Industry - general
CMA CGM hikes freight rates from Asia; slaps container surcharge in the Americas
01 Nov 2024
Shipping giant CMA CGM has announced a hike in freight rates of all kinds (FAK) beginning 15 November 2024
Drug regulator finds samples of calcium supplement Shelcal 500 and antacid Pan D as spurious
27 Oct 2024
A routine inspection by the Central Drug Regulatory Authority of retail medical shops in select locations of Odisha
Reliance Infra plans Rs10,000-cr small arms project in Maharashtra’s Ratnagiri district
23 Oct 2024
Reliance Infrastructure Ltd, which recently attained debt-free status and announced plans to raise fresh funds to drive business,
India Post to deliver Amazon parcels
13 Oct 2024
E-commerce major Amazon has entered into a memorandum of understanding with the Department of Posts under which India Post will facilitate delivery of Amazon’s retail sales
Honda overtakes Hero in two-wheeler sales in September
08 Oct 2024
Japanese auto major Honda managed to overtake former partner and arch rival Hero MotoCoro in monthly sales in September 2024 for the first time
Rio Tinto moots acquisition of Arcadium Lithium
07 Oct 2024
British-Australian mining giant Rio Tinto has proposed to acquire lithium miner Arcadium Lithium regarding a potential acquisition of the global supplier of lithium chemical.
ADNOC to buy German chemicals firm Covestro for $16 bn
02 Oct 2024
Abu Dhabi National Oil Company (ADNOC) has agreed to acquire German chemicals company Covestro in a deal valued at 14.7 billion euros ($16.3 billion)
East Coast dockworkers’ strike halts half of US port operations
02 Oct 2024
Dockworkers across 36 ports in the US East Coast and the Gulf of Mexico struck work on Tuesday over dispute with employers over wages and other issues
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
Trai suggests flexibility for VNOs to access more than one NSO for connectivity
18 Sep 2024
The Telecom Regulatory Authority of India (Trai) has recommended a flexible Access Service VNO regime that allows connectivity from more than one NSO.
It’s official, Ford to use Chennai plant for export production
14 Sep 2024
Ford Motor Co on Saturday officially confirmed plans to restart its Chennai factory for export production. The company said it has submitted a Letter of Intent (LOI) to the Tamil Nadu government detailing its plans.
India’s textile industry seen growing to a size of $350 bn by 2030
07 Sep 2024
India’s textile industry is expected to have a turnover of around $350 billion by 2030, providing employment to 35 million people, union minister for textiles Giriraj Singh said at an event in New Delhi on Thursday.
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.
Postal staff to carry out physical verification of new KVIC units
22 Aug 2024
Khadi and Village Industries Commission (KVIC), an undertaking of the ministry of micro, small and medium enterprises (MSME), has entered into a memorandum
Ola unveils India’s first AI chip
19 Aug 2024
Ola Cabs, which branched out from ride-hailing platform into electric scooter manufacturing Ola Electric and artificial intelligence modelling with Kritrum,
Isro uses new satellite and launch vehicle technology for EOS-08 mission
17 Aug 2024
Indian Space Research Organization (Isro) on Friday launched its Earth Observation Satellite (EOS-8) using its latest Small Satellite Launch Vehicle (SSLV).
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.
Maruti Suzuki dispatches record 2 million vehicles through Railways
10 Jul 2024
Maruti Suzuki (India) Ltd, the country’s largest car maker, has created a logistics record, dispatching 2 million vehicles through Indian Railways
Bajaj Auto launches world's first CNG-powered bike, Freedom 125
08 Jul 2024
Bajaj Auto on Friday announced the launch of ‘Bajaj Freedom 125’, the world's first CNG-powered motorcycle, introducing a new technology that would both save on fuel cost and reduce emissions.
Ola Cabs switches to own mapping service, saving Rs100 cr annually
07 Jul 2024
Bhavish Aggarwal-led Ola Cabs is replacing Google Maps with home grown mapping service, Ola Maps, the ride-hailing aggregator announced on Friday.
Boeing to buy Spirit AeroSystems for $4.7 billion
06 Jul 2024
US aircraft manufacturer Boeing Company has agreed to acquire part of aerostructure maker Spirit AeroSystems, for about $4.7 billion
JSW Energy developing India’s largest commercial-scale green hydrogen project
12 Jun 2024
JSW Energy is developing India's largest commercial-scale green hydrogen project, marking a milestone in the company's entry into the energy market.
EV maker Wardwizard wins Rs10,768-crore order from Philippines
10 Jun 2024
Indian electric vehicle maker Wardwizard Innovations and Mobility Limited (WIML) has secured a Rs10,768-crore ($1.29 bn) order from the Philippines
China's Chery to make cars in Spain, Thailand
23 Apr 2024
Chery Auto, China’s state-owned automobile manufacturer, is expanding overseas with a joint venture deal with Spanish company Ebro-EV Motors and a production facility in neighbouring Thailand.
Isro carries out second landing test of Reusable Launch Vehicle
25 Mar 2024
Indian Space Research Organisation (Isro) on Friday successfully carried out a second test landing of its Reusable Launch Vehicle, Pushpak.
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Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation