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Why MSMEs want a review of Section 43B(h)?
Section 43B(h) of Income Tax Act - mandating payment to micro and small enterprises (MSEs) within 45 days of supply - was welcomed when announced in Budget 2023-24. However, MSEs are now facing a peculiar problem of losing orders from large firms because of it. Rakesh Rao explores more on this issue and the road ahead.Read more
BASF increases production capacity of compounding plants in India
The centre houses state-of-the-art applications equipment in an approximately 2,000sq meter space.Read more
Why are robot makers opting for integrated control?
Automation suppliers have been offering solutions for machine-integrated robot control for many years. But, with the strong increase in the adoption of robots since 2021, demand for integrated control has surged, writes Samantha Mou. Read more
Google to manufacture drones in Tamil Nadu for exporting; Make in India
Alphabet’s subsidiary, Wing LLC, which specialises in drone delivery services, will be heading the manufacturing operations in Tamil Nadu.Read more
JLR Range Rover to be manufactured in India
This strategic move comes on the heels of a remarkable 160% surge in Range Rover sales in India for the current fiscal year.Read more
Green energy industry to create jobs in India
The Adani Group has an operational capacity of 10.93 GW and plans to add 6 GW in 2025 and 6-8 GW every year thereafter.Read more
Wheels India to spend Rs 2 billion on capex; current FY
revenues for the quarter remained relatively stable at Rs 11.67 billion, slightly lower than the Rs 11.72 billion recorded a year ago.Read more
BPE installs 19 500kVA UPS systems at Foxconn's iPhone manufacturing plant
Expanding its global reach, BPE has recently supplied UPS systems to Singapore Airport, 120KVA to Grasshopper Singapore, 20 units of 200kVA to Indonesia's Power System Department, and various universities in Malaysia.Read more
Epsilon Carbon awarded SA8000 certification for social accountability commitment
Epsilon Carbon is the first Indian carbon black manufacturer to be awarded the SA8000 certification.Read more
Zoho plans $700 million foray into chip manufacturing; compound semiconductors
Semiconductors occupy a pivotal position in India's economic agenda, with the government implementing a $10 billion package to fortify the industry's capabilities, positioning the nation to rival established players like Taiwan in the coming years.Read more