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India’s move to energise every village in the country with electricity is one of the greatest success stories in the world this year; providing clean cooking fuel to people is another laudable achievement that will reduce premature deaths from pollution, the International Energy Agency (IEA) said. IEA, the global energy watchdog for the developed world, […]

US-headquartered breakfast cereal giant Kellogg plans to give a desi twist to its Indian operations. More than two decades after setting foot in India, the Michigan based company has kick-started discussions with iconic home-grown snack maker Haldiram’s for a mega alliance, multiple sources familiar with ongoing negotiations told ET NOW on the condition of anonymity. […]

The National Basketball Association (NBA) and fast-food chain McDonald’s have entered in to a partnership to introduce NBA-themed promotions and interactive NBA Experience Zones in select McDonald’s locations in 39 cities across India. The one-month tie-up starting November 14, will allow the burger joint to give away an NBA-branded basketball with every family meal purchase […]

Automobile major Hyundai Motor India Limited (HMIL) would sign a MoU with the Tamil Nadu government in January 2019 to take up Rs 7,000 crore expansion work at its facility here, a top official said. The management of Hyundai Motor India, led by its Managing Director and CEO, Y K Koo, vice-president (corporate affairs), B […]

The power ministry would soon bring an electric vehicle (EV) charging infrastructure policy, which will also allow individuals to set up charging station for commercial use to boost e-mobility, said Power and New & Renewable Energy Minister R K Singh. “We have circulated the EV Charging Policy for comments (among other department/ministries). The second line […]

The UK-based metals group Liberty House announced that it has secured financing from a group of international banks for the purchase of Rio Tinto’s aluminium smelter in Dunkirk in France. “British-owned Liberty, part of Sanjeev Gupta’s global GFG Alliance, has announced that it has entered into a committed financing agreement with a syndicate of major […]

Raymond expects around 20 per cent of its textile and apparel retail business in India to come from small towns, where it is opening ‘Mini TRS’ stores catering to aspirations of the people , a company official said. The company, which has recently achieved the target to open its 200th ‘Mini TRS’ (The Raymond Shop), […]

The Tripura government will soon start a dialogue for the purchase of 26 per cent equity shares of the Palatana gas thermal power project from the Infrastructure Leasing and Financial Services (IL&FS). The 726.6 mw gas-based power project, run by ONGC Tripura Power Company (OTPC), was formally started in 2014 as a joint venture of […]

Nettlinx (India) has partnered with Japanese investment firms –Takara Leben Company and Kuni Umi Asset Management Corporation for setting up the first waste-to-energy plant in Telangana. Both the Japanese companies plan to jointly invest up to 30 percent of equity in the SVGreen 12 MW waste-to-energy plant and are considering follow-up investments in other Nettlinx […]

Welspun Enterprises said it has bagged a Rs 1,460 crore road project from PWD in Maharashtra. The company has received the letter of award from PWD, Government of Maharashtra, for upgradation of roads/two-laning of roads/ two-laning of roads with paved shoulder under Maharashtra Road Improvement Programme (MRIP) Package on Hybrid Annuity Mode (HAM) in Amravati, […]