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HAL receives light combat helicopter order; boosting ‘Make in India’
The revenue from operations increased 18.36% YoY to Rs 147.88 billion during the quarter. Read more
EV import scheme can affect Hyundai’s business
This policy will enable foreign OEMs to set up manufacturing bases in India, and also enter the domestic sales market, which will also intensify competition in the industry.Read more
80% of Indian steel producers use ‘Made-in-India’ on products to boost global status
This rollout began on November 4, 2023, with major players like RINL, JSPL, and TATA Steel Ltd already covering 100% of their product ranges.Read more
Netweb unveils Made-in-India AMD servers from Faridabad manufacturing facility
The servers support up to 6TB memory, and are designed to harness the capabilities of latest 4th Gen AMD EPYC processors.Read more
Airbus Helicopters and Tata Group to helicopter assembly line in India
Airbus Helicopters has launched its H145 helicopter in collaboration with off and onshore helicopter services provider Heligo Charters.Read more
Super Screws and Mitsuchi Corporation to manufacture cold forged parts in India
The new venture will set up a manufacturing plant in India to produce and distribute high-quality cold forged parts, catering to both the Indian market and global exports. Read more
ASMI submachine gun from Hyderabad's Lokesh Machines Ltd. used for army service
The National Security Guard (NSG) and the Assam Rifles have received pilot lots of the ASMI and have expressed interest in further deployment, while the Border Security Force (BSF) has placed a pilot order for four guns.Read more
Increased scrutiny by US FDA: A boon or bane Indian pharmaceutical sector
Even with the surge in USFDA-approved manufacturing sites in India, the proportion of Official Action Initiated (OAI) observations by the USFDA has stayed consistent at 10% of total inspections in CY23. Read more
Tax deducted at source implications on year-end provisions
TDS is required to be deducted at the time of payment or credit in books to the account of the recipient, whichever is earlier.Read more
Socomec appoints Sankaran Subramanian- Deputy GM & Operational Marketing Manager
He will aid in executing sales strategies while working in conjunction with other regional teams to enhance business outcomes.Read more