Corporate

India cancels cargo trans-shipment facility for Bangladesh

The rescission takes immediate effect. However, cargo that has already entered the Indian territory under the provisions of the rescinded circular may continue its exit...

RBI cuts repo rate by 25 basis points

The decision was made during the first Monetary Policy Committee (MPC) meeting of the financial year 2025-26, held from April 7-9.  In a parallel move...

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....

Switch Mobility to shut down a UK plant

The facility makes electric buses. Switch Mobility has a presence across the U.K. and Europe.  "In the wake of continuing general economic uncertainty within the overall bus...

AP bus unit of Ashok Leyland goes on stream

The plant was inaugurated a few days ago by  Nara Lokesh,  Minister of Information Technology, Electronics and Communications and Human Resource Development, Government of Andhra...

Crompton Greaves In Logo Tangle

Asserting that the company "only uses the logo/house mark Crompton as part of its corporate identity and business," the company made it clear that...

Denmark King Honours Vijay Sankar

Vijay Sankar, Honorary Consul-General of Denmark for Southern India in Chennai and Chairman of Sanmar Group, has been honoured with ‘Knight’s Cross of the Order...

Hatsun Agro spreads its wing with 4000th store

HAP Daily Exclusive Stores offer a range of brands including Arun Icecreams, Arokya, Hatsun and Hanobar. These stores retail ice creams, fresh milk, curd, buttermilk, paneer,...

India Cements’ board clears sale of select arms

The board of ICL, which met on Tuesday, decided to sell its investments in several subsidiaries and other outfits. Just consider these: * The board...

Chai Kings Gets $3 million Funding From A.V.Thomas

Chai Kings said in a release that it would close FY 2025 with a revenue of Rs. 48 crore. "The company has plans to...

TAFE appoints Lakshmi Venu as Vice-Chairman

“Dr.Lakshmi has been a key member of our leadership team and a member of TAFE’s Board. In appreciation of her impactful contribution, the board is...

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India cancels cargo trans-shipment facility for Bangladesh

The rescission takes immediate effect. However, cargo that has already...

RBI cuts repo rate by 25 basis points

The decision was made during the first Monetary Policy...

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

The new plant is coming up near Chennai, Tamil...

Renault to buy out Nissan in Indian JV

"Renault Group would own 100% of Renault Nissan Automotive...

98.21% of ₹ 2000 notes returns, says RBI

The Reserve Bank of India (RBI) has said that...