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IITs achieve robust placements despite job market challenges

IIT students have received pre-placement offers (PPOs), guaranteeing job placements for those who accept them. These offers have been extended before the official start of final placements.Read more

Induction furnace owners seek GST protection amid complex SC challenges

Represented by the All India Induction Furnaces Association (AIIFA), the owners highlighted that locally sold scrap often lacks the necessary GST framework requirements or compliance, making it challenging to claim input tax credits.Read more

India's SMEs: Navigating digitalisation and sustainability challenges

A study grounded in nationwide survey encompassing over 600 Small and Medium Enterprises (SMEs) across 14 cities sheds light on the evolving landscape of digital transformation and sustainability practices within these SMEs.Read more

India emerges as key global supply chain player despite challenges: BofA report

India's potential as a manufacturing powerhouse and export hub is hindered primarily by high logistics costs and a significant infrastructure gap, states the report.Read more

Israel-based Tower Semiconductor revives plans for Indian Chip Plant

This development follows Intel's cancellation of its $5.4 billion acquisition plan for Tower Semiconductor in August due to regulatory challenges.Read more

Siemens plans major urban transport hub in India following Indian Railways contract

This strategic move is fuelled by Siemens' recent milestone contract with Indian Railways, valued at Rs 26,000 crore (approximately $3 billion).Read more

Tata Steel navigates short-term gas transition, aims to reduce carbon emission

The company is working on initiatives such as carbon capture and utilisation, hydrogen-based steelmaking, increased use of renewable energy, and incorporating more scrap in steel production.Read more

India's E-scooter startups struggle amidst localisation challenges

A significant setback has emerged as several of these startups face criticism for importing parts from China instead of sourcing locally.Read more

Indian exporters brace for challenges due to Israel-Hamas conflict

International trade specialists have indicated that this conflict might reduce the profits of Indian exporters temporarily, though trade volumes are unlikely to be impacted unless the war escalates significantly.Read more

Indian Railways struggles with wheel supply, increasing reliance on Chinese imports

The domestic supplies from Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL) have not kept pace with the increasing requirements.Read more

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