NEWS

Adani-Tower joint venture to set up $10 bn semiconductor facility near Mumbai

Adani-Tower joint venture to set up $10 bn semiconductor facility near Mumbai

06 Sep 2024

Maharashtra government has accorded approval for a $10 billion joint venture semiconductor fabrication unit, to be set up by Adani Group and Israel’s Tower Semiconductor, inviting a legal challenge by ASMC Analg

Govt launches centre for developing, commercialising graphene technology

Govt launches centre for developing, commercialising graphene technology

05 Sep 2024

Government of India has launched an engineering and innovation center to facilitate commercialisation of graphene technology.

L&T branches out to renewables amid energy transition led growth

L&T branches out to renewables amid energy transition led growth

05 Sep 2024

Engineering and construction major Larsen & Toubro (L&T) has announced the formation of a separate division for renewable energy business, starting 1 September 2024

India, Bruni to widen and deepen partnership

India, Bruni to widen and deepen partnership

05 Sep 2024

India and Brunei have decided to further strengthen bilateral cooperation and deepen partnership in all areas of mutual interest. This was announced in a joint statement by Indian Prime Minister Narendra Modi

Indian MSMEs bear the brunt of cheap imports from China: GTRI study

Indian MSMEs bear the brunt of cheap imports from China: GTRI study

05 Sep 2024

No amount of import duty can make Chinese goods costly in India, or is it that Chinese goods are not dependent on ports or other entry points to enter the country.

Raymond plans to list demerged Lifestyle business next week

Raymond plans to list demerged Lifestyle business next week

04 Sep 2024

Raymond Group on Monday announced plans to list the demerged entity Raymond Lifestyle on the stock exchanges sometime next week.

DRDO hands over technology for 30mm HEPF shell to Indian Navy

DRDO hands over technology for 30mm HEPF shell to Indian Navy

03 Sep 2024

The Indian Navy will soon start induction of High Explosive Preformed Fragmentation (HEPF) shells to its armoury, which will further enhance the Navy’s capability to combat drone attacks.

Defence ministry approves Rs1.45 lakh crore capital acquisition proposals for defence forces

Defence ministry approves Rs1.45 lakh crore capital acquisition proposals for defence forces

03 Sep 2024

Defence ministry has lined up Rs1.45 lakh crore capital acquisition programme for the Defence forces, which include procurement of future-ready combat vehicles

New 309-km railway line to connect Mumbai and Indore

New 309-km railway line to connect Mumbai and Indore

03 Sep 2024

The Cabinet Committee on Economic Affairs (CCEA) on Monday approved the construction of a new 309 km-long railway line that will provide the shortest rail connectivity between Mumbai and Indore

Adani Ports acquires 80% stake in Astro Offshore for $185 m in cash

Adani Ports acquires 80% stake in Astro Offshore for $185 m in cash

03 Sep 2024

Adani Ports and Special Economic Zone (APSEZ) has entered into a definitive agreement with Astro Offshore under which it will acquire a majority stake in the offshore support vessel operator for $185 million, in cash.

Cabinet approves Kaynes Semicon's Rs3,300-cr semiconductor plant in Gujarat

Cabinet approves Kaynes Semicon's Rs3,300-cr semiconductor plant in Gujarat

03 Sep 2024

The union cabinet on Monday approved a proposal by Kayness Semicon Pvt Ltd for setting up a Rs3,300-crore semiconductor manufacturing unit in Sanand, Gujarat.

Govt announces Rs14,235-cr outlay for 7 major agriculture schemes

Govt announces Rs14,235-cr outlay for 7 major agriculture schemes

03 Sep 2024

The center on Monday announced seven major schemes, involving a total outlay of Rs14,235.30 crore, for improving the lives and livelihoods of farmers across the country.

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