ADB to end financing for coal mining, oil and natural gas activities

CCI Approves Thriveni Demerger and Lloyds Stake Acquisition

The Competition Commission of India (CCI) has approved a combination involving the demerger of the Mining Development and Operations (MDO) business of Thriveni Earthmovers Private Limited (TEMPL) into Thriveni Earthmovers and Infra Private Limited (TEIPL), along with a significant stake acquisition by Lloyds Metals and Energy Limited (LMEL).As per the approved structure, TEMPL will transfer its MDO business—spanning exploration, mine development, mining, beneficiation, and logistics of iron ore, coal, baryte, and manganese—into TEIPL. Subsequently, LMEL will acquire approximately 79.82 per..

HGS Launches AI-Powered Digital CX And Data Innovation Hub in Waterloo

Hinduja Global Solutions Limited (HGS) has opened a new AI-powered digital customer experience (CX) and data innovation centre in Waterloo, Ontario, Canada. The centre, launching on May fifteenth, 2025, aims to enhance customer engagement through AI-driven automation, analytics, and cloud-based solutions.This expansion supports HGS’s commitment to digital transformation and will initially create up to one hundred and fifty jobs. Roles will include positions in automation, data analytics, artificial intelligence, IT support, bilingual customer experience agents, talent management, human resou..

Maverick Simulation Solutions to Invest Rs 500 Mn in R&D

Maverick Simulation Solutions, a leading Indian company that manufactures simulation solutions for medical and nursing training, has announced an investment of Rs 500 million into its research and development division. The investment will be used to enhance product innovation in areas such as Task Trainers, High End Simulators, CPR Trainers, etc. and to integrate advanced technologies like artificial intelligence, augmented reality, and virtual reality into its training solutions. The funds will also support the creation of new prototypes and the strengthening of in-house capabilities across e..