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Record wind power installations expected this year, offshore tender by September 

Chennai Wind power installations in the current financial year are expected to be at an all-time high. Installations in 2024-25 will be 6.5-7 GW, compared with 3.2 GW last year, Lalit Bohra, Joint Secretary, Ministry of New and Renewable Energy,…

S&P Global upgrades India’s outlook to ‘Positive’, rating upgrade possible over the next 2 years

Taking note of the robust growth and rising quality of government spending, S&P Global Ratings on Wednesday revised India’s outlook to ‘Positive’ from ‘Stable’. However, it retained the sovereign rating as ‘BBB Minus’. This means, while the investment grading rating…

Goa-based Ochre Spirits to expand its presence in other States, West Asia

Goa-based artisanal flavour spirits company Ochre Spirits are set to expand its footprint across multiple Indian cities in the next fiscal quarter. The brand, whose portfolio includes fruit-flavoured liquor, is also looking to launch a new flavour of rum. Founded…

Zoho’s Vembu invests in Thanjavur-based drone startup Yali Aerospace

Sridhar Vembu, co-founder of Chennai/US-based Zoho Inc, has invested in Yali Aerospace, a Thanjavur-based drone startup. Sharing the news on social media, Vembu said the startup is led by husband-wife duo Dinesh Baluraj and Anugraha, who returned from the Netherlands…

By 2032, India will account for 33% of global milk output: NDDB CMD Meenesh Shah

Currently, milk production in India is 231 million tonnes(mt), making up about 25 per cent of the global share. By 2030 or 2032, the country will produce 300 mt or 33 per cent of the global production. Technologies will help…

Kochi students develop and market their brand of green coffee

A group of enterprising students in Kochi have succeeded in developing and marketing their own brand of green coffee. It was developed by students of Laurus Institute for Logistics in Kalamassery as part of their study project, Christened Laurus Natures…

Towards multimodal, sustainable mobility for all

The Bus and Car Operators Confederation of India (BOCI), the apex organisation of the state-level federations of private bus and car passenger transport operators, will host the fourth edition of Prawaas, India’s flagship multimodal transport show, in Bengaluru from August…

Shifting Stance: FPIs turn bullish on Indian equities ahead of June 4

Foreign Portfolio Investors (FPIs), have shifted from heavy selling to increased buying of Indian equities, anticipating a clear BJP/NDA win in the general elections, analysts said.  Also read:Despite continued selling pressure by FPIs, Indian markets are at all-time high This…

FLY91 sets up shop at IFSC Gift City; Adds Pune as 7th destination

After leasing two aircraft from IFSCA Gift City, Goa-based FLY91 has now approached the authorities to set up its own unit at Gift City. The airline has plans to induct over 30 aircraft in the next five years, and is…

Quality first: The road ahead for the Indian spices industry

Recently, established Indian spices brands MDH and Everest found themselves in the eye of an international storm as authorities in the US, Hong Kong, and Singapore raised red flags over the quality of their products. Both brands have vehemently denied…