LiveFoxconn to Begin iPhone 15 Production in Tamil Nadu for Apple
Foxconn Technology Group’s plant in Sriperumbudur is set to manufacture Apple Inc’s next-generation iPhone 15 to further bridge the gap between its Indian operations and...
Category : BUSINESS
Government Exploring PLI Program for Train-Part Manufacturers
According to reports, the government is looking for a production-linked incentives (PLI) program for train component makers to attract foreign manufacturers and reduce import dependency....
Eicher and Volvo JV Finalise Pact with Amazon to Supply 1,000 Electric Trucks
E-commerce giant Amazon has inked a deal with VE Commercial Vehicles Ltd, a joint venture between Eicher Motors and Volvo Group, to buy 1,000 electric...
Hatsun Agro Explore Overseas Market to Boost Ice Cream Business
Dairy and dairy products maker Hatsun Agro Products who have a variety of products under its portfolio, including Arokya, chocolates, cakes, and ‘Ibaco’, its ice-cream...
Suzuki to Acquire a Bigger Stake in Maruti
India’s top automaker by sales Maruti Suzuki announced on 8 August that it would pay Suzuki Motors in preference shares to take over a local...
Adani Ports Q1 Report; Net Profit Jumps 83%
Adani Ports and Special Economic Zone on 8 August posted its result for the April-June quarter of the current fiscal year. The company reported an...
EaseMyTrip Board Approves Raising Rs 149 Crore
On 7 August, The board of directors of travel agency company EaseMyTrip approved raising Rs 149 crore through a preferential issue of equity shares. The...
Adani Energy Solutions Gets a Financial Closure for its $1 Billion HVDC Project
On August 7, Adani Energy Solutions Limited (AESL) announced that it had achieved financial closure for its $1 billion HVDC (High Voltage Direct Current) Link...
Kalyan Jewellers on a Nationwide Expansion Drive; Opens 200th Outlet
Kalyan Jewellers has disclosed its expansion plans for August, which involve the inauguration of 11 new branches nationwide with the opening of its 200th outlet...
Karnataka Bank Q1 Report; Net Profit Skyrocketed by 224%
Karnataka Bank on Thursday reported a significant jump in net profit by 224% to Rs 371 crore for the June quarter of the current fiscal...