Mahanadi Coalfields Limited will start two new coal mines in Odisha by FY 2029-30. These mines will add 35 million tonnes to reserves. The Subhadra mine will be operational by FY 2025-26. The Balabhadra mine is expected to start by FY 2029-30. MCL aims for net zero carbon emissions by FY 2029.

AI for India summit: Experts call for stronger R&D from academia and industry; AI adoption growing across sectors
https://timesofindia.indiatimes.com/business/india-business/ai-for-india-summit-experts-call-for-stronger-rd-from-academia-and-industry-ai-adoption-growing-across-sectors/articleshow/122128280.cms

The 'AI for India' summit in Bengaluru highlighted the urgent need to scale up AI research and development across Indian academia and industry. Experts emphasized cross-sectoral collaboration for effective AI implementation. IIM Bangalore noted a shift in placement processes, focusing on human-AI co-creation. TVS Motors is deploying AI across manufacturing, customer service, and employee engagement, witnessing significant productivity improvements.

Infra push for MSMEs: Plug-and-play industrial parks key to boosting manufacturing, says Cushman & Wakefield report
https://timesofindia.indiatimes.com/business/india-business/infra-push-for-msmes-plug-and-play-industrial-parks-key-to-boosting-manufacturing-says-cushman-wakefield-report/articleshow/122128769.cms

Cushman & Wakefield's report emphasizes that India can boost manufacturing and self-reliance by focusing on plug-and-play industrial parks and better logistics. Survey reveals that infrastructure improvements are driving manufacturers to scale up. Addressing logistics costs, warehousing capacity, and skill gaps are crucial.

$1.86 billion in lock-in shares to expire in July; Jyoti CNC, Medi Assist among key companies- analysts warn of market volatility
https://timesofindia.indiatimes.com/business/india-business/1-86-billion-in-lock-in-shares-to-expire-in-july-jyoti-cnc-medi-assist-among-key-companies-analysts-warn-of-market-volatility/articleshow/122128815.cms

Meesho moves ahead with Rs 4,250cr IPO, shareholders approve listing plan and confidential filing route
https://timesofindia.indiatimes.com/business/india-business/meesho-moves-ahead-with-rs-4250cr-ipo-shareholders-approve-listing-plan-and-confidential-filing-route/articleshow/122129043.cms

Meesho, a Bengaluru-based e-commerce marketplace, is set to launch its IPO. Shareholders have approved the plan to raise Rs 4,250 crore. The IPO will include a fresh issue of shares and an offer for sale. Vidit Aatrey is appointed as chairman, MD, and CEO. Meesho aims to be the first horizontal e-commerce company to list in India.

Bangladesh-Adani dues: Bangladesh pays $384 million to Adani Power, trims outstanding to $500 million
https://timesofindia.indiatimes.com/business/india-business/bangladesh-adani-dues-bangladesh-pays-384-million-to-adani-power-trims-outstanding-to-500-million/articleshow/122129430.cms

Bangladesh has significantly reduced its debt to Adani Power with a $384 million payment this month, settling admitted dues until March 31. Disagreements persist over coal costs and plant capacity, with Adani claiming an additional $500 million. The payments follow supply reductions due to Bangladesh's financial struggles, exacerbated by political turmoil and the Russia-Ukraine war.

India's economic outlook: PHDCCI says India will remain fastest growing among G7 peers, cites 61% trade surge
https://timesofindia.indiatimes.com/business/india-business/indias-economic-outlook-phdcci-says-india-will-remain-fastest-growing-among-g7-peers-cites-61-trade-surge/articleshow/122132476.cms

India is set to maintain strong economic growth, surpassing G7 nations. This growth is driven by domestic demand and favorable demographics. India's share in global GDP is increasing. Merchandise trade with G7 countries has grown significantly. India is leading global initiatives in clean energy and digital governance. Strategic cooperation with G7 nations will shape future growth.

Consumer electronics reshuffle: Panasonic exits refrigerators and washing machines in India, to focus on HVAC and B2B
https://timesofindia.indiatimes.com/business/india-business/consumer-electronics-reshuffle-panasonic-exits-refrigerators-and-washing-machines-in-india-to-focus-on-hvac-and-b2b/articleshow/122132973.cms