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Apple set up first-ever research subsidiary in India as part of diversification strategy

New Delhi, November 9, 2024 (TBB Bureau): In a significant boost to its India presence, Apple Inc. has announced the establishment of its first research and development (R&D) subsidiary in India, marking a milestone as the tech giant diversifies its extensive supply chain and research capabilities outside of China. The new R&D facility is expected to play a crucial role ...

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India’s power sector on a growth trajectory amid renewable energy surge

New Delhi, November 9, 2024 (TBB Bureau): India’s power sector is gearing up for unprecedented growth, driven by a surge in energy demand and ambitious renewable energy targets that are reshaping the country’s energy landscape. With projections indicating that India will see a greater increase in energy demand over the next decade than any other country, investments in the nation’s ...

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MoPSW achieves milestone in cleanliness and efficiency through Special Campaign 4.0

New Delhi, November 9, 2024 (TBB Bureau): “The Ministry of Ports, Shipping & Waterways (MoPSW) remains dedicated to creating efficient, eco-friendly spaces that support sustainable practices benefiting both our communities and environment,” said Union Minister for Ports, Shipping & Waterways, Sarbananda Sonowal, highlighted the Ministry’s commitment to fostering a cleaner and more sustainable work environment. His statement followed the successful ...

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Centre partners with industry leaders to advance high-speed, ultra-low latency 5G technology in India

New Delhi, November 9, 2024 (TBB Bureau): In a significant step toward building high-speed, ultra-low latency 5G infrastructure, the Department of Telecommunications (DoT) announced a partnership with Linearized Amplifier Technology Services and Vedang Radio Tech. The Centre for Development of Telematics (C-DOT), along with these two pioneering companies, will jointly develop ‘Millimeter Wave Power Amplifier Chips IP Cores for 5G ...

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Employees protest against AM/NS India over low wages and unfulfilled promises

Paradip, November 8, 2024 (TBB Bureau): Tensions have escalated in Paradip as local employees of AMNS (Arcelor Mittal Nippon Steel) India have staged a protest against the company, accusing it of exploitation and unfair treatment. The protest, led by youth who were employed by the company after giving up their ancestral land, highlights deepening grievances over low wages and broken ...

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Vedanta reports strong financial results and record operational achievements in Q2FY25

Mumbai, November 8, 2024 (TBB Bureau): Vedanta Limited has announced its unaudited consolidated results for the second quarter (Q2) and half-year (H1) ending September 30, 2024, revealing strong financial performance, profitability, and operational achievements across its diversified portfolio. Vedanta posted a consolidated revenue of ₹37,171 crore, marking a 10% increase year-over-year (YoY) and a 5% increase quarter-over-quarter (QoQ). The company ...

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TPCODL kicks off ‘Quality Month’, elevating standards from compliance to performance

Bhubaneswar, November 8, 2024 (TBB Bureau): TP Central Odisha Distribution Limited (TPCODL), a joint venture of Tata Power and the Government of Odisha, is pleased to announce the commencement of its fourth annual ‘Quality Month’. The opening event was led by Arvind Singh, CEO, TPCODL and Chairperson of the Total Quality Management (TQM) Core Committee, along with the Senior Leadership ...

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NTPC pioneers carbon capture to methanol conversion at Vindhyachal Plant

New Delhi, November 8, 2024 (TBB Bureau): In a global first, state-owned power giant NTPC has successfully converted captured carbon dioxide (CO2) into methanol at its Vindhyachal plant, marking a groundbreaking achievement in sustainable fuel production and carbon management. NTPC announced on Friday that the CO2, captured from flue gases, was synthesized with hydrogen — produced from a PEM electrolyser ...

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Asia Pacific office demand rises 10.7pc as occupiers seek premium spaces

Bangalore, November 8, 2024 (TBB Bureau): The Asia Pacific office market is forecasted to experience notable growth in 2025, with Colliers’ latest data indicating a 10.7% year-on-year (y-o-y) surge in office demand across top regional markets during Q3 2024. According to the Colliers’ Asia Pacific Office Market Insights Q3 2024 report, demand for Grade A office space reached 2.2 million ...

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Eurogrip launches Trailhound tyres at EICMA 2024

Chennai, November 7, 2024 (TBB Bureau): Eurogrip Tyres, one of India’s leading tyre manufacturers, unveiled the Trailhound family of tyres at EICMA 2024, with two new variants designed for different biking styles: the Trailhound STR, tailored for adventure motorcycles, and the Trailhound SCR, aimed at classic bikes, scramblers, and café racers. Eurogrip also showcased its flagship range of two-wheeler tyres ...

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