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Beauty's back-end gets investor attention; Naturis in talks to raise Rs 100 croreInvestors are increasingly backing India's beauty and personal care manufacturing sector, moving beyond consumer brands. Companies like Nat...
Karnataka supports 10,500 food processing units, creates up to 1 lakh jobs: KAPPECKarnataka is championing micro food processing, supporting over 10,500 units and creating up to one lakh jobs. The state is also a leading ...
Elon Musk's fortune takes a $300 billion hit as SpaceX sees $1 trillion rout in market valueElon Musk's net worth has dropped by an estimated $350 billion after SpaceX shares tumbled more than 30% from their post-IPO peak, wiping o...
Ola Electric gets BIS certification for indigenous LFP battery cellOla Electric's subsidiary has secured Bureau of Indian Standards (BIS) certification for its indigenously developed 46100 lithium iron phos...
Next ECMS tranche likely in August, to target rare earths, componentsGovernment officials anticipate announcing the next wave of Electronic Component Manufacturing Scheme (ECMS) beneficiaries next month. The ...
Will Amber Enterprises shares rally in the near term after Oppo deal? Here’s what Nuvama, other brokerages sayAmber Enterprises’ partnership with Oppo has drawn mixed brokerage views, with Nuvama and PL Capital bullish on growth and diversification ...
Aurobindo Pharma US gets FTC nod for $250 million acquisition of Lannett CompanyAurobindo Pharma's US arm has secured Federal Trade Commission approval for its $250 million acquisition of Lannett Company. This strategic...
Odisha coal gasification project to meet 35% of India's ammonium nitrate needs by 2030: IndustryA significant Rs 25,016-crore coal gasification project in Odisha, recently inaugurated by President Murmu and PM Modi, is set to fulfill n...
Reliance targets 40 billion units of green power annually; battery gigafactory to commission first phase this yearReliance Industries aims for 40 billion units of green electricity annually, powering its Kutch hub. The company is scaling its battery cel...
PLI, duty incentives soon for Lithium, Nickel processing units in IndiaThe proposed scheme, which is close to securing approvals, will offer production-linked incentives and waive import duties on capital goods...
From raincoats to briefs to diapers: Textile PLI shows green shoots as imports drop, niche exports tripleIndia's textile sector is showing promising growth. The Production-Linked Incentive scheme is boosting local manufacturing. Imports of spec...
Karo Sambhav raises Rs 56 crore from Rainmatter to expand critical mineral recovery from e-wasteKaro Sambhav, a circular economy startup, secured Rs 56 crore from Rainmatter. This funding will boost their infrastructure for recovering ...
Duty tweaking required to boost domestic aluminium-based manufacturing: GTRIIndia's aluminium sector faces policy distortions. A think tank proposes removing import duties on raw aluminium and adding export duties o...
Novyte, Chemvera partner to create pathway for AI-driven material discoveryThis collaboration leverages Novyte's AI engine for materials discovery and Chemvera's manufacturing expertise, creating an end-to-end Indi...
Japan's Asahi taps Varun Beverages to make India debut with 'CALPIS'Japan's Asahi Group is bringing its CALPIS brand to India through a partnership with Varun Beverages Limited. This marks Asahi's entry into...
India-UK FTA draws mixed response from liquor industry over Scotch duty cutsThe India-UK Free Trade Agreement is set to begin on July 15. Alcoholic beverage makers welcome the pact, expecting increased trade and a b...
HMT revival plan likely to focus on self-reliance in new-age manufacturing for ISROHindustan Machine Tools is set for a revival. The plan prioritizes self-reliance in advanced manufacturing. It will focus on producing capi...
JSW Dulux aims for top 2 position in decorative paints after Akzo buyJSW Dulux is targeting a top-two position in India's paint market. The company plans aggressive expansion and significant investments in it...
Liotech Industries Rs 36-cr IPO to open on WednesdayLiotech Industries is launching its Rs 36 crore initial public offering on June 17. The bidding will be open until June 19. Shares are expe...
Soybean meal supply crunch puts pressure on livestock, poultry sectors: CLFMAThe situation threatens food security and rural livelihoods. CLFMA urges government intervention for balanced availability and stable polic...