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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

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

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

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

Syngene's Biologics manufacturing facility in India operational from mid-year

The facility also includes two high-speed vial filling lines capable of producing up to one million vials per day ranging from one to 100ml fill volumesRead more

India's Smartphone exports to US reach $3.53 billion in Apr-Dec fiscal

The rise in exports have resulted in India becoming the third-largest smartphone exporter to the USRead more

Lenovo report shows 95% of Indian CIOs favor AI investment for 2024

According to the report, a staggering 95 per cent of Indian CIOs consider Al as critical for business success in 2024Read more

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