Escorts Kubota received a Rs 14 crore demand and penalty from customs authorities for valuation issues on imported goods. The company plans to appeal the decision.

Escorts Kubota has withdrawn its plan to build a new manufacturing facility in Rajasthan due to concerns over water availability. The company is exploring other options, including in Rajasthan.

Escorts Kubota plans to invest up to Rs 4,500 crore over the next 3-4 years to set up a new manufacturing plant in Rajasthan, doubling its tractor production capacity.

Escorts Kubota Ltd reported a 16.37% rise in consolidated net profit to Rs 251.89 crore in Q4 FY24, driven by strong construction equipment sales. Tractor sales, however, declined during the quarter.

Escorts Kubota announces price hikes for its tractor range starting May 1, 2024. The increase will vary across models and regions.

GTRI warns that increasing Chinese FDI in India may offer short-term benefits but could undermine long-term economic security and strategic autonomy.

Delhi Metro Rail Corporation (DMRC) has partnered with Airtel Payments Bank to offer digital payment solutions for commuters, including National Common Mobility Card (NCMC) transactions.

Nokia and Bharti Airtel achieve a record-breaking 1.2 Gbps download speed during a 5G trial in India using Nokia's Cloud RAN technology. This milestone highlights the potential of 5G for high-speed...

Jawaharlal Nehru Port Authority (JNPA) will develop a Rs 285 crore agri-commodity processing and storage facility at the port to serve Maharashtra and other states. This initiative, a...

Private equity and venture capital investments in India rose 8% to USD 31.5 billion in the first half of 2024, driven by a surge in deal volume and large transactions, according to a report by IVCA...

GTRI warns that increasing Chinese FDI in India may offer short-term benefits but could undermine long-term economic security and strategic autonomy.

Potato traders in West Bengal are on indefinite strike, protesting against alleged harassment and restrictions on exports. The strike is expected to lead to higher potato prices.

Delhi Metro Rail Corporation (DMRC) has partnered with Airtel Payments Bank to offer digital payment solutions for commuters, including National Common Mobility Card (NCMC) transactions.

India's Chief Economic Advisor says the country needs smaller, more fundamental reforms to drive growth, focusing on government efficiency and infrastructure. The IMF has raised India's growth...

The Economic Survey 2023-24 urges banks to resist pursuing short-term profits, emphasizing long-term stability and customer focus. It also highlights concerns about product misselling and calls for...