Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) would run from 2026–27 to 2030–31, according to the Union Cabinet, which is headed by Prime Minister Narendra Modi. Throughout this time, the plan has received approval for a total expenditure of Rs 3.15 lakh crore. “The Direct Benefit Transfer (DBT) system is being used to give eligible farmer […]
AI startup Sarvam and IBM have announced their partnership to promote the growth and implementation of AI technologies in India that are owned by the country. In this partnership, IBM and Sarvam will test out new technologies and solutions with the goal of meeting the needs of various Indian government agencies, nonprofits, and businesses subject […]
The resolution to preferentially issue fully convertible warrants to an entity within the promoter group has been approved by the necessary shareholders of Zed Entertainment Enterprises (Z), a content and technology company. The shareholders of ‘Z’ and its affiliates have also authorised the resolutions to establish the ‘Truly Yours’ Employee Stock Option Plan (ESOP) during […]
According to Kumar Mangalam Birla, Chairman of the Aditya Birla Group, the luxury retail sector in India is experiencing a turning point due to factors such as greater disposable income, more exposure to the outside world, changing customer goals, and an increase in the desire for high-end experiences. According to Aditya Birla Fashion and Retail’s […]
In response to better-than-expected performance for the third quarter, Starbucks has increased its sales and profit projections for fiscal 2026 for the second time this year, suggesting that its turnaround plan is starting to work. The biggest coffee company in the world surprised analysts with a 7.9% increase in worldwide comparable store sales for the […]
On Wednesday, India’s Civil Aviation Minister K. Rammohan Naidu reviewed the country’s readiness with key stakeholders in regards to the adoption of sustainable aviation fuel (SAF), signalling that India is intensifying its preparations for the transition. Topics covered in the meeting included preparations for the global aviation carbon reduction framework’s mandatory phase. The discussion went […]
An Air India flight’s fuel control switch was found to be normal, according to the ministry. Boeing 787 planes following reports of a potential flaw on a February flight from London to Bengaluru. In response to a question posed in Monday’s Rajya Sabha, Minister of State for Civil Aviation Murlidhar Mohol stated that Boeing’s comprehensive […]
In order to increase exposure for certified pre-owned vehicles on CarWale and OLX India, CarTrade Tech and Spinny have formed a strategic alliance. Customers will have easier access to verified pre-owned vehicles and a better shopping experience thanks to the partnership, which will allow Spinny’s inventory to be offered on both platforms.This comes at a […]
A significant step towards merging the group’s commercial vehicle businesses has been approved by Mahindra & Mahindra (M&M) with the transfer of its Mahindra Truck and Bus Division (MTBD) to listed subsidiary SML Mahindra for Rs 525 crore. After receiving the necessary clearances from regulators and shareholders, the slump sale is anticipated to close in […]
A new platform for integrated railcar leasing and lifecycle management has been developed through an expanded relationship between TrinityRail worldwide (US-headquartered), Texmaco Rail & Engineering, and Touax Group (a worldwide rail leasing company). In light of India’s National Rail Plan’s goal of increasing rail’s share of freight movement to 44–45 percent, the firms have placed […]
