Current Affairs - Business

PepsiCo has committed to investing $400 million in Vietnam to build two new plants powered by renewable energy sources. These plants will be located in southern Long An Province and northern Ha Nam Province, aligning with PepsiCo's sustainability goals.

Mahindra & Mahindra has collaborated with Adani Total Energies to establish a nationwide EV charging infrastructure. This partnership aims to enhance e-mobility solutions and improve customer experience in line with climate action goals.

Tech Mahindra and IBM collaborated to introduce the Synergy Lounge in Singapore, aimed at driving digital adoption for enterprises in the Asia-Pacific region. This partnership leverages next-gen technologies like AI, Hybrid Cloud, and Cybersecurity to offer innovative solutions to businesses.

India's first battery storage gigafactory is located in the northern region of Jammu and Kashmir and is set to start operations by October 2023. This facility plays a crucial role in supporting India's renewable energy goals and reducing carbon emissions.

Reliance Consumer Products has formed a strategic partnership with Elephant House, a renowned Sri Lankan beverage brand, to introduce and distribute Elephant House beverages in India. This collaboration expands RCPL's beverage offerings and strengthens its presence in the Indian market with Elephant House's diverse range of popular beverages.