Vedanta-Foxconn selects Dholera SIR for first semiconductor facility in India
In a first, Vedanta and electronics manufacturing firm Foxconn on Monday unveiled their plan to set up a semiconductor and display manufacturing facility in Ahmedabad, […]
Day: February 20, 2023
Domestic air travel records highest ever number of daily flyers
Since November 2022, India has seen a huge surge in travel within the country with listed stakeholders like airlines, hotels and online travel agencies (OTAs) […]
Adani decides against bid for stake in power trader PTC
Gautam Adani, one of India’s richest men, has decided against bidding for a stake in state-backed electricity trader PTC India Ltd. The decision comes amid […]
Uber to introduce EVs in India in push to clean cars
Uber Technologies said on Monday it will introduce electric vehicles (EVs) in India for ride-sharing, its first move to adopt clean cars amid a government […]
FPIs’ investment value in Indian equities drops 11% to $584 billion
After posting a robust growth in 2020 and 2021, the global equity markets went through a turbulent phase in 2022. In fact, 2022 was a […]
RBI will take action as required to keep inflation within expected limits: Nirmala Sitharaman
During a post budget industry event in Jaipur, Nirmala Sitharaman stated that the RBI will implement appropriate measures to control inflation within “anticipated boundaries.” According […]
India’s economic activity cools in January amid slowdown fears
India’s economic activity cooled off at the start of the year as higher borrowing costs tempered demand at home and abroad, signaling more pain ahead […]
Over 94% value erosion found in 165 IBC liquidation case
The value erosion is surprising because lenders always make sure there is a margin or promoter’s contribution before granting a loan. If a bank extends […]