Stock markets close higher on fag-end buying; snap two-day losing streak

29/11/2023
Mumbai, nov 28: Benchmark equity indices Sensex and Nifty snapped two days of losses and closed higher on Tuesday following last-hour buying in auto, power and metal shares helped by fresh foreign fund inflows. The 30-share BSE Sensex rose by 204.16 points or 0.31 per cent to settle at 66,174.20 in a volatile trade. The During the day, it hit a high of 66,256.20 and a low of 65,906.65. The Nifty gained 95 points or 0.48 per cent to settle at 19,889.70 as 39 of its components closed in the gre...

Adani group adds Rs 1 trillion in mcap, biggest single-day jump since April

29/11/2023
Mumbai, nov 28: Shares of Adani Group companies rallied between 5 and 20 per cent on Tuesday, the first trading day after the Supreme Court reserved its order in the matter pertaining to allegations made by US-based Hindenburg Research in their investigation by the Securities and Exchange Board of India (Sebi). The 11 listed group companies added over Rs 1 trillion in market capitalisation to Rs 11.3 trillion. This was the biggest single-day jump in the group’s market cap since April 11. Expe...

Meta to support project for using Gen AI in consumer grievance redressal

29/11/2023
new delhi, nov 28: Social network major Meta on Tuesday said it will support a National Law School of India University’s research project for using generative AI technologies to enhance efficiency in consumer grievance redressal system. The research initiative will explore the feasibility of leveraging Llama 2, Meta’s openly available large language model (LLM), in creating a citizen-centric chatbot and a decision-assist tool in the area of consumer law, to guide consumers on the procedural as...

Central Asian countries commit to the One Health Framework for Action: World Bank

29/11/2023
new delhi, nov 28: Central Asian countries have committed to the One Health Framework for Action. The framework will help with three goals shared by the countries, including pandemic prevention and preparedness. According to the World Bank, this regional cooperation programme aims to elevate the quality and productivity of health, agriculture, and environment sectors across the region through a holistic approach. The framework serves as a strategic plan and investment structure, emphasising c...

Govt suspends 70 lakh mobile numbers due to suspicious activity: DFS Secretary

29/11/2023
new delhi, nov 28: To check digital frauds, the government has suspended 70 lakh mobile numbers on account of suspicious transactions, Financial Services Secretary Vivek Joshi said on Tuesday. Emerging out of a meeting to discuss issues related to financial cyber security and increasing digital payment fraud, Joshi said banks have been asked to strengthen the system and processes in this regard. More such meetings would take place, he said, adding the next meeting is scheduled in January. With...

Bharat Biotech forge strategic partnership with University of Sydney for vaccine research

29/11/2023
Hyderabad, nov 28: Bharat Biotech International Limited and the University of Sydney Infectious Diseases Institute (Sydney ID) have inked a Memorandum of Understanding (MoU) for vaccine research. This collaborative agreement aims to propel vaccine research initiatives, bolster academic-industry partnerships, and contribute to the global fight against infectious diseases. The international collaboration seeks to establish robust sectoral and cross-organizational alliances, intending to design ...

Netweb partners NVIDIA to make GPU servers in India

29/11/2023
new delhi, nov 28: Domestic computer server maker Netweb Technologies has partnered with chipset company NVIDIA to make servers for artificial intelligence (AI) and high-end computing applications, the company said on Tuesday. NVIDIA dominates the GPU (Graphics Processing Unit) chipset market globally with about 88 per cent market share as they are in huge demand for the development of AI technologies. Netweb Technologies said that it is now a manufacturing partner for the NVIDIA Grace CPU Su...

Axita Cotton Ltd Board Approved 1:3 Bonus Issue of share; Stock Surge by 2.56%

29/11/2023
new delhi, nov 28: The Board of Directors of AXITA COTTON LIMITED in its meeting held on November 23, 2023 Approved issuance of 1 (One) bonus share of Rs 1/- each for existing 3 (Three) equity shares of Rs 1/- each fully paid up, subject to the shareholders' approval. Under the proposed stock bonus, each shareholder of record as of record date will be entitled to receive one (1) additional share of common stock for every three (3) shares of common stock held on that date. The Board of Director...

S&P ups India’s FY’24 growth forecast to 6.4 pc on robust domestic momentum

28/11/2023
new delhi, nov 27: S&P Global Ratings on Monday raised India’s growth forecast for the current financial year to 6.4 per cent, from 6 per cent, saying that robust domestic momentum has offset headwinds from high food inflation and weak exports. However, it cut the growth estimates for the next fiscal (2024-25) to 6.4 per cent, from 6.9 per cent, as it expects growth to slow on a higher base, subdued global growth and lagged impact of interest rate hike. “We have revised up our projection for ...

India needs to position itself as global mfg hub as China witnessing repeated outbreaks: GTRI

28/11/2023
new delhi, nov 27: With China witnessing repeated outbreaks of respiratory ailments, India can position itself as a global manufacturing hub by enhancing its supply chain capabilities and investing in healthcare infrastructure, think tank GTRI said in a report. India can leverage its workforce and manufacturing potential in sectors like mobile phones and laptops, the Global Trade Research Initiative (GTRI) said. According to the report, China has experienced several outbreaks due to close hum...

Sembcorp to acquire 428 MW wind assets in India China

28/11/2023
new delhi, nov 27: Sembcorp Industries on Monday announced that it has signed two separate agreements to acquire 428 MW of wind power assets in China and India for 200 million Singaporean dollar (about Rs 1,247 crore). The Singaporean energy company, backed by state-owned investor Temasek Holdings Pte, will acquire 228 MW of operational wind power assets of Leap Green Energy Pvt Ltd for 70 million Singaporean dollar and 200 MW of Qinzhou Yuanneng for 130 million Singaporean dollar, the firm sa...

After Air India, IndiGo launches AI-powered chat assistant for customers

28/11/2023
new delhi, nov 27: IndiGo on Monday said it has launched an Artificial Intelligence (AI)-powered chat assistant "6Eskai" to address customer queries in 10 different languages. India's largest airline has followed the footsteps of Air India, which launched its AI-powered chat assistant "Maharaja" on November 10. While Maharaja is powered by Microsoft's Azure OpenAI service, 6Eskai is powered by Microsoft's GPT-4 technology. 6Eskai is capable of performing a wide range of tasks, including booki...

ONGC charges premium over Brent in oil deals

28/11/2023
new delhi, nov 27: India's top oil and gas producer ONGC has signed term contracts with refiners to sell crude oil it produces from Mumbai offshore fields at a premium to international benchmark Brent, sources said. Oil and Natural Gas Corporation (ONGC) has signed deals to sell about 4.5 million tonne of crude oil each to Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL). The oil has been priced at the prevailing Brent crude oil price plus 1 per cent, comp...

fischer reimagines modern construction for India’s fast-growing infrastructure sector at the International Expert Forum

28/11/2023
new delhi, nov 27: German multinational manufacturer, fischer Group of Companies recently hosted its maiden International Expert Forum (IEF) 2023 in New Delhi. The group, best known for its fastening products for the construction and DIY industry, hosted a day-long knowledge sharing session for professionals committed to the advancement of the construction process through extensive research and collective experience. Dedicated to the field of Civil Engineering, the forum brought together exp...

EFC (I) to expand co-working seats to 92,000 by Mar 2026 from 32,000

28/11/2023
new delhi, nov 27: EFC (I) Ltd, which provides co-working and managed office spaces, plans to add 60,000 more desks by March 2026 to meet the rising demand from corporates. The company had 18,000 seating capacity at the end of the last fiscal. As on September 30, 2023, EFC (I) had about 32,000 seats across seven cities spanning over 35 centres totalling an area of over 1.5 million sq ft. EFC (I) plans to increase its capacity from 32,000 seats to 92,000 by March 2026, the company said in a s...

Mines ministry working on policy for critical minerals

28/11/2023
new delhi, nov 27: The Mines Ministry is in the process of preparing a policy for critical minerals which will include a road map for strengthening the supply chain of these essential resources, an official release said on Monday. Critical minerals such as copper, lithium, nickel, cobalt and rare earth elements are essential components in many of today's rapidly growing clean energy technologies – from wind turbines and electricity networks to electric vehicles. "The strategy will also identi...

Promoting district-level products through e-commerce detrimental to small businesses: CAIT

27/11/2023
new delhi, nov 26: The Confederation of All India Traders (CAIT) came down heavily on the Directorate General of Foreign Trade (DGFT) for promoting e-commerce players to leverage district-specific products and their exports from the country. Terming the idea of the foreign trade policy formulator idea as "good," it noted that it would be detrimental to the interests of small businesses and the manufacturers located in districts. It is apprehended that such e-commerce players will monopolise ...

M-cap of four of top-10 most valued firms rise Rs 65,671 crore; Reliance biggest winner

27/11/2023
new delhi, nov 26: The combined market valuation of four of the top-10 most valued firms climbed Rs 65,671.35 crore last week, with Reliance Industries emerging as the biggest gainer. Last week, the BSE benchmark climbed 175.31 points, or 0.26 per cent. While Reliance Industries, HDFC Bank, ICICI Bank, and Bharti Airtel were the gainers, Tata Consultancy Services (TCS), Infosys, Hindustan Unilever, ITC, State Bank of India, and Bajaj Finance faced erosion in valuation. The market valuation o...

TVS Motor plans to expand electric two-wheeler range over next 1 year

27/11/2023
new delhi, nov 26: TVS Motor Company aims to expand its electric two-wheeler portfolio over the next one year as it looks to cater to customers at multiple price points, according to a top company official. The Chennai-based company, which currently has two e-scooters in its portfolio, also plans to expand its electric vehicle sales infrastructure going ahead. It is also developing an electric three-wheeler. "We are also planning to launch a series of products in the range of 5 to 25 kilowatt...

CM Bhupendra Patel visits Japan to promote Vibrant Gujarat Global Summit 2024

27/11/2023
Ahmedabad, Nov 26: A high-level delegation led by Gujarat Chief Minister Bhupendra Patel reached Tokyo in Japan on Sunday morning to promote the upcoming Vibrant Gujarat Global Summit 2024. The 10th edition of the summit will be held between January 10 and 12, 2024. The biennial summit serves as a platform for businesses and governments to explore investment opportunities and establish partnerships. Ambassador of India to Japan Sibi George received CM Patel upon his arrival there, the Gujarat...

Steel demand to touch 190 MT-mark; production to reach 210 MT: SteelMint

27/11/2023
new delhi, nov 26: India's steel demand is expected to grow at a CAGR of 7 per cent to touch 190 Million Tonne (MT) level by 2030, according to a report by SteelMint India. The demand will be largely fuelled by construction and infrastructure sectors, which contribute 60-65 per cent to the demand, the market research firm said. In 2030, India's steel demand is projected to reach 190 MT based on a 7 per cent Compound Annual Growth Rate (CAGR). "In the best case scenario, it can also reach 230 ...

Indian exporters cautiously watching respiratory illness in China; say cause for concern if spreads more

27/11/2023
new delhi, nov 26: Expressing concern over the current influenza situation in China, domestic exporters on Sunday said that they are cautiously watching the situation as any spread of the disease may again hurt global supply chains and impact world trade. They said that the present situation is not alarming but if the illness spreads to other parts of the globe, it will have an impact on world trade as China is a hub of global manufactures and exports. The government on November 24 stated that...

India’s relationship with Malaysia ‘very precious’: High Commissioner Reddy

27/11/2023
Kuala Lumpur, Nov 26: Describing India's relationship with Malaysia as “very precious”, India's envoy here has said that there is a huge potential for enhanced bilateral trade and investments to bolster their strategic ties. “This is one relationship which is very important for the region given the proximity, diaspora connect, and the desire of both governments to realise this enhanced strategic partnership,” India’s High Commissioner to Malaysia B N Reddy said. Talking to a group of Indian j...

AI firm BRAIIN Holdings forays into India, plans to invest $100 million

27/11/2023
Bengaluru, nov 26: New York-based artificial intelligence and robotics firm BRAIIN Holdings is entering the Indian market and has acquired prominent CXaaS (customer experience-as-a-service) company Exato.ai which serves as a strategic foundation for its operations in India. With this acquisition, the company has bolstered its presence in the customer and employee experience as a service sector along with increasing its revenue. It did not reveal the value of the transaction. “We think India i...

Arohan MFI aims to enhance lending through digital mode

26/11/2023
Kolkata, Nov 25: Micro-lender Arohan Financial Services is eyeing to increase lending through the digital mode due to its better compliance in repayments and administrative convenience, an official said. The micro-finance institution (MFI) launched its app ‘Apna Arohan’ one-and-half years ago to make a foray into digital lending, besides the traditional brick-and-mortar route, he said. “The app was launched almost 18 months ago. So far Rs 104 crore has been disbursed through this route. We ...

Paddy procurement surpasses last year’s purchase, hits 20,993 metric tonnes

26/11/2023
Una (HP), Nov 25: Paddy procurement in Himachal Pradesh has surpassed last year's purchase to touch 20,993 metric tonnes this year, officials said on Saturday. In comparison to the purchase of 14,000 metric tonnes of paddy last year (2022), about 20,993 metric tonnes of paddy has been purchased from 3,663 farmers in 14 markets established across the state in the current year (2023), the officials said. This year a target to procure 22 thousand metric tonnes of paddy has been set and so far fa...

iPhone warning notifications to MPs: Apple team from US likely to meet CERT-In officials this month

26/11/2023
new delhi, nov 25: Apple's cyber security executives from the US are expected to meet officials of CERT-In this month regarding the show cause notice issued to the company in the wake of several opposition MPs receiving a warning notification on their iPhones. Last month, several opposition leaders claimed they have received an alert from Apple warning them of "state-sponsored attackers trying to remotely compromise" their iPhones and alleged hacking by the government. CERT-In, which comes un...

99.2 per cent of mobiles ‘Made in India’: Ashwini Vaishnav reviews meteoric growth of Indian mobile sector

26/11/2023
new delhi, nov 25: Minister of Electronics and Information Technology, Ashwini Vaishnav, took to social media platform X to announce achievement in the mobile industry. In a post, he revealed that the Indian mobile industry has experienced exponential growth, expanding by a remarkable factor of 20 in just nine years. Minister Vaishnav posted on X, "Met Mobile industry to review progress. Industry has grown 20 times in 9 years. 2014: 78 per cent import dependent 2023: 99.2 per cent of all mobi...

Centre announces phased introduction of biogas blending for domestic use

26/11/2023
new delhi, nov 25: India will start blending compressed biogas with natural gas to boost domestic demand and cut reliance on natural gas imports, the government said in a statement on Saturday. The mandatory phased introduction will start at 1% for use in automobiles and households from April 2025, it said. The share of mandatory blending will then be increased to around 5% by 2028. India, which is one of the world's largest importers of oil and gas, ships in about half of its overall gas con...

Global Dental Services, parent of Clove Dental, secures USD 50MM investment from Qatar Investment Authority (QIA)

26/11/2023
new delhi, nov 25: Global Dental Services, parent of Clove Dental, India's largest tech-enabled-dental-platform, is delighted to announce a strategic equity investment of USD 50 MM from Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar. Combined with USD 66 MM raised in December 2022, in a round led by Investcorp, this investment underscores the group's historical performance and confidence in the significant growth potential. The total investment of USD 116 MM ...

Odisha approves 12 projects with investment worth Rs 84,918 crore

26/11/2023
Bhubaneswar, Nov 25: Odisha Chief Minister Naveen Patnaik has approved 12 key projects with a cumulative investment intent of Rs 84,918.75 crore. These projects will create employment opportunities for 42,281 people across various sectors, an official said. The investment proposals in apparel and textiles, green hydrogen and green ammonia, steel, power and renewable energy, chemical and petrochemical downstream sectors were approved at the High-Level Clearance Authority (HLCA) meeting chaired...

ED searches realty major DLF in money laundering case against Supertech

26/11/2023
new delhi, nov 25: The Enforcement Directorate has searched the premises of realty major DLF in Gurugram as part of a money laundering investigation against real estate firm Supertech and its promoters, official sources said on Saturday. The central agency has recovered some documents during the action that was carried out over the last two days, they said. The action is linked to the ED investigation against Supertech, the sources said. An email sent by PTI to DLF did not elicit response. H...

Market volatility persists: Stocks end in the red after initial highs

25/11/2023
Mumbai, nov 24: Following a promising start to the trading day, Indian stock indices faced fluctuations and ultimately closed in the red on Friday. The subdued cues from global markets, attributed to the Thanksgiving holiday in the US, influenced the narrow trading range of equity benchmark indices. Closing at 65,940.27, the Sensex experienced a decline of 36.57 points, while the Nifty ended 6.00 points lower at 19,790.55. Within the Nifty companies, 19 witnessed advances, but 31 showed decli...

NPS adoption by govt sector at 6-month high in September: NSO data

25/11/2023
new delhi, nov 24: Adoption of the National Pension System (NPS) by employees of central and state governments rose for the third consecutive month to a six-month high in September, signalling accelerated fresh formal hirings in the public sector. The latest NPS data released by the National Statistical Office (NSO) on Friday showed that the number of new monthly subscribers under the central and state government components of the NPS collectively increased by 7.8 per cent to 61,897 in Septemb...

RBI slaps penalties totalling Rs 10.34 cr on Citibank, Bank of Baroda, IOB

25/11/2023
Mumbai, nov 24: The Reserve Bank on Friday imposed penalties totalling Rs 10.34 crore on Citibank, Bank of Baroda, and Indian Overseas Bank for contravention of various regulatory norms. The highest penalty of Rs 5 crore has been imposed on Citibank NA for non-compliance of norms related to depositor education and awareness fund scheme, and code of conduct on outsourcing of financial services, the RBI said in a statement. A fine of Rs 4.34 core was imposed on the state-owned Bank of Baroda for...

India’s forex reserves jump USD 5.08 billion to USD 595.40 billion

25/11/2023
Mumbai, nov 24: India’s forex reserves increased by USD 5.077 billion to USD 595.397 billion during the week ended November 17, the Reserve Bank said on Friday. In the previous reporting week, the kitty declined USD 462 million to USD 590.321 billion. For the week ended November 17, the foreign currency assets, a major component of the reserves, increased USD 4.387 billion to USD 526.391 billion, according to the Weekly Statistical Supplement released by the Reserve Bank of India (RBI). It c...

848 industrial projects worth Rs 21.73 lakh crore approved by Odisha govt: Minister

25/11/2023
Bhubaneswar, Nov 24: To make Odisha an industrial hub in eastern India, the state government has approved 848 industrial projects in different sectors with an estimated potential investment of Rs 2l.73 lakh crore, Industries Minister Pratap Keshari Deb told the Assembly on Friday. Replying to a question of BJD member Prafulla Samal, the minister said the state government has taken some tangible steps for promotion of industries in various sectors across the state to make Odisha an industrial h...

DGCA issues circular to airlines, AAI to deal with fake GPS signals

25/11/2023
new delhi, nov 24: The Directorate General of Civil Aviation (DGCA) has released a circular to airlines, as well as the Airports Authority of India (AAI), to deal with fake Global Positioning System (GPS) signals that overpower a flight's own navigation system and divert it from its intended path. The AAI is the air navigation service provider in India. Several weeks ago, a significant number of corporate and commercial aircraft were diverted off course due to fake GPS signals over Middle East...

Uber rolls out rewards programme ‘Uber Pro’ for drivers in 12 cities

25/11/2023
new delhi, nov 24: Ride-hailing firm Uber has launched ‘Uber Pro’ - a rewards programme inspired by drivers and designed to help them reach their goals - both on and off the road. Uber Pro provides drivers with new ways to earn, more options and support, and deeper discounts. It has been launched with rewards, perks, and exclusive features across 12 Indian cities. By rewarding drivers with good customer rating (above 4.8) and low trip cancellations, this programme aims to elevate the overall ...

Patanjali, Indian Army sign MoU for overall wellness of uniformed personnel

25/11/2023
Bareilly, nov 24: An MoU focusing on various subjects, including yoga, ayurveda medicine, and wellness, was signed between the Indian Army and Patanjali Yogpeeth at the army headquarters North India Region in Bareilly. A consensus was reached to work together in the fields of yoga, ayurvedic medicine, and wellness, health care for the betterment of the soldiers, Patanjali Yogpeeth said in a release on Friday. Acharya Balkrishna, General Secretary of Patanjali Yogpeeth, Lieutenant General NS R...

India needs 2 bn sq ft of additional healthcare real estate: Knight Frank

24/11/2023
new delhi, nov 23: India needs 2 billion square feet of healthcare space to cater to its current population base of 1.42 billion, a report released on Thursday said. Currently, India is facing a deficit of 2.4 million beds to achieve the standards set by the World Health Organization (WHO). According to the Global Healthcare Report, released by real estate consultancies Knight Frank and Berkadia, India's bed-to-population ratio, including both private and public facilities, is 1.3 per 1,000...

Equity markets settle flat in volatile trade

24/11/2023
Mumbai, nov 23: Equity benchmark indices Sensex and Nifty ended almost flat in highly volatile trade on Thursday amid the lack of any immediate trigger. The 30-share BSE Sensex dipped 5.43 points or 0.01 per cent to settle at 66,017.81. During the day, it hit a high of 66,235.24 and a low of 65,980.50. The Nifty slipped 9.85 points or 0.05 per cent to 19,802. Among the Sensex firms, UltraTech Cement, Larsen & Toubro, Bajaj Finance, Tata Consultancy Services, NTPC, Infosys, Titan and Asian Pa...

Asian Development Bank approves USD 500 million to transform medical landscape in Maharashtra

24/11/2023
Manila, nov 23: In a significant move aimed at advancing healthcare infrastructure and medical education, the Asian Development Bank (ADB) has granted approval for a substantial loan package of USD 500 million. According to ADB, this financial assistance is dedicated to enhancing access to quality and affordable tertiary health care in Maharashtra. ADB Health Specialist, Nishant Jain emphasized the collaborative efforts between ADB and the Maharashtra state government to realize the vision of...

Customer data with account aggregators completely safe in India: Sitharaman

24/11/2023
new delhi, nov 23: Finance Minister Nirmala Sitharaman on Thursday assured that customer data shared with account aggregators (AA) is completely safe in India. Concerned over the slow movement of the AA scheme, she said, “It is not as much as I would want to see. It can be better, which means either the building of awareness exercises are not sufficient, adequate” or there is a need for simplification of technology. “Banks, both public and private, have reviewed it with me once. Banks have be...

India’s exports showcase remarkable resilience, eyes USD 2 trillion goal by 2030: PHD Chamber

24/11/2023
new delhi, nov 23: In a significant revelation, the PHD Chamber of Commerce and Industry's research report has positioned India's exports as the most resilient among the top 20 global exporters. The report underscores the impressive growth of exports, with rates reaching 20 per cent and 9.7 per cent in 2021 and 2022, respectively, marking the highest growth among leading exporting nations. Sanjeev Agrawal, President of the Chamber of Commerce and Industry, credited the dynamic policy environ...

Paper imports surge 43% in Apr-Sept this year on higher shipments from ASEAN

24/11/2023
new delhi, nov 23: Paper imports into India surged by 43 per cent in volume terms in the first half of 2023-24, fueled by a more than two-fold jump in imports from ASEAN countries, according to official data. The Directorate General of Commercial Intelligence and Statistics (DGCIS) data showed that imports of paper and paperboard jumped to 959,000 tonnes in April-September 2023-24 from 672,000 tonnes in the first half of FY2022-23. Imports from ASEAN countries shot up from 81,000 tonnes in th...

ADB and Greenway partner to transform rural cooking in India through USD 6.5 million carbon finance deal

24/11/2023
new delhi, nov 23: The Asian Development Bank (ADB) and Greenway Grameen Infra Private Limited have inked a groundbreaking deal, signing a USD 6.5 million senior secured loan to manufacture and distribute 1 million improved cookstoves to rural households in India's Madhya Pradesh and Odisha states. According to ADB, this transformative initiative also involves a USD 3.25 million first-loss liquidity reserve from the Climate Innovation and Development Fund (CIDF), administered by ADB. Compared...

fischer Group looks to treble turnover in India to Rs 600 cr in 5-7 years

24/11/2023
new delhi, nov 23: Germany's fischer Group, a major player in fixing systems for the construction industry, plans to treble its turnover in India in the next 5-7 years, tapping the fast growth of the sector in the country, top company officials said on Thursday. The group, which clocked a turnover of around Rs 200 crore last year, will be focussing on infrastructure projects, along with sectors such as energy, industry, and oil and gas, to accelerate its growth in India. "India is one of the m...

Ambur Set to Transform into a Smart Metropolitan and Real Estate Hub with Major Infrastructural Developments

24/11/2023
Ambur, nov 23: Ambur, a bustling town in the Tirupathur district of Tamil Nadu, is poised for significant societal and infrastructural advancements, promising exponential benefits for its current and future residents. Renowned for its thriving leather industry, which caters to both domestic and international markets, Ambur is now on the cusp of a transformation that will elevate it to the status of a smart metropolitan city. The leather industries in Ambur, along with neighboring regions such...