Business - The Purbottar

29 Jun

AdaniConneX secures $213M financing for under-construction data center assets

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AdaniConneX secured financial closure in Ahmedabad, India, by entering the Financing Framework and raising $213 million for its under-construction data center assets portfolio. The facility will finance two data centers with a combined capacity of 67 MW, including Chennai 1 and Noida. India's data center capacity is expected to double from 870 MW in FY22 to 1700-1800 MW by FY25. AdaniConneX is investing capital to build a 1 GW Green Data Center platform, enabling hyperscale to hyperlocal data center investments across the country. AdaniConneX's development agenda is institutionalized through Platform Infrastructure Financing through the Framework Agreement with international lenders. Committed…

29 Jun

Tata Power’s endeavour to boost EV adoption in India

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Tata Power, one of India’s largest integrated power companies and a leading EV charging infrastructure provider, in its continued endeavour to boost EV adoption in the country, has installed public charging stations at Golden Park Hotel & Resort near Malda. Golden Park Hotel & Resort is one of the largest Leisureplex and Conference Center of mid Bengal, situated on National Highway 34 at Malda, the gate way to North East India Tata Power has installed two EV charging stations with capacities of 30 kW and 7.4 kW at Golden Park Hotel & Resort, which is located 5km (10–15 minutes) from…

29 Jun

Honda Racing India is all set for Round 3 of 2023 Asia Road Racing Championship

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Honda Racing India, led by HMSI, will showcase their skills at the Sportsland SUGO International Circuit in Japan for Round 3. With 11 points in the 2023 FIM Asia Road Racing Championship, Honda Racing India is set to increase their stakes in the Asia Production 250cc (AP250cc) category. The team's impressive performance at the second round of the 2023 Asia Road Racing Championship will be a testament to their skills and determination. Leading the ARRC charge in Asia Production (AP250) class and with an exhilarating display of racing prowess, is the experienced Kavin Samaar Quintal, the solo Indian team’s rider…

29 Jun

TVS XL100 offers various variants at an attractive prices

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TVS Motor Company has announced an affordable price range for the popular TVS XL100 Kick Start Variant, starting at ₹ 44,999 (ex-showroom). This move reflects the company's commitment to meeting evolving customer needs and offering affordable mobility solutions.TVS Motor Company's customer-centric approach is evident in this initiative, as the company strives to create value-driven mobility solutions that cater to the diverse requirements of the Indian market. The TVS XL100 Heavy Duty is powered by a 99.7cc, single-cylinder four-stroke engine which was updated from carbureted to fuel-injected during the BS-VI transition. It produces 4.3bhp at 6,000rpm and 6.5Nm at 3,500rpm and…

28 Jun

NSDCI and INC collaborate to provide nurses with language and domain skill training

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NSDC International (NSDCI) has signed a Memorandum of Understanding (MoU) with the Indian Nursing Council (INC) to open several avenues for skill development in healthcare and allied sectors to augment language and domain proficiency of the aspiring candidates for overseas job opportunities. NSDCI plans to deploy 10,000 healthcare workers globally through Skill India International Mission, with Inc acting as a knowledge partner. The MOU was signed by Shri Ved Mani Tiwari, CEO of NSDC International, and Dr. T Dileep Kumar, President of Dr Sandeep Singh Kaura, Adviser, NSDC for Skill India International Mission, Mrs K S Bharti, Joint Secretary, INC,…

28 Jun

TKM adopts Miyawaki Concept-Driven Afforestation for environmental conservation

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Toyota Kirloskar Motor (TKM) is focusing on environmental conservation through its afforestation initiatives under its sixth eco-challenge, "Living in Harmony with Nature." The company has been using the unique Miyawaki Method of Afforestation since 2009, making it the first Indian company to implement such a method. TKM's commitment to sustainability and ecological restoration has yielded remarkable results, with numerous advantages of the Miyawaki approach. Dr. Akira Miyawaki's Miyawaki Concept creates dense, multi-layered forests using native species to mimic natural regeneration processes. This approach promotes biodiversity and aids food chain and ecology. Toyota's Miyawaki plantation drive expanded to 112 acres, with…

28 Jun

People with diabetes with a TIR of over 80% spend less time in the ICU

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A recently published pan-India consensus paper shows that time-in-range (TIR) data generated from continuous glucose monitoring devices is a powerful metric that people living with diabetes can use to gain a better picture of their glycemic control and make more informed decisions. TIR is the percentage of time a person’s glucose values are within the recommend target range and is effective in capturing dynamic variations in glucose levels. Continuous glucose monitoring (CGM) devices have enabled people living with diabetes to make informed decisions about their food and exercise. A consensus study highlighted how people with a TIR of more than…

28 Jun

Hero Motocorp partners with NWWA and Indian Navy for community development initiatives

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Hero MotoCorp, the world's largest motorcycle manufacturer, has partnered with NWWA to support community development initiatives, promoting inclusive learning and education. As per an MoU signed between Hero MotoCorp and the NWWA, the Company will support CHETNA –an Early Intervention Center in Delhi that provides occupational therapy, speech therapy, play and counselling to children born with neuro-developmental disabilities. The initiative, part of Hero Salutes Heroes of the Nation's CSR platform, aims to support children's learning needs, enabling them to progress through early developmental stages and improve their quality of life. CHETNA offers multi-modality interventions to minimize neuro-developmental disabilities in children…

28 Jun

GE Aerospace signs MOU with HAL to produce Indian Air Force fighter jet engines

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GE Aerospace has signed a Memorandum of Understanding (MOU) with Hindustan Aeronautics Limited (HAL) to produce fighter jet engines for the Indian Air Force. This milestone is part of strengthening defense cooperation between the two countries, amidst Indian Prime Minister Narendra Modi's official state visit to the US. GE Aerospace is considering joint production of its F414 engines in India, as part of the Indian Air Force's Light Combat Aircraft Mk2 program. The company is working with the U.S. government to obtain export authorization. GE has been operating in India for over four decades, focusing on engines, avionics, services, engineering,…

28 Jun

DGT begins admissions for Craftsmen & Craft Instructors Training Schemes

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The Directorate General of Training (DGT) under the Ministry of Skill Development & Entrepreneurship has opened admissions for the session 2023-24 under the Craftsmen Training Scheme (CTS) and Craft Instructor Training Scheme (CITS) formats. The registration process, which began on 1st June 2023, has received an overwhelming response with over 35,000 candidates already registered. DGT has expanded its offerings under CITS by introducing two new trades: Surveyor and Baker & Confectioner. These trades will be available at National Skill Training Institutes (NSTIs) in 35 cities, and the seating capacity has been increased from 14,400 to 16,500. 93 ITOTs are participating…