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Hyperloop One shuts down amid contract failures and asset liquidation
Headquartered in Los Angeles, the company, known for achieving the world's first passenger ride on a super high-speed levitating pod system in 2020, will liquidate its remaining assets.Read more
Ford's U-Turn: Retains Tamil Nadu plant amidst JSW Deal
This decision comes after finalising a deal with the JSW Group led by Sajjan Jindal, sparking speculation that Ford may be contemplating a re-entry into the world's third-largest auto market.Read more
India's 2023 exports decline 5.3%, electronics shines amid challenges
According to the Global Trade Research Initiative (GTRI), India's merchandise exports are projected to decrease to $429 billion in 2023 from $453 billion in 2022, representing a 5.3% fall.Read more
India seeks to justify RoDTEP reimbursements amid US countervailing duties
This initiative follows the recent imposition by Washington of countervailing or anti-subsidy duties on certain Indian products in response to the RoDTEP scheme implemented for outgoing shipments in January 2021.Read more
Sterling, Wilson Renewable Energy successfully raises Rs 1500 cr in QIP for Solar Expansion
The majority of the funds raised through the QIP will be utilised to reduce debt, providing additional capital to tap into the rapidly expanding solar Engineering, Procurement, and Construction (EPC) markets in India and internationally.Read more
LTTS and bp sign multi-year engineering services partnership
The relationship will leverage over 2 decades of LTTS’ experience in engineering, manufacturing services, digital and enterprise data management and address some of the most significant challenges for bp globally.Read more
India reviews 13-year trade pact with ASEAN amidst surge in imports
The surge in imports primarily originated from countries such as Singapore, Thailand, Indonesia, Malaysia, Vietnam, and the Philippines.Read more
India, EU navigate WTO dispute on ICT duties amid FTA negotiations
The EU has requested duty concessions from India on these goods, citing violations of global trade norms. However, India asserts that such concessions can only be discussed within the context of the free trade agreement (FTA).Read more
Dormer Pramet introduces Metal Cutting Tool Lineup for Indian Manufacturers
The unveiling includes an extensive range of cutting-edge milling, turning, drilling, and tapping tool holders, along with various collets and accessories.Read more
India navigates green steel transition amidst European scrutiny
This move is anticipated to impact Indian steel exporters, particularly those reliant on environmentally damaging coking coal for furnace operation.Read more
