Economic Times
NXP Semiconductors plans to invest over USD 1 billion to double its R&D activities in India. The company aims to enhance its presence in the automotiv
The Union Cabinet has approved the PM Electric Drive Revolution In Innovative Vehicle Enhancement (PM E-DRIVE) scheme, allocating Rs 10,900 crore to p
NAREDCO has urged the government to address regulatory challenges affecting real estate development in cities like Mumbai, Chennai, and Kolkata. Recom
India's communications minister Jyotiraditya Scindia announced that the locally developed 4G stack will be rolled out by mid-next year. The country ai
Engineers India Ltd has secured new business worth Rs 4,681 crore this fiscal year, raising its order book to a record Rs 11,350 crore. Upstream and i
JSW MG Motor India, a joint venture between MG Motor and JSW Group, is shifting focus from traditional petrol and diesel vehicles to new energy vehicl
India enforcement agency seized 1.29 million rupees ($15,360) during searches at Axis Mutual Fund's offices in Mumbai and Kolkata related to an ongoin
Bank of Baroda has approved Supertech Group's resolution plan for its Dehradun project, enabling the delivery of over 600 homes. The company is now se
Vedanta Ltd's demerger of its key businesses, including aluminium, into separate listed companies is expected by the end of FY25. The company has file
Tata Steel has signed a £500 million Grant Funding Agreement with the UK Government to support its £1.25 billion green steel project at Port Talbot
The Federation of Automobile Dealers Associations (FADA) has called for legislative measures to prevent abrupt exits by automotive companies, which ha
A McKinsey study indicates that prices of emissions-free trucks need to drop by up to half to become a viable alternative to diesel models. Currently,
JSW MG Motor India is shifting focus to new energy vehicles, launching the electric crossover 'MG Windsor'. The company aims for over 50% of its sales
A survey by FICCI and IBA reveals that 62% of banks expect non-food industry credit growth to exceed 12% in the next six months. The banking sector re
NXP Semiconductors will invest over $1 billion in India to double its research and development efforts. The company, which has four semiconductor desi
India's consumption loan portfolio grew by 15.2% YoY to Rs 90.3 lakh crore as of March 2024, according to a CRIF High Mark report. The growth slowed f
Vedanta has asked the Indian government to push Japan and South Korea to eliminate import duties on nickel sulphate used in EV batteries. Vedanta, whi
McDonald's is advancing towards a future with minimal human cashiers by introducing new digital ordering stations in the US. These stations, which can
Union Minister Nitin Gadkari emphasized the need for the Indian automobile industry to focus on customer service, after-sales, and quality assurance.
RBI data reveals a slowdown in bank credit to non-banking financing companies, with growth halving compared to last year. Outstanding credit exposure
