Page 87 - Shine Jacob/workspace/business Standard Web/video

Foxconn likely to set up EV manufacturing unit in India through Foxtron

Buzz is that the company may look at the Ford India unit near Chennai for its new facility; sources say group was already betting big in EV components through Bharat FIH

As politics shapes policy, India's private fuel retailers run on fumes

A quasi-administered price regime and the imposition of Universal Service Obligations are complicating their business plans

Exotic inflation: Price no worry for Indian collectors to get status pets

The prices are no deterrent for those eager to be 'different' or seeking exotic pets as status symbols

About 50% of Ford's Chennai employees agree to restart production: Official

Unions refute claim, say only 350-odd employees are heading back to shopfloor

Vedanta Ltd invites EoI to sell Sterlite Copper plant in Thoothukudi

Exploring options to ensure plant and assets are best utilised, says company

Private players seek govt intervention as fuel shortage rises in India

FIPI says companies are suffering a loss of Rs 20-25 a litre on diesel and Rs 14-18 a litre on petrol at present due to the non-revision of prices

Domestic toy makers see surge in sales after dip in Chinese imports

Sales rise for domestic players after India last year banned sale of toys that are not certified by Bureau of Indian Standards

Raw material price hike pinch India's textiles, apparel exports in 2022-23

According to Wazir Textile Index, almost all the top companies in the sector saw an increase in sales during the last financial year

PSA-Sical gets apex court relief in Royalty dispute with VOC Port

Supreme Court orders shipping ministry and Chidambaranar Port Trust to maintain status quo, restrains port authorities from taking any action against the firm

TN to gain Rs 4,000 cr by repurposing old coal units for clean energy

Four coal plants are approaching or have crossed the 25-year mark after which they have to mandatorily be retired. They have high per-unit running costs and depend on lengthy coal supply chains

India stares at fuel shortage with spike in under-recovery at OMCs

The under-recoveries suffered by OMCs are around Rs 20-25 a litre for diesel and Rs 14-18 a litre for petrol, said sources

STFC not considering increase in lending rates: Company vice-chairman

It will be 'nimble-footed' as a NBFC and not seek a banking license, says Umesh Revankar

Ashok Leyland arm Switch Mobility to raise $300 mn, unveils e-bus platform

Firm currently has orders for over 600 buses, is betting big on govt tenders and sees market for e-buses growing 10x in next 2-3 years

India's post-pandemic electricity generation growth outpaced peers

Like India, multiple lower middle income countries face power outages

'Captain' on sticky wicket: Bypoll defeat, gold scam queer Pinarayi's pitch

To Pinarayi, a victory in Thrikkakara would have come as public endorsement of his development initiatives, including controversial K-Rail project, which has witnessed widespread protest

Dhanlaxmi sees a subdued EGM; financial concerns, rights issue discussed

The EGM was called by a group of minority shareholders unhappy with the workings of the bank and its financials

Ford India lines up 'non-negotiable' severance package for workers

Warns early closure of unit, legal action against workers starting June 14

Stormy Dhanlaxmi EGM on cards today under a cloud of allegations and exits

The Dhanlaxmi Bank EGM has been called by a group of eleven minority shareholders unhappy with the working of the bank, and its financials

Tata Tech eyes acquisitions, 69% growth to nearly $800 mn by 2025

For the year ended March 2022, Tata Technologies revenue was seen at $473.5 million, along with an operating profit of $ 86.5 million and profit after tax of $58 million

Shriram Transport Finance secures $250 mn funding from US govt's DFC

The company will use the money as part of its social finance framework to create employment and to give loans to small businesses