NK Singh Advocates Incentives for Pro-Business States

Effective citizen feedback at the core of all our initiatives

After being ranked the cleanest city five times, Indore has bagged top spot for the ‘Best Smart City’ in India at the National Smart Cities Conclave 2023. So R Srinivasan spoke to Divyank Singh, CEO, Indore Smart City Development (ISCDL), who elaborated upon how technology has been leveraged in development of the smart city; measures taken to alleviate issues such as the high cost of water, slums, contamination of Kanh river by sewage and waste discharge; a public transport with 0.045 buses per 1000 population against the benchmark of ..

Indore civic body's green bonds oversubscribed in 3 hours

Indore Municipal Corporation's (IMC) green bond of Rs 2.44 billion was oversubscribed within three hours of the IPO's opening on Friday, raising Rs 3 billion in interest and exceeding the Rs 6 billion barrier by 5 p.m.

To lower its electricity costs, the local civic body will build a 60 MW captive solar power plant on 100 acres of property in Khargone.

On Saturday, technical bids for the solar plant's construction will be opened. "IMC today became the country's first civic body to issue an IPO," said ISCDL CEO Divyank Singh, adding that the "overwhelming response of inve..

Indore plans India's first retail municipal green bond for solar plant

Indore is planning to issue the nation’s first local government bond targeting individual investors, with proceeds used to fund a solar power project. Indore Municipal Corp. seeks to raise as much as Rs 2.60 billion ($31.8 million) via a 10-year bond sale next month, according to Divyank Singh, CEO of Indore Smart City, who is working with various stakeholders to finalise the offering.

The offering from Indore, which is in the central state of Madhya Pradesh, is also set to be the country’s maiden municipal green bond designed for retail investors. The issuer has mandated A K..

TVS Motor Unveils Electric Two-Wheeler

TVS Motor Company, a leading two-wheeler manufacturer in India, has unveiled its latest addition to the electric vehicle segment with the launch of the TVS iQube Electric in Bengaluru. This move marks the company's foray into the burgeoning electric vehicle market, aligning with the global shift towards sustainable mobility solutions.

The TVS iQube Electric promises to redefine urban commuting with its advanced technology and eco-friendly features. Boasting a sleek design and compact structure, the electric scooter is tailored to meet the evolving needs of urban commuters, offering a s..

Chinese EV Giant Leapmotor Eyes Indian Market

Chinese electric vehicle (EV) manufacturer Leapmotor is poised to make a significant entry into the Indian market in the third quarter of the 2024-25 fiscal year. With India rapidly transitioning towards electric mobility, Leapmotor's arrival could mark a pivotal moment in the country's automotive industry.

Leapmotor's decision to venture into India underscores the growing appeal of the country as a lucrative market for EV manufacturers worldwide. As one of the world's largest automotive markets, India presents immense opportunities for companies looking to capitalise on the increasing..