

Tembo Global Industries Secures Rs 3.16 Bn to Drive Expansion in EPC
Tembo Global Industries has successfully raised Rs 3.16 billion through a mix of preferential equity shares and share warrants. The fundraise saw strong participation from investors, including company promoters and strategic investor Mohammed Abdul Nayeem, Founder & Chairman of Masah Construction Company, Saudi Arabia.Out of the total capital raised, Rs 1.98 billion came from preferential allotment to funds and high-net-worth investors, while Rs 1.18 billion was infused through share warrants by promoters and the strategic partner, reaffirming their long-term commitment.The proceeds will b..

REC honoured with ‘Best Design Thinking Award’ at DNA Awards 2025
REC, a Maharatna NBFC under the Ministry of Power, has received the ‘Best Design Thinking Award’ at the 5th Distinguished NBFC Awards (DNA Awards) hosted by Banking Frontiers.The award acknowledges REC’s digital initiatives in Retail Bonds, highlighting the company’s efforts to leverage technology and design thinking to improve customer experience and service delivery.Jitendra Srivastava, CMD, REC, congratulated the finance team for their commitment and contribution towards driving innovation. Harsh Baweja, Director (Finance), along with senior officials, joined in celebrating the reco..

How India’s Logistics Sector Becoming Smarter, Faster, and Fairer
India’s logistics system, once criticized for being slow and fragmented, is now showing signs of a genuine turnaround. Policy reforms, new infrastructure, and rapid adoption of technology are changing the way goods move across the country. Officials argue the impact will be felt not just in lower costs, but in faster operations and more equitable opportunities for small businesses.Smarter: Digital Innovation Taking HoldThe biggest shift has been digital. Artificial Intelligence (AI), Machine Learning (ML), IoT and block chain are no longer buzzwords, they are now being used on the ground. Fl..