Industry - general

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.

China's CNOOC finds 100 million tonne oil reserves in South China Sea oilfield

09 Mar 2024

China National Offshore Oil Company (CNOOC), the state-owned Chinese oil giant, on Friday reported a major oil field discovery in Kaiping South in the deep-water of the South China Sea.

Ford to re-enter India with SUVs, hybrids and EVs: report

06 Mar 2024

Ford Motor, which exited India and sold its Gujarat plant to Tata Motors, is now all set to make a comeback with the launch of new car models, including SUVs and hybrid and electric vehicles

JSW, Japan's JFE to invest Rs5,500-cr in electrical steel venture in Karnataka

14 Feb 2024

JSW Steel and Japan's JFE Steel will jointly invest Rs5,500 crore in a steel plant in India to produce electrical grade grain-oriented steel, the companies stated in separate press releases.

Adani group building 1 million tpa copper plant at Mundra, Gujarat

06 Feb 2024

Adani Group subsidiary Kutch Copper Ltd is investing $1.2 billion to build a copper smelting and refining facility in Mundra, Gujarat.

Manipal Group’s Ranjan Pai saves Byju’s from certain collapse

01 Feb 2024

Beleaguered edtech pioneer Byju’s seems to have found a white knight in Manipal Education and Medical Group’s (MEMG) Ranjan Pai, who has acquired a 40 per cent stake in Byju-owned Aakash Institute.

HPCL commissions 14 tpd compressed biogas plant in UP’s Badaun district

01 Feb 2024

Hindustan Petroleum Corporation Ltd (HPCL) has commissioned a 14 tonnes per day compressed biogas (CBG) plant at Badaun in Uttar Pradesh

Saudi govt directs Aramco to limit refining capacity to 12 million barrels a day

30 Jan 2024

Saudi Arabia's government on Tuesday ordered state oil company Aramco to halt its capacity expansion plan and to rein in production to a sustainable level of 12 million barrels per day (MPD)

MIAL faces residents’ ire as company starts demolition work at Air India colony

27 Jan 2024

Mumbai International Airport Ltd (MIAL) on Thursday initiated demolition of 20 vacant buildings at the Air India Colony, Vile Parle, Mumbai

Zee abandons $1.4 bn ICC cricket rights deal with Disney Star

26 Jan 2024

Zee Entertainment Enterprises Ltd (ZEEL) has walked out of a $1.4 billion deal with Disney Star to take over broadcasting rights

L&T Heavy Engineering wins 'significant' orders in domestic and overseas markets

23 Jan 2024

L&T Heavy Engineering has bagged a significant order from a key oil and gas customer in Saudi Arabia for a key debottlenecking project.

Starlink gets DoT licence for offering broadband services in India: report

23 Jan 2024

Starlink, a communication satellite company owned by Elon Musk’s SpaceX, is reported to have received the Global Mobile Personal Communication by Satellite (GMPCS) licence