NEWS
Novartis India refutes media reports of negotiations with Alkem Labs
27 Sep 2024
Novartis India, has refuted media reports stating that its parent company is in talks with Mumbai-based Alkem Labs for sale of the Indian arm.
Karnataka may exempt electric and hybrid vehicles from paying road tax
26 Sep 2024
The Karnataka government is reported to be planning to give exemption form road tax to electric and hybrid vehicles with a price tag of less than Rs25 lakh, as part of its efforts to develop a clean mobility
Shankh Air gearing for takeoff as Air Kerala awaits a 2025 launch
25 Sep 2024
Two new Indian airlines are aiming to take to air with preliminary clearance from the civil aviation ministry, but both have to obtain approval from the country’s civil aviation authority
Greece to raise around $1 billion through sale of 12% stake in National Bank
25 Sep 2024
The Greek government is expected to raise around 900 million euros ($1 billion) through sale of a 12 per cent stake in the National Bank of Greece (NBG), the country’s second-largest lender by market value.
Hyundai Motor India gets Sebi nod for Rs20,000-cr IPO
25 Sep 2024
Hyundai Motor India, the Indian unit of South Korean carmaker Hyundai Motors, has received approval from market regulator Securities and Exchange Board of India (Sebi) forits Rs20,000 crore
Polar Semiconductor secures $123 m US funding for fab unit in Minnesota
25 Sep 2024
The US Department of Commerce on Tuesday announced the award of $123 million in direct funding to Polar Semiconductor, its first under the CHIPS incentives programme
US to ban smart car tech from China and Russia
24 Sep 2024
The US Department of Commerce has proposed a ban on smart vehicles that use Chinese or Russian technology that may put national security at risk
IPEF announces action plan to ensure global supply chain resilience
24 Sep 2024
The Indo-Pacific Economic Forum (IPEF) for Prosperity has announced the setting up of separate teams for implementing action plans to ensure resilient supply chains for semiconductors
India, US to set up strategic chip fabrication centre
24 Sep 2024
The US Space Force will collaborate with India Semiconductor Mission, Bharat Semi and 3rdiTech to set up a manufacturing facility for infrared, gallium nitride and silicon carbide semiconductors.
CMA CGM acquires 48% stake in Brazil port terminal operator Santos Brasil
23 Sep 2024
French shipping giant CMA CGM has acquired 48 per cent stake in Brazilian port terminal operator Santos Brasil Participacoes, for about $1.15bn
Chandrayaan-4 mission to demonstrate technologies for safe return from Moon
23 Sep 2024
India last week announced four planned space missions, including one to planet Venus, a fourth mission to Moon and building an Indian Space Station and finally taking an Indian to and from the Moon
Anil Ambani invests Rs1,104 cr as Reliance Infra achieves debt-free status
23 Sep 2024
Anil Ambani has made a spectacular comeback with fresh equity investment in Reliance Infrastructure after the company along with Reliance Power achieved debt-free status by clearing around Rs8,000 core debt.
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