Economic Times
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
India is implementing Financial Action Task Force (FATF) recommendations to regulate its booming fintech industry, focusing on anti-money laundering a
Abbott India launched PneumoShield 14, a pneumonia vaccine for children aged six weeks and older. This vaccine offers broader protection than existing
Vodafone Idea (Vi) is set for a major boost after the Indian government waived bank guarantees for spectrum purchases. This move is expected to pave t
Goldman Sachs has predicted that gold prices could surge to $3150 per troy ounce if US fiscal concerns escalate. This rise is attributed to gold's ro
TARC Ltd. reported Rs 1,350 crore in pre-sales for its luxury residential project, TARC ISHVA, in Gurgaon, representing 50% of the project's inventory
Indian paper manufacturers are raising alarms over a surge in 'below-cost' virgin fibre paperboard imports, primarily from China and Chile. This influ
Mahindra & Mahindra is investing Rs 4,500 crore to develop two new electric SUV brands, BE 6e and XEV 9e. Production capacity at their Chakan plant is
India's cement industry is staring at slower growth in FY2025, with projections revised down to 4-5% due to a post-election slowdown in construction.
