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GOI identifies 300 laws for potential decriminalisation to boost business
The minister noted that the Production-Linked Incentive (PLI) schemes launched in 2020, with an outlay of Rs 1.97 trillion, have been a significant driver for 14 sectors, particularly electronics and pharmaceuticals.Read more
Jindal India to invest over Rs 15 billion to expand steel business
Production from the newly added capacity, focusing on coated flat products, pipes, and crash barriers, is scheduled to commence in FY25, with full completion expected by FY26. Read more
Engineers India gets Rs 46.81 billion business; Order book now Rs 113.5 billion
The core oil and gas sector remains the primary contributor to EIL's orders, although recent years have seen increased contributions from infrastructure and green energy segments.Read more
Anil Agarwal invites investors to setup businesses at Vedanta’s industrial parks
The company will need 1,500 acres of land for these projects, ideally within 50 kilometers of Vedanta’s key operations in Rajasthan and Odisha.Read more
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