Tata Projects on Tuesday said the construction of the US-based chip company Micron Technology’s semiconductor assembly and test facility at Sanand near Ahmedabad is going on in full swing. The facility is coming up in nearly 50 acres of area
Quick commerce company Zepto has completed a reverse flip from Singapore to India to become an Indian parent’s entity ahead of its proposed IPO. Photograph: Kind courtesy Zepto/Linkedin Its co-founder and CEO Aadit Palicha, in a post on LinkedIn, described
The last time these two indexes recorded a negative performance on a calendar year basis was in CY19. It has been a disastrous start for the mid-and smallcap stocks to 2025 with both the indexes underperforming the benchmark Nifty50
The exodus of FPIs from the Indian equity markets continues unabated, as they withdrew Rs 64,156 crore ($7.44 billion) this month so far on depreciation of the rupee, rise in the US bond yields and expectation of a tepid earning
About 99,165 electric cars were sold in India in 2024, but electric car penetration — share of electric car sales in total sales — was just about 2.5 per cent. IMAGE: Mercedes Benz Head Of Region Overseas Sagree Sardien and
Industry experts say the rupee’s record low last week presents an investment opportunity for non-resident Indians (NRIs) and global capability centres (GCCs). While firms like KPMG, Emkay Global, CRISIL, and Anarock see potential gains for overseas investors, they also caution
India’s forex reserves dropped by $1.88 billion to $623.98 billion in the week ended January 17, the RBI said on Friday. Photograph: Jo Yong-Hak/Reuters Earlier, the overall kitty declined by $8.71 billion to $625.87 billion in the week ended January
Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets dairy products under the Amul brand, has reduced milk prices by Rs 1 per litre across India. However, the reduction in prices is only for one-litre packs. “We have reduced the prices
The government on Thursday said it has cancelled the auction of Tamil Nadu’s Nayakkarpatti tungsten mineral block which is near the Arittapatti Biodiversity site and a number of cultural heritage sites. Tungsten is a critical and strategic mineral. The announcement
The government in FY26 Budget should announce an “effective” personal income tax cut to support consumption and demand, Barclays said on Thursday. In its FY25-26 Union Budget preview, Barclays said the key ask from the Budget, to be presented on
