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Tag Archives: global

Global Wind Day being observed today

It also explores the power of wind in de-carbonizing our economies and boosting growth and jobs. Today, with more than $100 billion invested across the world in it in 2015, this sector of wind energy is one of the fastest growing.  The day is a “coordinated action between Wind Europe and Global Wind Energy Council and the national associations to introduce ... Read More »

PM Modi calls for Global conference to combat Terrorism

Prime Minister Narendra Modi’s clear message to Pakistan at the19th SCO summit. And it wasn’t just words. No pleasantries were exchanged between PM Modi and Pak Prime Minister Imran Khan throughout the summit although they were in the same room at least 5 times. PM Modi’s body language perhaps said more than his words. Addressing the Shanghai Cooperation Organisation Summit ... Read More »

Global Day of Parents being observed today

The Day was proclaimed by the UN General Assembly in 2012 to honour parents throughout the world. The Global Day provides an opportunity to appreciate all parents in all parts of the world for their selfless commitment to children and their lifelong sacrifice towards nurturing this relationship. Since the 1980s, the important role of the family has increasingly come to the ... Read More »

IMF: US China trade dispute will jeopardize 2019 global growth

The report titled, “The Impact of US-China Trade Tensions” said that if the dispute continues, it will “subtract about 0.3 percent of global GDP in the short term”. The ongoing tension have damaged the economies of both countries, reducing overall trade and hurting companies on both sides. Calling it a loss for consumers in both the nations, the report warned ... Read More »

SVP Global Ventures’ arm to demerge into core, non-core businesses

‘ subsidiary — Citron Infraprojects’ board on recommendation of the Audit Committee, has filed a demerger application for re-organizing of its business into two parts i.e. Core business and Non-core business separately in order to focus more on core activities. The company will be able to achieve its target of exiting all non-core and low margin trading businesses and at ... Read More »

Global Treasure Bank implements Infosys Finacle’s Core Banking solution

Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys, and Global Treasure Bank (GTB), have successfully implemented the Finacle Core Banking solution at the Bank. GTB now leverages Finacle’s proven platform to power its retail and corporate operations across 163 branches across the country, engaging its customers with a truly digital banking experience and an enriched product ... Read More »

NMDC creates separate department for global activities

NMDC has created a separate department ‘NMDC Global’ to use international opportunities of acquisition of mineral assets and strategic tie-ups on emerging technologies. The company is also focusing on increasing its geographic foothold globally. The company currently has presence in Australia, Mozambique and Tanzania, and is also looking to diversify into strategic and critical raw materials. It is also looking ... Read More »

Expect India to be among top 3 global markets outside Japan in 8 yrs: LIXIL

The water and housing products major, which was formed in 2011 through merger of five of Japan’s most successful building materials and housing companies, is entering pre-fabricated bathroom vertical in India to add to its primary water technology business. Under this segment, the USD 16 billion firm offers total solutions for bathrooms and currently sells products under premium GROHE and ... Read More »

Indian Hotels sets global benchmark for environmental sustainability

The Indian Hotels Company (IHCL) has set a global benchmark for environmental sustainability with 8 of its hotels achieving Platinum Certification and 60 hotels achieving Gold Certification by EarthCheck; the world’s leading scientific benchmarking, certification and business advisory group for the tourism and travel industry. Indian Hotels Company and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces ... Read More »

DRI busts global drone smuggling racket

Directorate of Revenue Intelligence (DRI) has busted an international racket involving smugglers from Pakistan, China, Myanmar and India to import high-end drones, remotely-piloted aircraft, into the country through the north-eastern border.  The shipment of drones and other related items, worth 1 crore rupees, was intercepted and seized by the DRI in March. However, the Ahmedabad-based mastermind, whose identity was not ... Read More »

Tata Global Beverages trades jubilantly on the bourses

Tata Global Beverages is currently trading at Rs. 215.60, up by 16.85 points or 8.48% from its previous closing of Rs. 198.75 on the BSE. The scrip opened at Rs. 206.40 and has touched a high and low of Rs. 219.85 and Rs. 197.35 respectively. So far 2331487 shares were traded on the counter. The BSE group ‘A’ stock of ... Read More »

Tata Chemicals to transfer food business to Tata Global Beverages

Tata group has decided to transfer of its branded food business from Tata Chemicals to Tata Global Beverages in an all shares deal that will create an over Rs 9,000 crore giant. Tata Global Beverages will buy the business of selling edible salt, spices, and lentils and give shares in return to Tata Chemicals. Tata Global Beverages will rename itself ... Read More »

Biocon retains economic interest in global commercialization of Hulio in-licensed by Mylan

Biocon is retaining economic interest in global commercialization of Hulio, (biosimilar Adalimumab) in-licensed by Mylan. Following the successful approval and European launch of Hulio, (biosimilar Adalimumab) in-licensed by the company’s partner Mylan from Fujifilm Kyowa Kirin Biologics, the commercialization rights have been extended from Europe to Global Markets. Biocon, under the terms of its global partnership with Mylan for monoclonal ... Read More »

KPI Global Infrastructure commissions 2.2 MW solar power project in Bharuch

KPI Global Infrastructure has successfully installed and commissioned 2.2 MW solar power project with effect from April 30, 2019 at Village-Sudi, Ta-Bharuch, and district Bharuch under ‘Independent Power Producer (IPP)’ category for United Phosphorous, Vapi for which GEDA has issued Certificate of Commissioning. KPI Global Infrastructure is a solar power generating company focused on providing solar power, both as an ... Read More »

Global Offshore Services trades in green on the BSE

Global Offshore Services is currently trading at Rs. 11.48, up by 0.02 points or 0.17% from its previous closing of Rs. 11.46 on the BSE. The scrip opened at Rs. 11.00 and has touched a high and low of Rs. 11.48 and Rs. 11.00 respectively. The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week ... Read More »

India welcomes UN listing of Masood Azhar as global terrorist

In its reaction, the External Affairs Ministry said Azhar’s designation as a UN proscribed terrorist is a step in the right direction, and that India will continue its efforts to bring terror groups and their leaders to justice. MEA spokesperson said that the 1267 Sanctions Committee’s decision to designate the leader of Jaish-e-Mohammed, Masood Azhar, as a UN proscribed terrorist is ... Read More »

Big diplomatic win for India; Masood Azhar designated global terrorist by UNSC

In a huge diplomatic win for India, the United Nations on Wednesday designated Pakistan-based Jaish-e-Mohammed chief Masood Azhar as a global terrorist after China lifted its hold on a proposal to blacklist him under the Security Council’s Sanctions Committee. “Big, small, all join together. Masood Azhar designated as a terrorist in @UN Sanctions list. Grateful to all for their support,” ... Read More »

Masood Azhar designated global terrorist by UN Security Council

In a huge diplomatic win for India, the United Nations on Wednesday designated Pakistan-based Jaish-e-Mohammed chief Masood Azhar as a global terrorist after China lifted its hold on a proposal to blacklist him under the Security Council’s Sanctions Committee. “Big, small, all join together. Masood Azhar designated as a terrorist in @UN Sanctions list. Grateful to all for their support,” ... Read More »

UNSC declares JeM chief Masood Azhar as ‘Global Terrorist’

Earlier, China said on Tuesday that the vexed issue of designating Azhar as a global terrorist by the UN will be properly resolved. China had put a hold in March on a fresh proposal by the US, UK and France to impose a ban on the chief of the JeM which claimed responsibility for the deadly Pulwama terror attack.  The ... Read More »

Decision on global terrorist tag on JeM chief Azhar likely today

Beijing said on Tuesday that the vexed issue of designating Azhar as a global terrorist by the UN will be properly resolved. China had put a hold in March on a fresh proposal by the US, UK and France to impose a ban on the chief of the JeM which claimed responsibility for the deadly Pulwama terror attack.  The proposal ... Read More »

Tata Global Beverages to acquire branded tea business of Dhunseri Tea

Mumbai : Tata Global Beverages has entered into a non-binding term sheet to acquire the branded tea business of Dhunseri Tea & Industries, for an aggregate consideration of up to Rs 101 crore. The branded tea business of Dhunseri Tea and Industries is presently carried out under the brands ‘Lalghoda’ and ‘Kalaghoda’ which are among the leading local brands in ... Read More »

Datamatics Global Services partners with TechniSMART Solutions

Datamatics Global Services has entered into strategic partnership with TechniSMART Solutions to further expand foothold in the UK & European markets for its RPA product, TruBot. The partnership will bolster Datamatics presence in the global markets and will provide access to strong customer base of TechniSMART Solutions in Manufacturing and Healthcare space. TechniSMART Solutions will be Datamatics’ value added reseller ... Read More »

Karuturi Global’s arm receives 15,000 hectares of land for agricultural activities

Karuturi Global’s (KGL) subsidiary — Karuturi Agro Products Plc. has been granted 15,000 hectares of land for agricultural activities. Earlier in October 2017, the company had been conducted land lease agreement in Gambella people’s National Regional State Etang special and Gikawo woreda in particular on land plot having size of 100,000 hectare however due to various reasons the company has ... Read More »

OnMobile Global, Vodafone Spain unveil entertainment app ‘Kids Planet’

Vodafone Spain in association with OnMobile Global has introduced Kids Planet, an entertainment app with over 3,000 contents from Sanrio, Planeta Junior, Highlights for Children, Lingo Kids, Motion Pictures and many others, with a high educative value, addressed to kids from 3 to 12 years old. Customers will have access, from any device to games, videos, stories and songs starring ... Read More »

Global trade growth faces uncertainties in 2019: WTO report

This year, the WTO lowered its forecast for global trade growth this year from 3.7 percent to 2.6 percent, due to these economic uncertainties. The report points out that in 2018, trade grew by 3 percent due to the tensions and uncertainties in global trade. Some economists predicted that in 2019, the growth rate may drop to 2.6 percent, however ... Read More »

India ranks 76th on WEF global Energy Transition index

The report, released by the WEF, said India is amongst the countries with high pollution levels and has a relatively high CO2 intensity in its energy system. It added that despite this, India has made significant strides to improve energy access in recent years, and currently scores well in the area of regulation and political commitment towards energy transition. The ... Read More »

Global equipment company Epiroc opens new Distribution, Refurbishment and Training Center in Udaipur

Presence in Udaipur for better Customer centricity and focus Udaipur : Epiroc, a Swedish manufacturer of equipment for the Mining, Infrastructure and Natural Resources industries, inaugurated a new Distribution, Refurbishment and Training Center at Udaipur, Rajasthan. The new facility is located in Amberi Bridge area of Udaipur, was inaugurated by Mr. Sami Niiranen, President Underground Rock Excavation and Mr. Sunil ... Read More »

Tata Communications wins Global Product Line Strategy Leadership Award 2019

Mumbai : Tata Communications has been awarded with the 2019 Global Product Line Strategy Leadership Award for Global Hybrid Cloud Services by Frost & Sullivan. The award recognizes the company as a leader in creating a robust, global hybrid cloud offering. The company’s IZO cloud enablement platform acts as a one-stop-shop for customers looking to pursue more deliberate multi-cloud and ... Read More »

Seadrill selects TCS to drive global IT transformation

Tata Consultancy Services (TCS) has been selected by global offshore drilling company Seadrill to transform and maintain its global digital infrastructure. TCS will support Seadrill’s global IT operations across the business, on its mobile offshore drilling rigs as well as its onshore locations, and will provide local support services in the UK, US, Canada, Brazil, Mexico, Saudi Arabia, UAE, and ... Read More »

Zuari Global acquires 48.98% stake in Forte Furniture Products

Zuari Global has acquired around 48.98% shares of Forte Furniture Products India (FFPL) from Indian Furniture Products (IFPL), subsidiary of the Company. IFPL being a subsidiary of the Company, as such the promoters also have an indirect interest in the entity acquired and IFPL being related party the transaction falls under the related party transaction. The cost of acquisition is ... Read More »

Tata Motors Group’s global wholesales decline by 9% in February

Tata Motors Group global wholesales in February 2019, including Jaguar Land Rover, were at 110,262 nos., lower by 9%, as compared to February 2018. Global wholesales of all Tata Motors’ Commercial Vehicles and Tata Daewoo range in February 2019 were at 84,512 nos., lower by 9% over February 2018. Global wholesales of all Passenger Vehicles in February 2019 were at ... Read More »

4th Global Digital Health Partnership summit inaugurated

The Global Digital Health Partnership is an international collaboration of governments, government agencies and multinational organisations dedicated to improving the health and well-being of their citizens through the best use of evidence-based digital technologies. The summit will provide an opportunity to support governments and health system reformers to improve the health and well-being of their citizens through digital technologies. Speaking ... Read More »

J P Nadda inaugurates 4th Global Digital Health Partnership Summit

The global intergovernmental meeting on digital health is being hosted by the Ministry of Health and Family Welfare in collaboration with World Health Organization (WHO) and the Global Digital Health Partnership (GDHP). Mr Upendra Yadav, Deputy Prime Minister and Minister for Health, Nepal, Dr Tawfiq Al Rabiah, Minister of Health, Kingdom of Saudi Arabia (Video Address) Mr Zahid Maleque, Minister of Health and Family Welfare, Bangladesh, ... Read More »

PM Modi addresses Global Business Summit in New Delhi

Addressing the Global Business Summit in New Delhi, Mr Modi said, he wants the nation to have countless startups, and be a leader in the global drive towards renewable sources of energy. The Prime Minister said that government is working hard to create a New India which fulfils the aspirations and dreams of 130 crore Indians. He said, his vision ... Read More »

Digital India journey evinced global interest: Ravi Shankar Prasad

123 crore Aadhar..121 crore mobile phones..56 crore internet..in the next 5 years..digital economy of 1 lakh crores..This is India’s digital journey in IT and electronics sector.. Through the medium of Digital India…focus is on e-hospitals, NIC in primary education, expansion in agriculture services through NIC, pension scheme and digital payments. At the event..Digital India Compodium was also released.. Digidhan Mitra ... Read More »

India, China contribute most to global greenery: NASA

The world is getting literally greener than it was 20 years ago, the study published in the latest edition in Nature Sustainability on Monday said. It showed that at least 25 per cent of the global foliage expansion since the early 2000s came from China, with India close behind. This surprising new development detected by NASA satellites showed that the ... Read More »

Global sea level rising faster than thought previously

Scientists have warned that the global sea level may be rising faster than previously thought. It is further stated that the current measurement method underestimates the severity of the problem. Relative sea-level rise, which is a combination of rising water level and subsiding land, is traditionally measured using tide gauges. Researchers from Tulane University in the US argue that in coastal ... Read More »

Global sea level may be rising faster than previously thought: Scientists

The research, published in the journal Science, questions the reliability of how sea-level rise in areas such as southern Louisiana in the US is measured.  It further stated that the current measurement method underestimates the severity of the problem. Relative sea-level rise, which is a combination of rising water level and subsiding land, is traditionally measured using tide gauges. Researchers ... Read More »

WTO Chief calls for urgent steps to deal with emerging global trading challenges

The WTO chief’s warning came as the world leaders were debating on emerging threats to international trading systems amid a growing clamour in several countries for inward looking policies. Roberto Azevedo  said, the challenges are bigger than ever before.  Mr Azevedo asserted that the multilateral trading system is viable. He said that the system has to respond to global reality ... Read More »

PM Modi inaugurates 9th Vibrant Gujarat Global Summit in Gandhinagar

The main theme of 9th edition of Vibrant Gujarat Global Investors Summit 2019 is “Shaping a new India. Speaking at the inaugural function, PM Modi said that India is ready for business as never before. PM Modi said, in last 4 years, we have jumped 65 places in World Bank’s Doing Business Report and his team is worker harder to ... Read More »