NEWS
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India’s core sector industrial production grows 3.8% in December
01 Feb 2024
Core sector industrial production in India increased at a slower pace of 3.8 per cent in December 2023 against a robust 7.8 per cent in November, provisional figures released by the Central Statistics Office (CSO) showed.
Manipal Group’s Ranjan Pai saves Byju’s from certain collapse
01 Feb 2024
Beleaguered edtech pioneer Byju’s seems to have found a white knight in Manipal Education and Medical Group’s (MEMG) Ranjan Pai, who has acquired a 40 per cent stake in Byju-owned Aakash Institute.
HPCL commissions 14 tpd compressed biogas plant in UP’s Badaun district
01 Feb 2024
Hindustan Petroleum Corporation Ltd (HPCL) has commissioned a 14 tonnes per day compressed biogas (CBG) plant at Badaun in Uttar Pradesh
Government reduces import duty on mobile phone components from 15% to 10%
31 Jan 2024
In a recent move to boost the export sector of India, the Ministry of Finance announced on Tuesday, 30th January, 2024, a reduction in the import duty on components used for mobile phone manufacturing.
US solar EV maker Aptera forms alliance with CTNS for battery pack production
31 Jan 2024
US start-up Aptera Motors has entered into a strategic alliance with South Korean battery pack producer CTNS, in a move aimed at scaling up production of its transformative solar-powered electric vehicle.
Saudi govt directs Aramco to limit refining capacity to 12 million barrels a day
30 Jan 2024
Saudi Arabia's government on Tuesday ordered state oil company Aramco to halt its capacity expansion plan and to rein in production to a sustainable level of 12 million barrels per day (MPD)
Hero unveils two-wheeler-three-wheeler convertible concept
30 Jan 2024
Hero MotoCorp has unveiled the prototype of an electric three wheeler, called Surge S32, which can be converted into an electric two-wheeler scooter in a few minutes.
Hong Kong court orders liquidation of fallen Chinese real estate giant Evergrande
29 Jan 2024
A Hong Kong court has ordered the liquidation of Chinese property developer Evergrande, the country’s second largest by sales, raising the prospect of burying a $300 debt pile of the embattled group.
ECB keeps policy interest rates unchanged; points to slowing inflation
27 Jan 2024
The European Central Bank (ECB) on Thursday decided to leave its policy interest rates untouched, following its assessment of a declining trend in inflation rate.
CeNS researchers use organic molecule to tune optical properties of liquid crystals
27 Jan 2024
Scientists at the Centre for Nano and Soft Matter Sciences (CeNS) have successfully tuned the unwanted bands of wavelength in liquid crystals by doping it with organic molecules
CCI clears Burman Family group bid to acquire Religare Enterprises
27 Jan 2024
The Competition Commission of India (CCI) has approved the acquisition of shareholding in Religare Enterprises Limited by a consortium of non-banking financial companies
MIAL faces residents’ ire as company starts demolition work at Air India colony
27 Jan 2024
Mumbai International Airport Ltd (MIAL) on Thursday initiated demolition of 20 vacant buildings at the Air India Colony, Vile Parle, Mumbai
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