The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with the Global Energy Alliance for People and Planet (GEAPP) to support early-stage climate-tech startups in India.The partnership aims to provide these startups with access to funding, mentorship, and growth opportunities.Under the agreement, GEAPP will launch the Energy…
Days after the resignation of Gensol Engineering‘s promoters, Chief Financial Officer (CFO) Jabirmahendi Mohammedraza Aga has stepped down from his position with immediate effect, adding to the turmoil at the crisis-hit company.In his resignation letter, disclosed through stock exchange filings, Aga pointed to the severe challenges currently facing the company. He noted that multiple regulatory…
NEW DELHI: India’s chemical industry is well-positioned to capitalise on ongoing disruptions in European chemical operations, according to a recent analysis by B&K Securities, as reported by news agency ANI. The report highlights that high operational costs across the EU27 have eroded production efficiency, opening a window for Indian chemical manufacturers to expand their presence…
Jyotiraditya Scindia (Photo- ANI) Union Minister of Communications Jyotiraditya Scindia on Saturday said that India is poised to play a leading role in formulating global regulations for 6G technology, as the country continues to accelerate its presence in the global telecommunications landscape under the leadership of Prime Minister Narendra Modi.“A telecommunication revolution is rapidly unfolding…
US President Donald Trump has frowned upon Apple’s expansion plans in India. (AI image) Foxconn, Apple’s Taiwanese manufacturing partner, is set to start iPhone shipments from its Karnataka facility in June, with final inspections currently underway for commercial dispatch.This new facility will become Foxconn’s second-largest iPhone manufacturing centre, after its Chinese operation.Sources familiar with the…
The recently signed Free Trade Agreement (FTA) between India and the United Kingdom is expected to enhance bilateral trade, with projected annual growth of around 15 per cent until calendar year 2030, according to a report by credit rating and research agency CareEdge.India and the UK signed the FTA on May 6, 2025, concluding nearly…
The Securities and Exchange Board of India (Sebi) resolved a total of 4,239 investor complaints through its online grievance redressal platform, SCORES, in the month of April, the market regulator said in a public notice on Friday.During the month, Sebi received 4,341 new complaints. As a result, the total number of unresolved complaints stood at…
Gold prices to see market correction in short term (AI-generated image) Gold prices are expected to fluctuate between $3,050 and $3,250 per ounce in the second quarter of 2025, according to a report by ICICI Bank Global Markets, while suggesting a short-term correction of declining prices.After rising nearly 25 per cent during January to April…
CEO Byju Raveendran in interview with ANI NEW DELHI: In his first extensive pubsince Byju’s came under intense scrutiny, founder and CEO Byju Raveendran has laid out a renewed vision for the embattled ed-tech company- “Byju’s 3.0”– with a sharp focus on returning to its roots: empowering teachers, prioritizing students as he explained on why…
IPO-bound eCommerce enablement platformShiprocket has unveiled India’s first AI-integrated Model Context Protocol (MCP) server, a move the company described as a major leap towards autonomous digital commerce.In a statement released on Friday, Shiprocket said the new MCP server empowers AI agents to autonomously perform core operations — including checking shipping rates, processing orders, and tracking…