Month: August 2025

Govt may roll out ₹2,250 crore export promotion mission soon: Official

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Govt may roll out ₹2,250 crore export promotion mission soon: Official

Image used for representative purpose only. | Photo Credit: Reuters The government is expected to soon announce support measures under the proposed ₹2,250 crore export promotion mission to help insulate industry from global trade uncertainties arising from Trump tariffs, an official said. “We are in dialogue with exporters to see how we can support them…

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Business

Prestige Group acquires 102 acres of land in Q1 to build homes worth ₹20k crore

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Prestige Group acquires 102 acres of land in Q1 to build homes worth ₹20k crore

Prestige Khoday Tower. Image used for representative purpose only. | Photo Credit: K. Bhagya Prakash Realty firm Prestige Estates Projects Ltd has acquired 102 acres of land in the April-June quarter to build housing projects, with a potential to generate revenue of more than ₹20,000 crore. Looking to expand its residential real estate business, Bengaluru-based…

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Business

Why does an elevator need three electrical phases to operate?

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Why does an elevator need three electrical phases to operate?

Elevators include components such as hydraulic lifting motors, ventilation pumps, and control panels that together demand a balanced power supply. | Photo Credit: Sung Jin Cho/Unsplash Because elevators are critical systems, downtime is expensive and dangerous. To avoid this, elevators need three-phase electrical power to meet its high power demand without compromising their reliability. Elevators…

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Science

Apollo 13 moon mission leader James Lovell dies at 97

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Apollo 13 moon mission leader James Lovell dies at 97

James Lovell, the commander of Apollo 13 who helped turn a failed moon mission into a triumph of on-the-fly can-do engineering, has died. He was 97. Lovell died pn Thursday (August 7, 2025) in Lake Forest, Illinois, NASA said in a statement on Friday. “Jim’s character and steadfast courage helped our nation reach the Moon…

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Science

Reliance Infrastructure to recover ₹28,483 crore worth of power dues

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Reliance Infrastructure to recover ₹28,483 crore worth of power dues

Image used for representative purposes. | Photo Credit: The Hindu BSES Yamuna Power Ltd. and BSES Rajdhani Power Ltd., the two subsidiaries of Reliance Infrastructure, will recover power dues worth ₹28,483 crore following a Supreme Court ruling. As on July 31, 2025, the total dues of BSES Yamuna Power Ltd. and BSES Rajdhani Power…

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Business

Government extends PM E-DRIVE Scheme by two years till March 2028

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Government extends PM E-DRIVE Scheme by two years till March 2028

Image used for representative purpose only. | Photo Credit: ANIL KUMAR SASTRY The government has extended the validity of the ₹10,900-crore PM E-DRIVE Scheme by two years till March 2028 for certain categories of vehicles including electric buses, e-ambulances and e-trucks. According to a gazette notification on the PM Electric Drive Revolution in Innovative Vehicle…

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Business