Economic Times
Metavisio-Thomson's India unit is acquiring a minority stake in New Shop, a convenience retail chain. The deal, valued at $125-$150 million, involves
India's drug regulator has suspended Entod Pharmaceuticals' permission to manufacture and sell PresVu Eye Drops. The company did not obtain clearance
India has surpassed China to become the second-largest market by sales for French distiller Pernod Ricard, driven by a growing affluent population and
The Delhi government plans to rejuvenate the Gramin Seva autos by transitioning them to electric vehicles. This move aims to address the demands of th
Tata Steel has secured £500 million from the UK government to build a low-carbon electric arc furnace in Port Talbot, expected to be operational in t
Prime Minister Narendra Modi announced India's goal to become a global hub for green hydrogen production, utilization, and export. The National Green
The government plans to expedite transmission capacity to support renewable energy and green hydrogen projects. Renewable energy secretary Bhupinder S
House of Hiranandani has signed agreements to redevelop five housing societies in Mumbai's Chembur suburb with an investment exceeding Rs 3,200 crore.
The Union Cabinet has approved a Rs 12,461 crore outlay to support the development of 31,350 MW hydropower projects over the next eight years. The sch
Satin Creditcare Network plans to raise $5 million through bonds at an all-inclusive cost of 11.32%. The bonds, maturing in 36 months, will be issued
India's renewable energy companies, including Adani Green Energy and Tata Power Renewable Energy, are ramping up hiring to support the nation's goal o
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
