Tamil Nadu govt signs pacts with US firms for over Rs 2,600 cr investment in state
The Tamil Nadu government on Tuesday said it has signed investment pacts worth over Rs 2,600 crore with American companies during the ongoing US visit of state Chief Minister M K Stalin. MoUs were signed with Jabil, a leading provider of electronics manufacturing service and Rockwell Automation for investment and expansion...
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PM Modi asks automakers to bring global best practices to India, focus on clean mobility
10 September 2024 | PTI -
Auto industry breaks Rs 20 lakh crore barrier in FY24, contributes high to GST revenue
10 September 2024 | PTI -
830 exhibitors expected at global electronics showcase
10 September 2024 | PTI -
Agrochemical exports may touch Rs 80,000 crore in four years: Report
10 September 2024 | PTI -
Life insurance premium surges by 22 per cent
10 September 2024 | PTI -
FPI disclosure deadline approaches amid legal tussle with SEBI
10 September 2024 | PTI -
Rupee slips one paisa against US $
10 September 2024 | PTI
Strong gains in FMCG, banking drive Sensex 376 points higher
Benchmark Sensex bounced back from early lows and closed higher by nearly 376 points on Monday, snapping its four-day losing run following a rally in blue-chips ICICI Bank, HUL and HDFC Bank. The 30-share BSE Sensex rebounded 375.61 points or 0.46 per cent to settle at 81,559.54. The index opened lower and...
EVs can maintain cost without subsidies but won't oppose incentives: Nitin Gadkari
With falling lithium-ion battery prices, electric vehicles can now maintain cost without subsidies but it is for the finance and heavy industries ministries to decide if incentives need to be given to electric vehicles, Union Minister Nitin Gadkari said on Monday. Speaking at the annual session of Automotive Components Manufacturers Association...
Adani Green redeems USD 750 mn bonds
Adani Green Energy Ltd (AGEL), the renewable energy arm of the ports-to power conglomerate run by billionaire Gautam Adani, on Monday said it has redeemed USD 750 million worth of bonds as it deleverages business. In a statement, the firm said it has completed "redemption of all outstanding USD 750 million...
DICGC introduces Daava Soochak for depositors
The Deposit Insurance and Credit Guarantee Corporation (DICGC) has launched an online tool Daava Soochak for depositors to track their claim status. The DICGC’s mandate since its inception has been the reimbursement of insured amounts to depositors of failed banks. Daava Soochak, a user-friendly online tool, is part of DICGC’s ongoing...
App-centric Gen Z reshaping consumer landscape
The digitally-native, app-first Gen Z cohort is assuming the centre stage in India’s consumer markets by scripting “big shifts” in consumption trends, including the rise of quick commerce delivery and direct-to-consumer brands, according to a report by Bernstein. Brands are seeking a deeper connection with this digitally-native, app-first generation that ‘swipes...
Gujarat targets 48 MW solar rooftops on govt buildings
Solar rooftop systems of 48 MW will be installed on various government buildings in Gujarat in the current financial year for which Rs 177 crore have been allocated, the state government said on Sunday. To tap into Gujarat’s solar energy potential, the state Climate Change Department is actively installing such systems...
Glenmark forecasts strong growth for domestic formulations
The drug formulations market in India is expected to grow at a CAGR of 9-10 per cent over the next decade with Jan Aushadhi outlets anticipated to emerge as a much stronger player in the country, according to Glenmark Pharmaceuticals. The domestic formulations market is estimated to be at Rs 2...
