OPINION: Policy design for scaling clean hydrogen supply and demand

The supply chain of Green Hydrogen is complex like any other fossil fuel commodity and includes production from renewable energy sources, storage and delivery (if the production and demand centres are not co-located). Clean hydrogen will play in key role in net-zero transitionsIn a previous article we examined the clean – blue and green –… Continue reading OPINION: Policy design for scaling clean hydrogen supply and demand

Russia-Ukraine crisis: Can Indian exporters fill the gap in the global commodities market?

While India also has an RCA in copper, it became a net importer of the metal following the closure of a major copper smelter in 2018 due to environmental concerns. The Russian invasion of Ukraine is a significant humanitarian crisis that has far-reaching global implications. Supply chains are experiencing substantial disruptions as sanctions affect energy,… Continue reading Russia-Ukraine crisis: Can Indian exporters fill the gap in the global commodities market?

DCM Shriram focusing on developing, manufacturing versatile drones: Joint President

“Currently, it (drone) is at a testing stage. So, there is no real scale right now…In the next few weeks, we will be sending our products (drones) for proper qualitative trials,” Shriram said. DCM Shriram Industries is focusing on developing and manufacturing versatile drones that will be used not just in the defence sector but… Continue reading DCM Shriram focusing on developing, manufacturing versatile drones: Joint President

India is an attractive investment opportunity: Goldman Sachs CEO David Solomon

David Solomon, chair and chief executive of the Wall Street bank Since 2006, Goldman Sachs has invested nearly $7 billion in India of proprietary as well as client capital that it manages, and continues to see opportunities, given the growth prospects, said its top executive. “A great tech ecosystem coupled with innovation has developed here… Continue reading India is an attractive investment opportunity: Goldman Sachs CEO David Solomon

Elon Musk highest-paid CEO, followed by Tim Cook: Report

Tesla CEO Elon Musk SAN FRANCISCO: Tesla and spaceX CEO Elon Musk has topped the list of the most highly compensated CEOs on the Fortune 500 in 2021. After Musk, the 10 most highly compensated Fortune 500 CEOs of 2021 are all tech and biotech CEOs, including the heads of Apple (Tim Cook), Netflix (Reed… Continue reading Elon Musk highest-paid CEO, followed by Tim Cook: Report

‘Drone Destination’ to establish 150 drone pilot training schools by 2025: CEO

Drone Destination is India’s first remote pilot training organisation approved by aviation regulator Directorate General of Civil Aviation (DGCA) under the new Drone Rules, 2021. It currently runs six remote pilot training schools in the country. Delhi-based company ‘Drone Destination‘ plans to establish at least 150 drone pilot training schools across the country by 2025,… Continue reading ‘Drone Destination’ to establish 150 drone pilot training schools by 2025: CEO

Adani Group’s drone division exploring two revenue models similar to tractor industry

The Adani Group‘s commercial drones division is exploring two revenue models — dealer-based and service-based — while keeping its primary focus on the agriculture sector, a top official of the conglomerate said on Saturday. In a dealer-based model, the equipment is sold directly to the customer. In a service-based model, the equipment is provided for… Continue reading Adani Group’s drone division exploring two revenue models similar to tractor industry

FPI sell-off continues; pull out Rs 39,000 cr from equities in May so far

Apart from equities, FPIs put in Rs 1,403 crore in the debt markets during the period under review, after pulling out a net Rs 8,705 crore in the last two months (February and March). New Delhi: Continuing their selling spree, foreign investors have dumped Indian equities worth over Rs 39,000 crore this month so far… Continue reading FPI sell-off continues; pull out Rs 39,000 cr from equities in May so far

After 8 months of relentless outflows, is FPI selloff showing signs of slowdown?

Over the last eight months, foreign portfolio investors (FPIs) have dumped Indian stocks at a pace comparable only with that of the Global Financial Crisis, with their net sales crossing the INR 2 lakh crore mark earlier this month. There are several factors prompting overseas investors to exit Indian stock markets in droves. Stretched valuations,… Continue reading After 8 months of relentless outflows, is FPI selloff showing signs of slowdown?

Over 5,000 vehicle drivers, motorists penalised in a week for flouting rules: Noida Police

Challans have been issued against more than 5,000 vehicle drivers and motorists in a week across Noida and Greater Noida for flouting traffic rules and road safety norms, the Gautam Buddh Nagar police said on Saturday. The action was taken between May 19 and 27 on instructions of Police Commissioner Alok Singh following directions from… Continue reading Over 5,000 vehicle drivers, motorists penalised in a week for flouting rules: Noida Police