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Tata Power Solar’s Tamil Nadu facility will be the second such manufacturing unit after Bengaluru. (Photo: Bloomberg)

Tata Power to invest ₹3,000 cr to set up solar cell, module unit in Tamil Nadu

NEW DELHI: Tata Power has signed a Memorandum of Understanding with the Tamil Nadu government to invest about ₹3,000 crore to set up solar cell, module manufacturing unit in Tirunelveli, Tamil Nadu. The MoU outlines the commitment made by both parties to stimulate clean energy transition and employment in the state. The investment in the …

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Mirae Asset Financial Services claims that this is one of the first end-to-end digital and paperless LAMF offering.

Mirae Asset enters lending business, to offer loans against MF holdings

Non-banking financial company Mirae Asset Financial Services, a subsidiary of Mirae Asset Group, has entered the lending business with loan against mutual funds (LAMF) as the first product. The company has introduced an online mobile application through which consumers can avail of LAMF facility within minutes. Mirae Asset Financial Services claims that this is one …

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Asit is currently the CEO of Prudential Myanmar Life Insurance.

Aviva Life Insurance announces Asit Rath as new CEO

Aviva India on Monday announced the appointment of Asit Rath as chief executive officer (CEO) and managing director. Asit will take up his role on July 11 and succeed Amit Malik who is leaving the business after 10 years. Randy Lianggara, Regional CEO, Asia said, “Asit has a proven track record in transforming and innovating …

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Choice Hotels signs 15-year master franchise agreement with Suba Group

Choice Hotels in India has signed a 15-year deal with Suba Group of Hotels as it aims to transition from a direct franchise market to a master franchise model. The Suba Group will assume the responsibility as the master franchise holder for the 58 hotel properties open and under development in India. The company also …

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Akasa Air unveils its airline crew uniform. (@AkasaAir)

Rakesh Jhunjhunwala-backed Akasa Air unveils its airline crew uniform

Rakesh Jhunjhunwala-backed Akasa Air, India’s newest airline, today unveiled the first look of its airline crew uniform, featuring a youthful and contemporary design, and colours that reflect the warm, friendly and happy personality of Akasa Air. Keeping in mind ergonomics, aesthetics and comfort, Akasa Air is the first Indian airline to have introduced custom trousers, …

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Papneja takes over the role from Ashish Gumashta who will assume the role as executive chairman, Julius Baer Wealth Advisors (India).  (AFP)

Julius Baer appoints Umang Papneja as India unit CEO

Julius Baer, the Swiss wealth management group, on Monday announced the appointment of Umang Papneja as the new chief executive officer (CEO) for Julius Baer India, effective 1 August, 2022. Papneja will report to Rahul Malhotra, head global India and developed markets. He takes over the role from Ashish Gumashta who will assume the role …

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Union education minister Dharmendra Pradhan along with other officials during the signing of the MoU in Hyderabad.

Greenko partners IIT Hyderabad to set up school of sustainable science & tech

NEW DELHI : New Delhi: Renewable energy major Greenko and IIT Hyderabad have signed a memorandum of understanding (MoU) to launch India’s first dedicated school for sustainable science and technology. A statement from the company said that the ‘Greenko School of Sustainable Science and Technology’ (GSSST) aims to plug the rising research, education, and skills …

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