Funding by venture capitalists in direct-to-consumer(D2C) aggregators expanded 30 times in a year to reach nearly $1.2 billion in 2021, according to the latest report by Bain and Company. From a $40 million investment in 2020, VC investment surged to $1187 million in 2021, helping create four new unicorns in ...
The Ministry of Ports, Shipping and Waterways decided to develop and build India’s first indigenous Hydrogen Fuelled Electric Vessels at Cochin Shipyard Ltd (CSL). This has kick started the efforts of the country towards green shipping.Shipping Minister Sarbananda Sonowal said that the plan for building Hydrogen Fuelled Electric Vessels is ...
Vedanta is in talks with banks to raise debt of $2.5-$3 billion to bolster its semiconductor and display manufacturing plans, as it races to become the country's first chipmaker, a top company official told Reuters on Saturday.The oil-to-metals conglomerate decided in February to diversify into chip manufacturing and formed a ...