Mumbai, 7th February, 2025: Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited and a leader in India’s renewable energy sector, and Bank of Baroda, one of India’s leading public sector banks have signed a Memorandum of Understanding (MoU) for financing of residential rooftop solar power systems. The MoU will facilitate financing options for residential customers under the Pradhan Mantri…
L&T Dispatches Third Steam Generator for Kaiga Atomic Power Station
Chandigarh, February 07, 2025: The Heavy Engineering arm of Larsen & Toubro (L&T) has achieved yet another milestone by despatching the third Steam Generator (SG), ahead of schedule, for the indigenously developed 10 x 700 Megawatt-electric (MWe) Pressurised Heavy Water Reactor (PHWR) fleet programme. The despatch ceremony took place at L&T’s A M Naik Heavy Engineering Complex at Hazira, Gujarat, in the presence of Nuclear…
Orkla India Names Girish Kumar Nair as CEO of Eastern Operations
India, February 7th, 2025: Orkla India, a subsidiary of Norwegian industrial investment firm Orkla ASA, announces the appointment of Girish Nair as the Chief Executive Officer for the Eastern Business Unit. Eastern is one of the well-known brands in Kerala’s pure spices and masala market. Based in Kochi, Girish Nair will lead the Eastern business team, focusing on expanding Orkla India’s presence in Kerala and…
NSE Academy & NISM Launch Joint Certificate Program
Chandigarh, February 7, 2025: NSE Academy Limited (NAL), a wholly owned subsidiary of the National Stock Exchange (NSE), and the National Institute of Securities Markets (NISM) have entered into a strategic partnership to provide joint certificate program designed to improve the skills and knowledge of both students and professionals in the securities and financial markets. This collaboration between two industry leaders seeks to address the growing demand for quality education…
Royal Enfield’s Adventurer XT: The Ultimate Riding Gear for Extreme Conditions and Adventurous Souls
Pune, 07th January 2025: Royal Enfield, the global leader in the mid-size (250-750cc) motorcycle segment, has launched the newest addition to its comprehensive offering of motorcycling apparel — the Adventurer XT collection, an advanced line of high-performance riding gear tailored for extreme adventure riders. Designed to tackle sub-zero temperatures, torrential rains, and rugged terrains, the Adventurer XT collection underscores Royal Enfield’s commitment to delivering elite…
ReimagineLoveWithBOBCARD 2.0: BOBCARD Offers Exclusive Valentine’s Day Deals on Amazon, Myntra, Flipkart, and More
February 07, 2025: – BOBCARD LIMITED, a wholly-owned subsidiary of Bank of Baroda, unveils its latest campaign, ReimagineLoveWithBOBCARD – 2.0. As the Valentine’s season begins, BOBCARD is ushering in the spirit of celebrating love with an exciting array of offers across popular brands like Amazon, Myntra, Flipkart, Goibibo, Zomato, PVR Inox and more. Whether it’s a romantic dinner, a luxurious getaway, or a thoughtful gift…
NAREDCO NextGen Conclave 2025 Aims to Transform Indian Real Estate’s Future
Mumbai, February 07, 2025: The highly anticipated NAREDCO NextGen Conclave 2025 is set to bring together the brightest minds in real estate to analyze the Union Budget 2025 and explore the industry’s future trajectory. As a premier gathering for next-generation leaders, the conclave will unveil key investment trends, innovative strategies, and policy insights that will define India’s real estate landscape for the next decade. Scheduled…
Multiples Invests ~USD 200 Million to Acquire Controlling Stake in QBurst
Mumbai, India, Fairfax (VA), US | February 7, 2025 – Multiples Alternate Asset Management (“Multiples”), along with its co-investors, announced that it has signed definitive documents to acquire a controlling stake in a high-growth digital product engineering platform, QBurst (“the Company”). This transaction, with an investment of ~USD 200 Million, marks Multiples’ largest control investment in technology services. Founded in 2004, QBurst has grown into…
NMDC Q3 results: Net Profit Rises 30% to Rs 1944 Cr, Revenue up by 21%
For Q3 and 9 months under review financial parameters have seen growth which are: Q3 FY’25 9M FY’25 FY 24-25 FY 23-24 Growth % FY 24-25 FY 23-24 Growth % Profit After Tax (Rs in crore) 1,944 1,492 30% 5,196 4,170 25% Profit Before Tax (before exceptional) (Rs in crore) 2,630 2,252 17% 6,946 5,859 19% Profit Before Tax (After exceptional) (Rs in crore) 2,630 2,000 32% 6,946 5,607 24% Turnover (Rs in Crores)…
Nitesh Banga Named CEO of Virtusa Succeeding Santosh Thomas
Mumbai, India, 7th February 2025: Virtusa Corporation, a global leader in digital business strategy, digital engineering, and IT services, today announced a leadership transition with the appointment of Nitesh Banga as President and CEO, effective February 3, 2025. Nitesh will succeed Santosh Thomas, who is stepping down to pursue outside opportunities. Mr. Thomas has agreed to stay on as a strategic advisor through the transition…