Economic Times
A key reform is the new GST rate of 5% on all aircraft components and engines, effective July 15, 2024. This replaces the previous range of GST rates
Power Finance Corporation obtained a ₹25.5 billion loan from Japan Bank for International Cooperation for a 300 MW wind energy project in Karnataka.
Fortis Healthcare has acquired a 34% stake in Agilus Diagnostics from private equity firms Jacob Ballas and IFC. This transaction valued Agilus at aro
Tata Motors has raised discounts on its Nexon.ev by up to ₹60,000 to boost slow sales. This comes after a ₹1.2 lakh price cut. The company's elect
NEV sales accounted for just 7% of total vehicle sales in China three years ago, but its heavy investments in EV supply chains have propelled the grow
Bengaluru's property prices have surged, making it difficult for middle-class buyers to afford homes. The average cost of a 3 BHK apartment now ranges
The National Company Law Tribunal ruled in favor of Piramal Capital & Housing Finance in a dispute over a 5.4-acre land parcel in Mumbai. The tribunal
Bharti Airtel, Reliance Jio, and Vodafone Idea pressed Nokia, Ericsson, and Samsung to absorb a new 5% customs duty hike on PCBAs. They claimed it wou
The Reserve Bank maintained the benchmark rate, addressing concerns like liquidity issues, excessive leverage, and IT outages to ensure financial stab
SpiceJet is under scrutiny by the Delhi High Court for failing to pay Rs 20 crore to its engine lessors, Team France 01 SAS and Sunbird France 02 SAS.
GAIL and Rajasthan Rajya Vidyut Utpadan Nigam Limited have agreed to explore forming a joint venture to manage gas-based power plants and develop 1,00
The Telecom Regulatory Authority of India (Trai) mandated telecom operators to disconnect and blacklist for two years any entity misusing bulk connect
In the June quarter of 2024, the FMCG industry's volume growth slowed to 3.8% due to macroeconomic challenges affecting staple foods like packaged sal
Jindal Steel and Power Ltd (JSPL) has successfully diversified its coking coal supply, reducing its reliance on Australia by more than half. This stra
Yulu Bikes aimed to raise over $100 million in a Series C round to expand its operations and fleet of electric two-wheelers. The company collaborated
Ludhiana-based Ceigall India has obtained contracts worth Rs 1,042 crore for the Kanpur Central Bus Terminal and Bhubaneshwar Metro Project-Phase I. T
IIT Delhi's Abu Dhabi campus will introduce two undergraduate courses, Computer Science Engineering and Energy Engineering, from September 2023. With
Dabur's CEO, Mohit Malhotra, announced that the company's factories and stockists in Bangladesh are now operational after a week-long shutdown due to
India stood poised to seize 6-8% of Bangladesh’s monthly garment export orders short-term and 10% long-term. Socio-political uncertainties in Bangla
Jio Financial Services Ltd aimed to revolutionize finance in India with advanced technology and personalized products. Mukesh Ambani highlighted a foc
