India: Page 4

News and Trends

Hyundai Motor India Receives SEBI Nod for $3 Billion IPO, Set to be India's Largest

Hyundai has maintained a consistent market share between 15 per cent and 17 per cent since 2008, reinforcing its position as the second-largest automaker in India.

News and Trends

OECD Forecasts Higher Growth for India Amid Global Economic Resilience

The report anticipates India's growth to further increase to 6.8 per cent in FY 2025-26, up by 20 basis points from its earlier forecast.

Entrepreneurs

Our Plan is to Become India's Next Samsung: Cellecor Gadgets MD

Ravi Agarwal, Managing Director of Cellecor, recently shed light on the company's stellar performance in the last fiscal year, their ambitious growth targets for the future, and how they plan to dominate India's tech landscape.

News and Trends

Coal India and RRVUNL Partner to Boost Renewable Energy in Rajasthan

The governance structure of the joint venture will see CIL and RRVUNL nominating executives to the board, with CIL having the right to appoint four directors and RRVUNL appointing two.

News and Trends

Zoho-Backed Silectric to Invest INR 3,000 Crore in Silicon Carbide Manufacturing Unit in Odisha

The products manufactured by Silectric will primarily serve the power electronics sector, with applications in electric vehicles (EVs), automotive components and renewable energy.

News and Trends

India Will Lead The World In 6G: Minister of Communications

With over 30 crore mobile phones being produced annually, India has become the second-largest producer of mobile phones worldwide.

News and Trends

Coal Production in The Country Surged During FY 2024-25: Ministry of Coal

Coal India Limited's output rose to 311 MT in the fiscal year 2024-25, up from 302.53 MT in the same period the year before, registering a 2.80 per cent increase

News and Trends

Polymatech Electronics Invests $16.2 Million in Bahrain, Aims for Over $100 Million by 2027

The investment is part of a broader strategy, with the company planning to spend over $100 million in the Gulf nation by 2027

News and Trends

Helios Expands Premium Offerings with Introduction of U-BOAT Watches to India

With this launch, Helios expects to drive a 45 per cent increase in revenue, capitalizing on the growing demand for premium timepieces during India's festive season

News and Trends

Jindal Stainless Supplies High-Strength Stainless Steel For Vande Bharat

The 301LN austenitic stainless steel used in these coaches ensures superior performance, enhanced durability and lower life-cycle costs due to its resistance to corrosion

News and Trends

India and Singapore Inks MoU Across Sectors of Semiconductors, Digital Technology

The MoU focuses on collaboration in digital technologies, including cybersecurity, 5G, quantum computing, artificial intelligence (AI) and supercomputing.

News and Trends

Total Gross GST Revenue for August 2024 Reached INR 1.75 Lakh Crore: CBIC

The total gross GST revenue for August 2024 reached INR 1.75 lakh crore, a 10 per cent increase from INR 1.59 lakh crore in August 2023

News and Trends

Nokia To Setup Largest R&D Lab in Chennai With INR 450 Crore Investment

Nokia has announced the expansion of its Fixed Networks R&D facility in Chennai, Tamil Nadu with an investment of INR 450 crore

News and Trends

VC Funding Deals in India Surpass $6.3 Billion Despite Global Caution: GlobalData

GlobalData, a data analytics company recently released a report on VC Funding in Indian Startups reported a significant surge in funding during the January to July 2024 period, recording a total of 672 deals raising US$6.3 billion.

News and Trends

India's Fintech in Promising Place But Needs to Prepare For Decade Ahead: GFF & BCG Report

The report states that Generative AI and API-based open architecture are key drivers of future growth with applications ranging from customer service automation to fraud detection, fintech is exploring strategic international expansion.