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On August 21, 2024, GAIL (India) Limited and US-based Petron Scientech Inc signed a Memorandum of Understanding (MoU) to explore the development of a 500 Kilo Tonne per Annum (KTA) bio-ethylene plant in India. This initiative will involve a 50:50 joint venture, where both companies will conduct feasibility studies to evaluate the technical and financial…

Tata Power Solar Systems Ltd (TPSSL) has signed an agreement with ICICI Bank to provide financing for solar units to residential and corporate customers. As part of the agreement, the customers can avail themselves of loans up to Rs 90 lakh with collateral-free options and tenure extending up to 5 years. TPSSL collaboration with ICICI…

In the realm of grandeur and opulence, the world’s largest shopping malls are more than just retail spaces; they are architectural marvels that merge the retail industry with global consumer experiences. Beyond offering a vast array of products, these malls serve as entertainment hubs, blending leisure and luxury seamlessly. This article takes you through the…

The Union Ministry of Finance plans to divest a 6.78% stake in General Insurance Corporation of India (GIC Re) through an offer-for-sale (OFS) to raise approximately Rs 4,700 crore. This will be the first stake sale since GIC Re’s listing in 2017. The sale will commence on Wednesday for non-retail investors, with retail investors and…

Dr. Girish Sahni, the former director-general of the Council of Scientific and Industrial Research (CSIR), passed away on August 19, 2024, at the age of 68. Sources reported to The Hindu that the cause of death was a heart attack. CSIR expressed its mourning through a post on X (formerly Twitter) at 5:40 pm on…