Search result for 'manufacturing'

India Aims for 10 Semiconductor Fabs in 10 Years

September 9, 2024 21:42

India's Semiconductor Mission aims to establish 10 semiconductor manufacturing plants in the next decade. The government has received 20 proposals and approved five projects with a total investment...

Tata Electronics Partners with Tokyo Electron for Chip Manufacturing

September 9, 2024 20:53

Tata Electronics signs an MoU with Tokyo Electron to procure equipment and services for its semiconductor facilities in Gujarat and Assam, aiming to boost India's chip production.

HP to Make PCs in India with Dixon's Padget under PLI 2.0

September 9, 2024 20:04

HP India signs agreement with Dixon's Padget to manufacture notebooks, desktops, and all-in-one PCs under the PLI 2.0 scheme in India.

Bihar Attracts Rs 36,000 Crore Investment: 238 Companies Complete Formalities

September 9, 2024 20:02

Bihar has secured investments of Rs 36,000 crore from 238 companies, making it a leading state in business realization. The state is attracting investments in manufacturing and MSMEs, aiming to...

Tata Power Starts Solar Cell Production at Tirunelveli Plant

September 9, 2024 19:46

Tata Power has commenced production of solar cells at its 2GW facility in Tirunelveli, Tamil Nadu, boosting domestic manufacturing of solar components.

India & US Partner for Global Semiconductor Growth

September 9, 2024 19:26

India and the US are collaborating to expand the global semiconductor ecosystem under the CHIPS Act, focusing on supply chain resilience and diversification.

Shree Tirupati Balajee Agro IPO Oversubscribed 124.74 Times

September 9, 2024 18:43

Shree Tirupati Balajee Agro Trading Company's IPO received a massive 124.74 times subscription on the closing day, with strong interest from QIBs and retail investors.

Raft Cosmic EV to Invest Rs 50cr in Bengal EV Plant

September 9, 2024 17:48

Raft Cosmic EV, a subsidiary of Cosmic Birla Group, plans to invest Rs 50 crore in a new electric scooter manufacturing plant in West Bengal, aiming for an annual capacity of 12,000 units. The...

Kross IPO Subscribed 88% on Day 1: Details

September 9, 2024 17:45

Kross Ltd's IPO received an 88% subscription on Day 1, with strong demand from retail investors. The IPO, priced at Rs 228-240 per share, will conclude on September 11. Learn more.

India's Auto Component Industry: Goyal Urges Boost in Production, Exports

September 9, 2024 17:03

Piyush Goyal calls on Indian auto component makers to reduce reliance on imports, boost local production, and target $100 billion in exports by 2030.

India's Agrochemical Exports to Reach Rs 80,000 Crore in 4 Years

September 9, 2024 15:18

An ACFI-EY report predicts Indian agrochemical exports to exceed Rs 80,000 crore in the next four years with a conducive environment. The industry currently exports over Rs 43,000 crore and aims to...

Maruti Suzuki: Local Electronics Ecosystem Crucial for Automotive Industry

September 9, 2024 14:14

Maruti Suzuki CEO stresses the need for a robust local electronics ecosystem in India to reduce reliance on imports, drive affordability, and enhance competitiveness in the automotive sector.

EVs Can Maintain Cost Without Subsidies: Gadkari

September 9, 2024 13:46

Nitin Gadkari says EVs can be cost-competitive without subsidies due to falling battery prices, but won't oppose incentives. He's confident India can become the world's top auto manufacturer.

Electric Mobility Scheme Extended: FAME III in Works

September 9, 2024 12:46

India's Electric Mobility Promotion Scheme 2024 extended till FAME III is finalized. Minister reveals details about the upcoming FAME III scheme.

Asian Markets Dip After Wall Street Rout

September 9, 2024 12:37

Asian markets fell Monday after Wall Street's worst week in 18 months, driven by weak US jobs data and concerns about the economy. The Nikkei 225 and Hang Seng index led the decline, while US...

Indian Auto Industry Crosses Rs 20 Lakh Cr, Contributes 14-15% GST

September 9, 2024 11:46

India's auto industry surpassed Rs 20 lakh crore in FY24, contributing 14-15% to total GST. SIAM President highlights industry's growth and future plans.

Gala Precision Engineering Shares Surge 42% on Debut

September 9, 2024 10:53

Gala Precision Engineering shares soared nearly 42% on their market debut, with the stock opening at Rs 750 on the BSE. The IPO received overwhelming subscriptions.

Pritika Group Targets Rs 950 Crore Sales in 3 Years

September 9, 2024 10:31

Pritika Group, an engineering and automotive components manufacturer, aims to achieve Rs 950 crore in sales over the next three years, driven by strong order book and rising demand.

Rahul Gandhi: India Needs to Respect Skills, Focus on Manufacturing

September 9, 2024 10:03

Rahul Gandhi criticizes India's lack of respect for skilled workers and urges a focus on manufacturing to combat unemployment. He emphasizes the need to bridge the gap between education and...

Indian Markets Decline: Global Weakness & Foreign Outflows

September 9, 2024 09:53

Indian stock markets opened lower on Monday, following a weak trend in global markets and foreign fund outflows. Sensex and Nifty declined, with Adani Ports, Tata Steel, and NTPC among the biggest...

Rahul Gandhi: India Facing Unemployment, China Dominating Production

September 9, 2024 06:59

Rahul Gandhi highlights India's unemployment issues, citing China's dominance in global production. He stresses the need for manufacturing and vocational training to bridge the skills gap.

India Emerges as Chip Manufacturing Hub: Collaboration with Global Nations

September 8, 2024 19:16

India is becoming a key semiconductor manufacturing hub, attracting investments and collaboration from like-minded nations like the US, EU, and Japan. The country aims to build resilience in the...

Hexaware Tech Files Rs 9,950 Cr IPO: Carlyle-backed IT Firm Seeks Listing

September 7, 2024 12:32

Carlyle Group-backed Hexaware Technologies files draft papers with Sebi for a Rs 9,950 crore IPO. This would be the largest IPO in India's IT sector in over two decades. The company provides...

Wall Street Slumps: Worst Week in 18 Months, Tech Takes Hit

September 7, 2024 02:57

Wall Street closed its worst week in nearly 18 months with the S''P 500 down 1.7%. Tech stocks, led by Nvidia and Broadcom, took a significant hit. Weak job market data added to economic concerns.

India's First Silicon Carbide Facility in Odisha

September 6, 2024 23:45

Odisha becomes India's first silicon carbide manufacturing hub with RIR Power Electronics Limited's Rs 620 crore facility, creating over 500 jobs and boosting the semiconductor industry.

Peak XV Partners Sells Indigo Paints Stake for Rs 1,557 Crore

September 6, 2024 19:52

Peak XV Partners has divested a 22% stake in Indigo Paints to investors like Morgan Stanley, Mercer, and HDFC MF for Rs 1,557 crore. The transaction involved 1.05 crore shares of the Pune-based...

Kross IPO: Rs 150 Crore Raised from Anchor Investors

September 6, 2024 19:44

Auto parts maker Kross Ltd has raised Rs 150 crore from anchor investors ahead of its IPO, which will open for subscription on September 9. The IPO comprises a fresh issue of Rs 250 crore and an...

Shree Tirupati Balajee Agro IPO Subscribed 18.16 Times

September 6, 2024 18:43

Shree Tirupati Balajee Agro Trading IPO was subscribed 18.16 times on day 2, exceeding the quota for non-institutional investors and retail individual investors.

Maharashtra Approves Rs 1.17L Cr Semiconductor, EV Projects

September 6, 2024 18:18

Maharashtra government approves four mega semiconductor and EV projects, with a total investment of Rs 1.17 lakh crore and 29,000 jobs. The projects are located in Marathwada, Vidarbha, Pune and...

IIT Guwahati & Airbus India Partner for Global Training Center

September 6, 2024 18:11

IIT Guwahati and Airbus India have signed an agreement to establish a global training center in Guwahati, focusing on aviation, logistics, and aerospace technology, aiming to develop Assam as a...

India Eases Visa for PLI-Scheme Businesses: IESA Welcomes Move

September 6, 2024 17:25

IESA applauds India's new visa portal for foreign experts in PLI-scheme businesses, aiming to boost battery manufacturing and reduce reliance on China.

Dr Reddy's gets USFDA EIR for Srikakulam API Plant

September 6, 2024 16:29

Dr Reddy's Laboratories received a Voluntary Action Indicated (VAI) establishment inspection report (EIR) from the USFDA for its API facility in Srikakulam, Andhra Pradesh.

Valeo Expands Power Electronics Production in Pune

September 6, 2024 15:43

Valeo opens new power electronics manufacturing facility in Pune, boosting capacity to 1,600 Kw, meeting growing demand for EV technology in India.

Ashwini Vaishnaw, Anil Kapoor on Time's AI Influencers List

September 6, 2024 15:21

Union Minister Ashwini Vaishnaw, actor Anil Kapoor, and Infosys co-founder Nandan Nilekani are among Indians named in Time's 'Most Influential People in AI 2024'. The list also includes Sundar...

Adani's Journey: From Rejected College Applicant to $220 Billion Empire

September 5, 2024 20:53

Gautam Adani, India's second-richest person, was rejected by Jai Hind College in Mumbai but went on to build a USD 220 billion empire. He delivered a lecture at the same college on Teachers Day,...

India-Singapore Ties Elevated to Comprehensive Strategic Partnership

September 5, 2024 20:24

India and Singapore elevate their ties to a 'comprehensive strategic partnership', signing four MoUs during Prime Minister Modi's visit, including one on semiconductor cooperation.

Jindal Stainless Supplies Steel for Vande Bharat Sleeper Train

September 5, 2024 20:16

Jindal Stainless supplied high-strength stainless steel for the Vande Bharat sleeper coaches, offering improved performance, durability, and safety. Learn more about the project and the company's...

Allied Blenders & Ranveer Singh Launch Premium Spirits Venture

September 5, 2024 19:37

Allied Blenders and Distillers partners with Ranveer Singh to create a new venture focusing on premium spirits, tapping into the growing luxury market in India.

Singapore, India Partner on Semiconductor ''Digital Tech - Latest News

September 5, 2024 19:35

Singapore and India have agreed to collaborate on semiconductor and digital technologies, leveraging each other''s strengths to boost their respective industries.

Renewable Energy Boosts Indian Economy: Pralhad Joshi

September 5, 2024 19:04

Pralhad Joshi highlights the rapid growth of India's renewable energy sector and its positive impact on the economy. The minister emphasizes the government's initiatives in promoting renewable...

Shree Tirupati Balajee Agro IPO Oversubscribed 6.36 Times

September 5, 2024 17:59

Shree Tirupati Balajee Agro Trading Company's IPO received a strong response on Day 1, garnering 6.36 times subscription. The IPO will conclude on September 9.

Board of Trade to Meet in Mumbai on Export Boost

September 5, 2024 17:57

India's Board of Trade will convene in Mumbai on September 13th to discuss strategies for boosting exports. The meeting, chaired by Commerce Minister Piyush Goyal, will bring together...

India to Set Up Thiruvalluvar Centre, Invest India Office in Singapore

September 5, 2024 17:54

Prime Minister Modi announced the establishment of a Thiruvalluvar Cultural Centre and Invest India office in Singapore, strengthening cultural and economic ties between the two nations.

India-EFTA Trade Pact: Switzerland Begins Ratification

September 5, 2024 16:32

Switzerland's Federal Council has adopted the India-EFTA trade pact and sent it to Parliament for ratification. The deal aims to boost trade and investment between the countries.

EaseMyTrip Enters Electric Bus Manufacturing | New Subsidiary Easy Green Mobility

September 5, 2024 15:41

EaseMyTrip launches Easy Green Mobility, a subsidiary dedicated to manufacturing electric buses. The company plans to invest Rs 200 crore in R&D, product development, and a manufacturing plant,...

Gadkari: EV Subsidies No Longer Needed, Consumers Opting for EVs & CNG

September 5, 2024 14:58

Union Minister Nitin Gadkari states that electric vehicle subsidies are no longer required as consumers are choosing EVs and CNG vehicles. He cites falling production costs and lower GST on EVs as...

India's Renewable Energy Target: PM Modi on Speed 'Scale'

September 5, 2024 14:44

Prime Minister Modi emphasizes speed and scale in renewable energy deployment to reach India's 500 GW target by 2030, highlighting the country's solar energy growth and the importance of global...

Singapore, India Partner on Semiconductor Ecosystem

September 5, 2024 14:08

Singapore and India have signed an MoU to collaborate on semiconductor development, aiming to support India's growing industry and facilitate Singapore's participation in the Indian market.

Bihar Govt Invests Rs 2,900 Crore in MSME Promotion

September 5, 2024 12:52

Bihar government disburses Rs 2,900 crore to 74,540 beneficiaries under two schemes, Mukhya Mantri Udyami Yojana (MMUY) and Bihar Laghu Udyami Yojana (BLUY), to promote MSMEs.

India, Singapore Elevate Ties: Comprehensive Strategic Partnership

September 5, 2024 12:47

India and Singapore elevate bilateral ties to a 'comprehensive strategic partnership', signing 4 MoUs, including on semiconductors, during PM Modi's visit.

Piyush Goyal on Carbon Tax, Steel Industry Talks

September 5, 2024 12:35

India's Commerce Minister Piyush Goyal suggests discussions on carbon border adjustment tax with top steel industry leaders to promote sustainable manufacturing. He also calls for increased steel...

Biden to Block Nippon Steel's US Steel Acquisition

September 5, 2024 01:01

The White House is expected to block Nippon Steel's acquisition of US Steel, citing concerns about national security and job losses. The decision comes after Biden voiced his objections and the...

India's 5G & 6G Rollout: Aiming for Developed Nation Status - DoT Secretary

September 4, 2024 21:21

India's Telecom Secretary highlights the role of 5G and upcoming 6G rollout in achieving developed nation status, emphasizing the need for robust infrastructure and global collaboration.

Vedanta's Display Glass Biz to Grow 10x with AvanStrate Inc

September 4, 2024 20:46

Vedanta Limited's display glass business is set to grow 10-fold after consolidating its holding in AvanStrate Inc. to 98%. The acquisition will drive innovation and expansion in high-tech display...

Maxion Wheels Launches Scholarship Program in India

September 4, 2024 20:30

Maxion Wheels launches academic scholarship program in India in partnership with Savitribai Phule Pune University (SPPU) and Iochpe Foundation of Brazil. The program aims to support underprivileged...

Reliance Wins 10 GW Battery Storage PLI Approval

September 4, 2024 19:26

Reliance Industries secures approval for a 10 GW battery manufacturing facility under the Indian government's Production Linked Incentive (PLI) scheme for ACC Battery Storage.

Gala Precision IPO Oversubscribed 201 Times

September 4, 2024 19:18

Gala Precision Engineering's IPO received a massive 201.44 times subscription on the final day of bidding, with strong demand from all categories. The IPO is set to be listed on BSE and NSE.

Kinetic Green to Launch Family E-Scooter in 18 Months

September 4, 2024 18:17

Kinetic Green, an electric vehicle maker, plans to launch a family e-scooter in the next 18 months. The company is also targeting a topline of Rs 10,000 crore by 2030, with 60% of revenue coming...

Gold Price Slumps Rs 450, Silver Plunges Rs 1,650

September 4, 2024 17:48

Gold prices in India fell by Rs 450 to Rs 73,600 per 10 grams on Wednesday, extending losses for the third straight session. Silver prices also plummeted by Rs 1,650.

Nifty Ends 14-Day Run, Sensex Drops on Weak Global Trends

September 4, 2024 17:17

Indian stock markets fell on Wednesday due to profit-taking and weak global trends. Nifty snapped its 14-day winning streak, while Sensex closed lower by 202 points. IT, banking, and metal shares...

Interarch Building Products Invests Rs 95 Cr in Andhra Plant

September 4, 2024 16:42

Interarch Building Products, a leading PEB solutions provider, is setting up a new manufacturing facility in Andhra Pradesh, investing Rs 95 crore to expand its capacity.

Kross IPO Opens Sep 9: Price Band Rs 228-240/share

September 4, 2024 16:21

Kross Ltd, an auto parts manufacturer, has set a price band of Rs 228-240 per share for its Rs 500 crore IPO, opening on September 9. The IPO includes a fresh issue and an offer-for-sale by...

Dr Reddy's, Lupin Recall Products in US Due to Manufacturing Issues

September 4, 2024 16:02

Dr Reddy's Laboratories and Lupin are recalling products in the US due to manufacturing issues, including Ibuprofen tablets and Cefixime for Oral Suspension.

Nifty Halts 14-Day Rally, Sensex Drops on Weak Global Markets

September 4, 2024 15:55

Indian stock markets closed lower on Wednesday, with Nifty ending its 14-day winning streak and Sensex dropping over 200 points, driven by weak global trends and concerns over a potential US slowdown.

Trump vs. Harris: Tax Cuts vs. Wealth Tax on US Economy

September 4, 2024 15:45

Trump favors tax cuts for the wealthy, while Harris pushes for higher taxes on corporations and the ultra-wealthy to boost the US economy. Learn about their plans and the impact on the middle class.

India Needs 10-20 Chip Plants in Next 10 Years: Semi CEO

September 4, 2024 15:29

India is poised for significant semiconductor growth, with Semi CEO Ajit Manocha predicting 10-20 chip plants in the next decade. Semicon India 2024, a major conference, highlights India's...

Alpex Solar Doubles PV Module Capacity to 2.4 GW by FY26

September 4, 2024 15:20

Alpex Solar announces plans to double its solar PV module capacity to 2.4 GW by FY2026, including a new 1.2 GW greenfield project in Uttar Pradesh. The company is also exploring solar cell...

PM Modi in Singapore: Deepening Strategic Partnership

September 4, 2024 13:49

Prime Minister Narendra Modi arrives in Singapore for a two-day visit to strengthen strategic ties, focusing on advanced manufacturing, digitalization, and sustainable development. He will meet...

FAME 3 Scheme Finalization in 1-2 Months: Govt

September 4, 2024 13:03

India's FAME 3 electric mobility scheme is expected to be finalized within 1-2 months, with the government addressing concerns from the first two phases. The scheme will replace the current EMPS...

India to Set Up Special Purpose Vehicle for Aircraft Manufacturing

September 4, 2024 12:53

India's civil aviation ministry plans to establish a special purpose vehicle to boost aircraft manufacturing in the country, aiming to start production within the next five years.

Jakson Engineers Invests Rs 2,000 Cr in Solar Biz Expansion

September 4, 2024 12:51

Jakson Engineers plans to invest Rs 2,000 crore to expand its solar manufacturing business, setting up a 2,500 MW Solar Cell facility and expanding its module facility to 2,000 MW.

India Extends Interest Equalisation Scheme for Exporters

September 4, 2024 12:39

The Indian government has extended the Interest Equalisation Scheme for pre- and post-shipment rupee export credit for another month, until September 30, to boost outbound shipments. This scheme...

India Services Sector Hits 5-Month High in August: PMI

September 4, 2024 11:36

India's services sector activity surged to a 5-month high in August, driven by strong new work orders and positive economic outlook. The HSBC India Services Business Activity Index rose to 60.9,...

Asian Stocks Tumble Following Wall Street Drop

September 4, 2024 11:30

Asian markets decline after Wall Street's worst day since August, driven by Nvidia's fall and economic concerns. Japan's Nikkei 225 led losses, while Hong Kong's Hang Seng index also declined.

Sensex, Nifty Slump: Weak Global Markets Drag Indices Down

September 4, 2024 09:58

Sensex and Nifty tumbled in early trade on Wednesday, tracking weak global markets. JSW Steel, Infosys, Larsen & Toubro, State Bank of India, and Tata Steel were among the major laggards.

Pakistan Finance Minister Urges Traders to Pay Taxes

September 3, 2024 22:45

Pakistan's Finance Minister calls on traders to pay taxes to stabilize the economy, urging them to contribute to revenue collection. He highlights the need to increase the tax-to-GDP ratio for...

General Atlantic Acquires Actis Holdings: CCI Approves Deal

September 3, 2024 20:30

General Atlantic, a US-based private equity firm, has received approval from the Competition Commission of India (CCI) to acquire Actis Holdings, a sustainable infrastructure investor. The deal...

SBL Energy Opens TNT Plant in Nagpur, Boosting Defence Exports

September 3, 2024 19:28

SBL Energy has inaugurated a new TNT plant in Nagpur, Maharashtra, with an annual production capacity of 3,000 tonnes. The plant will cater to growing domestic and international demand for...

India to Become Green Mobility Destination: Kant

September 3, 2024 18:57

India's G20 Sherpa Amitabh Kant says the government will push for green mobility adoption, including electric vehicle manufacturing and electric bus tenders, making India a global leader in...

Gala Precision Engineering IPO Oversubscribed 52.17 Times

September 3, 2024 18:49

Gala Precision Engineering's IPO received strong demand, oversubscribed 52.17 times on day two. The IPO closes on September 4, with shares priced between Rs 503-529.

Sensex Dips After Record Run, IT & Oil Shares Sell-Off

September 3, 2024 17:24

Indian stock markets took a breather on Tuesday after a record-breaking rally, with the Sensex closing marginally down due to profit-taking in IT, oil, and metal shares. The Nifty, however, closed...

Premier Energies Shares Surge 87% on Market Debut

September 3, 2024 16:38

Premier Energies shares closed 87% higher on its market debut, reaching Rs 839.65. The IPO was oversubscribed 74 times, raising Rs 2,830 crore. The company plans to invest in a new solar PV...

Indore-Manmad Rail Line: Connecting Mumbai to Nepal Border

September 3, 2024 16:28

The new Indore-Manmad railway line project will connect Mumbai's Jawaharlal Nehru Port to areas near the Nepal border, boosting trade and economic development in Madhya Pradesh and Maharashtra.

Sensex, Nifty Flat After Record Rally; Nifty's 14-Day Win Streak

September 3, 2024 16:12

Indian equity indices Sensex and Nifty ended flat on Tuesday, taking a breather after record rallies. Nifty extended its winning streak to 14 days. Read more.

Kross IPO Opens Sep 9: Rs 500 Crore Share Sale

September 3, 2024 15:37

Kross Ltd, an auto parts manufacturer, will launch its Rs 500 crore IPO on September 9. The three-day offer includes a fresh issue and an Offer for Sale (OFS) by promoters. Learn more about Kross'...

Entod Pharma Gets DCGI Nod for Presbyopia Eye Drops

September 3, 2024 14:51

Entod Pharmaceuticals receives DCGI approval for PresVu eye drops, the first in India to treat presbyopia, a common age-related vision condition. The company plans to launch the product in India in...

Premier Energies Shares Surge 120% on Market Debut

September 3, 2024 11:04

Premier Energies Ltd shares listed on the BSE and NSE with a remarkable 120% premium over the issue price, driven by strong demand in the IPO. The company's market valuation now stands at Rs...

Rupee Falls to 83.95 Against US Dollar - News

September 3, 2024 09:42

The Indian rupee declined 4 paise to 83.95 against the US dollar on Tuesday, driven by a stronger greenback and weak domestic manufacturing data. Read more.

Sterlite Tech Settles Dispute with Data Management Centre for Rs 4 Crore

September 2, 2024 21:33

Sterlite Technologies agrees to pay Rs 4 crore to the Data Management Centre to settle a dispute over delayed obligations. The settlement was reached through the Singapore International Arbitration...

Shree Tirupati Balajee Agro Trading IPO Opens Sep 5 - Rs 78-83/share

September 2, 2024 19:57

Shree Tirupati Balajee Agro Trading IPO opens on September 5th with a price band of Rs 78-83 per share. The IPO, aiming to raise nearly Rs 170 crore, will conclude on September 9th. Learn more.

JSW Cement Rs 4,000 Cr IPO Halted by Sebi

September 2, 2024 17:58

Sebi has put on hold JSW Cement's Rs 4,000 crore IPO without disclosing reasons. The IPO involved fresh issue and offer-for-sale by investors. Read more.

Tea Growers Urge Extension of Plucking Date in Bengal

September 2, 2024 16:39

Small tea growers in West Bengal are requesting the Tea Board to extend the last date of plucking green leaves to December due to a significant drop in production caused by adverse weather conditions.

Gold Price Falls Rs 250, Silver Tumbles Rs 1,700

September 2, 2024 16:38

Gold prices in India declined by Rs 250 to Rs 74,100 per 10 grams on Monday, driven by tepid demand from local jewellers and retailers. Silver also fell by Rs 1,700 to Rs 85,500 per kg due to...

Rupee Falls 7 Paise to 83.92 vs US Dollar - Latest News

September 2, 2024 16:09

The Indian Rupee depreciated 7 paise to close at 83.92 against the US Dollar, driven by weak macroeconomic data but supported by positive domestic markets, easing crude oil prices, and a weaker US...

L&T Creates Renewable Energy Business Vertical

September 2, 2024 14:29

Larsen & Toubro (L&T) has announced the creation of a separate renewable business vertical, led by A Ravindran, to capitalize on the growing demand for sustainable energy infrastructure.

Gala Precision IPO Fully Subscribed in Minutes

September 2, 2024 11:54

Gala Precision Engineering's IPO was fully subscribed within minutes of opening. The IPO received 2.15 times subscription, with strong demand from retail and institutional investors. Learn more...

India Manufacturing Growth Slows in August: PMI

September 2, 2024 11:20

India's manufacturing sector growth moderated in August, with output and sales rising at the slowest rates since January. The HSBC India Manufacturing PMI stood at 57.5, signaling continued...

Asian Markets Mixed Ahead of US Holiday & Jobs Report

September 2, 2024 11:04

Asian markets traded cautiously ahead of the US Labor Day holiday and the release of the US employment report. Japan's Nikkei gained, while Australia's ASX 200 declined. China's PMI data showed a...

Rupee Falls 3 Paise to 83.88 vs US Dollar

September 2, 2024 10:07

Rupee depreciates 3 paise to 83.88 against the US dollar in early trade on Monday, influenced by fluctuating crude oil prices and volatility in international dollar trade. Positive domestic equity...

Chinese Imports Hurt Indian MSMEs: GTRI Report

September 1, 2024 18:14

A new report by GTRI reveals that Chinese imports of goods like umbrellas, toys, and musical instruments are severely impacting Indian MSMEs, leading to job losses and economic slowdown.

Ohmium International Invests Rs 400 Cr in Tamil Nadu for Green Hydrogen Facility

September 1, 2024 13:35

US-based Ohmium International will invest Rs 400 crore in Tamil Nadu to set up a green hydrogen manufacturing facility, creating 500 jobs. The investment is part of Tamil Nadu's efforts to attract...

Infant Attrition on Rise in India: 10-15% Annual Labour Movement

September 1, 2024 12:39

Infant attrition, or employees quitting within six months, is increasing in India, driven by poor work-life balance, job dissatisfaction, and lack of career opportunities. Learn about the impact...

Centre, States to Discuss Industry Growth on Sep 5

September 1, 2024 12:11

India's commerce minister will chair a meeting of state industry ministers on September 5th to discuss ways to promote industrial growth. The meeting will focus on manufacturing, ease of doing...

Raymond Sees Business Surge After Bangladesh Crisis

September 1, 2024 11:44

Raymond, a leading textiles and apparel company, has received numerous inquiries from global firms following the crisis in Bangladesh, aiming to capitalize on the opportunity. The company...

India's Trade Surplus & Deficit: 151 Nations, 75 Countries (Jan-June 2024)

September 1, 2024 11:10

GTRI reports India had a trade surplus with 151 countries & deficit with 75, including China & Russia, during Jan-June 2024. Key focus on reducing industrial goods imports.

Stock Market Outlook: Global Trends, Macro Data, FPI Activity Key

September 1, 2024 10:02

Market sentiments will be driven by global trends, macro data, FPI activity, US interest rates, and auto sales data. Key indices are expected to continue their upward trend.

Google to Explore Pixel 8 Manufacturing, AI Initiatives in Tamil Nadu

August 31, 2024 22:07

Google signs MoU with Tamil Nadu government to explore Pixel 8 manufacturing, AI skill development, and an AI ecosystem for MSMEs.

India's GDP Growth Slows to 15-Month Low: RBI Guv

August 31, 2024 15:10

India's GDP growth slowed to 6.7% in Q1 FY24 due to lower government spending, according to RBI Governor Shaktikanta Das. He attributed the slowdown to the model code of conduct during the Lok...

Electronics Exports Surge 23% Annually, India's 5th Largest Commodity

August 30, 2024 22:26

India's electronics exports have grown to become the country's 5th largest commodity, driven by a 23% annual growth rate. The industry crossed USD 100 billion in market value, fueled by initiatives...

Vitera Invests Rs 250 Cr in Vijayapura Agriculture Infrastructure

August 30, 2024 19:51

Canadian company Vitera invests Rs 250 crore in Vijayapura district, Karnataka, to develop agricultural infrastructure and reduce post-harvest losses for farmers.

Engineering, Food, Pharma to Set Up Units at DIPA: DPIIT

August 30, 2024 18:37

Engineering, food and pharma sectors are proposed to set up manufacturing units at Dighi Port Industrial Area (DPIA), one of the 12 industrial cities approved by the Union Cabinet.

India's GDP Growth Slows to 6.7% in Q1: Govt Data

August 30, 2024 17:44

India's GDP growth slowed to 6.7% in the April-June quarter, mainly due to a decline in the farm sector. Manufacturing sector saw an acceleration to 7%.

Transformers and Rectifiers (India) Wins Rs 252 Crore Orders

August 30, 2024 16:24

Transformers and Rectifiers (India) Ltd secures new orders worth Rs 252 crore, including transformers and reactors, to be executed by the next financial year.

Zydus Lifesciences Gets USFDA Nod for Scopolamine Transdermal System

August 30, 2024 16:13

Zydus Lifesciences receives USFDA approval to market Scopolamine transdermal system for nausea and vomiting prevention. This is the fifth ANDA approval for Zydus in the transdermal portfolio.

USFDA Issues Warning Letter to Zydus Lifesciences for Injectables Facility

August 30, 2024 15:27

Zydus Lifesciences receives a warning letter from the USFDA for its injectables manufacturing facility in Jarod, Gujarat, due to violations of manufacturing regulations. The letter does not mention...

Indian Firms Urged to Support Domestic Goods for Protection - Goyal

August 30, 2024 13:43

Commerce Minister Piyush Goyal calls on Indian companies to support and buy from each other, highlighting the benefits of a robust domestic ecosystem for protection against disruptions like...

Mahindra & Sentrycs Partner for Anti-Drone Solutions in India

August 30, 2024 12:10

Mahindra Group and Sentrycs have signed an MoU to develop and provide anti-drone solutions in India, covering civilian and military applications. This partnership aims to create cutting-edge...

Welspun Living Shares Drop After Family Trust Stake Sale

August 29, 2024 23:06

Balkrishan Goenka's family trust sold a 3.9% stake in Welspun Living for Rs 781 crore, leading to a 5.05% drop in the company's shares. The sale was conducted through an open market transaction.

Decriminalization of Labor Laws: Driving Inclusive Growth in India

August 29, 2024 21:26

A senior government official highlights how decriminalization of labor laws, increased female workforce participation, and social security measures will drive inclusive growth in India.

Govt Allows Sale of 23 Lakh Tonnes FCI Rice to Ethanol Makers

August 29, 2024 20:37

The Indian government has permitted the sale of 23 lakh tonnes of rice from FCI stocks to ethanol producers, reversing a ban imposed last year. The move aims to manage surplus rice stocks and...

Premier Energies IPO Oversubscribed 74 Times

August 29, 2024 18:41

Premier Energies' IPO, seeking to raise Rs 2,830 crore, was oversubscribed 74 times on the last day of bidding. QIBs showed strong interest, subscribing 216.67 times.

India Tyre Exports Rise 17% in Q1: ATMA

August 29, 2024 16:08

India's tyre exports surged 17% year-on-year in Q1 FY25, reaching Rs 6,219 crore, with the US being the top market. Growth was driven by R&D focus, competitive pricing, and branding efforts,...

Reliance to Commission First Solar Giga-Factory This Year

August 29, 2024 15:40

Reliance Industries plans to commission its first solar giga-factory this year, including PV modules, cells, wafers, and more, as part of its green energy push.

India Rating Retained at 'BBB-' by Fitch with Stable Outlook

August 29, 2024 15:31

Fitch Ratings has affirmed India's sovereign rating at 'BBB-' with a stable outlook, citing strong medium-term growth and improved fiscal credibility. Read more.

GH2 Solar Wins 105 MW Electrolyser Project: Green Hydrogen Push

August 29, 2024 14:57

GH2 Solar secures a 105 MW electrolyser manufacturing project from SECI, boosting India's green hydrogen ambitions. The project, funded by PLI scheme, aims to achieve 5 million MT of green hydrogen...

Reliance Deep Tech Transformation: Ambani''s Vision at RIL AGM

August 29, 2024 14:52

Mukesh Ambani outlines Reliance''s transformation into a deep tech company at the RIL AGM, emphasizing AI''s role and promising a place in the global top-30.

Ohmium Secures Funding for 137-MW Green Hydrogen Facility

August 29, 2024 14:50

Green hydrogen firm Ohmium receives funding under the SIGHT scheme to expand its electrolyzer manufacturing capacity to 137 MW, supporting India's green energy goals.

Kerala's New Industrial City: Rs 10,000 Crore Investment, 55,000 Jobs

August 29, 2024 14:35

Kerala's industrial landscape to transform with new Palakkad city, attracting Rs 10,000 crore investment and creating 55,000 jobs. Part of the Kochi-Bengaluru Hi-Tech Industrial Corridor.

L&T Semiconductor & C-DAC Partner for Indigenous Chip Tech

August 28, 2024 22:36

L&T Semiconductor Technologies and C-DAC have signed an MoU to collaborate on developing local chip technology and ecosystem, focusing on Make-in-India IC, SoC and ESDM solutions for various sectors.

Indian Economy Resilient Amid Global Uncertainties: NCAER

August 28, 2024 22:24

The Indian economy remains resilient despite global uncertainties, but the outlook is softer due to moderation in high-frequency indicators, according to NCAER's Monthly Economic Review.

Emami Bangladesh Operations Stabilize After Political Turmoil

August 28, 2024 19:44

Emami's CFO confirms Bangladesh operations have stabilized with employees returning to work and production resuming. The company expects business to normalize soon with the new government.

Govt to Set Up 12 Industrial Cities: Boost to Manufacturing

August 28, 2024 18:54

The Indian government plans to establish 12 new industrial cities across 10 states, aiming to boost domestic manufacturing and create jobs. Experts believe this move will attract investment and...

Premier Energies IPO Over-Subscribed: 6.60 Times on Day 2

August 28, 2024 17:54

Premier Energies IPO receives 6.60 times subscription on Day 2, with strong interest from non-institutional investors and retail investors. The IPO was fully subscribed on Day 1.

Adani Ports to Invest Rs 3,500 Cr in MP Projects

August 28, 2024 17:01

Adani Ports will set up a cement grinding unit in Guna and a propellant production facility in Shivpuri, Madhya Pradesh, with a total investment of Rs 3,500 crore.

Zydus Lifesciences Gets USFDA Nod for Generic Parkinson's Drug

August 28, 2024 16:25

Zydus Lifesciences has received USFDA approval for Amantadine extended-release capsules, a generic medication for Parkinson's disease, providing 180 days of exclusivity.

India to Build 12 New Industrial Cities: Rs 28,602 Cr Investment

August 28, 2024 15:21

India's Cabinet approves 12 new industrial cities across 10 states, aiming to boost manufacturing with a Rs 28,602 crore investment under the National Industrial Corridor Development Programme.

PDS Ltd Raises Rs 430 Crore Through QIP - Business News

August 28, 2024 14:31

PDS Ltd, a fashion sourcing and manufacturing platform, raised Rs 430 crore through a qualified institutional placement (QIP). The funds will be used for expansion and diversification.

Concord Enviro Systems Files IPO Papers with SEBI

August 28, 2024 13:21

Concord Enviro Systems, an environmental engineering solutions firm, has filed fresh preliminary papers with SEBI for an IPO. The company will raise Rs 192.3 crore through fresh issuance of equity...

Aeron Composite Raises Rs 15.17 Crore from Anchor Investors

August 28, 2024 10:59

Aeron Composite Ltd has raised Rs 15.17 crore from anchor investors ahead of its IPO on NSE Emerge. The company, which manufactures fiberglass reinforced polymer products, plans to use the funds...

Premier Energies IPO Fully Subscribed on Day 1 | 2.1 Times Subscription

August 27, 2024 18:02

Premier Energies' IPO was fully subscribed on the first day, receiving 2.1 times subscription. The ₹2,830 crore offer saw strong demand from retail and non-institutional investors. Learn more...

Bharat Battery Show 2025: Over 200 Global Players to Showcase Tech

August 27, 2024 17:56

The Bharat Battery Show 2025, part of the Bharat Mobility Global Expo, will feature over 200 global players showcasing cutting-edge battery and charging technologies in January 2025.

Pioneer Targets Indian Automakers for Future Growth

August 27, 2024 17:34

Pioneer, known for car audio and entertainment systems, plans to partner with Indian automakers to tap into the OEM market, aiming for significant growth. The company is in talks with various...

ZF Wind Power Reaches 50 GW Gearbox Milestone in India

August 27, 2024 16:49

ZF Wind Power has produced 50 GW of wind gearboxes at its Tamil Nadu plant, reaffirming its commitment to the Indian market. The company has invested Euro 230 million in the Coimbatore factory.

Fabrication Bazar Raises USD 3 Million for Expansion

August 27, 2024 16:44

Manufacturing tech startup Fabrication Bazar secures USD 3 million in funding led by Physis Capital to expand its platform, geographic presence, and team.

PM Modi to Visit Singapore Soon: Balakrishnan

August 27, 2024 16:14

Singapore's Foreign Minister Vivian Balakrishnan announced that Prime Minister Narendra Modi will soon visit Singapore following a high-level meeting between Indian and Singaporean ministers to...

Gala Precision Engineering IPO Opens Sep 2 at Rs 503-529/share

August 27, 2024 14:30

Gala Precision Engineering IPO to open on Sep 2; price band set at Rs 503-529/share. The IPO includes a fresh issue and an offer for sale by promoters.

AM Green Ammonia Reaches FID for Kakinada Green Ammonia Project

August 27, 2024 13:29

AM Green Ammonia has reached final investment decision (FID) for its 1 million tonne green ammonia project in Kakinada, Andhra Pradesh. The project will be located at an existing urea plant and is...

Bharat Biotech Launches Oral Cholera Vaccine Hillchol

August 27, 2024 13:19

Bharat Biotech has launched Hillchol, a novel single-strain oral cholera vaccine, addressing the global shortage of OCVs. The vaccine is manufactured in India and has been clinically proven to be...

Maruti Suzuki Faces Delay in New Plant Site, Focuses on Small Cars

August 27, 2024 12:55

Maruti Suzuki Chairman RC Bhargava discusses delays in finalizing a new plant site, reiterates the company's commitment to small cars, and outlines its EV roadmap.

Kothari Industrial Corp: Expansion Plans Across Segments

August 27, 2024 10:40

Kothari Industrial Corporation announces aggressive expansion plans across footwear, fertilisers, food, drone technology, synthetic textiles and solar. Learn about their ambitious plans and...

PM Modi's Singapore Visit: Semiconductors, Aviation on Agenda

August 27, 2024 09:50

India's PM Modi to visit Singapore soon, with semiconductors and aviation added to ministerial roundtable agenda. Key areas of cooperation explored include digital, skill development, and...

Premier Energies IPO: Rs 846 Crore Raised from Anchor Investors

August 26, 2024 22:24

Premier Energies, a solar cell and module manufacturer, raised Rs 846 crore from anchor investors ahead of its Rs 2,830 crore IPO opening on August 27th.

India to Approve 12 New Industrial Cities: Boosting Manufacturing

August 26, 2024 21:35

India's cabinet is set to approve 12 new industrial cities, aimed at boosting domestic manufacturing and creating jobs. This follows the government's commitment to develop 'plug and play'...

UKG Appoints Jennifer Morgan as CEO, Nitin Chandel to Lead India

August 26, 2024 20:17

UKG names Jennifer Morgan as its new CEO, with Nitin Chandel heading the India operations. Morgan aims to expand UKG's presence in India and grow the workforce by a third in FY25.

Aurobindo, Glenmark, FDC Recall Drugs in US: USFDA

August 26, 2024 19:01

Aurobindo, Glenmark, and FDC are recalling drugs in the US due to manufacturing issues, according to the USFDA. The recalls include pain relief medication, Indomethacin capsules, and Timolol...

India's GDP Growth to Slow to 7.1% in June Quarter: SBI

August 26, 2024 18:45

SBI economists predict India's GDP growth to slow to 7.1% in the June quarter, citing softer manufacturing and lower government spending. They also see a space for monetary policy easing.

India-Singapore Enhance Cooperation in Emerging & Future Areas

August 26, 2024 17:05

India and Singapore commit to boosting collaboration in digitalization, skill development, sustainability, healthcare, advanced manufacturing, and connectivity.

Indian Companies: Opportunity in Nigerian Market - LFZ CEO

August 26, 2024 15:44

LFZ CEO Adesuwa Ladoja highlights the potential for Indian companies to develop products tailored for the Nigerian and broader African markets.

Cathay Cargo Eyes India Expansion, Seeks Freighter Plane Flexibility

August 26, 2024 13:17

Cathay Cargo seeks to expand its operations in India, aiming for greater flexibility in its freighter flights to cater to the country's growing export market. The company believes in India's...

Akums Drugs Q1 Profit Jumps to Rs 60 Cr | Revenue Up - Business News

August 26, 2024 12:37

Akums Drugs and Pharmaceuticals reported a consolidated net profit of Rs 60 crore for Q1 FY24, a significant turnaround from last year's loss. Total income also rose to Rs 1,026 crore.

Interarch Building Products Shares Debut with 44% Premium

August 26, 2024 10:52

Interarch Building Products shares listed on the BSE and NSE with over 44% premium against the issue price of Rs 900. The company's market valuation stood at Rs 2,031.80 crore.

Cathay Cargo Aims to Expand in India, Seeks 'Co-termination' Rights

August 26, 2024 10:28

Cathay Cargo seeks 'co-termination' rights for its freighter planes in India to expand its operations and capitalize on the country's growing economy and export potential.

Foxconn Aims for Women Leaders in Design, Tech in India

August 25, 2024 17:49

Foxconn, the iPhone maker, seeks to promote women employees to leadership roles in design and technology in India, aiming for greater diversity and inclusivity.

Infosys CEO: No Layoffs From GenAI, Strong Client Interest

August 25, 2024 15:00

Infosys CEO Salil Parekh discusses the impact of Generative AI on the company, highlighting strong client interest, no anticipated layoffs, and a focus on AI-first initiatives.

Candytoy Aims for Rs 450 Cr Turnover, Plans 10% Stake Divestment

August 25, 2024 13:46

Candytoy, a candy toy manufacturer, targets Rs 450 crore turnover by FY26 and plans to raise Rs 90 crore through a 10% stake divestment at a Rs 900 crore valuation.

USFDA Issues Warning Letter to Eugia Pharma for Manufacturing Lapses

August 25, 2024 13:25

USFDA has issued a warning letter to Eugia Pharma, a subsidiary of Aurobindo Pharma, for manufacturing lapses at its Hyderabad plant, citing data accuracy and process simulation issues.

Funskool Brings CATAN Board Game to India | MRF Group

August 24, 2024 20:19

Funskool India, backed by MRF Group, has secured rights from Asmodee to distribute the popular board game CATAN in India. The game will be made in India and will be available for purchase at Rs 3,499.

Jeyyam Global Foods IPO: Rs 80-82 cr Raise, Sep 2 Launch

August 24, 2024 20:15

Jeyyam Global Foods, a leading supplier of Bengal gram and fried gram, is launching an IPO on September 2 to raise Rs 80-82 crore for expansion plans.

Chevron Invests Rs 8,300 Crore in Karnataka Engineering Hub

August 24, 2024 18:37

Chevron to establish an Engineering and Innovation Centre of Excellence in Bengaluru, investing Rs 8,300 crore and creating 600 jobs by 2025.

Gold, Silver Jewellery Export Drawback Rates Cut: Impact on Industry

August 24, 2024 18:23

India's government has significantly reduced drawback rates on gold and silver jewellery exports following a cut in import duties. Learn about the impact on the gems and jewellery industry.

Mercedes-Benz India Faces Environmental Violations Allegations in Pune

August 24, 2024 18:15

MPCB alleges Mercedes-Benz India's Pune plant is not complying with environmental standards, leading to a review and forfeiture of a bank guarantee. The company claims to be ready to cooperate with...

Carraro India Files Rs 1,812-cr IPO: Key Details

August 24, 2024 16:15

Carraro India, a manufacturer of transmission systems for off-highway vehicles, files draft papers for its Rs 1,812-crore IPO. Learn about the company, its financials, and key clients.

Aeron Composite IPO: Price Band Fixed at Rs 121-125/share

August 24, 2024 15:58

Aeron Composite Ltd fixes IPO price band at Rs 121-125/share for Rs 56 crore issue. The IPO opens on August 28 and will conclude on August 30. The company manufactures FRP products.

Hero Motors Files Draft Papers for Rs 900 Crore IPO

August 24, 2024 15:38

Hero Motors Ltd, an auto-components firm, has filed draft papers with SEBI for a Rs 900 crore IPO, including a fresh issue and OFS by promoters. The IPO proceeds will be used for debt payment,...

Zydus Lifesciences Acquires Stake in Sterling Biotech

August 24, 2024 12:38

Zydus Lifesciences acquires 50% stake in Sterling Biotech from Perfect Day, creating a joint venture to manufacture animal-free protein products.

Adani Group Sells Ambuja Cements Stake for Rs 4,250 cr

August 23, 2024 19:59

Adani Group promoter offloads 2.8% stake in Ambuja Cements to GQG Partners and other investors for Rs 4,250 crore, reducing promoter holding to 48.1%.

Greenply JV with Samet to Generate Rs 800 Cr Turnover by FY26

August 23, 2024 19:07

Greenply, a leading plywood and laminates maker, expects its joint venture with Turkish firm Samet to generate Rs 750-800 crore turnover by FY26. The JV is manufacturing premium furniture hardware...

India-Africa Agri Collaboration: Huge Potential - BRICS Agri Council

August 23, 2024 18:54

BRICS Agri Council highlights the potential for India-Africa collaboration in agriculture, focusing on land utilization, agri inputs, and skill development for African youth.

Foxconn Invests Rs 1,200 Crore in Karnataka Unit

August 23, 2024 16:54

Foxconn infuses Rs 1,200 crore into its Karnataka unit, boosting its manufacturing presence and creating 40,000 jobs. The investment is part of a larger Rs 25,000 crore plan for a massive...

Bikaji Foods Acquires Ariba Foods for Frozen Food Expansion

August 23, 2024 16:17

Bikaji Foods International has acquired a majority stake in Ariba Foods, a Ujjain-based frozen food specialist, to enhance its frozen food production and market reach.

Fabrication Bazar Raises USD 3 Million in Funding

August 23, 2024 14:12

Fabrication Bazar, a manufacturing tech startup, secured USD 3 million in funding led by Physis Capital. The funds will be used to enhance its tech platform, expand geographically, and hire...

Goyal: Not Against E-commerce, But Wants Fair Play

August 22, 2024 21:28

Union Commerce Minister Piyush Goyal clarifies he is not against e-commerce but emphasizes the need for fair play and honest business practices from online platforms. He also warns against...

Godrej & Boyce Targets 50% Revenue Growth in Material Handling

August 22, 2024 21:14

Godrej & Boyce aims for 50% revenue growth in its material handling business over the next 2-3 years. The company is also investing in local manufacturing of lithium-ion batteries for forklifts,...

Adani to Sell 3% in Ambuja Cement for $500 Mn

August 22, 2024 20:28

Adani group promoters to sell 3% stake in Ambuja Cement for $500 mn as part of holdings adjustment. The move aims to maintain desired stake levels across the conglomerate and provide strategic...

India & US Explore Tech Exchange for Grid Upgrade

August 22, 2024 19:55

India and the US discussed tech exchanges to upgrade grid transmission, exploring policy consultations and financial support for modernization efforts.

Srivaru Motors Launches Electric Bike PRANA 2.0: Targets 10,000 Units

August 22, 2024 19:04

Srivaru Motors unveils the upgraded PRANA 2.0 electric motorcycle, aiming to sell 10,000 units in India and export to ASEAN countries. The bike boasts a range of up to 250 km on a single charge.

Gold Steady at Rs 74,150/10g, Silver Rises Rs 200 - News

August 22, 2024 18:33

Gold prices remained unchanged at Rs 74,150 per 10 grams for the second consecutive day in New Delhi, while silver prices rose by Rs 200 per kg. International gold and silver prices also witnessed...

Alkem MedTech Partners with Exactech for Knee & Hip Implants in India

August 22, 2024 16:43

Alkem MedTech, a subsidiary of Alkem Laboratories, has partnered with Exactech Inc. to manufacture and market knee and hip replacement implants in India.

Wipro Hydraulics Opens New Rs 250 Cr Manufacturing Facility in Jaipur

August 22, 2024 16:35

Wipro Hydraulics has inaugurated its sixth manufacturing facility in Jaipur, Rajasthan, with an investment of Rs 250 crore, creating 400 jobs. The facility will cater to domestic and international...

India Economic Growth Forecast: 6.5-7% in FY25 | FinMin Report

August 22, 2024 16:12

India's economic momentum remains strong despite monsoon fluctuations, with real GDP growth projected at 6.5-7% in FY25, according to a finance ministry report.

India-Africa Trade: Auto, Agri, Pharma, Logistics Hold Potential

August 22, 2024 14:52

India and Africa aim to double trade to USD 200 billion by 2030, with focus on auto, agriculture, pharma, and logistics sectors. Opportunities for investment, technology transfer, and capacity...

Premier Energies IPO Opens Aug 27: Rs 2,830 cr, Rs 427-450/share

August 22, 2024 13:11

Premier Energies Ltd announces its Rs 2,830 crore IPO, opening on August 27 with a price band of Rs 427-450 per share. The IPO includes a fresh issue and an offer-for-sale (OFS).

Dabur Invests Rs 400 Crore in TN, Sets Up First South India Plant

August 22, 2024 12:17

Dabur India to establish a Rs 400 crore manufacturing plant in Tamil Nadu's Villupuram district, marking its first foray into South India. The plant will create over 250 jobs and open up...

BC Jindal Group Invests USD 2.5 Billion in Renewable Energy

August 22, 2024 12:12

BC Jindal Group announces a USD 2.5 billion investment in renewable energy in India, establishing Jindal India Renewable Energy (JIRE) to generate 5 GW of power from solar, wind, and hybrid sources.

Ola Electric Aims for Profitability, Scraps Electric Car Plans

August 22, 2024 10:55

Ola Electric CEO Bhavish Aggarwal outlines a path to profitability for the company, focusing on higher volumes, vertical integration and in-house cell production. Electric car plans are shelved.

Cyient DLM Promoter Sells 14.5% Stake for Rs 879 Cr

August 21, 2024 22:20

Cyient Ltd, promoter of Cyient DLM, sold a 14.5% stake in the company for Rs 879 crore through open market transactions. HDFC MF, Citigroup Global Markets, and Morgan Stanley were among the buyers.

Surat Textile Exporter Invests USD 100 Mn in Semiconductor Plant

August 21, 2024 19:41

Surat-based textile exporter, Suchi Industries, is investing USD 100 million in a semiconductor assembly and testing unit in Gujarat, aiming to address the chip shortage and create a skilled...

Interarch Building Products IPO Over-Subscribed 93 Times

August 21, 2024 18:44

Interarch Building Products IPO received a massive 93.46 times subscription, with strong demand from QIBs, Non-Institutional Investors, and Retail Investors. The IPO raised Rs 600 crore, with...

Hiring Boom: 72% of Employers to Hire Freshers in 2024 H2

August 21, 2024 17:55

A new report reveals 72% of employers plan to hire freshers in the second half of 2024, showing a positive job market outlook. E-commerce, tech, engineering & retail are leading hiring sectors.

GE Power India MD Prashant Jain Resigns

August 21, 2024 16:21

GE Power India MD Prashant Jain has resigned, with Puneet Bhatla appointed as his successor. Learn more about the changes in leadership and GE Power India's operations.

Company Name
Price
Volume

Rama Steel Tubes
14.20 ( -4.95)
11625851

Vodafone Idea L
13.54 (+ 2.58)
7993205

Sunshine Capital
2.66 ( -5.00)
6069806

GACM Technologies
1.54 (+ 2.67)
5109547

GTL Infrastructure
2.44 (+ 2.52)
4319065

SecUR Credentials & MD Banned by Sebi for Fund...

Sebi confirms a ban on SecUR Credentials and its MD Rahul Belwalkar from the securities...

Exim Bank Partners with Nedbank for Trade...

Exim Bank India has partnered with Nedbank in South Africa to support trade...

Auréa Acquires The Body Shop: Revival Plans &...

Auréa completes acquisition of The Body Shop, aiming to revitalize the brand and...

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