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Jupiter Wagons shares surge 7% on acquisition of Log9's battery tech assets
The deal includes Log9’s engineering and production teams, as well as its manufacturing facility in Devanahalli, Bangalore.Read more
Price of natural rubber surges more than 33% amid strong demand and low supply
Domestic prices of natural rubber closed August at Rs 238 per kg on average, way above the trend in the past decade.Read more
India braces for EV surge with new model launches
Currently, EV adoption in India is around 2%, but the government aims for a 30% penetration in the passenger car segment by 2030.Read more
Indian tyre exports surge 17% in Q1 FY25; reach Rs 62.19 billion
In terms of export volumes, Passenger Car Radial (PCR) tyres led the category, followed by Motorcycle and Farm/Agri tyres in Q1 FY25. Read more
Indian pharma exports surge with 8.36% growth in July 2024
The Indian pharmaceutical industry is projected to grow to $65 billion by 2024 and to $130 billion by 2030. Read more
'Made in India' export surge draws major shipping lines to expand services
Global importers are increasingly seeking alternatives to China, with significant volumes of Indian exports including automobiles and polyethylene (PE) products. Read more
Public charging stations have surged ninefold in India
Within just two years, from February 2022 to March 2024, the number of public charging stations surged from 1800 to 16,347Read more
Texmaco Rail reports 183% surge in Q1 net profit to Rs 357.3 million
In a strategic move, Texmaco Rail announced plans to acquire Jindal Rail Infrastructure for approximately Rs 6.15 billion.Read more
Imports of medical device surged in India in fy23-34 to Rs 688.85 billion
This marks a 13% increase, with disposables accounting for nearly 17.6% of the growth.Read more
Global semiconductors battle deepens between EU & US; $81 billion subsidy surge
The surge in semiconductor spending stems from mounting concerns over China's rapid technological advancements, particularly in key electronic sectors. Read more