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Intel may split chip design and manufacturing businesses due to loss
The company reported a net loss of $1.61 billion in the second quarter of 2024, leading to a 26% drop in its stock price—the worst single-day performance in over 50 years.Read more
Zetwerk and SMILE to unveil new IT hardware factories in India
Zetwerk has committed Rs 10 billion to enhance electronics system design and manufacturing (ESDM) capabilities in India.Read more
Magellan Aerospace and Aequs to start engine MRO business in India
Air travel demand in India has surged, making it one of the fastest-growing aviation markets in the world.Read more
Joel George appointed as Kinetic Green VP Sales of 3-wheeler business
Kinetic Green is a pioneering and established OEM in India’s E3W and E2W space. Read more
KPIL awarded Rs 29.95 billion orders for T&D, B&F & water business
The company is currently executing projects in over 30 countries and has a global footprint in more than 70 countries. Read more
Godrej Industries’ Chemicals Business to buy Unit II of Shree Vallabh Chemicals
Located at Kheda, Gujarat, the Shree Vallabh Ethoxylation unit II has a manufacturing capacity of 24,000 MTPA of finished products.Read more
TAITRA calls for adaptation to India's business ethos amid Foxconn controversy
The controversy arose following reports suggesting Foxconn's alleged reluctance to hire married women at its facility, which manufactures Apple iPhones in India. Read more
43% Indian MSMEs to increase digitalisation budget
Vi has launched an enhanced Digital Assessment Tool, both in English and Hindi as an extension of its dedicated MSME program.Read more
ABB drives energy efficiency in Indian industries with high-quality motors
ABB India's IEC low voltage motors are not just enhancing industrial processes, but are also leading the charge towards energy efficiency in Indian industries, writes Karthik Muthuveeran. 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