Sitharaman said in Toronto as she invited Canadian businesses to invest in India for building long-term operations. NEW DELHI: India has emerged as a platform for global production, innovation, services and exports, FM Nirmala Sitharaman said in Toronto as she invited Canadian businesses to invest in India for building long-term operations and partnerships that will … Read more
Piyush Goyal suggested to Daikin to go beyond assembling compressors to also manufacture them in India OSAKA: Daikin Thursday said that it is lining up fresh investments of Rs 2,800 crore, of which around Rs 1,300 crore will go towards R&D for chillers and high capacity air conditioners that can also be used in data … Read more
Goyal has pitched India’s FTAs as an opportunity for investors to make use of and export to other countries. Commerce & industry minister Piyush Goyal Thursday said govt will focus on easing processes and faster clearances, wherever required, to boost FDI flows, while asserting that Indian economy has seen a robust expansion in first quarter, … Read more
Streaming changed how the world listens to music. (Representative image) MUMBAI: Gaana has partnered with social media and creator platform Fenix360 to build a more direct relationship between artists and their audiences by bringing content, community and commerce together within one ecosystem. At the centre of the integration will be a native scrolling social feed … Read more
Union Commerce and Industry Minister Piyush Goyal in conversation with ROHM Co. Ltd. President. OSAKA: From focusing on high-tech industries to weaning away entities with presence in China and southeast Asia and wooing small Japanese banks, beyond the Big 3, that have strong local relationships, govt is deploying every tool to get Japanese firms to … Read more
HDFC shares drop 2% over CEO uncertainty, legal woes MUMBAI: Shares of HDFC Bank fell 2% on Thursday, with analysts citing uncertainty over the appointment of its next CEO. The bank also faces legal action in the US over alleged violations of securities laws for not disclosing adverse information related to a bulk deposits case.HDFC … Read more
Creditors filed claims of Rs 22,006 crore against Subhash Chandra for the loans he backed. MUMBAI: With the National Company Law Tribunal this week clearing a repayment plan offering only Rs. 6.5 crore in a case concerning Zee Group’s Subhash Chandra’s personal guarantees for loans taken by his companies, HDFC Bank said it is exploring … Read more
Sudden movement in closing period triggers outcry online. MUMBAI: In the first monthly expiry of derivatives contracts on BSE after the introduction of Closing Auction Session, popularly known as CAS, sensex and Bankex, BSE’s banking index, witnessed wild swings, triggering social media outcry. The sharp movement in indices and some of their constituents also gave … Read more
Passenger vehicle sales stood at over 12.7 lakh units during the April-June quarter. NEW DELHI: India’s vehicle market showed a clear regional divide in the first quarter of FY27, with Maharashtra emerging as the country’s biggest market for passenger and commercial vehicles, while Uttar Pradesh led sales of two- and three-wheelers.According to data released by … Read more
The estimated cost of the Ahmedabad-Mumbai bullet train project has been raised. India’s first bullet train project has seen its cost escalate to nearly double of the original estimate in a span of nine years. Prime Minister Narendra Modi laid the foundation stone for the first high-speed rail project of Indian Railways in September 2017, … Read more