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Adani Group to Raise $3.5 Billion Through Share Sale in 3 Companies
The entire fundraising of $3.5 billion, which would go to fund the capital expenditure needs of the group, is likely to be completed within the second quarter (July-September) of the current fiscal.
- Region
- Asia Pacific
- Tags
- renewable energy, scale
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ONGC Plans $12 Billion Green Energy Spend
India’s Oil and Natural Gas (ONGC) aims to invest Rs 1 trillion ($12.1 billion) by 2030 in a bid to balance its fossil fuel-heavy energy portfolio with green projects.
- Categories
- Energy
- Region
- Asia Pacific
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OpenAI’s ChatGPT App Is Now Available for iOS Users in India
In the past six days alone, ChatGPT has been downloaded more than 500,000 times.
- Categories
- Technology
- Region
- Asia Pacific
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India’s Scaler Acquires Local Edtech Firm to Bolster Offerings
Scaler, an India-based edtech firm, has acquired Pepcoding for an undisclosed amount.
- Categories
- Education, Technology
- Region
- Asia Pacific
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Clime Capital, Touchstone Partners Back Solar Cleantech Platform ‘Stride’ to Accelerate Vietnam’s Low-Carbon Transition
Stride helps residential and small business consumers take the next step toward a clean energy future.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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Sudden Reduction of Subsidy of Electric Two-Wheelers May Lead to Major Decline in EV Adoption in India
The Heavy Industries Ministry has notified changes for reducing subsidy provided under FAME-II (Faster Adoption of Manufacturing of Electric Vehicles in India) scheme applicable on electric two-wheelers registered on or after June 1, 2023.
- Categories
- Energy, Technology
- Region
- Asia Pacific
- Tags
- e-mobility, transportation
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Press Release: Vivriti Asset Management Launches India’s First Securitization Fund With Investment From IFC and M&G Catalyst, to Boost Financing for Small Businesses and Address Gender Gaps
Millions of low-income households and micro and small enterprises (MSEs), especially women-owned MSEs, will have improved access to finance with the investment.
- Categories
- Finance
- Region
- Asia Pacific
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Uber Steps up EV Push in India With Uber Green
Ride-hailing platform Uber Technologies (UBER.N) is stepping up its efforts to go green in India.
- Categories
- Energy, Technology
- Region
- Asia Pacific
