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More made-in-India goods will be offered by Philips-thumnail

More made-in-India goods will be offered by Philips

Royal Philips announced on Tuesday that it will produce more personal health products in India as a result of increasing production at its co-manufacturing facility in Baddi, Himachal Pradesh, which will now also produce mother and child products in addition to the beauty and grooming items already produced there.

Business

Aug 29, 2023

Top 10 Richest Sports Leagues In The World Currently-thumnail

Top 10 Richest Sports Leagues In The World Currently

The role of sports leagues as economic powerhouses in their own right has expanded well beyond the traditional confines of entertainment and competition in recent decades.

Business

Aug 29, 2023

Cash reserves to back plan to increase manufacturing capacity: Maruti Company chairman -thumnail

Cash reserves to back plan to increase manufacturing capacity: Maruti Company chairman 

Maruti Company chairman Bhargava informed shareholders that the ‘Maruti 3.0 capacity development plan will focus on diverse power trains such as electric and hybrid cars, compressed natural gas (CNG), and ethanol.

Automotive

Aug 29, 2023

The world’s first 100% ethanol-powered car developed by Toyota  was unveiled by Nitin Gadkari-thumnail

The world’s first 100% ethanol-powered car developed by Toyota  was unveiled by Nitin Gadkari

On Tuesday, Nitin Gadkari, the minister of state for roads and highways, showcased a Toyota Innova HyCross ethanol-powered car. This vehicle is reportedly the first electrified flex-fuel BS-VI (Stage-II) vehicle in the world.

Automotive

Aug 29, 2023

New Zealand to introduce Digital services tax in 2025 for multinationals-thumnail

New Zealand to introduce Digital services tax in 2025 for multinationals

New Zealand said on Tuesday that it would submit legislation for a digital services tax on large multinational businesses starting in 2025.

Business

Aug 29, 2023

EURoAPI to Get BianoGMP to Reinforce its CDMo Skill in the High-Development oligonucleotide Market-thumnail

EURoAPI to Get BianoGMP to Reinforce its CDMo Skill in the High-Development oligonucleotide Market

EURoAPI and the Shareholders of BianoGMP (Biano), an Agreement Improvement and Assembling Association (CDMo), with perceived mastery in oligonucleotides, have marked an offer buy and move arrangement under which EURoAPI will secure 100 percent of Biano shares.

Business

Aug 29, 2023

August 2023: Expect reasonable retail sales growth across all sectors, with PV deliveries likely to increase by 4% to 5% year over year-thumnail

August 2023: Expect reasonable retail sales growth across all sectors, with PV deliveries likely to increase by 4% to 5% year over year

Two-wheeler retail sales are anticipated to increase by 4-5%, whereas analysts predict that passenger vehicle (PV) retail sales will increase by 5-7% year over year. Additionally, because of the impending holiday season, freight demand is predicted to increase post-monsoon, which might result in 4-6% YoY growth for MHCV retail.

Advertising

Aug 28, 2023

Mukesh Ambani initiates a succession plan for Reliance Industries Ltd-thumnail

Mukesh Ambani initiates a succession plan for Reliance Industries Ltd

Nita Ambani, Ambani’s wife, is stepping down from the board of Reliance Industries Ltd, which has accepted the nominations of Isha, Akash, and Anant Ambani as non-executive directors.

Business

Aug 28, 2023

Tata Steel Ltd. reports higher pricing and less shipments to China-thumnail

Tata Steel Ltd. reports higher pricing and less shipments to China

As Chinese steel shipments drop, Tata Steel Ltd., India’s second-largest steel manufacturer, is optimistic about pricing. On the eve of the B20 Summit in New Delhi, CEO TV Narendran had an interview with Bloomberg News.

Business

Aug 28, 2023

Shaping Connected Mobility: Automakers and Device Manufacturers Drive CCC Digital Key Agenda-thumnail

Shaping Connected Mobility: Automakers and Device Manufacturers Drive CCC Digital Key Agenda

The Car Connectivity Consortium (CCC) reported today that PlugFest #5, facilitated by Shenzhen Snowball Innovation, zeroed in on Close field Correspondences (NFC) testing and united automakers and gadget producers to help advance CCC Digital Key in conveying a safe, easy, and general norm for vehicle access.

Automotive

Aug 28, 2023

A New Era of Comfort and Style: LYCRA Introduces Exciting Offerings at Intertextile Shanghai-thumnail

A New Era of Comfort and Style: LYCRA Introduces Exciting Offerings at Intertextile Shanghai

The LYCRA Company, a worldwide innovator in creating imaginative and supportable fiber and innovation answers for the clothing and material industry, reported today that it is exhibiting its most recent items at Intertextile Shanghai, August 28 – 30.

Business

Aug 28, 2023

The Chinese carmaker BYD is set to acquire Jabil’s mobility business for $2.2 billion-thumnail

The Chinese carmaker BYD is set to acquire Jabil’s mobility business for $2.2 billion

Chinese manufacturer of electric vehicles BYD Co Ltd announced on Monday that its subsidiary has agreed to purchase Jabil Inc’s mobility business in China for 15.8 billion yuan ($2.17 billion) from the Singaporean branch of the American manufacturing company.

Automotive

Aug 28, 2023


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