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Government considers legal action against three firms for FAME subsidy recovery

The move comes after the ministry of heavy industries failed to recover the disputed amount from these companies even after multiple attemptsRead more

BHEL secures 1,600 MW thermal project contract from NTPC

The plant will be set up adjacent to the existing 2,000 MW thermal power station (TPS) at Singrauli in Sonbhadra district of Uttar Pradesh, BHEL said in a statementRead more

India's exports may hit $ 450B in 2024 amidst Red Sea mishap, says Ashwani Kumar

The main drivers of merchandise export growth in February include engineering goods, electronic goods, organic and inorganic chemicals, drugs and pharmaceuticals, and petroleum productsRead more

RRP Electronics to establish first semiconductor plant in Maharashtra

RRP Electronics will fast-track the work on the project and commence the Outsourced Semiconductor Assembly and Testing (OSAT) with adequate support of technology partnersRead more

Samvardhana Motherson subsidiary MSSL Mideast to buy Yachiyo India Manufacturing

As per the regulatory filing, this acquisition is part of a deal between Samvardhana Motherson and Honda Motor Co LimitedRead more

Government’s E-vehicle Policy and its impact on Indian markets

The scheme will promote E-vehicle with the latest technology to be manufactured in India, making India a manufacturing hub of E-vehicleRead more

Mitsubishi and 7 international firms unite to back global e-NG Coalition

e-NG is a synthetic gas produced by the combination of renewable hydrogen and recycled CO2 through methanationRead more

Ansys and IIT Hyderabad's iTIC Incubator partner to boost Deep-Tech growth

The parties have signed a memorandum of understanding (MOU) to support iTIC Incubator affiliated startup companiesRead more

Morgan Stanley says India unlikely to match China's 8-10% growth

Government officials have said the economy will likely grow 7 per cent in the fiscal year that begins in April, after an expected expansion of 7.6 per cent this financial yearRead more

Hanif Qureshi proposes scheme to boost EV adoption, manufacturing in India

On 13 March, 2024 Prime Minister Narendra Modi government unveiled the Electric Mobility promotion Scheme (EMPS) 2024, with a focus to encourage the purchase of electric two-wheelers (e2W) and three-wheelers (e3W) in the countryRead more

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