Domestic Solar Capacity Installations Rise 50% To Over 3 GW In Jan-Mar: Mercom India

Over 3 gigawatt (GW) of solar energy capacity was installed in India in January-March 2022, Mercom India said on Wednesday. The installation was 50 per cent higher than the 2 GW added in the same period of 2021, the research firm said in a report. “India added over 3 GW of solar capacity in Q1 (January-March) 2022, a 21 per cent rise compared to 2.6 GW in Q4 2021. On a year-on-year basis, installations rose by 50 per cent compared to the 2 GW added in Q1 2021,” the report titled ‘Q1…

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Techtors: Solving For Unemployment

You set up Awign as a tech-led enterprise gig platform in 2016 along with Gurpreet Singh and Praveen Kumar Sah. What have been some changes that may have influenced your product along the way? Awign means removal of obstacles in Sanskrit and staying true to its name, we are committed to helping enterprises run their businesses at scale by solving and managing end-to-end outcome-based execution. We closely work with enterprises to meet business requirements through eight core on-ground and digital enterprise functions. Our most recent addition, Awign Expert, helps businesses…

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Integrating Fintech Into Future

Payments is a rapidly evolving sector that has seen many clutter-breaking innovations in the last few years. As newer payment methods continue to emerge especially in booming markets where the preference for newer formats such as BNPL (buy now pay later) scale rapidly, Inai believes the future has many more opportunities.   A full-stack payment integration provider, Inai offers payment solutions to companies playing in the sectors such as ecommerce, edtech, gaming, digital content and marketplace among others. Inai is a SaaS-based no code payment platform that enables businesses to…

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NIA Seeks Death Penalty For Separatist Leader Yasin Malik In Terror Funding

The NIA on Wednesday sought the death penalty before a Delhi court for Kashmiri separatist leader Yasin Malik, who had earlier pleaded guilty to all the charges, including those under the stringent Unlawful Activities Prevention Act (UAPA), in a terror funding case, court sources said. The agency told Special Judge Praveen Singh in an in-chamber proceedings that Malik was responsible for the Kashmiri exodus. On the point of sentence, sources said that Malik submitted that he would not beg for mercy, and that court could decide at its discretion. The…

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Trentar Group To Launch Homegrown UAV Products At Bharat Drone Mahotsav

The Trentar Group, a Group Company of Dorf Ketal, is participating in the Bharat Drone Mahotsav – 2022, an initiative by the Drone Federation of India and Ministry of Civil Aviation.   The group companies, GarudaUAV, TM Aerospace, and Trishula, will launch and showcase ‘made in India’ UAV innovations at the festival, in alignment with the ‘Make in India’ and ‘Atmanirbhar Bharat’ initiatives by our Honourable Prime Minister Narendra Modi. During this event, Trishula – a Trentar company in the UAV propulsion & component business division will launch its BLDC…

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IndiGo Q4 Results: Loss Widens To Rs 1,682 As Fuel Costs Soar

Budget carrier IndiGo on Wednesday released its results for the quarter ended March 31 and reported a loss of Rs 1,681 crore. In the December quarter, it had reported a small profit of Rs 218 crore. Its revenue from operations came in at Rs 8,020 crore in the quarter under review, compared to Rs 6,223 crore in the same quarter last year. However, on a sequential basis, revenue fell 14 per cent. Fuel prices increased by 61 per cent compared to the same period last year. The company said its…

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Airtel Chief Sunil Mittal Hopes For Supply Chain Restoration

Supply Chain disruptions have made the world a difficult place when it comes to ensuring complete internet connectivity for everyone, Bharti Enterprises Chairman Sunil Bharti Mittal said on Wednesday and hoped that some sort of sanity returns at the soonest. “The world has become much more difficult. We didn’t imagine there would be so much supply chain disruptions. Chinese equipment were being supplied at a fast pace and at low costs, but that is not the case anymore,” Mittal said. “Some businesses have moved on, but at a much higher…

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Government Approves Stake Sale In Hindustan Zinc

Media reports on Wednesday suggested that the Cabinet has approved the stake sale in Hindustan Zinc. Sources indicated that the government will sell its entire stake in Hindustan Zinc where its shareholding is 29.54 per cent. Present day valuation of this stake is at Rs 39,385.66 crore. The government in 2002 had offloaded 26 per cent stake in the company which was then bought by the Vedanta Group. The Group later acquired further stake in the company to take its holding to 64.92 per cent. The current round of selling…

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CBRE Appointed Consultant for Multi-Modal Logistics Project

CBRE South Asia, India’s leading consulting firm has been appointed as the advisor for the development of Multi-modal Logistics Parks across five key locations including Mumbai, Chennai, Silchar, Coimbatore and Hyderabad. These projects are a part of Prime Minister of India’s visionary and promising Bharatmala Pariyojana programme launched for the development of world-class infrastructure dedicated to smooth and seamless freight transport across multiple modes of transport. The 35 MMLP projects is likely to create over 2 lakh job opportunities in the coming years and reduce logistics cost by a notable…

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UNSC Expresses Concern Over Human Rights’ Violations In Afghanistan

The UN Security Council has called on the Taliban to swiftly reverse their policies and practices which are currently restricting the human rights and fundamental freedoms of Afghan women and girls. The top organ of the UN voiced its concern over the volatile situation in the country, particularly continued terrorist attacks. Earlier this month, Afghanistan’s supreme leader Hibatullah Akhundzada issued an order for women to cover up fully in public, including their faces, ideally with the traditional burqa. The Taliban have ordered female Afghan TV presenters and other women on…

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