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ebm-papst to set up a new plant near Chennai at Rs.340 cr.

The new plant is coming up near Chennai, Tamil Nadu. The new greenfield project is expected to involve an initial investment of outlay of  Rs....

Renault to buy out Nissan in Indian JV

"Renault Group would own 100% of Renault Nissan Automotive India Private Ltd. (RNAIPL)  by acquiring the 51% shareholding currently held by Nissan," a release...

98.21% of ₹ 2000 notes returns, says RBI

The Reserve Bank of India (RBI) has said that 98.21% of the ₹2000 banknotes in circulation as on May 19, 2023 has been returned. The...

Maruti Suzuki posts record sales in FY2025

The company sold a total of 2,234,266 units, including 1,795,259 units in domestic sales and 332,585 units in exports — both the highest figures in its history. In March 2025...

Tata chairman in IMF advisory council

He is among prominent individuals appointed by IMF Managing Director Kristalina Georgieva to serve on a new Advisory Council on Entrepreneurship and Growth. Council members...

Cabinet clears PLI for passive electronic kits

It is the first scheme that focuses on promoting the manufacturing of passive electronic components. The Union Minister said that the scheme would create...

We need clear view on EV adaption: T.R.B. Rajaa

Addressing the Future Powertrain Conclave, organised by Autocar Professional along with Guidance Tamil Nadu, he said, "we need a balanced approach keeping an eye...

YES brings cheers to TN with maiden shipment

"Today, we celebrate the shipment of India’s first-ever semiconductor equipment from Coimbatore, thanks to Yield Engineering Systems (YES) – a deal we struck during...

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HDFC MD Sashidhar Jagdishan not to seek another term

In its meeting held on Saturday, HDFC board of...

FM Sitharaman woos foreign investments

A key focus of the meeting was “Manufacture in...

Ather launches Konarc priced at Rs 99,999

Built on Ather’s new EL platform, Konarc will be...

Inflation running above target: Fed Chair

On the price-stability side of our mandate, the numbers...

Jio IPO gets SEBI nod

On 19 June, Jio had filed for its Draft...