Search result for 'chemicals'

Aether Industries Q3 Profit Surges 150% to Rs 43.3 cr

January 17, 2025 15:29

Aether Industries reported a more than two-fold jump in net profit for Q3 FY25, driven by strong sales. The company's total income also increased significantly.

Weaker Rupee to Hike India's Import Bill: GTRI

January 17, 2025 12:06

GTRI warns that India's import bill will increase due to a weaker rupee, impacting sectors like electronics, machinery, and textiles. The think tank suggests a re-evaluation of rupee management and...

Singapore President to Visit Odisha, 8 MoUs to be Signed

January 17, 2025 10:33

Singapore President Tharman Shanmugaratnam will visit Odisha for two days, signing 8 MoUs focusing on skill development, infrastructure, and green technology.

India's High-Tech Export Controls: DGFT Sarangi on Transparency

January 16, 2025 20:14

India's DGFT emphasizes transparent process for high-tech exports, ensuring robust regulatory oversight and leveraging IT-enabled systems for seamless licensing.

SCOMET Export Violation Disclosure Guidelines Notified

January 16, 2025 14:48

India's DGFT has issued guidelines for voluntary disclosure of non-compliance or violations in exports of SCOMET items. The guidelines encourage responsible exporters to report violations.

DPIIT Discusses FDI Promotion with PEs, VCs, Pension Funds

January 15, 2025 19:35

The Department for Promotion of Industry and Internal Trade (DPIIT) held consultations with pension funds, private equity and venture capitals on attracting more foreign direct investments (FDI)...

India, Oman Negotiate Free Trade Agreement

January 14, 2025 18:05

India and Oman are holding the fifth round of talks for a free trade agreement, aiming to boost bilateral economic ties. The Comprehensive Economic Partnership Agreement (CEPA) seeks to reduce or...

India Salary Hike Forecast 2025: 9.4% Increase - Mercer

January 14, 2025 17:28

Indian employees can expect an average salary increase of 9.4% in 2025, driven by strong economic growth and rising demand for skilled talent, according to Mercer's Total Remuneration Survey.

PCBL Capex Plan on Track, Stock Drops 10% | Business News

January 13, 2025 21:12

PCBL Chemical Ltd's Rs 3,700 crore capex plan is on track despite a 23% YoY decline in standalone profit. The stock plummeted 10% after the earnings report.

Himadri Speciality Chemical Profit Jumps 31% to Rs 141.94 Crore

January 13, 2025 20:12

Himadri Speciality Chemical reported a 31.55% increase in net profit to Rs 141.94 crore in Q3FY'25, driven by strong performance across its product portfolio and export growth. The company plans to...

Rupee Depreciation: Limited Benefits for Exporters

January 13, 2025 17:24

Experts say rupee depreciation offers limited benefits to exporters due to high import costs and global market uncertainties. Learn how the falling rupee impacts Indian exports, imports, and...

India Corporate Credit Outlook: Steady Growth & Rate Cuts in 2025 - Fitch

January 13, 2025 14:18

Fitch Ratings forecasts improved credit access for Indian corporates in FY26, driven by steady GDP growth, banking sector health, and likely interest rate cuts in 2025.

Standard Glass Lining Shares Debut at 26% Premium

January 13, 2025 11:16

Shares of Standard Glass Lining Technology Ltd listed with a premium of nearly 26% on Monday, rallying on the BSE and NSE. The company's market valuation stood at Rs 3,541.97 crore.

CARE Upgrades Inox Wind Banking Facilities Ratings

January 13, 2025 10:48

CARE Ratings upgrades Inox Wind's banking facilities ratings to 'CARE A1+' for short-term and 'CARE A+/Stable' for long-term, reflecting strong financials and business growth.

LICO Materials Aims to Triple Revenue to Rs 100 cr in FY26: CEO

January 12, 2025 10:36

Battery recycling firm LICO Materials aims to triple revenue to Rs 100 crore in FY26, driven by the growing EV and energy storage demand in India. The company plans to set up its own downstream...

DPIIT Seeks Ways to Boost FDI in India

January 8, 2025 22:26

India's DPIIT held discussions with stakeholders to further promote FDI, seeking ways to improve the business climate and attract more investment. Key topics included e-commerce, press note 3, and...

RBI Interest Rate Cut Expected, Budget Focus on Job Creation: CII

January 8, 2025 19:00

CII expects RBI to cut interest rates in February, urging the government to focus on job creation in the upcoming budget. The industry body also advocates for de-linking food inflation from...

Standard Glass IPO Over-Subscribed 182 Times

January 8, 2025 18:43

Standard Glass Lining Technology Ltd's IPO was oversubscribed by 182.57 times, with strong demand from QIBs, non-institutional investors, and retail investors. The IPO raised Rs 410.05 crore.

PM Modi Launches Projects in Andhra, Inaugurates Pravasi Bharatiya Divas

January 7, 2025 18:42

PM Modi to launch development projects worth Rs 2 lakh crore in Visakhapatnam and inaugurate the 18th Pravasi Bharatiya Divas convention in Bhubaneswar.

Standard Glass IPO Oversubscribed 34.82 Times

January 7, 2025 17:55

Standard Glass Lining Technology's IPO received 34.82 times subscription on day 2, with strong demand from non-institutional investors and retail investors. The IPO was fully subscribed on the...

Odisha Approves Rs 44,793 Crore Investments, Creates 23,000 Jobs

January 7, 2025 13:03

Odisha government approves Rs 44,793 crore investments across five sectors, generating over 23,000 jobs. Projects include refinery, green energy, and steel.

Adani & Indorama Team Up for Petrochemical Venture

January 6, 2025 20:08

Adani Group and Thailand's Indorama Resources have formed a joint venture, Valor Petrochemicals, to establish a refinery and petrochemical complex in India.

Jan Aushadhi Sales Cross Rs 1,255 Cr, Saving Citizens Rs 5,020 Cr

January 6, 2025 20:00

Jan Aushadhi outlets achieved over Rs 1,255 crore in sales by November 2024, resulting in savings of Rs 5,020 crore for citizens. The scheme also expanded its reach through partnerships with CAPFs...

Wardwizard & C4V Partner for EV Battery Tech

January 6, 2025 13:19

Wardwizard Innovations & Mobility and C4V collaborate to develop advanced lithium-ion batteries for electric vehicles in India, focusing on high performance and sustainability.

Standard Glass Lining IPO Fully Subscribed

January 6, 2025 11:33

Standard Glass Lining Technology's IPO was fully subscribed within minutes of opening, receiving 3.22 times subscription. The issue, with a price band of Rs 133-140 per share, will conclude on...

India FDI Surges: Goyal Highlights Growth && Investment Opportunities

January 5, 2025 16:51

India's FDI is booming, driven by investors from the Middle East, Japan, EU && US. Commerce Minister Goyal highlights India's attractiveness for foreign investment.

Standard Glass IPO: Rs 123 Crore Raised from Anchor Investors

January 3, 2025 20:55

Standard Glass Lining Technology has raised Rs 123 crore from anchor investors ahead of its IPO, which opens on January 6. The IPO comprises a fresh issue and an offer for sale (OFS).

Standard Glass IPO: Price Band at Rs 133-140, Opens Jan 6

January 1, 2025 21:25

Standard Glass Lining Technology's IPO opens on January 6 with a price band of Rs 133-140 per share, aiming to raise Rs 410.05 crore. The IPO includes a fresh issue and an offer for sale by...

India Imposes Minimum Import Price on Soda Ash

December 30, 2024 22:13

The Indian government has imposed a minimum import price of Rs 20,108 per tonne on soda ash until June 2025. This move aims to protect domestic soda ash producers.

Gem Aromatics IPO: Files Papers to Raise ₹175 Crore

December 30, 2024 20:52

Gem Aromatics, a leading manufacturer of specialty ingredients, has filed IPO papers with Sebi to raise ₹175 crore. The IPO includes a fresh issue and an offer for sale by promoters and an investor.

India Probes Vietnamese Chemical Imports: Countervailing Duty

December 30, 2024 14:43

India investigates increased imports of Calcium Carbonate Filler Masterbatch from Vietnam, aiming to protect domestic manufacturers from subsidized imports.

India's Exports to Australia Surge 64.4% in November

December 29, 2024 10:51

India's exports to Australia soared by 64.4% in November, driven by strong growth in textiles, chemicals, and agricultural products. The rise comes as India and Australia implement their interim...

Indian Economy to Grow 6.5-6.8% in FY25: Deloitte

December 29, 2024 10:45

Deloitte forecasts India's economy to grow at 6.5-6.8% in FY25, driven by domestic consumption, despite global headwinds. The report highlights key sectors like manufacturing, services, and capital...

India Launches Anti-Dumping Probes on Chinese Imports

December 27, 2024 17:56

India has initiated anti-dumping investigations into imports of nylon filament yarn and TDQ (trimethyl dihydroquinoline) from China, alleging dumping practices. The probes aim to protect domestic...

Coal Exchange On Anvil: India Aims To Boost Output

December 27, 2024 11:00

India plans to launch a coal exchange, increase production, and promote coal gasification to meet growing demand. Coal output is expected to grow, with captive mines playing a key role. The...

Arunish Chawla Appointed Revenue Secretary

December 26, 2024 22:02

Arunish Chawla, a senior IAS officer, has taken charge as the Secretary, Department of Revenue. He previously served as the Secretary in the Department of Pharmaceuticals.

Murugappa Family Acquires MHM Holding: CCI Approves Deal

December 26, 2024 18:42

Mavco Investments and Avenue Capital Group get CCI approval to acquire MHM Holding, parent company of printing ink and chemicals firm Hubergroup. The deal involves a joint venture and cash...

Indian Exporters Seek Funds to Target US Amid China Trade Tensions

December 26, 2024 15:17

Indian exporters seek Rs 750 crore to tap into US export potential amid tariff threats on Chinese goods. They also seek extension of Interest Equalisation Scheme and tax benefits.

India's FDI Inflows to Continue in 2025: DPIIT

December 25, 2024 11:42

India's FDI inflows are projected to remain strong in 2025, driven by government initiatives to improve the business environment and attract foreign investment. Read more about the factors...

India Seeks Govt Support for US Exports Amid Tariffs

December 24, 2024 17:33

FIEO urges India's government to support exporters to capitalize on US trade opportunities amid potential tariffs on Chinese goods. Apparel, electronics, toys, footwear, and organic chemicals are...

Raise Import Duty on Petrochemicals: Trade Body Urges Govt

December 24, 2024 15:09

FICCI seeks higher import duty on polypropylene and polyethylene to protect domestic industry from Chinese competition and promote self-sufficiency.

GSP Crop Science Files IPO Papers with Sebi

December 23, 2024 13:53

GSP Crop Science, an agrochemical company, has filed draft papers with Sebi for an IPO. The offer includes a fresh issue of shares worth Rs 280 crore and an OFS.

IOC Probes US Firm Bribery Allegations

December 22, 2024 14:12

Indian Oil Corporation (IOC) is investigating allegations that Albemarle Corporation bribed its officials to secure catalyst contracts between 2009 and 2011. The US firm settled a bribery case with...

Gas Leak Incidents in India Double in 2023 - Gujarat Reports Most

December 20, 2024 15:33

Gas and chemical leak accidents in India rose to 30 in 2023, with Gujarat accounting for 24 incidents. The number doubled from 2013, highlighting safety concerns.

Farmery Expands into Fresh Produce, Strengthens Farm-to-Fork

December 19, 2024 13:45

Farmery, a food retail startup, expands into fresh fruits and vegetables, strengthening its commitment to sustainable, farm-to-fork food options in India.

Sai Life Sciences Shares Surge 20% on Debut

December 18, 2024 10:46

Sai Life Sciences Ltd shares debuted on the BSE and NSE with a premium of over 20%, reaching Rs 660 and Rs 650 respectively. The company's IPO was subscribed 10.26 times.

Coromandel & Mahindra Partner for Drone Spraying Services

December 17, 2024 16:15

Coromandel International and Mahindra Krish-e join forces to expand drone spraying services, Gromor Drive, across India, offering farmers efficient and sustainable solutions for their crops.

India's Imports from UAE Surge 109% to USD 6.12 Billion in Nov

December 16, 2024 19:29

India's imports from UAE jumped 109.57% year-on-year to USD 6.12 billion in November, leaving a trade deficit of over USD 3 billion. Learn more about the increasing trade between India and UAE.

UPL-SAS Tech & Climate Solutions for Indian Agriculture

December 15, 2024 16:18

UPL-SAS is transforming Indian agriculture with tech, climate-smart solutions, and a USD 200 mn investment to address challenges facing farmers.

UPL-SAS: Tech & Climate Solutions Drive Growth After USD 200mn Investment

December 15, 2024 10:48

UPL-SAS is leveraging technology and climate-smart solutions to transform Indian agriculture, investing USD 200 million to address food security and farmer challenges.

Sai Life Sciences IPO Subscribed 10.26 Times

December 13, 2024 18:26

Sai Life Sciences' IPO received 10.26 times subscription on the last day of share sale. The QIB category was oversubscribed 30.93 times, while retail investors received 1.37 times subscription.

RCF Sells 13,286 Tonnes of Sulphur-Coated Urea

December 13, 2024 15:12

Rashtriya Chemicals and Fertilizers (RCF) has sold over 13,000 tonnes of 'urea gold' in seven states since starting commercial production this year. The sulphur-coated urea offers improved nitrogen...

IPEF Members Discuss Chemicals Trade Diversification

December 12, 2024 21:43

IPEF members discussed promoting chemicals trade and diversifying sources during the second Supply Chain Council meeting. The council also shared updates on critical minerals, semiconductors, and...

Sai Life Sciences IPO Subscribed 1.25 Times on Day 2

December 12, 2024 19:06

Sai Life Sciences'' IPO received bids for 4,86,23,247 shares against 3,88,29,848 shares on offer, as per NSE data. The issue, with a price band of Rs 522-549 apiece, will conclude...

Sai Life Sciences IPO Subscribed 84% on Day 1

December 11, 2024 20:05

Sai Life Sciences IPO received an 84% subscription on Day 1, with QIBs subscribing 2.62 times and retail investors at 18%. The IPO will conclude on Friday.

Green Hydrogen Bid: Reliance, ReNew among 14 Firms

December 11, 2024 19:12

Reliance, ReNew, and 12 other companies have bid for incentives under India's green hydrogen scheme, aiming to produce 450,000 tonnes of green hydrogen.

India's Tariffs: Why Industry Wants Higher Duties Despite Reductions

December 11, 2024 16:17

India's tariff reduction to world average level sparks debate as industries push for higher duties. DPIIT Secy questions competitiveness and seeks to examine reasons behind the requests.

INOXGFL Group Enters Solar Manufacturing | Inox Solar

December 11, 2024 12:20

INOXGFL Group expands into solar manufacturing with Inox Solar, aiming for 5 GW module and 2.5 GW cell capacity by 2026. The company also offers EPC solutions and O&M services.

Sai Life Sciences IPO: Rs 913 Crore from Anchor Investors

December 10, 2024 23:18

Sai Life Sciences, backed by TPG Capital, raised Rs 913 crore from anchor investors ahead of its IPO. The IPO opens for public subscription on Wednesday. Learn more.

Best Agrolife & Shanghai E-Tong Sign R&D MoU

December 9, 2024 13:37

Best Agrolife partners with Shanghai E-Tong Chemical for collaborative R&D, manufacturing, and global market expansion. The agreement marks a new era of global collaboration for Best Agrolife,...

Women SHGs Empowering Rural HP Economy: Organic Products Drive Success

December 8, 2024 19:04

Women self-help groups in Himachal Pradesh are revolutionizing the rural economy, earning income through organic products and traditional crafts, empowering women and boosting local businesses.

India Crosses $1 Trillion FDI Milestone: Key Investment Destination

December 8, 2024 12:12

India's FDI inflows surpass USD 1 trillion, highlighting its attractiveness as a global investment destination. Key sectors include services, software, telecom, and manufacturing.

Gehlot Urges Modi for Barmer Refinery Approvals

December 7, 2024 21:51

Former Rajasthan CM Ashok Gehlot appeals to PM Modi to expedite approvals for the Barmer refinery, highlighting the project's economic potential and job creation opportunities.

Sonu Bhasin's Lala Shri Ram Bio Wins Gaja Capital Book Prize

December 6, 2024 16:58

Sonu Bhasin's biography of Lala Shri Ram, 'Entrepreneurs Who Built India', wins the 2024 Gaja Capital Business Book Prize for its contribution to Indian business literature.

Sai Life Sciences IPO Opens Dec 11, Price Band Rs 522-549

December 6, 2024 12:26

Sai Life Sciences, backed by TPG Capital, announces its IPO opening on December 11, with a price band of Rs 522-549 per share. The IPO aims to raise Rs 3,043 crore.

DAP Availability Boosted Amidst Supply Disruptions: MoS Patel

December 4, 2024 18:17

India faced DAP supply challenges due to geopolitical disruptions, but the government took steps to ensure timely fertilizer availability for farmers. Read about the measures taken.

Moglix & DPIIT Partner for Manufacturing Incubation

December 4, 2024 13:43

Moglix & DPIIT launch a 12-month incubation program for manufacturing startups, offering mentorship, supply chain access, and financial support to foster innovation and growth in India's...

MODIFI Targets 5,000 SME Finance in India

December 3, 2024 16:24

Fintech company MODIFI aims to finance 5,000 SMEs in India over the next 2-3 years, investing $15 million to fuel growth and expand its workforce.

Japanese Firms Keen on Semiconductor Units in India - Deloitte

December 3, 2024 13:49

Deloitte reports Japanese firms are eager to establish semiconductor units in India, leveraging their expertise and partnering with local companies. Skilled workforce, funding, and government...

Coal Gasification Projects: CIL, Bharat Coal Get Incentives

December 2, 2024 20:09

India's coal ministry has selected CIL and Bharat Coal Gasification & Chemicals for financial incentives to promote coal gasification projects, aiming for 100 MT production by 2030.

India-US Trade Relations: Commerce Ministry Reviews Amid Trump Statements

December 2, 2024 16:36

India's commerce ministry is reviewing trade relations with the US following statements by President-elect Donald Trump, focusing on potential implications for tariffs and market access.

GreenLine & Flipkart Partner for Greener Supply Chains

December 2, 2024 14:05

GreenLine Mobility Solutions will deploy LNG-run trucks for Flipkart's deliveries, aiming to reduce carbon emissions and create a more sustainable supply chain. This partnership complements...

India Manufacturing Growth Slows to 11-Month Low in November

December 2, 2024 11:32

India's manufacturing sector growth slowed to a joint 11-month low of 56.5 in November, driven by competitive conditions and inflationary pressures, according to a monthly survey. Despite the...

India Opposes Plastic Polymer Production Regulation

December 1, 2024 22:27

India opposes any measures to regulate primary plastic polymer production, stating it could impact development rights of nations. The statement came as a global meeting in South Korea to finalize a...

India FDI Jumps 45% to $29.79 Billion in H1 2024-25

December 1, 2024 17:21

India's foreign direct investment (FDI) surged by 45% year-on-year to USD 29.79 billion in April-September 2024, driven by strong inflows in services, computer, telecom and pharma sectors.

UK Apparel Firms: Huge Import Opportunities in India - Bharat Tex 2025

December 1, 2024 16:07

The Apparel Export Promotion Council (AEPC) highlights vast import opportunities for British apparel firms in India at the upcoming Bharat Tex 2025, a mega textile show showcasing the entire value...

Hikal Settles Disclosure Lapses Case with Sebi, Pays Rs 44 Lakh

November 29, 2024 18:52

Pharmaceutical firm Hikal has settled a disclosure lapses case with Sebi by paying Rs 44 lakh. The case involved alleged violations of LODR regulations related to an incident involving the illegal...

RBI Data: Bank Credit to Industry Up 8% in October

November 29, 2024 17:54

Banks' credit to industry grew by 8% in October 2024, according to RBI data. Credit to agriculture also saw strong growth, while personal loans slowed down. Learn more about the key trends in...

DAP Fertilizer Availability Exceeds Demand in Rabi Season

November 29, 2024 16:48

India's DAP fertilizer availability has exceeded demand in the Rabi season, with 34.07 lakh tonnes available against a requirement of 31.60 lakh tonnes from Oct 1 to Nov 24. The government monitors...

India's Med-Tech Exports to Reach USD 20 Billion by 2030: CII

November 29, 2024 15:28

India's medical technology industry is expected to reach USD 20 billion in exports by 2030, but needs government support for growth, says CII. The industry body highlights the need for more PLI...

PCBL Completes Mundra Plant Expansion: Specialty Chemical Capacity Doubles

November 28, 2024 18:34

PCBL Ltd has completed the expansion of its specialty chemical capacity at its Mundra plant, doubling the capacity to 40,000 MTPA. The company's total manufacturing capacity now stands at 7,90,000...

GAIL Revives Mangalore PTA Plant: INEOS Partnership

November 28, 2024 13:54

GAIL has re-engaged INEOS to revive its Mangalore PTA plant, aiming to reduce India's import dependence and boost domestic petrochemical manufacturing.

Sudarshan Chemical Promoters Sell 3% Stake for Rs 197 Crore

November 27, 2024 22:18

Sudarshan Chemical Industries promoters Pradeep Ramwilas Rathi and Subhadra Pradeep Rathi sold a 3% stake in the company for Rs 197 crore through open market transactions. Subhadra Pradeep Rathi...

Welspun One Launches Rs 2,700 Crore Warehousing Park at JNPA SEZ

November 27, 2024 14:03

Welspun One launches India's largest single-location Grade A warehousing and industrial park at JNPA SEZ in Navi Mumbai, investing Rs 2,700 crore. The facility offers businesses across sectors like...

IFFCO MD Wins ICA's Rochdale Pioneers Award

November 27, 2024 13:16

IFFCO's MD U S Awasthi receives the prestigious Rochdale Pioneers Award from the International Cooperative Alliance (ICA) for his contributions to the cooperative sector in India.

Temasek Holdings Acquires Stake in Rebel Foods: CCI Approves Deal

November 26, 2024 20:06

CCI approves Temasek Holdings'' acquisition of a stake in Rebel Foods, the foodtech company behind Faasos, Behrouz Biryani, and Oven Story. The deal involves subscription to compulsorily...

Elchemy Secures $5.6 Million for US Expansion & Tech

November 25, 2024 17:55

Elchemy, a cross-border specialty chemical distribution platform, raises $5.6 million led by Prime Venture Partners to expand its US team, enhance technology, and invest in supply chain solutions.

Food Inflation: TCPL Sees Short-Term Blip, Focus on Volume Growth

November 25, 2024 14:42

Tata Consumer Products Ltd (TCPL) expects food inflation to moderate in the next two quarters, with a focus on volume growth and a revival in consumer demand.

ACME Cleantech & BASF Partner for Green Ammonia Supply to Europe

November 22, 2024 18:11

ACME Cleantech and BASF have signed an agreement to supply green ammonia to European markets. The partnership aims to accelerate the adoption of green hydrogen and ammonia for decarbonization.

ACME Cleantech & BASF Partner for Green Ammonia Supply

November 22, 2024 18:11

ACME Cleantech and BASF sign agreement to supply green ammonia to European markets. This collaboration aims to accelerate the adoption of green hydrogen and ammonia.

US, India Can Forge 'Different Partnerships': Consul General

November 22, 2024 14:38

US Consul General Mike Hankey highlights potential partnerships between US and India in electric vehicles, green energy, and technology, emphasizing a need for diversified supply chains.

India to Enact Data Privacy Law, Encourages Data Flow

November 21, 2024 21:24

India is set to introduce a legal framework for data privacy, aiming to facilitate free data flow among trusted partners. The move encourages investment in technology and innovation.

Odisha CM Seeks Diaspora Support for Global Outreach

November 20, 2024 19:52

Odisha Chief Minister Mohan Charan Majhi emphasizes the importance of Odia diaspora engagement for strengthening the state's global outreach during his Singapore visit.

GNFC & INEOS to Build Acetic Acid Plant in India

November 20, 2024 18:21

GNFC and INEOS Acetyls International will form a 50:50 joint venture to build and operate a world-scale acetic acid facility in India, boosting domestic production.

India-UK FTA Talks Resume: Bridging Gaps for Deal

November 20, 2024 13:09

India and UK will resume FTA talks in 2024, aiming to bridge remaining differences and conclude a deal expeditiously. Both sides seek mutually beneficial outcomes, focusing on trade in goods and...

Aegis Vopak Terminals IPO: Rs 3,500 Cr, Sebi Filing

November 19, 2024 18:35

Aegis Vopak Terminals, a subsidiary of Aegis Logistics, has filed draft papers with Sebi for an IPO to raise Rs 3,500 crore. The IPO will be used to pay debt, fund expansion, and general corporate...

India Attracts Foreign Investors: CII Highlights Govt Initiatives

November 18, 2024 18:46

CII praises Indian government's initiatives like Make in India and PLI schemes for attracting foreign investment, citing increased FDI inflows and expanding manufacturing capabilities.

ArisInfra Solutions IPO: Sebi Approves Rs 600 Crore Issue

November 18, 2024 17:45

ArisInfra Solutions has received Sebi's approval to raise Rs 600 crore via an IPO. The company is a B2B construction materials platform, and the IPO proceeds will be used for working capital,...

Odisha CM's Singapore Visit: Investment Focus

November 16, 2024 10:05

Odisha Chief Minister Mohan Charan Majhi visits Singapore to attract global investments, highlighting the state's infrastructure and strategic sectors. The trip aims to position Odisha as a premier...

Odisha CM Majhi to Attract Investors in Singapore Trip

November 15, 2024 18:28

Odisha Chief Minister Mohan Charan Majhi embarks on a 4-day Singapore trip to attract investment ahead of the Utkarsh Odisha 2025 Summit, aiming to showcase the state's investment potential and...

India's Imports from UAE Surge 70% in October: Trade Deficit Widens

November 15, 2024 16:43

India's imports from UAE jumped by 70.37% to USD 7.2 billion in October, leaving a trade deficit of USD 3.5 billion. The FTA between India and UAE came into effect in May 2022.

Grasim Industries Q2 Profit Down 45.6% to Rs 1,100 cr

November 14, 2024 21:57

Grasim Industries reported a 45.64% decline in consolidated net profit to Rs 1,100.16 crore in the September quarter, impacted by lower cement profitability and investments in building materials...

revalyu Resources Expands Plastic Recycling in Nashik

November 14, 2024 21:23

revalyu Resources has commissioned a second plastic recycling unit at its Nashik plant, increasing its daily capacity to over 20 million PET bottles. The company plans to expand globally.

Lubrizol & Polyhose Partner to Make TN a MedTech Hub

November 14, 2024 17:26

Lubrizol and Polyhose sign MoU to build a medical manufacturing facility in Tamil Nadu, creating 200 jobs and boosting the state's MedTech sector.

Haldia Petrochemicals Expands Phenol Production Capacity

November 14, 2024 12:58

Haldia Petrochemicals Limited (HPL) signs a pact with Lummus Technology to increase phenol production capacity from 300 KTPA to 345 KTPA, aligning with its growth strategy.

Venus Pipes & Tubes Q2 Profit Up 17% to Rs 23.7 cr

November 14, 2024 12:39

Venus Pipes & Tubes reported a 17% increase in profit after tax to Rs 23.7 crore for Q2 FY25, driven by strong export demand. Revenue rose to Rs 229 crore.

Bayer CropScience Q2 Profit Down 39%: Higher Expenses Hit Results

November 13, 2024 19:15

Bayer CropScience India reported a 38.85% decline in Q2 net profit to Rs 136.3 crore, impacted by higher expenses. Revenue rose, but margins were hit by production costs and price pressure.

India Glycols to Demerge Spirits Biz, Partner with Amrut

November 13, 2024 18:33

India Glycols plans to demerge its spirits business and list it on exchanges, partnering with Amrut Distilleries to target the premium whisky market. The company expects strong growth in its...

Tata Chemicals Invests Rs 655 cr in New UK Facility

November 12, 2024 22:14

Tata Chemicals' subsidiary TCEL plans to invest Rs 655 crore in a new pharmaceutical grade sodium bicarbonate plant in the UK, tripling its production capacity.

India Imposes Anti-Dumping Duty on Chemical from China, Korea, Thailand

November 12, 2024 17:52

India has imposed an anti-dumping duty on Epichlorohydrin, a chemical used in adhesives, imported from China, Korea, and Thailand to protect domestic producers from cheap imports.

Godrej Industries Acquires Savannah Surfactants Food Additives Business for Rs 76 cr

November 12, 2024 14:14

Godrej Industries has acquired the food additives and emulsifier business of Savannah Surfactants Limited for Rs 76 crore, expanding its offerings in the food & beverage segment.

Balmer Lawrie Enters Rail Logistics with GATX Partnership

November 11, 2024 20:19

Balmer Lawrie 'Company has partnered with GATX India to enter the rail logistics market, leasing three rakes for transporting finished steel products. The company aims to grow its domestic...

Aditya Birla Group to Invest More in US - Trump's Positive Stance on India

November 10, 2024 20:54

Aditya Birla Group Chairman Kumar Mangalam Birla says the group is looking to invest further in the US, citing President-elect Donald Trump's positive stance towards India and strong industry ties.

India's Chemical Exports to Hit USD 31 Billion: CHEMEXCIL

November 10, 2024 13:25

CHEMEXCIL expects India's chemical exports to reach USD 31 billion in 2024-25, driven by strong demand in Brazil, the US, Japan, and Saudi Arabia.

Epigral Q2 Profit Surges Over 100% to Rs 81 Crore

November 9, 2024 16:49

Epigral Ltd reported a more than two-fold jump in profit to Rs 81 crore in the September quarter, driven by strong sales in derivatives and specialty businesses.

Govt Launches Rs 500 Cr Medtech Scheme: Boosting India's Self-Reliance

November 8, 2024 20:32

The Indian government launches a Rs 500 crore scheme to strengthen the medical device industry, focusing on manufacturing, skill development, and industry promotion. This initiative aims to make...

India Navigates US Sanctions on Firms: GTRI

November 8, 2024 20:08

GTRI highlights the impact of US sanctions on Indian businesses, urging them to navigate the complexities and prioritize compliance to protect their interests.

India Navigates US Sanctions on Firms: GTRI

November 8, 2024 17:19

GTRI urges India to carefully navigate US sanctions on Indian entities to protect business interests. The think tank suggests engaging diplomatically and tightening export controls.

INOX India PAT Rises 10% to Rs 50 Cr in Q2 FY25

November 8, 2024 16:16

INOX India reported a 10% increase in profit after tax to Rs 50.1 crore in the September 2024 quarter, driven by higher revenue and strong order influx.

INOX India Supplies Cryogenic Tanks for UK LAES Project

November 7, 2024 19:24

INOX India will provide five specialized cryogenic tanks for Highview Power's Liquid Air Energy Storage (LAES) project in Manchester, UK, marking the company's first LAES order.

Auto Expo 2025: Bharat Mobility Global Expo - Jan 17-22

November 6, 2024 22:23

India's Auto Expo becomes part of Bharat Mobility, a larger platform showcasing the country's mobility sector. The 6-day event, held Jan 17-22, 2025, will feature over 50 countries and 35 vehicle...

Auto Expo 2025: Bharat Mobility Global Expo in Delhi

November 6, 2024 22:01

The Auto Expo 2025 will be held as part of Bharat Mobility, a government initiative bringing all mobility-related trade shows under one platform in Delhi. Expect a six-day event from January 17-22,...

JB Pharma Q2 Profit Surges 16% to Rs 175 cr

November 6, 2024 21:14

JB Chemicals & Pharmaceuticals Ltd reported a 16% increase in profit after tax to Rs 175 crore for the second quarter ended September 2024, driven by strong domestic performance and growth in...

Trump's 'America First' Agenda: Impact on Indian Trade

November 6, 2024 16:57

Experts warn of higher tariffs on Indian goods like autos, textiles, and pharma if Trump's 'America First' agenda is implemented, potentially impacting Indian exports and IT sector.

Chemplast Sanmar Reports Q2 Net Loss of Rs 31 Cr - PTI

November 6, 2024 12:41

Chemplast Sanmar Ltd reported a net loss of Rs 31 crore in Q2 FY25 due to 'multiple headwinds', including volatile PVC prices. The company's revenue marginally increased to Rs 993 crore.

BITS Pilani '' UKIBC Partner for Research '' Industry Projects

November 5, 2024 21:30

BITS Pilani and UKIBC have signed an MoU to collaborate on research, academic-industry projects, transnational partnerships, and international student mobility.

Gold, Silver Jewelry Export Norms Revised: Wastage, Input-Output Rules Updated

November 1, 2024 19:55

The Indian government has revised norms for gold, silver, and platinum jewelry exports, including permissible wastage during manufacturing. The new rules aim to ensure duty-free precious metals are...

NTPC Develops Catalyst for Methanol Production from Flue Gas

October 30, 2024 18:07

NTPC has developed a catalyst for methanol production using gases emitted from fossil-fired power plants, in collaboration with the Indian Institute of Petroleum.

GHCL Profit Rises 8% to Rs 154.83 cr in Sep Quarter

October 30, 2024 17:55

GHCL Ltd's consolidated net profit rose 8% to Rs 154.83 crore in the September quarter, driven by operating excellence. Total income declined slightly, but the company expects growth from expansion...

Godavari Biorefineries Lists Weak, Down 12.5%

October 30, 2024 11:13

Godavari Biorefineries Ltd's shares debuted on the stock market with a disappointing 12.5% decline, marking a weak start for the ethanol and bio-based chemicals maker.

Govt Cuts Price of 3 Anti-Cancer Drugs - Trastuzumab, Osimertinib, Durvalumab

October 29, 2024 16:25

India's government has asked manufacturers to reduce prices of three anti-cancer drugs - Trastuzumab, Osimertinib and Durvalumab - to reflect tax cuts. This follows a customs duty exemption and...

BASF & AM Green Partner for Low-Carbon Chemicals in India

October 28, 2024 20:34

BASF and AM Green B.V. have signed an agreement to explore business opportunities for low-carbon chemicals produced with renewable energy in India.

Himachal Pradesh Starts Maize Procurement from Natural Farming

October 26, 2024 17:14

Himachal Pradesh begins purchasing maize produced through natural farming under the Prakritik Kheti Khushal Kisan Yojana, with 528 quintals bought on the first day. The state aims to procure 508...

Logistics Industry Challenges: Infrastructure, Workforce && More

October 26, 2024 13:34

Experts highlight key challenges facing the logistics industry, including road infrastructure, land availability, skilled workforce shortages, and rising costs. Learn about the industry's outlook...

Godavari Biorefineries IPO Subscribed 1.83 Times

October 25, 2024 19:10

Godavari Biorefineries IPO received 1.83 times subscription on the last day, with QIBs showing strong interest. The IPO raised over Rs 166 crore from anchor investors.

Thermax Acquires Buildtech Products India for Rs 72 Crore

October 25, 2024 18:10

Thermax has acquired construction chemicals maker Buildtech Products India for Rs 72 crore, strengthening its presence in the sector. The acquisition will support India's infrastructure development...

Indian Manufacturers Embrace AI & Robotics for Sustainability | PwC Report

October 25, 2024 15:45

A PwC report finds 93% of Indian manufacturers are adopting AI and robotics to boost sustainable practices and revenue. Industry 5.0 is driving innovation across sectors.

NFL to Build Rs 208 Crore Water-Soluble Fertilizer Plant

October 25, 2024 14:38

National Fertilizers Ltd (NFL) will build a Rs 208 crore water-soluble fertilizer plant in Madhya Pradesh and shut down its nano urea facility in Punjab.

Coromandel International to Invest Rs 800 Cr in Fertilizers & Crop Protection

October 24, 2024 22:25

Coromandel International announces Rs 800 crore investment to expand fertiliser manufacturing capacity and set up fungicide plants, aiming to meet growing demand in India.

Adani Wilmar Reports Rs 311 Cr Profit, Plans Acquisitions

October 24, 2024 19:59

Adani Wilmar posted a strong Q2 profit of Rs 311 crore, driven by higher income. The company is exploring acquisitions in cooking oils, speciality chemicals, and FMCG for growth.

Godavari Biorefineries IPO Subscribed 54% on Day 2

October 24, 2024 18:29

Godavari Biorefineries IPO received 54% subscription on day 2, with retail investors showing strong interest. The IPO comprises a fresh issue and an offer-for-sale.

Pidilite Industries Q2 Profit Up 17.8% to Rs 540.3 cr

October 23, 2024 20:00

Pidilite Industries reports a 17.83% rise in Q2 net profit to Rs 540.30 crore, driven by benign input prices and volume growth. Revenue from operations increased by 5.16% to Rs 3,234.91 crore.

Global Carbon Black Market to Reach USD 42 Billion by 2032

October 23, 2024 19:58

The global carbon black market is projected to grow by 50% to USD 42 billion by 2032, driven by the increasing demand in Asia-Pacific region. The industry is expected to offer substantial...

India Imposes Anti-Dumping Duty on Chinese Products

October 23, 2024 19:56

India has imposed anti-dumping duty on 5 Chinese products, including glass mirror and cellophane transparent film, for 5 years to protect domestic players from cheap imports.

Godavari Biorefineries IPO Subscribed 27% on Day 1

October 23, 2024 18:18

Godavari Biorefineries' IPO received 27% subscription on the first day, with retail investors showing strong interest. The IPO is a combination of fresh issue and an offer-for-sale (OFS) by...

India-China Trade Ties: Diplomatic Thaw Unlikely to Alter Dynamics

October 23, 2024 18:13

GTRI says improved India-China ties won''t significantly change trade relations. India''s trade deficit with China remains a concern, despite diplomatic breakthroughs.

GMDC Q2 Profit Surges 71% to Rs 128 cr

October 22, 2024 21:36

GMDC's Q2 profit rose 71.4% to Rs 127.86 crore, driven by increased revenue. The company is India's second largest lignite producer.

Godavari Biorefineries IPO Raises Rs 166 Cr from Anchor Investors

October 22, 2024 21:23

Godavari Biorefineries Ltd has raised over Rs 166 crore from anchor investors ahead of its IPO, which opens for subscription on October 23. The company is a leading manufacturer of ethanol-based...

West Bengal Eyes Carbon Black Investments Amid EV Growth

October 22, 2024 16:52

West Bengal aims to attract investments in the carbon black industry, driven by rising EV demand and battery manufacturing, with a projected 4.8% CAGR over the next decade. The state emphasizes a...

SRF Profit Down 33% in Q2; Rs 1,100 Cr Investment in Refrigerant Plants

October 22, 2024 15:48

SRF Ltd reported a 33% decline in Q2 profit to Rs 201.42 cr, but announced plans to invest Rs 1,100 cr in new refrigerant plants to meet future demand.

Activated Charcoal for Skin: Benefits Amid Rising Pollution

October 22, 2024 13:42

Experts recommend activated charcoal for skin health as pollution rises. Learn how charcoal masks can remove toxins, reduce sebum, and fight acne.

Jan Aushadhi Sales Hit Rs 1,000 Cr in October

October 21, 2024 18:11

Jan Aushadhi outlets achieved Rs 1,000 crore in sales in October, highlighting the growing trust in affordable and quality medicines. The scheme has expanded significantly, with over 14,000 outlets...

CropLife Appoints Crystal Crop Protection Chief as Chairman

October 21, 2024 13:27

CropLife India, representing major crop science companies, has appointed Ankur Aggarwal as its new chairman. He will address declining farmland and growing food security concerns in India.

India's Chemical Industry: Reliance on Imports, Sustainability Focus

October 18, 2024 19:44

Union Minister J P Nadda highlights India's chemical industry's growth potential but emphasizes the need to reduce reliance on imported feedstocks and embrace sustainability. The sector aims to...

Odisha Emerges as Key Player in Chemicals Sector: CM

October 18, 2024 18:49

Odisha Chief Minister highlights the state's emergence as a key player in the chemicals and petrochemicals sector, driven by PCPIR Paradeep and strategic location. The state is attracting...

Aether Industries Q2 Profit Dips 5% on Higher Costs

October 18, 2024 17:29

Aether Industries reported a 5.12% drop in Q2 profit to Rs 34.79 crore due to higher expenses despite revenue growth. The company's total income rose 17.7% to Rs 209.77 crore.

India's Chemical Industry: Nadda Stresses Need to Cut Reliance on Imported Feedstocks

October 18, 2024 16:32

Union Minister J P Nadda emphasizes the need for India's chemical and petrochemical industry to reduce reliance on imported feedstocks, promoting innovation, sustainability, and self-reliance to...

Godavari Biorefineries IPO Opens Oct 23: Price Band Rs 334-352

October 18, 2024 12:37

Godavari Biorefineries' Rs 555 crore IPO opens on October 23 with a price band of Rs 334-352 per share. The IPO includes fresh issue and OFS by promoters and Mandala Capital. Proceeds to be used...

DCW Doubles CPVC Production Capacity with Rs 140 Cr Investment

October 17, 2024 22:22

DCW, a specialty chemicals company, is investing Rs 140 crore to double its CPVC production capacity to 50,000 metric tonnes. The investment will be funded by internal accruals and debt.

Tata Chemicals Q2 Profit Down 55% to Rs 194 Crore

October 17, 2024 18:46

Tata Chemicals reported a 55% decline in Q2 net profit to Rs 194 crore, impacted by lower soda ash demand and heavy rains. Revenue remained flat.

L''T Wins Major Order from Rashtriya Chemicals

October 17, 2024 10:59

Larsen ''Toubro (L''T) secures a significant order from Rashtriya Chemicals and Fertilizers Ltd for a fertilizer plant in Raigad district, Maharashtra.

Delhi Court Fines MP Firm Rs 10 Lakh for Jan Aushadhi Trademark Infringement

October 16, 2024 19:21

A Delhi court has ordered a Madhya Pradesh firm to pay Rs 10 lakh in damages to the Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) for using a similar name to 'Jan Aushadhi'.

Himadri Speciality Chemical Q2FY'25 Profit Jumps 33%

October 16, 2024 16:59

Himadri Speciality Chemical Ltd reported a 33% YoY jump in net profit to Rs 134 crore for Q2FY'25, driven by higher margins. Revenue rose 13% to Rs 1,135 crore, while EBITDA surged 29.1%.

Nifty 50 Forecast: PL Capital Sees 27,867 Level in 12 Months

October 16, 2024 14:24

PL Capital predicts the Nifty 50 index will reach 27,867 in the next year, driven by resilient sectors and cautious optimism. The brokerage highlights key sectors to watch and analyzes potential...

Rallis India Q2 Profit Jumps 19.51% to Rs 98 Crore

October 15, 2024 19:49

Rallis India, a Tata Chemicals subsidiary, reported a strong Q2 FY25 with a 19.51% rise in net profit to Rs 98 crore, driven by growth in domestic Crop Care and Seeds business. Revenue also...

Nirmala Sitharaman's Mexico & US Tour: G20, IMF, World Bank Meetings

October 15, 2024 18:50

Finance Minister Nirmala Sitharaman will embark on a 11-day tour to Mexico and the US to participate in G20 meetings, IMF and World Bank events, and hold bilateral discussions.

GJEPC Urges Strict Diamond Disclosure Rules

October 14, 2024 15:13

The Gems & Jewellery Export Promotion Council (GJEPC) has urged the Indian government to implement stringent rules mandating clear disclosure of natural vs. lab-grown diamonds in marketing to...

IMF Urges Pakistan to End Preferential Treatment for Agriculture, Textile

October 14, 2024 10:00

The IMF has called on Pakistan to eliminate preferential treatment for the agriculture and textile sectors, arguing that these sectors have hindered the country's economic growth. The IMF report...

Sudarshan Chemical Acquires Heubach Pigment Biz for Rs 1,180 Crore

October 11, 2024 16:14

Sudarshan Chemical Industries Ltd to acquire global pigment business operations of the Heubach Group of Germany for a total consideration of Euro 127.5 million (about Rs 1,180 crore).

Sensex, Nifty Rise on Banking Stocks, Global Cues

October 10, 2024 17:43

Indian stock markets, Sensex and Nifty, closed higher on Thursday, driven by gains in banking and power stocks, supported by positive global market trends.

Sensex, Nifty Rise on Banking, Power Gains

October 10, 2024 16:14

Indian stock indices Sensex and Nifty closed higher on Thursday due to gains in banking, power, and industrial stocks, driven by positive global market sentiment. The gains were led by companies...

Himachal Farmers Get Rs 33,000 Grant for Natural Farming Cows

October 10, 2024 15:44

Himachal Pradesh farmers practicing natural farming will receive a grant of Rs 33,000 for buying a cow and a subsidy for their cowshed. Learn more about the program and benefits of natural farming.

Tata Group Stocks Surge on Ratan Tata's Passing

October 10, 2024 12:09

Tata Group stocks rose significantly following the passing of Ratan Tata. Tata Chemicals, Tata Teleservices, and Tata Investment Corporation saw the biggest gains.

India's Pharma & Meditech Exports to Grow Despite Slowdown: Official

October 9, 2024 14:40

India's pharmaceutical and meditech exports are expected to continue strong growth despite global economic slowdown, driven by government support and a pipeline of blockbuster molecules.

NSDL IPO Approved by Sebi: NSE, HDFC Bank, SBI to Sell Shares

October 8, 2024 14:50

NSDL, India's leading depository, gets Sebi's nod to launch its IPO. NSE, HDFC Bank, and SBI will offload shares in an OFS. This follows approval for Standard Glass Lining and Zinka Logistics IPOs.

Jubilant Ingrevia Joins WEF's Global Lighthouse Network

October 8, 2024 14:48

Jubilant Ingrevia's Gujarat facility joins the World Economic Forum's Global Lighthouse Network, showcasing its AI-driven manufacturing innovation. The network recognizes leading production...

Goyal Inaugurates CII Skill Center in Mumbai, Targets 1 Lakh Jobs

October 7, 2024 20:09

Commerce Minister Piyush Goyal inaugurated a CII skill development centre in Mumbai, aiming to provide one lakh jobs in a year. The centre will focus on skilling youth for the growing Indian economy.

Golden Farms: Online Marketplace for Farm Inputs in India

October 5, 2024 15:47

Safex Chemicals-backed AgCare Technologies launches 'Golden Farms', an online marketplace for farm inputs in India, offering agrochemical products, real-time information, and a streamlined...

Road Logistics Industry to Grow 6-9% in FY25: Icra

October 5, 2024 15:23

India's road logistics sector is projected to see a revenue growth of up to 9% in FY25, driven by strong demand from e-commerce, FMCG, and other sectors, according to Icra.

Anupriya Patel on Sustainability and Company Secretaries

October 4, 2024 20:32

Union Minister Anupriya Patel emphasizes the role of company secretaries in fostering economic, social, and environmental sustainability. The government aims to collaborate with ICSI for a...

Essar Energy Transition Welcomes UK Backing for HPP1 Project

October 4, 2024 18:42

Essar Energy Transition (EET) welcomes UK government funding for the HyNet cluster, which includes EET's 350-megawatt Hydrogen Production Plant 1 (HPP1) at its Stanlow site. The project aims to...

UP Bioplastic Policy: BCML's Rs 2000cr PLA Project

October 4, 2024 15:56

Balrampur Chini Mills (BCML) will finalize its Rs 2,000 crore bioplastic plant in UP once the policy details are released. The policy offers incentives for companies investing in sustainable...

US, India Boost Trade Ties: Critical Minerals, Semiconductors Key

October 4, 2024 09:25

US and India strengthened economic ties during the 6th Commercial Dialogue, focusing on critical minerals, semiconductors, and innovation. Both countries signed a new MoU on critical minerals...

US-India Commercial Dialogue: MoU on Critical Minerals, Semiconductor Supply Chains

October 4, 2024 05:02

US and India held the 6th Commercial Dialogue, signing a MoU on critical minerals supply chains and reviewing progress on semiconductors, innovation, and energy. The two countries also discussed...

Odisha Aims for Rs 5 Lakh Crore Investment in 5 Years

October 2, 2024 21:41

Odisha CM Mohan Charan Majhi targets Rs 5 lakh crore investment in the next five years, focusing on sectors like food processing, IT, and chemicals. The state is hosting the 'Utkarsh Odisha - Make...

West Asia Conflict: Impact on Indian Exports & Logistics

October 2, 2024 17:04

The escalation of conflict in West Asia is expected to disrupt trade, raise logistics costs, and impact oil, electronics, and agricultural exports from India.

Odisha to Host Ambassadors' Meet Ahead of Biz Summit

October 1, 2024 22:04

Odisha government to host a meeting of ambassadors in Delhi to showcase its industrial ecosystem and investment opportunities ahead of the Utkarsh Odisha: Make in Odisha Conclave 2025.

India Inc Credit Profile Improves on Growth: Crisil Ratings

October 1, 2024 17:19

India Inc's credit profile improved in H1 FY25 due to strong economic growth, led by government infrastructure investment and private consumption. Crisil Ratings expects further improvement.

India Launches Dumping Probe on Chinese Imports

October 1, 2024 17:16

India initiates anti-dumping investigation on six products from China, including chemicals, steel, and toner cartridges, due to alleged injury to domestic industries.

India's Industrial Sector Booming, Aiming for 9% Growth: NITI Aayog

September 30, 2024 19:54

India's industrial sector is growing rapidly, with manufacturing jobs and GDP increasing. NITI Aayog CEO predicts 9% economic growth.

Tata Electronics Suspends iPhone Case Production: No Impact on Exports for 3 Months

September 30, 2024 19:44

Tata Electronics has suspended iPhone case production following a fire at its Hosur facility, but shipments will not be affected for the next three months due to existing stock. The company is...

Manufacturing Employment Rises 7.5% in FY23

September 30, 2024 17:54

India's manufacturing sector saw a 7.5% rise in employment in FY23, reaching 1.85 crore, exceeding pre-pandemic levels. The growth was driven by key industries like basic metals, food products, and...

India Should Not Seek GSP Benefits from US: GTRI

September 30, 2024 17:43

GTRI suggests India should not push for GSP benefits reinstatement from the US as the gains are marginal and focus on broader trade discussions. The think tank believes India should prioritize a...

Vipul Organics to Raise Rs 25 Cr for Expansion

September 30, 2024 17:12

Vipul Organics plans to raise Rs 25 crore via rights issue to fund expansion projects, including a new plant in Gujarat. The company will offer one share for every three shares held, priced at Rs...

India Considers FDI Regulatory Mechanism for Oversight

September 29, 2024 15:02

India is considering a new regulatory mechanism for foreign direct investment (FDI) to ensure post-investment review and monitoring, aiming to strengthen oversight and attract legitimate investments.

Pidilite Invests Rs 5 Cr in Home Improvement Platform Wify

September 28, 2024 12:56

Pidilite Industries invests Rs 5 crore in Wify, a home improvement and maintenance services platform, to fuel its growth and market expansion.

GreenLine & Sterlite Copper Partner for Sustainable Logistics

September 26, 2024 16:41

GreenLine Mobility Solutions partners with Sterlite Copper to deploy LNG-powered trucks, enhancing logistics efficiency and reducing carbon emissions. The collaboration aims to drive sustainable...

Coromandel International to Increase Stake in BMCC

September 25, 2024 18:57

Coromandel International announced an additional 8.82% equity stake acquisition in BMCC, a Senegal-based rock phosphate mining company, increasing its total shareholding to 53.8%. This investment...

Make in India Celebrates 10 Years: Success and Future

September 24, 2024 17:45

India's 'Make in India' initiative celebrates 10 years, boasting successes in manufacturing, investment, and job creation. Commerce Minister Goyal highlights key achievements and future prospects.

Western Carriers Shares Debut Weak, Fall 7% - PTI

September 24, 2024 17:29

Western Carriers (India) Ltd shares ended their market debut over 7% lower than the issue price. The IPO, which garnered 30.46 times subscription, raised Rs 493 crore.

SML Isuzu Launches Electric Bus Hiroi.ev,...

SML Isuzu enters the EV market with its Hiroi.ev bus platform, targeting government...

Motorbike Ambulances for Highways: IRF's...

IRF suggests deploying motorbike ambulances at accident-prone points on highways to...

RBL Bank Q3 Profit Plunges on MFI Loan Reversals

RBL Bank's net profit plummeted in Q3 due to loan reversals in the microfinance...

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