Tata Motors Is Ready For Expansion With Acquisition Of Ford’s Gujarat Plant
Tata Motors agrees to acquire the Ford Motors Co. plant based in Gujarat. According to Tata Motors’ statement, the Indian automaker will pay 7.26 billion rupees ($92 million) for the deal, which includes land, building, and a vehicle manufacturing plant in Sanand, Gujarat and its machinery and equipment. “With our manufacturing capacity nearing saturation, this…
Aman Goyal
Government To Push Drone Industry With Expansion Of PLI Scheme
According to recent reports, the government is planning to increase the quantum of the PLI (production-linked incentives) scheme for drones and their components. “The quantum of the current PLI scheme is enough to boost the industry for the next few years, however, by the third year, a higher quantum will be needed as the industry’s…
Fortune 500 List: LIC Got 98th Place, RIL Shifted To 104th
In the recent Fortune 500 list, LIC, Life Insurance Corporation, beat Reliance Industries. The nation’s biggest life insurance company, with $97.26 billion and a profit of $55.8 million, has got 98th place, while Reliance has shifted to 104th place from 51 on the 2022 list. This is the first time when LIC has made its…
Russia Is Cutting India’s Natural-gas Supply, What’s Next?Â
It is getting harder for India to source natural gas as Russia has slowed down the supply since the Ukraine invasion. Europe is drawing away much of the global natural gas supply to its shores. “Contrary to widespread alarmism over the adverse impact of the Russia-Ukraine war on global commodity prices, the importance of commodity…
Cabinet Approves A Revival Package Of Rs 1.64 Lakh Crore For BSNL
The government approved the merger of ailing telecom company BSNL (Bharat Sanchar Nigam Limited) with BBNL (Bharat Broadband Network Ltd) on Wednesday. As per telecom minister Ashwini Vaishnaw, the Union Cabinet sanctioned Rs 1.64 Lakh Crore as a revival package for BSNL. The package includes Rs 43, 964 Crore as a cash component and 1.2…
Biggest Dairy Brands In India Making Considerable Profits
The dairy industry in India is one of the fastest and largest growing industries of all. Not only does it produce milk or milk made products but also contribute to the country’s employment. Some popular dairy brands in India are providing considerable job opportunities and raising the economic level of the country. There are several dairy…
5G Spectrum Sees Record-breaking Sales Of 1.45 Lakh Cr. On First Day
The government saw record-breaking sales of 1.45 lakh crore on Tuesday, the first day of the 5G spectrum auction. This amount is much higher than sales in 2015 of 1.1 lakh crore. The highly desired high-speed network is expected to roll over in top cities in India from September-October. The auction for the 5G spectrum…
Alibaba Seek Primary Listing In Hong Kong, Adding To NYSE
Chinese eCommerce giant Alibaba said on Tuesday that it would apply for a primary listing in Hong Kong. According to the reports, the listing is expected to be completed by the end of the year, which will turn Alibaba into a dual primary listed company on the New York Exchange and the Hong Kong Stock…
Droupadi Murmu: First Indian President From Tribal Background
India has got its second woman President, Droupadi Murmu. the candidate of NDA, defeated opposition candidate Yashwant Sinha to win the Presidential election. Murmu registered a thumping win and got more than 64 per cent of valid votes. She will be the 15th President of India, succeeding Ram Nath Kovind. Murmu will be the first…
Updated List Of In-demand Graphics Design Company India
It is needless to say that whatever your business niche is, there is a sheer requirement for a well-established graphics design company India, that would enhance your company’s marketing and make the business more presentable. It’s essential to choose among the top Indian graphic design company. It is needless to say that graphic designing is…
