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Subscribe to enjoy similar stories. Adani Green Energy Ltd is undertaking significant investments in building its renewable generation capacity, aiming to quadruple it by 2029-30. But while the company has secured land bank to build mega solar plants, it would still need to win bids and find buyers to reach its target.

IPO of Bajaj Housing Finance might have a spillover effect on the overall NBFC sector with the anticipated interest rate cuts going forward and valuations remaining attractive. Bajaj Housing Finance raised Rs 6,500 crore through its IPO and received overwhelming market response with bids exceeding Rs 3 lakh crore. This strong interest was driven by factors such as strong parentage, reasonable valuations, and the current IPO euphoria.

HCLTech late night Thursday said that it completed the acquisition of Paris based software company, Zeenea SAS. The acquisition valued Zeenea at $26.5 million (23.9 million euros), according to a BSE filing. This is the second acquisition that the company made in the first half of the current fiscal. Three months ago in May, the IT major announced its plans to acquire certain assets of Hewlett Packard Enterprise’s (HPE) Communications Technology Group (CTG) for $225 million (approximately Rs1,874 crore). HCLTech had announced its intention to acquire Zeenea in August 2024. Zeenea specialises in data catalog and governance solutions. HCL plans to use this acquisition to enhance its data and analytics business (Actian).

Sebi) Chief Madhabi Puri Buch stated on Friday that she had complied with all disclosure and recusal guidelines issued by the regulator. In a personal statement, the head of India's market regulator declared that all allegations against her were completely false, malicious, and derogatory.

This research, carried out by Thomas Costello at the Massachusetts Institute of Technology and colleagues, shows promise for a challenging social problem: belief in conspiracy theories. Some conspiracy theories are relatively harmless, such as believing Finland doesn't exist (which is fine, until you meet a Finn). Other theories, though, reduce trust in public institutions and science.

food delivery giant have performed exceptionally well, giving multibagger returns of 126% in the current calendar year and analysts are still positive on the future ambitions of the company. Zomato’s overall strategy reflects a strong focus on profitability and scaling across multiple verticals. The food delivery segment remains the core of its business, where Zomato has achieved steady growth, reaching 13% GMV growth in USD terms by the end of FY24.

Subscribe to enjoy similar stories. More than four weeks after US-based short-seller Hindenburg Research fired a salvo at the chairperson of India’s capital markets regulator Securities and Exchange Board of India (Sebi), Madhabi Puri Buch, the controversy over her alleged role in the story refuses to die down.

Subscribe to enjoy similar stories. “The next industrial revolution has begun." Jensen Huang, chief executive of Nvidia Corp., on the earnings call for the chipmaker’s financial second quarter ended 28 July. A glimpse of this revolution was already visible in Nvidia’s full-year earnings for 2023-24.

Indian equities had a euphoric day on Thursday as Nifty made a fresh high above 25400 levels amid strong buying witnessed in the last hour of the session. «Overall we expect the market to continue its ongoing momentum on the back of healthy buying by FIIs and retail participation at every dip. Key event to watch out on the domestic front — India’s inflation data,» said Siddhartha Khemka, Head — Research, Wealth Management, Motilal Oswal.

Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...

Swiss bank accounts as part of an investigation into allegations of money laundering and securities forgery linked to the Adani Group, alleged Hindenburg Group citing newly released Swiss criminal court records. In a post on X on Thursday, the US short-seller said that the probe, which dates back to 2021, has shed light on financial practices involving opaque offshore entities tied to the Indian conglomerate. As per a report by Swiss media, Geneva Public Prosecutor's Office was investigating alleged wrongdoing by the Indian conglomerate Adani well before activist investors from Hindenburg Research made the first accusations.

Indian Navy and the DRDO on Thursday successfully carried out a flight test of a vertical launched short-range surface-to-air missile off the coast of Odisha. The flight test was conducted from a land-based vertical launcher, targeting a high-speed aerial target flying at a low altitude. The missile system successfully tracked and engaged the target, the Defence Ministry said. «The Defence Research and Development Organisation (DRDO) and the Indian Navy successfully conducted the flight test of the Vertical Launch Short Range Surface-to-Air Missile (VL-SRSAM) from the Integrated Test Range (ITR) in Chandipur, off the coast of Odisha,» it said.

Shares of Moderna tumbled early Thursday after the vaccine developer said it was cutting research and development spending and pushed back its time frame for breaking even

Bio-E3 policy marks a crucial step in positioning India as a global bio-economy leader and is set to spark a «bio-revolution» in India similar to the IT revolution in the Western world, Union minister Jitendra Singh said on Thursday. The BioE3 policy was formally launched last month and aims to facilitate sustainable and efficient utilisation of biological resources for innovation, scaling-up and bio-manufacturing of specialty chemicals, enzymes, bio-polymers, functional foods, smart proteins, veterinary products, precision bio-therapeutics and services. Speaking at the Global Bio-India Summit 2024, Singh, the Minister of State (Independent Charge) for Science and Technology, said the policy marks a crucial step in positioning India as a global bio-economy leader. Singh highlighted the importance of the Global Biotech platform, which brings together a diverse range of stakeholders, including start ups, SMEs, large industries, research institutes, and international bodies.

Biocon Chairperson Kiran Mazumdar-Shaw on Thursday called for more investment in research and development to drive innovation and foster culture of intellectual property. She highlighted how the country, already the world's largest exporter of generics and a major player in vaccine production, can achieve greater value by nurturing innovation. Mazumdar-Shaw called for a shift in focus toward value creation through innovation. «India ranks 14th in terms of value in the global pharma landscape. We need to invest in R&D and foster a culture of intellectual property to capture greater value,» she said. Addressing a session during the Global Bio-India 2024 event, she positioned the country as a future global leader in biosciences and innovation.

₹750 crore, or 25% of Ather’s fresh issue, is earmarked for research and development (R&D), which is comparable to Hero’s FY24 R&D budget of ₹826 crore, or around 2% of its revenue. Read this | With Rizta, Ather looks to bond better with family scooter market The other objective of the issue is the capital expenditure of ₹927 crore for setting up a new plant in Maharashtra with initial capacity of 500,000 units. The existing capacity at the Tamil Nadu plant is about 400,000 units, though its capacity utilization is only around 30%.

Walking is one of the easiest forms of exercise, but have you ever tried walking before bed? A 30-minute evening walk not only refreshes the mind but can also offer several surprising health benefits. Adding a nighttime stroll to your routine can do wonders for your physical and mental well-being. Let’s dive into the key benefits of walking before bed and how to maximise your evening walk.

Mint explains: Customers visiting McDonald’s in southern and western India can now munch on a ‘multi-millet burger bun’, instead of ones made from refined flour. These are not 100% millet buns. Millets—Jowar, Bajra, Ragi, Proso and Kodo—make up 22% of the buns.

MoneyTransfers.com while carrying out a research gave a shocking revelation that the ratio of tourist to citizen in the beautiful country is near about 1:3.6, reported the Independent. Right now, Austria is accepting nearabout 32 million international tourists each year whereas, the country itself has a mere population of only 9 million. As very famous European countries like Spain, Greece and many more are suffering with over tourism, Austria has emerged out at the top mostly because of its beautiful capital Vienna.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...