IndiGrid issues first AAA debentures by an InvIT

IndiGrid, India’s first Infrastructure Investment Trust (“InvIT”) in the power sector, successfully completed an investment in Patran Transmission Company Limited (“PTCL”). This is IndiGrid’s first investment in a third-party... Read more »

Amrita Vishwa Vidyapeetham Students Win TCS’ EngiNX 2018 for creating a Digital Twin in ‘Smart Manufacturing’

Tata Consultancy Services (TCS), a leading global IT services hosted the grand finale of the sixth edition of its premier engineering and Internet of Things (IoT) challenge, EngiNX –... Read more »

Mid-year FY19 Auto & Auto Ancillaries Outlook: Macroeconomic Factors to Boost Demand; Evolving Regulatory Framework

India Ratings and Research (Ind-Ra) has maintained a stable outlook for the auto sector for the remainder of FY19. This is in line with Ind-Ra’s earlier expectations of moderate... Read more »

Cigna TTK Health Insurance receives IRDAI approval to partner with Manipal Group

Cigna TTK Health Insurance Company Limited (Cigna TTK) has received necessary regulatory approvals, from the Insurance Regulatory and Development Authority of India (IRDAI) to partner with Manipal Group, a... Read more »

Abhishek Rege, CEO Endemoul Shine India named amongst ‘Economic Times 40 under 40’ for 2018

Abhishek Rege, CEO, Endemol Shine India has been awarded The Economic Times- Spencer Stuart ’40 under 40’ India’s hottest business leaders Award 2018 at a function held on 30th August... Read more »

MobiKwik offers credit card payments for all Visa card holders

MobiKwik, one of India’s largest digital financial services platform, has announced the launch of on-the-go credit card bill payments on its app. MobiKwik will be offering this payment to... Read more »

India Ratings and Research: Lenders with Exposure to Kerala Brace for a Jolt Amid Floods

 The Kerala floods could materially affect the unsecured lending (microfinance institutions), SME businesses and the state’s agriculture output, resulting in higher loan slippages and insurance claims, says India Ratings... Read more »

IEX Trades 5.08 Lac in Trading Session held on 29th August, 2018

The REC trading session held on Wednesday, 29th August, 2018, saw a total trade of 5,07,811 lac RECs comprising of 2,91,588 lac Non-Solar RECs and 2,16,223 lac Solar RECs.... Read more »

Tata Power does World’s largest solar rooftop installation at CCI, Mumbai 

Tata Power Solar, India’s largest integrated solar company and Tata Power’s wholly-owned subsidiary, has commissioned 820.8kWp at Cricket Club of India, Mumbai. The project was executed by Tata Power Solar... Read more »

Cap on Solar Tariffs Pose Threat to Capacity Addition Plans and Project Viabilit: Ind- Ra

Any cap on solar power tariffs in future auctions could dampen free market sentiment and prove to be an Achilles heel for the plans of the Ministry of New... Read more »