In a fillip to the ‘Make in India’ initiative and strengthening self-reliance in defence manufacturing, Hindustan Aeronautics Ltd (HAL) has received a request for proposal (RFP) by the Ministry of Defence for procurement of 156 light combat helicopters (LCH). ...
The expected entry of China's BYD Auto into the South Korean consumer electric vehicle (EV) market this year will likely intensify competition within the low-cost segment of the market, which globally has seen a stagnation in growth as of late due to the so-called EV adoption chasm, according to industry watchers on Tuesday....
Riding on supportive policy interventions, investment in India’s key infrastructure sectors — renewable energy and roads – and real estate are likely to grow 38 per cent in the fiscals 2025 and 2026, compared with the previous two fiscals, to Rs 15 lakh crore, a report showed on Tuesday. ...
The export of spices and its products reached an all-time high in FY 2023-24 at a record $4.46 billion making India a key player in the global trade. ...
A surge in housing supply resulted in a nearly 50 per cent drop in rental price growth in top cities in the second quarter this year (to date) -- registering a 2-4 per cent quarterly rise which is down from 4-9 per cent in the first quarter this year, a report showed on Tuesday. ...
Hospitality major Oyo is reportedly raising $100-$125 million in fresh funding at a market valuation of $2.5 billion. ...
Shares of Hyundai Motor, South Korea's leading carmaker, jumped here on Monday as it confirmed that its India unit has filed for an initial public offering (IPO) to raise around $3 billion (Rs 25,000 crore). ...
As the government doubles down on the 'Digital Twin' technology adoption, 90 per cent of the enterprises in the country are aware of digital or virtual twins that could play a crucial role in accelerating their growth journey, a report showed on Monday. ...
SK Group Chairman Chey Tae-won said on Monday that he has decided to appeal a record divorce ruling, which threatens his grip on the telecom-to-energy conglomerate, to the Supreme Court because there was a "critical error" in the calculation of his estranged wife's contribution to the group's growth. ...
Indian banks have bounced back over the last 10 years with a 4-fold increase in profits and a sharp decline in bad loans, according to a report by capital markets and investment group CLSA. ...
