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Cyient acquires 27% stake in Azimuth AI to boost semiconductor capabilities
Cyient emphasised that this investment reflects its commitment to driving innovation in the semiconductor industry. Read more
Roads & Highways Builders book RAHSTA Expo
India’s Largest Road Construction Expo has attracted exhibitors from all over India and has been sold out in Mumbai for Oct 9-10 at Jio World Convention CentreRead more
GOI identifies 300 laws for potential decriminalisation to boost business
The minister noted that the Production-Linked Incentive (PLI) schemes launched in 2020, with an outlay of Rs 1.97 trillion, have been a significant driver for 14 sectors, particularly electronics and pharmaceuticals.Read more
India may miss net-zero emission goal by a decade without green hydrogen boost
Despite growing interest in renewables, traditional oil and gas companies have delivered 8.3% higher capital returns compared to their green energy counterparts over the past five years, according to S&P Global Commodity Insights.Read more
GOI introduces new EV charging guidelines to boost electric vehicle growth
The implementation of these guidelines is expected to stimulate public-private partnerships, involving state agencies, power utilities, and private stakeholders, ensuring a coordinated approach to expanding the EV charging network.Read more
Indian Railways and Wabtec partner to boost global locomotive exports
The plant in Bihar will produce locomotives specifically for international clients.Read more
Daikin invests Rs 14 billion in Indian unit to boost production
Daikin plans to use the funds to expand its manufacturing capacity and increase component production, particularly compressors, with the goal of raising localisation from 75% to nearly 90%.Read more
Iveco Bus and ZF partner to boost next-gen e-mobility solutions
The partnership will enhance Iveco Bus’s electrification strategy by developing new zero-emission architecture for its upcoming vehicle range.Read more
Gadkari suggests vehicle scrapping to boost auto sales by 18-20%
Currently, India has 63 scrapping centers and 78 fitness centers, with plans for more.Read more
Engineers India gets Rs 46.81 billion business; Order book now Rs 113.5 billion
The core oil and gas sector remains the primary contributor to EIL's orders, although recent years have seen increased contributions from infrastructure and green energy segments.Read more