Industry - general
Sir Jim Ratcliffe close to buy 25% of stake in Manchester United Football Club
16 Oct 2023
After months of negotiations and several bids being rejected, Qatari prince and investor Sheikh Jassim bin Hamad bin Khalifa Al Thani pulled out of the race
Reliance in talks with potential partners for chipmaking foray: report
08 Sep 2023
Oil-to-retail conglomerate Reliance Industries Ltd (RIL) is reported to be in talks with global leaders in semiconductor business in a bid to explore a possible entry into the high technology business
G20 leaders’ summit buzz: Biden may question laptop import restrictions
04 Sep 2023
While visiting New Delhi to participate in the upcoming G20 Leaders’ Summit this week, US President Joe Biden is expected to engage in discussions with Prime Minister Narendra Modi regarding India’s import restrictions on items such as laptops and other electronic products, according to individuals familiar with the matter.
President Biden issues order restricting technology investments in China
10 Aug 2023
On 9 August 2023, US President Joe Biden signed an executive order that enforces restrictions on certain new American investments in China, specifically targeting sensitive technologies such as computer chips. The order also mandates government notification for investments in other technology sectors in China.
Indian government imposes restrictions on laptop and PC imports to boost local manufacturing
05 Aug 2023
In a move to promote domestic production in the electronics sector and especially curbing imports from China, the Indian government has imposed immediate restrictions on importing laptops, tablets, and personal computers falling under the HSN 8741 category.
India allows export of drones for civilian use
01 Jul 2023
Small business will soon be credit-rated on data: Nandan Nilekani
06 Dec 2019
Banks will assess small businesses on the basis of their personal data, which include bank statements, tax returns, and home loan repayment records, for lending purposes, says Infosys chairman and co-founder Nandan Nilekani
US auto union UAW begins nation-wide strike against GM
16 Sep 2019
GM said UAW wages and benefits are expensive compared with competing non-union auto plants in southern US states and also justified plant shutdowns saying market shifts, especially the switchover to electric vehicles, demanded solutions for the Michigan and Ohio assembly plants that are non-productive
Uber Technologies sacks Anthony Levandowski
31 May 2017
L&T ties up with S Korean firm to make howitzers in India
22 Apr 2017
L&T will not only manufacture K9 VAJRA-T in India, with over 50 per cent indigenous content, but also provide through-life support from India