BoB aims to double tech team headcount to 3,000 by FY26-end

BoB aims to double tech team headcount to 3,000 by FY26-end

Monday, 24 June 2024 | PTI | Mumbai

State-owned Bank of Baroda is aiming to double its in-house technology team headcount to 3,000 in the next two years, a top official has said. The new additions to the current team strength of 1,500 employees will be done both through the regular hiring processes and lateral hires of specialist talent,...

Firm wins bid for world’s first flue gas CO2 to 4G ethanol project

Sunday, 23 June 2024 | PNS | New Delhi

New energy transition platform Jakson Green has announced its plans to establish the world’s first flue gas CO2 to 4G ethanol project for a power plant. Serving as the Engineering, Procurement, and Construction (EPC) partner, Jakson Green aims to operationalise the project within two years. The initiative, located in Lara, Chhattisgarh,...

Durlax Top Surface Rs 40.80 cr IPO subscribed over 161 times

Sunday, 23 June 2024 | PTI | New Delhi

Solid surface manufacturer Durlax Top Surface’s Rs 40.80 crore initial public offer has been oversubscribed nearly 161 times, the company said on Saturday.  According to the exchange data, the IPO received bids for around 87 crore shares against 60 lakh shares on offer for subscription, Durlax Top Surface said in a...

Newsdrum is set to expand operations

Sunday, 23 June 2024 | PNS | New Delhi

After completing two years in the media space, general news platform Newsdrum is set to expand operations on the back of technology and Artificial Intelligence-led tools and innovations. The platform has enabled AI-led features including but not limited to content repurposing, AI Web Stories and content distribution. The portal has aimed at...

Plans to empower 65 lakh underprivileged youth with employability skills

Sunday, 23 June 2024 | PTI | Mumbai

Magic Bus, a non-profit organisation in the education and skilling space, aims to impart essential life and employability skills in over 65 lakh young people from marginalised communities over the next five years. The NGO operates in 23 states and union territories and operates out of 117 livelihood centres, of which...

Entrepreneurship presents viable path to economic rejuvenation: Arora

Sunday, 23 June 2024 | PTI | Chandigarh

Entrepreneurship presents a viable path to economic rejuvenation and a thriving entrepreneurial ecosystem can drive sustainable growth, leading cybersecurity major TAC Security founder Trishneet Arora has said. Arora believes that fostering a culture of entrepreneurship can be the key to revitalizing Punjab’s economy and addressing its financial woes and the path...

Prestige Estates plans to raise up to Rs 5,000 crore via QIP; monetise hotel biz

Sunday, 23 June 2024 | PTI | New Delhi

Realty firm Prestige Estates Projects Ltd plans to raise up to Rs 5,000 crore by selling equity shares to institutional investors and also monetise its hotel business through issuance of shares of its arm Prestige Hospitality Ventures. Prestige Estates is one of the leading real estate developers in the country. It is...

Indian deeptech startups count surges in 2023 but funding plummets 77 per cent: Nasscom

Sunday, 23 June 2024 | PTI | New Delhi

India saw a significant surge in deeptech startups in 2023 with 480 new ventures emerging, making it the third largest pool globally, a report said. However, the report by technology industry body nasscom and global consulting firm Zinnov highlighted the worrying trend of a funding winter, posing a major challenge for...

Sunday Edition

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Sculpting India’s Cultural Landscape

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Exploring Humanity’s Connection in Art

14 July 2024 | Team Agenda | Agenda