India’s infrastructure investment to be boosted by electric vehicles, solar energy, wind power, and hydrogen initiatives

India is set to invest a whopping Rs 143 lakh crore in infrastructure between the fiscal years of 2024 and 2030, which is more than double the amount spent in the past seven financial years starting from 2017, according to rating agency Crisil. A significant portion of this investment, Rs 36.6 lakh crore, will be…

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Game Theory, a sports tech start-up, secures $2 million in pre-Series A funding.

Game Theory, a brand dedicated to enhancing real sports engagement and accessibility through technology, has successfully raised $2 million (₹16.6 crore) in a pre-Series A funding round. This funding will be used to further develop technology, implement skill-based matchmaking, introduce coaching products, and expand the network of smart sporting facilities across the country. Notable industry…

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Indian Navy warship upgrade contract worth Rs 313 crore won by Cochin Shipyard

INS Beas, the first Brahmaputra Class Frigate, has successfully completed its re-powering process from steam to diesel propulsion, making it a modernized and upgraded vessel in the Indian Navy’s active fleet. This transformative initiative, known as the Mid Life Upgrade and Re-Powering, is a major milestone for both the Indian Navy’s maintenance philosophy and the…

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HDFC Bank achieves net profit of ₹16,811 crore after merger, marking a fresh start.

In a significant development, HDFC Bank has released its first earnings report since its merger with HDFC. The merger has resulted in consolidated net revenues of ₹66,317 crore for the second quarter. Impressively, the merged entity has achieved a consolidated net profit of ₹16,811 crore as of September end. The gross non-performing assets (NPAs) of…

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