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Vedanta Extends Demerger Deadline to March 2026 Amid Pending Approvals

The demerger will allow Vedanta’s various business verticals to operate as independent entities.Read more

BN Group to build India’s largest oleo chemical plant; eyes Rs 250 bn revenue

Through its subsidiary, Epitome Industries India Limited, the company is setting up a state-of-the-art manufacturing plant near Kandla Port, Gujarat, with an investment of Rs 12 billion – which will be one of the largest planned investments in India’s specialty chemical sector.Read more

Can the new RDI scheme be a game-changer for R&D in India?

India spends just 0.64 per cent of its GDP on R&D (compared to global average of above 2 per cent). The new Research Development and Innovation (RDI) scheme, with a corpus of Rs 1 trillion, can change this equation, says Rakesh Rao.Read more

Let’s decarbonise: A turning point for mining in Asia

Sustainability uncertainties in mining are well known. Encouragingly, mining is already undergoing a notable transformation—one that brings with it great potential to build a more resilient and sustainable future, says Kapil Agarwal and Dharamdev Rajwar.Read more

SAIL partners ABB India to drive digital transformation in steel manufacturing

Two companies will explore developments for Rourkela Steel Plant to improve productivity and efficiency of operations. Data-driven models will be used to assess opportunities for optimising ironmaking and steelmaking in line with sustainability improvements.Read more

Minda Corp appoints Ajay Agarwal as President – Finance & Strategy

In his new role, Agarwal will be formulating strategies and developing organisation structure to facilitate growth.Read more

Shyam Metalics forays into wagon manufacturing with new Kharagpur plant

In phase 1, the new Kharagpur manufacturing facility will have a production capacity of 2,400 wagons per annum, while phase II will double the output to 4,800 wagons annually.Read more

Manoj Kumar Agarwal appointed as Director – Finance & CFO at Exide Industries

Agarwal joined Exide on February 2, 2023 as Deputy CFO. Since then, he has provided leadership and supervision across key functions such as Finance, Accounts, Audit, Treasury, Taxation, Information Technology (IT) and Procurement. Read more

Will revised MSME classification solve their funding puzzle?

Only 14 per cent of credit needs of Micro, Small and Medium Enterprises (MSMEs) - the backbone of India's economy - are met through formal channels. The revised MSME classification may mark a pivotal shift in how India supports and enables its small business ecosystem, says Rakesh RaoRead more

Will the US tariff war add to MSMEs’ funding woes?

While Micro, Small and Medium Enterprises (MSMEs) continue to face barriers in accessing funds (due to high collateral norms, lack of credit history, slow approvals, etc), the new tariff war could add to their financial woes, says Rakesh Rao.Read more

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