New Delhi: India’s largest renewable energy company, Adani Green Energy Ltd (AGEL), has raised $1.06 billion in refinancing to finance its solar and wind power plant project in Rajasthan. The move is a crucial step towards the company’s plan to enhance clean energy production and strengthen its balance sheet. Why this refinancing matters? Refinancing requires replacing old loans with new loans, typically at better interest rates or longer payback periods. With this raising of $1.06 billion, AGEL will be able to service its debt more effectively, reduce its cost of funding, and increase its cash generation. This transaction enables the…
Author: Ansh Singh
Ansh Singh
Ansh Singh is a journalist and writer who covers Entrepreneurship, Business, Startups, and Fintech. When not working, you will find him reading insightful case studies, exploring ideas online, and journaling by the beach.
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New Delhi: In February 2025, Mahindra & Mahindra (M&M) created history by overtaking Hyundai Motor India to achieve the position of the second-largest carmaker in India. This is a significant occurrence in the automotive sector, reflecting how market trends and customer preferences are changing. Sales performance leads by Mahindra: Mahindra sold 50,420 vehicles in India in February 2025, which is 19% more than the 42,401 units it sold in February 2024. On the other hand, Hyundai’s sales dropped by 4%, with 47,727 cars sold, down from 50,201 the previous year. This allowed Mahindra to take Hyundai’s long-held second place in…
New Delhi: Paytm, one of India’s top digital payment platforms, has announced a big partnership with Perplexity, an AI search engine, this collaboration is set to make it easier for millions of Indians to find reliable information and make better decisions, all at no extra cost. What’s new? Now, users can ask everyday questions and explore different topics right from the Paytm app. Plus, it supports local languages, making it even more accessible. Perplexity is known for providing fast and accurate answers with trusted sources, helping users make informed choices, especially for financial decisions. Paytm wants to make AI a…
New Delhi: IIT Madras is quickly becoming a major center for tech startups, often compared to Silicon Valley. Thanks to its strong support system and groundbreaking projects, the institute has caught the attention of big names in business, including Anand Mahindra, Chairman of the Mahindra Group. He recently praised IIT Madras, saying it has the potential to compete with Silicon Valley, as new startups are emerging almost every week. Anand Mahindra’s Praise for Waterfly Technologies One such startup that has impressed Mahindra the most is Waterfly Technologies. The firm is revolutionizing the face of eco-friendly travel with its electric seagliders,…
New Delhi: Alibaba, the Chinese technology giant, is making a big move towards consolidating its position in artificial intelligence (AI) and cloud computing. Alibaba has made plans to spend more than $50 billion in three years to enhance its AI and cloud infrastructure. The big bet points towards Alibaba’s focus on innovation and its desire to become a leader in AI-infused technology. Why is Alibaba spending so much? Alibaba’s move follows a couple of difficult years of tight government crackdown on China’s tech sector since 2020. Through the adversity, the company has recovered, with investor sentiment improving once more. Alibaba…
New Delhi: February 17, 2025 saw a Minneapolis-Toronto flight operated by Delta Air Lines hit a catastrophic landing at Toronto Pearson International Airport. A Bombardier CRJ-900 belonging to Endeavor Air crashed into the airport under heavy winter conditions as it came in, overturning the aircraft and engulfing it in fire. All four crew members and 76 passengers aboard miraculously escaped death with only 21 suffering injuries from which they required hospital treatment. In return for the accident, Delta Air Lines has provided a goodwill payment of $30,000 per passenger. This payment, which amounts to about $2.28 million, is meant to…
New Delhi: Apple is gearing up for a big update with iOS 18.4, set to roll out in April this year, and it’s bringing some exciting changes. The biggest highlight? Apple Intelligence is getting smarter and more accessible with support for eight new languages, including French, German, Italian, Portuguese (Brazil), Spanish, Japanese, Korean, and Simplified Chinese. Plus, English is getting a local touch for users in India and Singapore, making Siri and other AI-powered features feel more natural. For users in the European Union, this update is even more special, it’s the first time Apple Intelligence will be available on…
New Delhi: The Indian government is making big moves to strengthen the financial health and efficiency of the power sector. One major step? Listing five state-run power companies on the stock market. Another? Exploring ways to bring private players into electricity distribution. Companies Going Public The government has picked five state-owned power generation and transmission companies for stock market listings (IPOs). This will help them raise funds for expansion. Two of these companies, Andhra Pradesh Power Generation Corporation and Gujarat Energy Transmission Corporation, are already in the process of hiring investment bankers to get their IPOs rolling. By going public,…
New Delhi: Tata Motors has introduced a special Stealth Edition of its best-selling SUVs, the Harrier and Safari, in India. Available in a limited quantity of 2,700 units only, this edition was unveiled for the first time at the Auto Expo 2025 and includes some special design and feature enhancements. Price & Variants: The Tata Safari Stealth Edition is priced at ₹25.29 lakh (ex-showroom) and is offered based on the Accomplished Plus variant. It is offered in both manual and automatic forms, with an additional option of a six-seater configuration. The Harrier Stealth Edition is priced slightly lower, at ₹25…
New Delhi: Infosys Chairman Nandan Nilekani is of the opinion that India must do things differently with Artificial Intelligence (AI). Rather than compete with international tech giants to develop huge AI models, he wants India to work on practical applications that can impact people’s lives directly. During an event in Bengaluru on May 7, 2024, hosted by People+AI, Nilekani outlined his vision of transforming India into the “AI use-case capital of the world.” He clarified, “We are not here to create the largest AI models, we are here to apply AI to solve actual problems and enhance lives.” At the…
