Business Standard caught up with Sumant Sinha, ReNew Power's founder and CEO, for a chat about his company’s plans and strategy, and India’s quest for net zero. ReNew Power has pumped in Rs 35,000 crore to build out 5.5 gigawatts of renewables capacity in the next 18 months.

Business Standard caught up with Sumant Sinha, ReNew Power's founder and CEO, for a chat about his company's plans and strategy, and India's quest for net zero. ReNew Power has pumped in Rs 35,000 crore to build out 5.5 gigawatts of renewables capacity in the next 18 months.

Q&A with Sumant Sinha, Founder & CEO, ReNew Power

Rossell Techsys MD Rishab Gupta discusses the firm's demerger from Rossell India and its entry into the space sector, highlighting a Rs 2,800 crore order book and a focus on defence and civil aviation

Meta said Wednesday that it will allow some Facebook users to view eBay listings on its Marketplace service, as it tries out a possible way to resolve European Union charges of anticompetitive behaviour that the bloc levelled last year.
The social media company said it's launching a test that will let Facebook users in Germany, France and the US browse eBay listings directly on its Marketplace online classifieds service but complete the transaction on eBay.
Meta is carrying out the trial after Brussels slapped the company in November with a penalty of nearly 800 million euros ($824 million) for what it called abusive practices involving Marketplace.
European Union antitrust enforcers accused Meta of illegally shutting out competition by tying Marketplace to its social network and automatically exposing Facebook users to Marketplace whether or not they wanted it. They also accused Meta of gaining an unfair advantage through ad-related data.
While we disagree with and continue to app

Meta is carrying out the trial after Brussels slapped the company in November with a penalty of nearly 800 million euros ($824 million) for what it called abusive practices involving Marketplace

The government's artificial intelligence programme unit IndiaAI and Microsoft have partnered to train 5 lakh individuals, including students, educators, developers, government officials, and women entrepreneurs on AI by 2026, a senior company official said on Wednesday.
Microsoft India and South Asia President, Puneet Chandok told PTI that the USD 3 billion investment announced by the company's Chairman and CEO Satya Nadella will be on building tech, infrastructure and AI capacity and also on building the human capital in this country.
"We had announced training for 20 lakh people last year. We have already trained 24 lakh. We have announced to train 1 crore people over the next five years. We have also signed an MoU with IndiaAI mission and as part of that, 5 lakh people will be trained," Chandok said.
The government in March 2024 approved Rs 10,372 crore for the development of AI ecosystem in the country for five years.
Under the collaboration, AI Productivity Labs in 20 National

The government in March 2024 approved Rs 10,372 crore for the development of AI ecosystem in the country for five years

Samsung pre-reserve programme for the Galaxy S25 series. Amazon launches new Echo Spot. OnePlus 13 series launch. Panasonic OLED TV with built-in Fire TV. McAfee Deepfake Detector

Uttarakhand Chief Minister Yogi Adityanath on Wednesday said with an expected turnout of 40 crore devotees this year, the Maha Kumbh is projected to generate up to Rs 2 lakh crore in economic growth.
Speaking at the 'Divine Uttar Pradesh: The Must Visit Sacred Journey' conclave organised by a prominent media group, Adityanath acknowledged the leadership of Prime Minister Narendra Modi for "inspiring the nation to embrace its heritage with pride", according to an official statement.
Sharing the economic impact of the Maha Kumbh, the chief minister said the 2019 event contributed Rs 1.2 lakh crore to the state's economy. With an expected turnout of 40 crore devotees this year, the Maha Kumbh is projected to generate up to Rs 2 lakh crore in economic growth, he said.
In addition, Adityanath revealed that the year 2024 has already seen over 16 crore devotees visiting Kashi Vishwanath in Varanasi and more than 13.55 crore devotees in Ayodhya from January to September.
The chief minister

With an expected turnout of 40 crore devotees this year, the Maha Kumbh is projected to generate up to Rs 2 trillion in economic growth, he said

Four devotees, including three women died and several more were injured in a stampede here on Wednesday night as hundreds of them jostled for tickets for Vaikunta Dwara Darshanam at Lord Venkateswara Swamy temple on Tirumala Hills, a police official said.
Hundreds of devotees turned up from across the country for the 10-day Vaikunta Dwara Darshanam commencing from January 10.
"Three women and a man died in the stampede," the official confirmed to PTI.
Meanwhile, videos of police administering CPR on a couple of woman devotees and injured persons being shifted in ambulances went viral.

Hundreds of devotees turned up from across the country for the 10-day Vaikunta Dwara Darshanam commencing from January 10

CII President Sanjiv Puri said that exports are facing headwinds while suggesting measures such as minimum import and anti-dumping duty

India Energy Storage Alliance on Wednesday said batteries, irrespective of technology type, must be uniformly taxed at 5 per cent GST like electric vehicles to support the emerging sector.
Ahead of the Union Budget, India Energy Storage Alliance (IESA) President Debi Prasad Dash told PTI that the government may consider protecting domestic cells and battery component manufacturers in the wake of an increase in imports of lithium-ion cells, which has risen to Rs 24,000 crore in FY24 from Rs 18,000 crore in FY23, especially from China.
There is a disparity in the tax structure of batteries, he said, adding GST for lithium-ion batteries is 18 per cent, but other chemistries, like lead acid, sodium, and flow batteries and others, are at 28 per cent. On the other hand, for electric vehicles, the GST is 5 per cent.
"So, as an industry, we need support to this emerging sector, and all new technologies must be taxed at 5 per cent, and there should not be any difference between different ...

There is a disparity in the tax structure of batteries, GST for lithium-ion batteries is 18%, but other chemistries, like lead acid, sodium, and flow batteries and others, are at 28%

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Blend launches Blend Studio: AI tool for ecommerce photography

New Delhi [India], March 16 (ANI/PNN): Blend, an AI-powered design and photography application for DTC brands and ecommerce sellers, recently launched Blend Studio - the Chat GPT for product photos.

Celebrity and Travel Photographer Rahul Lokare from Flamingo Productions creates waves of change in the world of photography.

Xiaomi 13 Pro

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Q&A with Sumant Sinha, Founder & CEO, ReNew Power

Business Standard caught up with Sumant Sinha, ReNew Power's founder and CEO, for a chat about his company’s plans and strategy, and India’s quest for net zero. ReNew Power has pumped in Rs 35,000 crore to build out 5.5 gigawatts of renewables capacity in the next 18 months.

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