Tata Steel partners with British High Commission to fund R&D Projects

17 Jul 2023 CW Team

Tata Steel, in collaboration with the British High Commission in India, has announced its commitment to funding research and development (R&D) projects in the low carbon hydrogen sector. This partnership is part of the 'UK-India Hydrogen Partnership Sprint Series' initiative. Tata Steel will provide around Rs 8.3 million in funding for two innovative projects focused on low carbon hydrogen.

In a statement, Tata Steel mentioned that the initiative is open to participants from both India and the UK. The company outlined two specific challenges that proposals bidding for the grant should address. The first challenge is the development and implementation of hydrogen technologies to promote sustainability in the industrial sector. The second challenge involves finding solutions for hydrogen storage and purification.

Tata Steel recognises the urgent need for the steel industry to decarbonise in a manner that is both technologically advanced and economically viable. The current carbon footprint of the steel sector is unsustainable, and clean hydrogen, while a promising solution, faces various challenges in terms of its practical implementation and operation.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..