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Jindal Stainless BSE shares down by 2.89 % despite input in Navy’s SMART system
The company informed that the product could withstand high pressure and temperature during flight.Read more
JSW MG Aims 33% EV Passenger market share in 6 years
JSW Group will hold 35 per cent stake in the newly formed JSW MG Motor India with Indian financial institutions and domestic MG Motor dealers holding 8 per cent and 3 per cent besides employees owning 5 per centRead more
Tamil Nadu tops in number of factories, Gujarat excels in industrial output
The ASI report also points out that in FY22, 20 per cent of India’s factories, close to 50,000, were not operationalRead more
NTPC's USSC clinches top honor at 9th global procurement summit
The event organised by AIMA in collaboration with the World Bank, Ministry of Finance (MoF), and Ministry of Electronics and Information Technology (MoE&IT), witnessed fierce competition among 23 PSU and Non-PSU contestants.Read more
Siemens seeks 15% discount on Siemens shares from Siemens Energy
Siemens Energy is contemplating selling a significant portion of its 24% stake in Siemens Ltd to enhance liquidity, a move that has the preliminary approval of both companies.Read more
VECV targets new export markets and EVs in India, celebrating 15 years
Volvo Eicher Commercial Vehicles (VECV) plans to broaden its footprint in the domains of light and medium-duty as well as heavy-duty trucks and buses.Read more
India surpasses 1 mn EV sales in just 9 months, driven by growth factors
According to data from the Vahan Dashboard of the Ministry of Road Transport and Highways, a total of 1,037,011 EVs were registered with regional transport offices by September 19, constituting 6.4% of the nation's total automobile sales for the year.Read more
Govt plans PLI Scheme updates, boosting sectors like pharma, drones, textiles
Additionally, the official disclosed that the disbursement of PLI incentives for white goods, including air conditioners and LED lights, is set to commence this month.Read more
Sterlite invests $56 million in US fiber facility, targets 10-12% market share
This facility will also serve as the company's North American headquarters, marking a significant milestone for Sterlite.Read more
SIDBI aims for 25% MSME lending share, plans equity boost and green fund
Established in 1990 through an Act of Parliament, SIDBI functions as a development financial institution (DFI) with the primary objectives of promoting, financing, and fostering the growth of the MSME sector.Read more
