Global City Gurugram: An integrated township in the making
The Financial Express
by PF Desk
10M ago
Having seen a significant rise in its population, infrastructure, and economy over the past few decades, Gurugram — considered to be one of the major financial and technology hubs of India – has become a global city in its own right. Home to several multinational corporations and major Indian companies, the city is also known for its thriving real estate industry with numerous luxurious residential and commercial developments. In its recent report ‘Global City Gurugram’, R&R has highlighted how Gurugram is soon to add another feather to his hat with the development of Global City Gurugram ..read more
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Suzlon crosses 20 GW installed wind mills capacity worldwide
The Financial Express
by PTI
10M ago
Renewable energy solution provider Suzlon Group on Monday announced that it has achieved the milestone of 20 GW installed wind turbine capacity worldwide.”Suzlon Group has crossed the 20GW wind energy installations milestone through 12,467 wind turbines installed across 17 countries, spanning six continents, solidifying Suzlon’s position as a significant player in the global wind energy landscape,” a company statement said. Suzlon has built the Indian wind energy sector since 1995 in line with the vision of its much-celebrated late founder and Chairman Tulsi Tanti.Suzlon Group Vice Chairman Gi ..read more
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Redefining the pharmaceutical industry’s role in combating climate change
The Financial Express
by guest
10M ago
By Ramesh Swaminathan Climate change has emerged as one of the most critical challenges of our era, affecting all sectors, particularly the pharmaceutical industry. The industry is considered a significant contributor to greenhouse gas emissions, necessitating urgent action. A silver lining, however, is that the industry has demonstrated a steadfast commitment to sustainability. In 2019, the Indian government launched the National Action Plan on Climate Change (NAPCC) with an ambitious target of reducing greenhouse gas emissions by 20% before 2020. The pharmaceutical industry assumed a pivotal ..read more
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MGT 7 Form- Annual Return Filing: What is it and how to file it step-by-step; check details
The Financial Express
by MSME Desk
10M ago
MGT 7 Annual Return Form: MGT 7 is an online or electronic form for enterprises to share particulars of annual returns with the Ministry of corporate affairs. The form is to be filed within 60 days of the company’s annual general meeting (AGM) which must be held on or before September 30. Hence, the due date to file MGT 7 is generally November 29. Importantly, all enterprises are required to file MGT 7 as per Section 11(1) of the Companies (Management and Administration) Rules, 2014 except one person companies (OPCs) and small companies for which MGT-7A form is mandatory.  As per the Comp ..read more
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Magenta Mobility Appoints Shashank Sathe as CTO
The Financial Express
by Express Mobility Desk
10M ago
Magenta Mobility has announced the appointment of Shashank Sathe as its new Chief Technology Officer (CTO). This strategic move comes as Magenta Mobility prepares for accelerated growth and aims to reinforce its position in the electric mobility sector. Shashank has an illustrious work experience of more than 28 years in the technology domain with a proven track record at renowned brands like Bajaj Capital, Edelweiss, and recently as CTO at MCX. In his new leadership position as CTO at Magenta Mobility, Shashank will spearhead the development and optimisation of cutting-edge technologies. Maxs ..read more
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Centre aims at covering refractories in PLI 2.0 to support 300 MT steel capacity target by 2030
The Financial Express
by PTI
10M ago
The Centre is looking to include refractories in the upcoming Production Linked Incentive Scheme 2.0 for steel as it aims at doubling the country’s production capacity for the metal to 300 million tonne by 2030, an official said. Refractories are a critical input for steel production, and India depends on the import of the raw material.The Ministry of Steel is currently in talks with the refractory industry to develop an incentive policy to boost domestic production and reduce the country’s dependence on imports from China, he said. “The steel industry is a major user and consumer of refractor ..read more
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EXPLAINER-Why is OPEC+ cutting oil output?
The Financial Express
by Reuters
10M ago
The Organization of the Petroleum Exporting Countries and allies including Russia, a group known as OPEC+ which pumps around 40% of the world’s crude, agreed on a new oil output deal on Sunday.Saudi Arabia, the group’s biggest producer, will make a deep cut to its output in July on top of a broader OPEC+ deal to limit supply into 2024 as the group faces flagging oil prices. A surprise announcement by OPEC+ in April to deepen production cuts helped to raise prices by about $9 a barrel to above $87 per barrel in the days followed. Yet benchmark crude prices have shed those gains since, with Bren ..read more
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Mahindra Last Mile Mobility flags off 100 Treo electric autorickshaw in Hyderabad
The Financial Express
by Express Mobility Desk
10M ago
Mahindra Last Mile Mobility (LMM), a division of Mahindra & Mahindra (M&M) flagged off 100 Treo electric autos from Begumpet, Hyderabad. The company says these electric three-wheelers on World Environment Day, propagated the message of pollution-free mobility. The Treo autos were flagged off by the Chief Guest Jayesh Ranjan, IAS – Principal Secretary, Industries & Commerce and IT, Govt. of Telangana; Sourabh Mishra, Head of Sales, Customer Care & Marketing, LMM, and Himanshu Aggarwal, Head of Sales & Exports, LMM. Mahindra Last Mile Mobility states that Telangana is one of ..read more
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McDonald’s India- North and East launches TVC
The Financial Express
by BrandWagon Online
10M ago
McDonald’s India- North and East launched a TVC, showcasing familiarity with the brand across generations, while standing true to its value promise. Talking about the launch of the TVC, Rajeev Ranjan, managing director, McDonald’s India – North and East, said, “Our customers have fond memories associated with our brand. Through the thoughtful gesture of care, love and reciprocity, the TVC touches the heart and reassures that it does not take much to create and enjoy feel-good delicious memorable moments at McDonald’s.” Also Read Tata Tea launches new TVC for its Jaago Re campaign on World Env ..read more
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Spurt in illegal immigrants from India to the US through the Darien Gap
The Financial Express
by Huma Siddiqui
10M ago
Undocumented immigrants most frequently enter the US through the Southwest border. Over 2,000 miles of land border separate the United States from Mexico, making it challenging for American border patrols to cover the entire distance. According to the US Southwest Border, 1647034 citizens from various nations were apprehended in 2022 (Jan – Dec), which is still regarded as the largest number. Prior to that, the years 2021 – 1516650 (Jan – Dec), 2020 – 329741 (Jan – Dec), and 2019 – 793465 (Jan – Dec).On the other hand, these recorded numbers are 71065 in 2023 (January to April). The Info-graph ..read more
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