Business

24 Dec

ArcelorMittal doubles India renewable capacity with $0.9 billion projects, targets 4 MT CO2 cut

Business BureauBusiness

ArcelorMittal on Monday announced three new renewable energy projects in India totalling 1GW of solar and wind capacity, doubling its existing renewable portfolio in the country to 2GW. With these additions, the company’s total global renewable energy capacity will rise to 3.3GW. The first project, a 36MW solar plant at Amaravati in Maharashtra, is scheduled for completion in H1 2027 and is expected to save 0.04 million tonnes of CO2 annually. The second, a 400MW solar facility with 500MWh battery energy storage in Bikaner, Rajasthan, is slated for H1 2028 with estimated annual savings of 0.65 million tonnes. The third…

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24 Dec

GRM Overseas declares record date for 2:1 bonus shares

Purbalee DuttaBusiness, Latest

GRM Overseas shares are set to trade ex-bonus following the company’s 2:1 bonus issue, with Wednesday, December 24 fixed as the record date. Shareholders holding the stock at the close of trading on this date will receive two additional shares for every one share owned, taking their total holding to three shares. On Wednesday, the stock was trading 1.36% lower at ₹166.20, after opening at ₹178.80 earlier in the session. At the market open, the share price was adjusted to account for the bonus issue. This adjustment may appear as a sharp decline on trading screens, but it is only…

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24 Dec

Dario Yazbek Says Meeting Gurudev Felt Like Seeing Vikrant Massey in Person

PreetiBusiness

Mexican actor Dario Yazbek recently spent ten days in India to film the upcoming movie "White," which depicts an event from the life of Gurudev Sri Sri Ravishankar. In this project, actor Vikrant Massey portrays the spiritual guru. Yazbek described his Indian experience as transformative and revealed that he had manifested this opportunity the previous year, indicating that he had envisioned the trip well in advance. Two weeks prior, Dario Yazbek recounted a conversation with a friend regarding his birthday wish from the previous year, during which he expressed a desire to make a film in India. This wish has…

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24 Dec

Tata AIA launches multicap opportunities fund to tap India’s broad-based growth

Business BureauBusiness

Tata AIA Life Insurance today unveiled two new investment options—the Tata AIA Multicap Opportunities Fund and the Tata AIA Multicap Opportunities Pension Fund—designed to provide diversified equity exposure along with life cover through Unit Linked Insurance Plans (ULIPs). The funds aim to help investors manage risks in today’s volatile markets marked by global uncertainty and sector volatility. The funds offer exposure across large, mid and small-cap companies with equity allocation between 60–100%, and up to 40% in debt and money market instruments for risk management. Benchmarked to the Nifty 500 Index, the funds will be priced at ₹10 per unit…

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23 Dec

‘Anveshana’ session in Howrah spotlights advanced neuro, blood and cardiac care

Business BureauBusiness

Manipal Hospitals Group on Tuesday highlighted recent advances in neurosurgery, haematology and cardiac care during an awareness session held in Howrah under its flagship initiative, ‘Anveshana – Medical Education for Media’. The programme was organised by Manipal Hospital EM Bypass amid a growing burden of neurological, blood-related and cardiac diseases across Eastern India. Addressing the session, Dr L N Tripathy, Director of the Manipal Institute of Neurological Diseases, spoke on the rising incidence of brain tumours, stroke-related complications, spinal disorders and traumatic brain injuries, stressing the role of early diagnosis and minimally invasive neurosurgical techniques. DrRajib De highlighted advances in…

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23 Dec

SSAHE, upGrad forge strategic tech partnership to build industry-ready engineers

Business BureauBusiness

Karnataka-based Sri Siddhartha Academy of Higher Education (SSAHE), a Deemed-to-be-University, has announced a strategic collaboration with upGrad School of Technology to embed an industry-aligned School of Technology within its existing engineering programmes. The partnership aims to support the University with curriculum advisory services and deeper industry integration to strengthen India’s computer engineering talent pipeline. Led by CEO Vishwa Mohan and Chief Revenue & Outcome Officer Mehul Khandhedia, upGrad School of Technology will develop practitioner-led modules, research exposure, build sprints and continuous specialisations from Day 1, supported by AI-first learning tools for personalised learning, skill tracking and academic assistance. The curriculum…

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23 Dec

Tata Motors’ integrated programme supports tribal farmer’s rise to financial security

Business BureauBusiness

For decades, farmers across rural and tribal belts in India have struggled with water scarcity, unpredictable monsoon patterns and limited livelihood opportunities. Chandrakant Sonya Andher, a farmer from a tribal hamlet in Jawhar block of Palghar district, lived through the same reality. With only matriculation education and two acres of rainfed land, he faced uncertain crop yields and limited income. The remaining land on his property stayed uncultivable due to lack of irrigation, forcing him to migrate seasonally to nearby cities for construction and other manual labour jobs. The turning point arrived when Tata Motors introduced its Integrated Village Development…

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23 Dec

IBM unveils plan to skill 5 million Indians in AI, cybersecurity& quantum by 2030

Business BureauBusiness

Global technology major IBM today announced an ambitious commitment to skill five million students and adult learners across India in Artificial Intelligence, Cybersecurity and Quantum Computing by 2030. The initiative will be delivered through IBM SkillsBuild, advancing the company’s mission to create an equitable, future-ready digital workforce. IBM said the programme will expand emerging technology education across schools, universities and vocational training systems nationwide. The company will collaborate with AICTE to drive hands-on AI learning pathways, faculty development, curriculum integration, hackathons and internships. “India possesses the talent and ambition to lead the world in AI & Quantum. Fluency in frontier…

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23 Dec

Samsung SmartThings becomes first to support matter cameras, eyes market expansion

Business BureauBusiness

Samsung Electronics today announced that its smart home platform, SmartThings, has become the first in the industry to support Matter-compatible cameras through the new Matter 1.5 smart home standard. The rollout, scheduled to begin later this month, will expand SmartThings’ existing lineup of Matter devices such as lights, door locks, switches, and sensors by including next-generation security cameras. Matter 1.5, introduced by the Connectivity Standards Alliance in November, adds support for a wide range of camera types and enhanced smart home features including live video streaming, motion detection, event history and pan-tilt-zoom controls. The update also improves closure operations for…

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23 Dec

Gold rises to all-time high for 50th time in 2025 

Purbalee DuttaBusiness

Gold prices climbed to yet another record, marking their 50th all-time high this year, as investors assessed rising geopolitical risks and growing expectations of further US interest rate cuts. Silver also touched a fresh peak. Gold crossed $4,480 an ounce for the first time after jumping 2.4 percent in the previous session, its strongest daily gain in over a month. Markets are increasingly pricing in lower borrowing costs next year, a backdrop that typically supports non-yielding assets such as precious metals. Safe-haven demand strengthened amid escalating geopolitical tensions, especially involving Venezuela, where the US has tightened pressure on President Nicolás…

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