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Birla Carbon acquires Nanocyl, expands Energy Systems market presence
The acquisition expands Birla Carbon?s presence in market creating a leadership position in material critical to Lithium Ion battery performance along with other conductive applications.Read more
DPIIT introduces stricter guidelines for PLI Scheme in white goods sector
Under these updated regulations, selected companies must now provide a certificate from a registered cost accountant, confirming related party sales and determining the arm's length price, in order to avail the scheme's benefits.Read more
India's Telecom sector achieves milestone: PLI investments surpass Rs 2,419 cr
This investment has led to the employment of 17,753 individuals. In October 2022, the government selected 42 companies that pledged a total investment of Rs 4,115 crore.Read more
ALP Overseas acquires SoffSeal International Inc
The company boasts an extensive range of weatherstripping products tailored for Chevrolet, Pontiac, Oldsmobile, Buick, Cadillac, GMC, Mopar, and Ford vehicles spanning from the 1920s to the early 2000s.Read more
Schaeffler announces merger with Vitesco, accelerating EV market presence
Both Schaeffler and Vitesco possess similar e-mobility technology portfolios. While Vitesco primarily deals in combustion-engine components, it has recently secured significant orders for its electric-drive division.Read more
Kirloskar Ferrous Industries acquire Oliver Engineering for Rs 110 cr
Last year, KFIL acquired a majority stake in Indian Seamless Metal Tubes (ISMT) for Rs 476.63 crore, solidifying its position in the market.Read more
Vedanta accelerates steel asset sale, focuses on core mining in restructuring move
Recently, Vedanta announced plans to restructure its operations, creating separate commodity-focused entities to strengthen its financial position.Read more
M&M accelerates global expansion with new vehicles, electric portfolio
M&M's focus lies on the international market, where it intends to introduce its latest products like the XUV700 and Scorpio-N, alongside a new range of electric vehicles.Read more
CEAT becomes the 1st in tyre industry across the world to win the Deming Grand Prize
CEAT, country’s leading tyre manufacturer recently won illustrious honour, The Deming Grand Prize. Manohar Sethpalani, Vice President QBM of the company in this conversation with Ayushi Khandelwal shares the significant steps and factors leading to the high quality standards of CEAT products. Read more
G20 commits to boost MSME Sector: Eased regulations, access to capital
The New Delhi Declaration, adopted recently, recognises startups and Micro, Small, and Medium Enterprises (MSMEs) as natural drivers of growth, essential for driving innovation and employment.Read more