Economic Times

NXP Semiconductors will invest over $1 billion in India to double its research and development efforts. The company, which has four semiconductor desi
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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
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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
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McDonald's is advancing towards a future with minimal human cashiers by introducing new digital ordering stations in the US. These stations, which can
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Union Minister Nitin Gadkari emphasized the need for the Indian automobile industry to focus on customer service, after-sales, and quality assurance.
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RBI data reveals a slowdown in bank credit to non-banking financing companies, with growth halving compared to last year. Outstanding credit exposure
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Strides Pharma Science has received approval from shareholders and secured creditors to create OneSource, a specialty pharma CDMO. The company will no
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A 26-year-old man has been arrested for allegedly setting fire to an Ola Electric showroom in Karnataka due to dissatisfaction with the servicing of h
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Samsung Electronics is cutting up to 30% of its overseas staff in some divisions by the end of this year. The reductions will impact sales, marketing,
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The Department of Telecommunications (DoT) has streamlined the approval process for experimental and demonstration licenses, introducing fixed timelin
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Several companies are interested in acquiring Hindustan Unilever's ice-cream business, which includes brands like Kwality Wall's and Magnum. HUL is se
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The Competition Commission of India has approved the merger of Tata Motor Finance with Tata Capital. This merger, announced in June, will result in Ta
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Honda Motorcycle & Scooter India plans to launch its first electric scooter this fiscal year, aiming for one-third of its sales from electric vehicles
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Maruti Suzuki is set to launch its first electric vehicle, a mid-size SUV eVX, with a range of over 500 kms. The company aims to address concerns abou
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Dr Reddy's Laboratories has refuted allegations by the Indian National Congress that it benefited from its association with SEBI chairperson Madhabi P
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The Centre is developing a policy framework for decarbonising the steel sector, involving 14 task forces with experts and stakeholders. The report 'Gr
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Reliance Retail Ventures and Israeli apparel firm Delta Galil have formed a 50/50 joint venture to expand India's innerwear market. The partnership wi
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Sumitomo Corporation Group has acquired a prime land parcel of nearly 2 acres in Mumbai's Worli from Bombay Dyeing & Manufacturing Company for Rs 440
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Electric vehicle sales in India are projected to reach 10 million units by 2030, creating 5 million jobs, according to Union Minister Nitin Gadkari. T
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Hindustan Zinc Ltd has supplied zinc for India's heaviest transmission steel pole structure, weighing over 200 metric tonnes. The 400 kV dual pole str
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