NEWS

Adani-Sirus joint venture to acquire 77.5% stake in Coredge.io parent Parserlabs

Adani-Sirus joint venture to acquire 77.5% stake in Coredge.io parent Parserlabs

19 Jul 2024

Sirius Digitech Limited, a joint venture of Adani Group and Sirius International Holding, a subsidiary of International Holding Company (IHC)

IMF, ADB project 7% GDP growth for India

IMF, ADB project 7% GDP growth for India

19 Jul 2024

The International Monetary Fund (IMF) has raised its growth outlook for India for the current year to 7 per cent from its earlier projection of 6.8 per cent

JSW-MG Motor JV to launch its first EV in October-December quarter

JSW-MG Motor JV to launch its first EV in October-December quarter

18 Jul 2024

A joint venture of JSW Group and MG Motor will be launching its first vehicle – a crossover utility vehicle (CUV) - somewhere in October-November this year.

RBI issues new directions to banks for recovering money lost in frauds,

RBI issues new directions to banks for recovering money lost in frauds,

18 Jul 2024

Reserve Bank of India (RBI) has issued new directions to banks and other regulated entities to ensure that money lost through fraudulent transactions is recovered and not written off as non-performing asset (NPA).

India gives a big boost to MRO industry with uniform 5% IGST on aircraft components

India gives a big boost to MRO industry with uniform 5% IGST on aircraft components

17 Jul 2024

India has started levying a uniform 5 per cent  Integrated Goods and Services Tax (IGST) on aircraft parts, beginning 15 July

Airbus, Thales plan to combine some space activities: report

Airbus, Thales plan to combine some space activities: report

16 Jul 2024

European aerospace majors Airbus and Thales are reported to be planning to combine some of their space-based activities, with a focus on satellite operations,

Industrial production in India grows 5.9% in May

Industrial production in India grows 5.9% in May

15 Jul 2024

Industrial production in India grew at 5.9 per cent year-on-year in May 2024 compared to a growth  of 5.7 per cent in the corresponding period of the previous year.

Govt reopens PLI scheme for white goods to benefit more investors

Govt reopens PLI scheme for white goods to benefit more investors

15 Jul 2024

Government has reopened the application window for the production-linked incentive (PLI) scheme for white goods (ACs and LED lights) in order to allow more investors to benefit from the scheme

India’s consumer price inflation shoots up to 5.08% in June

14 Jul 2024

Consumer price inflation in India, based on the Consumer Price Index (CPI), shot up to 5.08 per cent in June 2024 from 4.75 per cent in May, provisional figures released by the National Statistics Office (NSO) showed.

India’s telecom equipment sales cross Rs50,000 crore with PLI scheme

13 Jul 2024

Domestic manufacturing and sales of telecom equipment in the country achieved a milestone of  Rs50,000 crore with the implementation of the production-linked incentive (PLI) scheme.

India, Austria to upgrade bilateral ties to strategic cooperation

India, Austria to upgrade bilateral ties to strategic cooperation

11 Jul 2024

India and Austria have decided to upgrade their bilateral relations to a strategic level making the ties mutually beneficial and sustainable.

Tata Power launches 'Ghar Ghar Solar' in UP to back ‘PM Surya Ghar’ initiative

Tata Power launches 'Ghar Ghar Solar' in UP to back ‘PM Surya Ghar’ initiative

10 Jul 2024

Tata Power Solar Systems Limited has launched ‘Ghar Ghar Solar Tata Power ke Sang', an ambitious programme aimed at providing clean and sustainable energy solutions to every home in Uttar Pradesh.

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