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India is considering offering low-cost, long-term loans to renewable energy producers to compensate for losses caused by inadequate transmission infrastructure, four industry sources said. The power ministry is discussing loans with tenures of seven to eight years as renewable projects in states such as Rajasthan and Gujarat face restrictions on sending electricity to the national […]
Swiggy’s quick-commerce arm Instamart is preparing to shift from a marketplace model to an inventory-led model, following shareholder approval that gives the company Indian-owned and controlled status. The move could allow Instamart to hold inventory directly and compete more closely with market leader Blinkit in India’s rapidly growing quick-commerce sector. Swiggy expects the transition to […]
India’s insurance regulator has barred Niva Bupa Health Insurance from opening new places of business for six months after the insurer breached prescribed limits on management expenses during the 2024-25 financial year. The expenses include operating costs and commissions paid to agents and distributors. Niva Bupa, backed by UK-based healthcare group Bupa, said it complied […]
Oracle, AWS, Google, Microsoft, Cisco and Zscaler join forces to support major cybersecurity leadership summit in Kochi Kerala is set to make a significant mark on India’s cybersecurity landscape as some of the world’s biggest technology companies come together to support the Kerala Cyber Suraksha Summit (KCSS) 2026, to be held on September 5 at […]
Aditya Birla Capital has officially entered India’s gold loan market with plans to open nearly 1,000 dedicated branches over the next three years to expand its secured lending business. As part of its initial rollout, the company’s non-banking financial division aims to establish 200 to 300 gold loan branches across high-potential regions by March 2027. […]
To control soaring domestic sugar prices, India has imposed strict inventory limits on large-scale commercial users. Under a government order taking effect September 1 through November 30, bulk consumers using over 10 metric tons of sugar per month are prohibited from holding more than 15 days of inventory. This follows a previous measure capping dealer […]
An Indian tribunal ruled on Wednesday that bankruptcy petitions against SpiceJet will be heard afresh by a new bench. The National Company Law Tribunal (NCLT) had already prepared a judgment on eight petitions, but the airline reached a last-minute settlement with one lessor, forcing the petition’s withdrawal. Because the judgment needed to be rewritten and […]
Volkswagen (VW) Group expects to finalize a deal with a local Indian partner this year to accelerate its momentum in the world’s third-largest auto market. According to Klaus Zellmer, CEO of VW’s Skoda brand—which oversees the group’s strategy in India—having a partner with strong local roots will strengthen their position and help fund the next […]
Despite severe monsoon flooding that has displaced thousands across Kerala, local communities and rowing clubs are pushing forward to keep the centuries-old tradition of vallam kali (snake boat racing) alive. Around 20 massive wooden vessels—each measuring roughly 100 feet long and powered by nearly 100 oarsmen—are set to compete over a 1.4 km course on […]
Dr Jolly Antony Chairman, Vibe Munnar Resort & Spa Managing Director, The Fog Resort & Spa, Munnar Chairman, Alsafina Travel Group (UAE & India) Chairman, Growvia.biz Imagine waking up to the sight of the Arabian Sea, enjoying breakfast on a luxurious deck, and arriving at a new destination by sunset. Cruise tourism is no longer […]
