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China warns Japan of retaliation over new chip restrictions
Toyota Motor Corporation has reportedly conveyed to Japanese officials that such a move from China could severely impact Japan's automotive industry, given the dependency on these minerals.Read more
Ramkrishna Forgings approves Rs 575 million aluminium forging project investment
Once operating at full capacity, the project is projected to generate an additional Rs 1.75 billion in annual revenue for the company.Read more
Gensol and Matrix emerge lowest bidders for biomass to green hydrogen project
The project valued at Rs 1.64 billion, scheduled for completion within 18 months, marks a significant milestone on aligning with the National Green Hydrogen Mission for biomass to green hydrogen generation.Read more
Sterlite Power acquires Khavda Phase-IV (7GW): Part C project
The Phase IV, Part C project includes the construction of various major integral components – 1) a 258 km, 765kV transmission corridor connecting South Olpad (GIS) S/s to Boisar-II (GIS) S/s., 2) construction of a 6000 MVA, 765/400/220kV GIS Substation at Boisar-II. 3)Read more
Chinese imports of umbrellas and musical instruments are hurting MSMEs; GTRI
The report details that China supplies 95.8% of India’s umbrellas and sun umbrellas, 91.9% of artificial flowers and human hair products, 59.7% of glassware, 54.3% of leather goods, and 52.5% of toys. Read more
Despite dip in value; UPI transaction volume hits record high in August
Unified Payment Interface (UPI) transactions reached a new peak in August, with a 3% increase in volume, totalling 14.96 billion transactions, up from 14.44 billion in July. This marks the highest transaction volume since UPI's launch in April 2016.Read more
Dabur & Jubilant Group eye 40% stake in Coca-Cola India's bottling arm HCCB
HCCB, which handles Coca-Cola's bottling operations in southern and western India, reported a 40% year-on-year revenue increase to Rs 128.4 billion in FY23, with net profits more than doubling to Rs 8.09 billion.Read more
India's global FDI share drops to 2.1% in 2023
Nearly 49.5% of FDI during October 2019–March 2024 went to Maharashtra and Gujarat, 30.3% to the Karnataka-Tamil Nadu-Andhra-Telangana region, and the remaining 17.8% to Delhi and Haryana.Read more
India’s multimodal transport event Prawaas 4.0 wraps with impactful engagement
This edition of Prawaas promoted an Inclusive Mobility Culture attracting over 6153 operators, 171 exhibitors, 106 speakers, 15 sessions and over 40,000 Expo footfall from 28 states and 8 Union Territories to the 3-day event.Read more
India to introduce repairability index for electronics to combat e-waste
The Consumer Affairs Ministry is spearheading the creation of this index, which will evaluate products based on several key criteria.Read more