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India witnessed $29.6 billion in private equity investments
The investment distribution in 2023 saw a notable shift with traditional sectors such as manufacturing, healthcare, and energy, accounting for about 75 % of the total investments, up from around 60 % in 2022.Read more
Mahindra Auto reports a 17% growth in May 2024
The Mahindra Group enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume; a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.Read more
RHI Magnesita India reports 8% Y-o-Y rise in Q4 FY 23-24 revenue
The total income of the company stands at Rs 37.92 billion; up 38% Y-o-Y.Read more
Jindal Aluminium produces 115,920 MT of aluminium extruded products in FY23-24
Operating three cutting-edge manufacturing plants located in Bengaluru, Dabaspet (Karnataka), and a newly acquired facility in Bhiwadi (Rajasthan), Jindal Aluminium boasts a total manufacturing capacity of 2.35 lakh tonnes per annum. Read more
UFlex Limited releases report for EPR reporting at PPRDC event
This standardisation would be critical for producers, importers, and brand owners to meet their individual and industry-wide EPR obligations.Read more
India's toy exports slip to $152.34 mn in FY23-24; GTRI report
Implemented from January 2021, the QCO mandates that all toys sold in India, whether domestically produced or imported, must comply with specific Indian Standards for safety.Read more
Robotics promises big productivity gains in auto industry: GlobalData
In a dynamic era of technological advancement, the automotive industry stands at the precipice of a revolution driven by robotics, as per GlobalData’s new research report, “Robotics in Automotive”.Read more
Dell cuts 6,000 Jobs globally in cost-cutting move
The company attributes this decision to a decline in computer sales over the past two yearsRead 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
Hexagon’s global survey reports 98% of manufacturers hindered by data issues
Major challenges with data availability and quality are impeding the roll-out of advanced technology such as digital twins, automation and AI in manufacturingRead more