Page 61 - Shine Jacob

Welspun India to see over two-fold rise in domestic business by 2026

During the last financial year, the company's income dipped by around 12 per cent to Rs 8,215 crore from Rs 9,377 crore in 2021-22

UPI falls marginally in June to Rs 14.7 trn, with 9.33 transactions

Based on data from NPCI, compared to the same month last financial year, transaction volume rose by 59% and value by 45%

Apple's 'China Plus One' key driver of Tamil Nadu's electronic export boom

Tamil Nadu posted almost a two-fold increase in electronic exports from $1.86 billion in 2021-22 to $5.37 billion in 2022-23

US space tie-ups may open global mkt to Indian pvt sector, says industry

India becomes 27th country to join Artemis Accords, a US govt programme aim at sending the first woman and next man to the Moon, and expand space exploration to Mars and beyond

Chennai-based Kauvery Hospitals acquires Fortis Hospital in Vadapalani

With the acquisition of Vadapalani facility with over 200 beds, Kauvery would have over 750 beds in Chennai together with its existing facilities at Alwarpet and Radial Road

Truck operators raise heat over govt's air-conditioned cabin proposal

But commercial vehicle OEMs welcome the move, saying demand for AC trucks is already going up

Vedanta places Thoothukudi's 'restart ready' plans on the fast track

Thoothukudi plant is likely to resume ops if an SC verdict in August goes in the company's favour

The ECL model will not dent profits much: Karur Vysya Bank MD & CEO

We will test the waters, ferret out information through our business correspondents, and only then open a branch: B RAMESH BABU, Karur Vysya Bank MD & CEO

CNG vehicles gear up for a long ride with regulated prices, strong demand

With regulated prices and its designation as a 'clean fuel', this segment of the transport industry could accelerate

TPG will remain strong partner in insurance, new ventures: Shriram Fin head

In a Q&A, Umesh Revankar says no move by Piramal Group and TPG to sell stake in insurance biz for now

May textile exports dip over 12% as demand from Europe, US declines

Industry experts, however, foresee a reversal in the declining trend by July owing to moderating cotton prices and inflation in the West

Bharat Petroleum exercises RoFR to buy Videocon Oil's Brazil assets

Earlier, lenders had given conditional nod to sell 3 basins to Eneva, PetroRio

Tamil Nadu eyes $6 bn investment in EVs, 150,000 jobs in five years

This comes after the state attracted nearly Rs 24,000 crore in investments in this space, creating almost 48,000 jobs during the pandemic period

CAD may narrow to below 2% of GDP in FY24: CEA V Anantha Nageswaran

India 'well covered', equipped to tackle El Niño impact: CEA

Ignition of change in electric vehicle battery ecosystem in India

Manufacturers are gradually emerging in a business dominated by assembly operations

Renault India achieves 1 mn production milestone, targets 2-mn mark by 2030

French automaker's alliance with Renault SA plans to invest Rs 5,300 cr in India

PE funds investment in warehousing saw 45% rise in 2022, shows data

This comes when total leasing of warehousing space in India increased from 51.3 million square feet in 2022-23, compared to 51.2 mn sq ft in 2021-22

Boom Motors renamed to Bharat New-Energy Company, launches inhouse battery

The company is also working on a portable fast charger that can plug into a standard three-pin 16A socket and charge the battery in two hours

Indo-German JV launches its first satellite on SpaceX Falcon 9 rocket

Azista BST aims to mass manufacture satellites in India for the global market

Vedanta's Sterlite Copper invites EoIs to 'restart' the Thoothukudi unit

The EoI for restart comes when the company is still awaiting the final judgement on the issue, and the court has only allowed it to do maintenance work