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ACME Group to invest Rs 1.5 trn in green hydrogen over 7 yrs; seeks tie-ups

Plans come at a time when govt is likely to announce a green hydrogen purchase obligation for fertiliser and petroleum units, similar to renewable purchase obligation

ACME, Tata Power among 60 firms to sign MoUs worth Rs 1.25 trn with TN govt

Chief Minister M K Stalin also lays foundation stone for 21 projects with an investment commitment of Rs 22,252 crore and employment potential for about 17,654 persons

Ford India Unions call off month-long strike, return to discussion table

Company revises severance package to 121 days from 115 earlier

Finance Ministry hopes cess will not hit petroleum exports in FY23

The ministry imposed cess on petroleum products of Rs 6 a litre, Rs 13 per litre and Rs 6 on petrol, diesel and ATF exports, respectively, to improve domestic fuel supply and garner additional revenue

Fuel exports rise in FY23; refiners stay healthy despite addl excise

Hike in excise duty on fuel was imposed after private refiners made a killing exporting the dirt cheap Russian fuel available to them at elevated prices

Govt imposes windfall tax on oil producers, raises import duty on gold

To curb gold imports, govt hikes customs duty on the metal to 15% from 10.75%

Shriram Group well on course for merger of two firms via tech integration

Group chief digital officer says the conglomerate is working on one of the country's largest super apps by bringing the products of all associate concerns under one umbrella

Hybrid or WFO, rising coronavirus cases haven't disturbed India Inc

Alert to Covid situation, companies across sectors are continuing with existing work models for now

Murugappa Group posts 23% rise in net profit in FY22, manufacturing grows

Murugappa Group's turnover increased by 31 per cent to Rs 54,722 crore, as against Rs 41,706 crore in 2020-21

Domestic crude oil producers get marketing freedom, exports not allowed

According to a government statement, this move shall ensure marketing freedom for all exploration and production (E&P) operators

Delayed diagnosis, reluctance to take booster dose pushing severe cases up

Patients are turning up many days after onset of symptoms, say doctors

Zoho Corporation will not list as long as I am CEO, says Sridhar Vembu

This is simply to preserve our operational freedom and culture, said Vembu

Four dead in Pawan Hans helicopter mishap near ONGC's rig at Mumbai High

Three of the four dead were ONGC employees

7 out of 9 neighbouring nations charge less for petrol than India

An Indian would be able to buy 5.2 litres of petrol, which is more than Pakistan, Myanmar, Nepal and Afghanistan

Five years of GST: Rates for some goods still in need of fine-tuning

The ground report from Ambattur in Tamil Nadu shows GST is a mixed bag

TVS to bet on electric vehicles; to come up with 5-25-kW products

TVS Motor Company is coming up with multiple products in the two- and three-wheeler segments

The renewal of old rivalries in Tamil Nadu over 'single leadership' issue

This is not the first time that an AIADMK general council has been hit by controversy

Ecologist Madhav Gadgil backs protests against SC ruling on sensitive zones

Order calling for creation of one-km eco-sensitive zone (ESZ) around all forest land, wildlife sanctuaries and national parks termed 'unjust and impractical'

Filmmaker, producer Nikkhil Advani on why 'content is definitely king'

Drawn to real-life events, Advani tells Shine Jacob that the pandemic has made people more selective, so content will be the star of cinema

Ford India denies talks with Taiwan's Foxconn for selling Chennai unit

Automobile firm is finalising a severance package with 2,000 employees working at the factory