Govt issues draft Merchant Shipping Bill for public consultation

LTIMindtree Wins $450 Million Agribusiness IT Deal

LTIMindtree has secured a landmark $450 million contract with a global agribusiness leader, marking the largest deal in the company’s history. The seven-year agreement will see the firm deploy an AI-powered operating model to provide application management, infrastructure support, and cybersecurity services.The new digital model, underpinned by platforms such as SAP S/4HANA, Microsoft Azure, and ServiceNow, as well as LTIMindtree’s proprietary AI frameworks, aims to boost the client’s operational efficiency, scalability, and global expansion capabilities.Announcing the deal on Monday, LT..

Kerala Floats Tender for 1,000 MWh Battery Storage Project

Kerala is set to make a major leap in renewable energy reliability as NTPC Green Energy Limited has issued an engineering, procurement, and construction (EPC) tender for a 250 MW/1,000 MWh battery energy storage system (BESS) at its Kayamkulam facility. The project is poised to significantly enhance grid stability and support the state’s clean energy goals by addressing the intermittency of solar and wind power.The system will be developed in two equal blocks—each of 125 MW/500 MWh. Block-1 will be connected to the site’s existing 33 kV solar pooling switchgear, while Block-2 will interf..

Kokuyo Eyes $100 Mn India Sales in Office Furniture by 2030

Japan’s Kokuyo, which acquired office furniture maker HNI India last month from NYSE-listed HNI Corporation, is targeting over threefold growth in the country’s office furniture segment by 2030.“India is central to our Asia growth story, alongside Japan and China,” said Koji Higashiguchi, Kokuyo’s India investment manager. “Following the acquisition of HNI India, our goal is to reach USD 100 million (Rs 8.5 billion) in annual office furniture revenue in India by 2030, leveraging the country’s economic momentum,” he added.Mumbai-based HNI India currently generates annual revenue..