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Welspun Specialty receives Rs 1.17 billion order from BHEL
The company will supply seamless stainless steel boiler tubes to NTPC Talcher thermal power project.Read more
Critical EV components to be localised by 2030
Achieving 100% localisation in India is not feasible due to the scarcity of certain rare earth materials, limited lithium-ion mining, and low levels of electronics manufacturing.Read more
India to receive critical mineral access with Australian FTA; lower emissions
Like Australia, India has signed a trade pact with the four-nation European Free Trade Association (EFTA) and Norway is a key member of that grouping.Read more
Waaree Energies to secures contract for 900 MW modules for solar power plant
The project located in Jaisalmer, Rajasthan is secured from Serentica Renewables India. Read more
CDSCO shuts down 36% of drug manufacturing units for failing quality standards
India has around 10,000 pharma manufacturing units, of which nearly 80 per cent are micro-small and medium-scale facilities. Read more
Indian pharmaceutical industry to expand by 9%; surpass $70 billion by FY27
Between FY13 and FY18, Indian pharma companies faced severe regulatory challenges that adversely impacted their operations and ability to launch new products in regulated markets. Read more
Subhot’s advanced heating technologies for electronics
Advanced heating solutions are now at the forefront of increasing productivity, raising quality, and cutting costs.Read more
GMDC and GUVNL to boost Gujarat’s energy security amidst growing power demand
The State of Gujarat has been witnessing a huge surge in the power demand which has been growing at a CAGR of more than 6 % since last 5 years. Read more
Increased scrutiny by US FDA: A boon or bane Indian pharmaceutical sector
Even with the surge in USFDA-approved manufacturing sites in India, the proportion of Official Action Initiated (OAI) observations by the USFDA has stayed consistent at 10% of total inspections in CY23. Read more
Tax deducted at source implications on year-end provisions
TDS is required to be deducted at the time of payment or credit in books to the account of the recipient, whichever is earlier.Read more