashoka Centre for a People-centric Energy Transition (ACPET) and Tata Power Delhi Distribution Limited (Tata Power–DDL) have signed a five-year Memorandum of Understanding (MoU) to advance research, innovation, and capacity building in the domain of the energy and power sector, and to create innovative solutions to support India’s overall energy transition. The partnership brings together ACPET’s expertise in research, data analysis, energy policy, and sustainable transitions with Tata Power–DDL’s operational experience as one of India’s leading power distribution entities. Through this collaboration, the…
Sensex and Nifty End Marginally Higher Despite Late Selling Pressure
June 25: Indian equity benchmarks closed marginally higher in a volatile trading session, as early gains were partially erased by late selling pressure. Despite intraday fluctuations, both Sensex and Nifty managed to end in positive territory, reflecting a cautious yet stable market sentiment. The session witnessed a strong start, supported by selective buying across key sectors. However, profit booking in the latter half of the…
India-Led BRICS Initiative Launches Digital Centre of Excellence for Smart Grids and Energy Storage
June 25: Marking a significant milestone in international energy cooperation, BRICS nations have officially launched a Digital Centre of Excellence (DCoE) dedicated to Smart Grids and Energy Storage under India’s chairmanship. The initiative is aimed at fostering innovation, knowledge-sharing, and technological collaboration among member countries in the rapidly evolving energy sector. The newly established Centre of Excellence will serve as a collaborative platform for research,…
FIA delivers strongest set of financial results in a decade
Federation continues its financial transformation since election of H.E. Mohammed Ben Sulayem as President in 2021 Dubai, UAE, June 25: The Fédération Internationale de l’Automobile (FIA), the global governing body for motor sport and the federation for mobility organisations worldwide, has today reported its strongest operating result in 10 years. For FY2025, the FIA delivered an operating profit of €6.7m, up 43% year-on-year…
Indian Stock Market Remains Attractive for Long-Term Investors: Report
June 25: The Indian stock market continues to be one of the most attractive investment destinations for long-term investors, according to a recent market report. The report highlights India’s strong economic fundamentals, growing domestic consumption, increasing infrastructure investments, and supportive policy environment as key factors driving optimism in the equity market. According to the report, India remains well-positioned to sustain its growth momentum despite ongoing…
Pegasystems Unveils Strategic India Investment with New Bengaluru Executive Briefing Center
Hyderabad, June 25: Pegasystems Inc. the enterprise AI software company for mission-critical work, today inaugurated its new office at EcoWorld Tech Park, Bengaluru. The facility, built with an investment in excess of INR 60 crore, marks one of Pega’s most significant infrastructure expansions in India and underscores the company’s long‑term commitment to the country as a core hub for technology innovation, engineering excellence, and client…
RAKEZ session helps SMEs strengthen business foundations through legal insights
Ras Al Khaimah, June 25: Ras Al Khaimah Economic Zone (RAKEZ) recently brought together entrepreneurs, founders, and business leaders for a practical knowledge-sharing session focused on helping SMEs better understand the legal foundations that support sustainable business growth. As businesses navigate increasingly complex operating environments, legal awareness has become an essential part of managing risk, protecting commercial interests, and making informed decisions. The session…
India’s Startup Ecosystem Attracts Robust Funding in H1 2026
New Delhi, June 25: India’s technology sector has attracted $7.2 billion in funding during the first half (H1) of 2026, marking a 12% year-on-year increase and reflecting sustained investor confidence in the country’s digital ecosystem, according to a recent industry report. The rise in funding highlights continued global and domestic interest in India’s tech-driven economy, with investments flowing into startups and companies operating across fintech,…
India Makes First Sea Shipment of Banganapalle Mangoes to Singapore
New Delhi, June 25: In a significant milestone for India’s agricultural exports, Banganapalle mangoes have been exported to Singapore via sea route for the first time, marking a major step towards expanding cost-efficient and scalable logistics for perishable goods. The shipment highlights India’s efforts to diversify export channels beyond air cargo and strengthen cold chain infrastructure for fresh produce. The use of sea transport is…
Government Tourism Schemes Drive Infrastructure Growth Across India
New Delhi, June 25: Government tourism schemes are significantly transforming tourism infrastructure across India, leading to improved connectivity, upgraded facilities, and increased visitor inflows at key destinations. Officials said various central and state-level initiatives focused on tourism development have led to the renovation of heritage sites, development of new tourist circuits, and enhancement of basic infrastructure such as roads, signage, accommodation, and transport facilities. The…