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Poly Medicure to use Rs 10 billion fundraise for capex and acquisitions

Expansion efforts are underway in areas such as cardiology, critical care, and renal diagnostics, focusing on manufacturing to broaden its market presence. Read more

Carborundum Universal acquires full stake in US-based Silicon Carbide Products

The transaction is expected to close by the end of October 2024. Read more

Baba Kalyani becomes 2nd Indian to receive U.S.I.B.C Global Leadership Award

Each year, USIBC recognises business champions from the U.S. and India who dedicate their work to advancing the bilaterial economic relationship and making significant contributions to catalysing growth in the U.S.-India commercial corridor. Read more

China outspends US, Taiwan, and South Korea in chipmaking push

China's chipmaking capacity is projected to more than double over the next five to seven years, primarily focusing on mature production processes (28nm or above), used in sectors like automotive and household appliances.Read more

Welspun approves $100 million investment to boost US pipe manufacturing

The upgrade is designed to expand Welspun Pipes' product offerings, allowing for the production of larger pipe sizes up to 24 inches in outside diameter and 0.750 inches in wall thickness.Read more

93% of big companies see AI equal to success, yet struggle with talent shortages

Diversity within AI teams also emerged as a concern, with 80% of respondents emphasising its importance. Read more

Indian Railways to use nuclear power for green energy push

IR will need 30,000 MW of renewable capacity by 2029-30 to achieve this goal.Read more

Rajnath Singh invites US defence companies to establish manufacturing units

He noted that ‘Partnership’ and ‘Joint Efforts’ are key elements that set India’s defence industry collaborations apart from those with other nations.Read more

India & US sign MoU to promote cooperation on Small & Medium Enterprises

It provides for the joint conduct of programmes for women entrepreneurs to empower them and facilitate trade partnerships between women-owned small businesses of the two countries.Read more

Honeywell’s tech to be used for 100,000 tons aviation fuel production for Jiutai

Inner Mongolia Jiutai Group will use eFining to convert its methanol-to-olefins (MTO) facility into a SAF production plant.Read more

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