NEWS

Tata’s semiconductor plant in Assam to be operational next year

Tata’s semiconductor plant in Assam to be operational next year

05 Aug 2024

Tata Group on Saturday conducted the ground-breaking ceremony for its Rs27,000-crore semiconductor factory in Assam, marking the commencement of construction of the facility.

Cabinet approves Rs50,655-cr investment in 8 national high-speed road corridor projects

Cabinet approves Rs50,655-cr investment in 8 national high-speed road corridor projects

04 Aug 2024

The union cabinet at its meeting on Friday approved investment of around Rs50,655 crore across eight critical projects in the National High-speed Road Corridor, of a total length of 936 km.

Core sector output growth at a 20-month low of 4% in June

Core sector output growth at a 20-month low of 4% in June

01 Aug 2024

Core sector industrial production in India, based on the Index of core industries (ICI), expanded by 4 per cent year-on-year in June 2024, the lowest in 20 months, due to a slowdown

NCLT orders liquidation of Future Retail as debt resolution fails

NCLT orders liquidation of Future Retail as debt resolution fails

31 Jul 2024

The Mumbai bench of the National Company Law Tribunal (NCLT) has ordered the liquidation of Future Retail Limited (FRL) as the committee of creditors (CoC) failed to arrive at a resolution plan

IPR reforms take patent awards in India to levels above 1 lakh a year

IPR reforms take patent awards in India to levels above 1 lakh a year

31 Jul 2024

Indian Patent Office has granted 1,03,057 patents in FY2023-24 thanks to various steps taken to strengthen the Intellectual Property Rights (IPR) ecosystem in the country through modernization of IP offices using advanced technologies and IT.

Visveswaraya Iron and Steel Plant back on revival path

Visveswaraya Iron and Steel Plant back on revival path

31 Jul 2024

Visveswaraya Iron and Steel Plant (VISP), which the government put up for sale in October 2016, is now on the revival path with 130000 tonnes of steel production in the 2023-24 financial year.

ITC plans Rs20,000 crore investment in next five years: CMD Sanjiv Puri

ITC plans Rs20,000 crore investment in next five years: CMD Sanjiv Puri

29 Jul 2024

Diversified group ITC Ltd is planning to invest Rs20,000 crore across business portfolios with about 35-40 per cent earmarked for FMCG sector, 35 per cent going to paper boards and packaging, and the remaining into other businesses, including corporate, over the next five years.

IDBI Bank privatisation now hinges on RBI approval report

IDBI Bank privatisation now hinges on RBI approval report

28 Jul 2024

The union home ministry has given necessary security clearance to potential investors in IDBI Bank and the Reserve Bank of India

Budget outlay for Railways for FY25 at Rs68,634 crore

Budget outlay for Railways for FY25 at Rs68,634 crore

28 Jul 2024

Union Budget 2024-25 has allocated Rs68,634 crore for Indian Railways across various projects, including construction of new lines

Mankind Pharma to buy Bharat Serums and Vaccines in a Rs13,630-cr deal

Mankind Pharma to buy Bharat Serums and Vaccines in a Rs13,630-cr deal

27 Jul 2024

Mankind Pharma is acquiring Bharat Serums and Vaccines (BVS) from private equity firm Advent International in a deal valued at Rs13,630 crore.

Consumer price inflation for agricultural and rural labourers up at 7.02% and 7.04%, respectively, in June

Consumer price inflation for agricultural and rural labourers up at 7.02% and 7.04%, respectively, in June

27 Jul 2024

Consumer price inflation for agricultural labourers (CPI-AL) and rural labourers (CPI-RL, based on the All-India Consumer Price Indices (base 1986-87 = 100), recorded an increase of 11 points each in June 2024

C-DOT teams up with IIT Roorkee and IIT Mandi for developing ‘Cell-Free’ 6G access points

C-DOT teams up with IIT Roorkee and IIT Mandi for developing ‘Cell-Free’ 6G access points

27 Jul 2024

The Centre for Development of Telematics (C-DOT), the R&D arm of the Department of Telecommunications (DoT), is collaborating with the Indian Institute of Technology Roorkee (IIT Roorkee) and Indian Institute of Technology, Mandi (IIT Mandi)

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