Birla built India with cement, now it wants to wire up what powers it with a ₹1,800 crore bet

In an ambitious move, Aditya Birla Group has unveiled Ultravolt, a new enterprise dedicated to wires and cables. The company seeks to establish itself as a top contender within five years, utilizing the extensive distribution reach of UltraTech Cement. This launch responds to India’s growing needs in the construction and electrification sectors, signaling a pivotal…

Sarbananda Sonowal pushes zero-emission shipping corridors, urges ports to fast-track green fuel readiness

Union Minister Sarbananda Sonowal reviewed green shipping initiatives at TERI’s Gwal Pahari campus. He emphasized the ministry’s priority on decarbonizing the maritime sector. Ports are preparing for alternative fuels and cleaner maritime trade routes. Initiatives include green fuel bunkering hubs and shore power facilities. India aims to lead in the global shift towards green shipping.

‘Are we slaves to others?’: Kenyan President Ruto orders Tata Chemicals to halt operations

Kenyan President William Ruto has ordered Tata Chemicals to stop its operations in Kenya. The President stated the company’s presence failed to deliver sufficient benefits to the nation. He announced two new companies will take over the existing operations. Ruto criticized the company for a century-long contract without local factory development. New firms will establish…

Rays of Belief IPO subscribed 107x on Day 3, as GMP rises to 20%

Rays of Belief’s IPO was subscribed over 107 times, showing significant investor demand. Retail and non-institutional investors showed exceptional interest in the company’s offering. The company plans to use IPO proceeds for expanding its learning and education infrastructure. Financials reveal strong revenue growth but a slight dip in profitability. Investors may consider this a potential…