129Knots Founded by Indian-Origin Entrepreneurs Launches First of its Kind OTD Technology with USD 10M Investment and USD 500M Deal in Pipeline
New Delhi, Delhi, India: Global fintech venture 129Knots, founded by Indian-origin leaders, has launched with a $10 million investment led by Sing Fuels. Backed by a $500 million deal pipeline, it is set to revolutionize the industry with its real-world asset origination to distribution (OTD) technology.
Hultsfred solar farm, co-developed and co-owned by Alight and Neoen, secures €53 million debt financing from Danske Bank
Stockholm, Sweden, January 27, 2024 — A €53 million debt package has been closed with Danske Bank to finance the 100 MWp solar park being co-developed in Hultsfred, Sweden by Alight, a leading Swedish solar independent power producer, and Neoen, one of the world’s leading producers
Aker Solutions ASA: Aker Solutions and SLB Capturi awarded contract for Hafslund Celsio’s Carbon Capture and Storage Solution
January 27, 2025 – Aker Solutions and SLB Capturi have been awarded a contract for the carbon capture and storage solution at Hafslund Celsio’s waste-to-energy plant in Oslo, Norway. The contract will deliver a carbon capture plant, a liquefaction system, temporary storage, and loading facility at the
OpenAI to face digital news firms of Mukesh Ambani, Gautam Adani in copyright battle
News agency ANI filed a lawsuit against OpenAI in 2024. File | Photo Credit: Reuters Digital news units of billionaires Gautam Adani and Mukesh Ambani, and other outlets such as TheIndian Express and the Hindustan Times, have mounted a legal challenge against OpenAI’s improper use of copyright content, legal papers
Saudi Sports for All Federation to Launch International Sporting Events in February 2025, Uniting SFA Expo and Riyadh Marathon
Riyadh, Saudi Arabia: The Saudi Sports for All Federation (SFA) has announced a new initiative taking place from February 5-8, 2025, combining two major events: the SFA Expo and Riyadh Marathon. This initiative aligns with SFA’s mission to inspire healthier lifestyles and foster community engagement
Should you link your credit card to UPI?
Linking your credit card to UPI can enhance transaction convenience and help you maximize rewards and benefits, if used wisely. | Photo Credit: Getty Images Since the integration of Rupay Credit Cards with UPI, a number of credit card issuers have launched Rupay variants of their popular cards, with some
An annual mutual fund ritual
Previously, in this column, we discussed the cost of switching from a regular plan to a direct plan for your mutual fund (MF) investments. To complete the discussion, we look at the growth and income distribution cum capital withdrawal (IDCW) options offered by fund houses. Reinvesting cashflows The IDCW option
India’s exports to U.S. up 5.57% to $60 bn in April-December FY25
Representative image | Photo Credit: Reuters India’s exports rose by 5.57% to $59.93 billion during April-December this fiscal on account of healthy demand in the American market for domestic goods, according to government data. During December, the shipments increased by 8.49% to $7 billion, the data showed. On the other
Sale of profit-making FSNL to Japanese company anti-national: CITU
Tapan Sen, former MP and CITU general secretary. | Photo Credit: RAO GN Left-leaning Centre of Indian Trade Unions (CITU) has questioned the Union government’s decision to sell public sector firm Ferro Scrap Nigam Limited (FSNL) to a Japanese corporation. A subsidiary of MSTC Limited, the FSNL had recently made
NTPC Green Energy Q3 profit grows 18% to ₹66 crore
Image for representative purposes only | Photo Credit: Special arrangement NTPC Green Energy Ltd (NGEL) on Saturday (January 25, 2025) reported an 18% rise in consolidated net profit at ₹65.61 crore for the December quarter FY25, on account of higher income. It had logged ₹55.61 crore net profit in the