Economic Times
India's telecom sector is set for a major boost. The government plans to free up a large chunk of airwaves. This spectrum will be auctioned to telecom
Eight companies, including NLC India, ACC, and JSW Energy Utkal, secured coal blocks in India's tenth commercial mining auction. NLC won the New Patr
The Mumbai-based automaker on Tuesday made its first full-fledged foray into India's nascent EV market with the introduction of two pure electric mode
India anticipates a 5-6% annual power demand surge, necessitating 40-50 GW of new coal-based capacity over the next five to six years. Coal will rema
Mall developers are reducing multiplex spaces in future projects due to declining footfall and revenues. Multiplexes now contribute only 6-7% of mall
India's new cybersecurity rules mandate telcos to report incidents within six hours, potentially increasing compliance costs and impacting mobile serv
Aviom India Housing Finance is under investigation for potential fraud after the National Housing Bank discovered inflated mutual fund investments. T
Satellite earth station gateway (SESG) licensing requirements are causing a rift among satcom providers. Some argue for a separate, light-touch author
The Indian government has reaffirmed its plan to allocate spectrum for satellite-based communication services administratively, with a fee, rather tha
India successfully auctioned 24 critical and strategic mineral blocks, including four mining leases and 20 composite licenses, in four rounds. The la
Beta Drugs secured Rs 117 crore from HealthQuad and other investors to expand globally and boost operational capabilities. The oncology-focused compa
Waaree Renewable Technologies has secured a substantial Rs 1,233.47 crore order to construct a massive 2,012.47 MWp DC capacity ground-mount solar PV
Sazerac, a US-based spirits company, will expand its bourbon whiskey offerings in India. The company sees India as a key growth market. It will partne
RBI Deputy Governor Rajeshwar Rao highlighted the increasing diversity and interconnectedness of India's non-bank financial sector. He emphasized the
Coal India plans 36 new coal mines in the next five years. Singareni Collieries will develop seven new mines. NLC India will open two new blocks. I
Emami Realty will invest Rs 10,000 crore in Indian real estate. The company will develop 22 million square feet of residential and commercial space. P
The Indian government has blocked imports of low-quality steel to protect domestic producers. Traders attempted to circumvent quality standards by imp
India's major telecom operators held a combined debt of Rs 4.09 lakh crore in FY24. BSNL, with the lowest debt at Rs 23,297 crore, benefited from gov
HMSI launched two electric scooters, Activa e and QC1. Bookings open in January 2025. Deliveries begin in February 2025. The scooters have 99% local
Axis Bank's GIFT City unit reaches USD 4 billion in assets. The bank doubled its asset book since 2019. A new and larger office space supports this
