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CG Power seeks approval for $791 mn semiconductor facility in India
The company relayed this information through a statement to the stock exchange, indicating the submission of the application to the Ministry of Electronics and Information Technology.Read more
Probe initiated: Electric 2W makers face scrutiny for alleged FAME-II norm violations
The findings of the investigation are anticipated within a month, and corrective actions will be taken accordingly, potentially involving individuals and system improvements.Read more
Minister assigns top priority to critical projects of the Northeast by Jan, 2024
Sarbananda Sonowal chaired a meeting of the Ministry of Ports, Shipping & Waterways (MoPSW) and Ministry of Ayush (MoA) to review the ongoing projects of both the ministries in the Northeast region.Read more
Zen Technologies targets Rs 900 cr revenue by FY2025, reports strong order book, export wins
Ashok Atluri, the Chairman and Managing Director of this defence solutions provider, shared insights regarding the company's robust order book and its strategic trajectory.Read more
Induction furnace owners seek GST protection amid complex SC challenges
Represented by the All India Induction Furnaces Association (AIIFA), the owners highlighted that locally sold scrap often lacks the necessary GST framework requirements or compliance, making it challenging to claim input tax credits.Read more
India plans sector-specific revisions to boost utilisation of $24 bn industrial incentives
Proposed modifications are targeted at the textiles, pharmaceuticals, drones, solar, and food processing industries, constituting nearly one-third of the PLI scheme.Read more
Continental Leads DIAZI Project and Turns Production Plants into Digital Factories
Continental leads consortium of eight partners from industry and research for fully digitalised production environment enables planning and simulation of new production lines.Read more
India develops indigenous long-range air defence system to counter threats
The system, known as the indigenous long-range surface-to-air missile (LR-SAM), is being developed under the ambitious 'Project Kusha' by the DRDO.Read more
Amazon surpasses 1.1 GW RE Milestone in India with New Wind Farm
Amazon has unveiled plans for a new 198-megawatt (MW) wind farm in Osmanabad, Maharashtra, India, marking its 50th renewable energy project in the country and pushing its total renewable energy capacity past 1.1 gigawatts (GW).Read more
MeitY considers independent PLI for electronics components manufacturing
It is anticipated that the ministry will engage in discussions regarding this proposal with the Ministry of Commerce and Industry, as well as NITI Aayog, to explore the potential and framework of the scheme.Read more
