Adani Group Invests $240M in Global Skills Academy
The Adani Group has announced a partnership with ITE Education Services (ITEES) of Singapore to establish a world-class talent pipeline for industries such as Green Energy, Manufacturing, Hi-tech, Project Excellence, and Industrial Design. The initiative will see an investment of over $240 million by the Adani family to set up internationally benchmarked schools of excellence, named Adani Global Skills Academy. These finishing schools will train students from technical and vocational backgrounds, equipping them with industry-relevant certifications. Graduates will have employment opportunities..
Swiggy to Invest $120M in Scootsy for Expansion
Food and grocery delivery giant Swiggy Ltd announced on Friday that it will invest up to $120 million in its wholly owned subsidiary Scootsy Logistics in one or more tranches. Scootsy specializes in supply chain services and distribution, including warehouse management, in-warehouse processing with value-added services, and order fulfillment for wholesalers and retailers. "We wish to inform that the Board of Directors of the company, at its meeting held on Friday, February 21, 2025, has approved the investment by the company in the equity shares of Scootsy Logistics Private Limited, a wholly..
Raising the Bar!
In a game-changing move for the construction industry, the First Construction Council (FCC) made waves in 2018-19 with its critical analysis of thermo-mechanically treated (TMT) bars – a cornerstone of reinforced concrete construction. Through a rigorous sample test of 26 TMT bar brands, the results revealed a startling reality: 18 out of 26 brands failed to meet quality parameters, as crucial elements like phosphorous and sulphur exceeded acceptable limits. The tests were conducted at a time when India’s infrastructure sector was surging, with an estimated Rs 5.97 trillion earmarked ..
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