Tag archive for ‘India’
By businessnewstoday On Saturday, July 11th, 2020
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Rewa Ultra Mega Solar Power project in Madhya Pradesh, India commissioned

(adsbygoogle = window.adsbygoogle || []).push({}); Rewa Solar Project : Indian Prime Minister Narendra Modi inaugurated the 750MW Rewa Ultra Mega Solar Power project in Rewa, Madhya Pradesh state More...

By businessnewstoday On Tuesday, July 7th, 2020
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NextEnergy Capital acquires solar power plant in Odisha from IBC SOLAR

NextEnergy Capital, through its third institutional solar fund NextPower III, has acquired a 27.4MW solar power plant in Odisha, India from IBC SOLAR Energy for an undisclosed price. IBC SOLAR, which is the international More...

By businessnewstoday On Sunday, July 5th, 2020
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Intel Capital to invest $250m in Reliance’s Jio Platforms

Intel Capital has agreed to acquire a stake of 0.39% in Jio Platforms, the digital services platform of Indian conglomerate Reliance Industries, for INR18.94 billion ($250 million). The transaction represents an More...

By businessnewstoday On Sunday, June 14th, 2020
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SBI Insta Saving Bank Account for instant digital savings accounts re-launched

State Bank of India (SBI) has re-launched its Aadhaar Card-based instant digital savings account called ‘SBI Insta Saving Bank Account’ for customers who want to open a bank account through its YONO digital More...

By businessnewstoday On Sunday, June 14th, 2020
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Reliance bags $850m investment for Jio Platforms from TPG and L Catterton

Reliance Industries has bagged two more investments for its digital services platform Jio Platforms, totaling about INR 64 billion ($850 million) in separate deals with global alternative asset firm TPG and L Catterton, More...

By businessnewstoday On Friday, June 12th, 2020
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Usage-based Tata AIG AutoSafe car insurance policy launched in India

Tata AIG General Insurance, an Indian general insurer,  has introduced Tata AIG AutoSafe, a usage-based car insurance policy which lets policyholders pay insurance premium only for the kilometers they drive. The More...

By businessnewstoday On Monday, June 8th, 2020
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Abu Dhabi’s ADIA to invest $752m in Reliance’s Jio Platforms

Indian conglomerate Reliance Industries announced securing a further investment of INR 56.83 billion ($752 million) for its digital services platform Jio Platforms from a fully-owned subsidiary of the Abu Dhabi More...

By businessnewstoday On Tuesday, May 26th, 2020
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Cleareye.ai acquires Indian artificial intelligence company AIWare.ai

US fintech company Cleareye.ai has acquired Indian artificial intelligence company AIWare.ai for an undisclosed price. Based in Kerala, AIWare.ai is a technology start-up that has been engaged in transforming large More...

By businessnewstoday On Saturday, May 23rd, 2020
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GE to provide turbines for POWERICA’s Rajkot and Khambaliya wind farms

GE Renewable Energy has bagged a contract from POWERICA to provide 38 of its 2.7-132 onshore wind turbines for the Rajkot wind farm and the Khambaliya wind farm to be built in the western Indian state of Gujarat. The More...

By businessnewstoday On Friday, May 22nd, 2020
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KKR to invest $1.5bn in Reliance’s digital services business Jio Platforms

Indian conglomerate Reliance Industries has bagged further investment for its digital services platform Jio Platforms, this time from global investment firm KKR, which is chipping in with INR 113.67 billion ($1.5bn) More...