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PLI
EaseMyTrip plans Rs 200 crore investment in EV bus manufacturing, targets 2,000 buses by FY28EaseMyTrip's subsidiary, Easy Green Mobility, plans to invest Rs 200 crore in electric mobility initiatives. The company aims to operate mo...- Battery PLI scheme achieves just 1.4 GWh capacity against 50 GWh target, faces delays: NITI Aayog reportThe report, titled "Impact Assessment of PLI Schemes", prepared by NITI Aayog in collaboration with IIM Ahmedabad, said the Rs 18,100 crore...
- Compulsory licensing of drugs only after exhausting all other measures: Department of Pharmaceuticals secretary Manoj JoshiThe government plans to address the high costs of innovative medicines by first negotiating prices. Compulsory licensing will be considered...
- India's PLI schemes meet 76% investment target but create just 28% of promised jobsDespite significant investments under the production-linked incentive scheme, India is falling short of its job creation ambitions. With 76...
- CAG widens audit net to assess outcomes of govt schemes, urban mobilityThe Comptroller and Auditor General is conducting cross-ministry audits to assess outcomes in areas such as ease of doing business, logisti...
- PLI schemes achieve 76% of investment target, 64% of production goal: Niti AayogThe production-linked incentive (PLI) scheme has achieved 76% of its investment target and 64% of its production target, with electronics, ...
- Ola Electric’s Q2 revenue slumps 39% to Rs 421 crore, losses narrowThe company said it has stopped taking orders from its direct-to-consumer stores on Nov 1, and plans to close them by December. The company...
- Demand no longer a constraint: Ola Electric's Bhavish Aggarwal on Q2 earnings callThe bottleneck is not Ola's own plant, which Aggarwal said in his post already has high installed capacity, but its suppliers. About 5,000 ...
- 22 firms chase 10 GWh battery prize under PLI schemeThe Centre's production-linked incentive scheme for advanced chemistry cell manufacturing has received bids from 22 companies. These bids a...
- Ola Electric Q2 Results: Loss narrows YoY to Rs 362 crore, revenue falls 39%Ola Electric Q2 Results: The electric two-wheeler maker's revenue from operations fell 39% year-on-year (YoY) to Rs 421 crore from Rs 690 c...
- Use FTAs to build joint ventures, explore investment opportunities: CII President to industryR Mukundan, the CII President, stressed the crucial role of Free Trade Agreements (FTAs) in fostering joint ventures and enhancing investme...
- Renewables helped India save over $100 billion in fuel imports since 2011: IEAIndia's expansion of renewable energy capacity has helped the country avoid more than USD 100 billion in coal and natural gas import costs ...
- Government extends ₹2,700-crore PLI scheme for medical devices till 2035-36, eases eligibility normsThe government has extended the ₹2,700-crore production-linked incentive (PLI) scheme for domestic medical device manufacturing until 2035-...
- Green hydrogen demand slump delays electrolyser projects to August 2027Weak demand for green hydrogen is prompting nearly half-a-dozen companies to defer commissioning their electrolyser manufacturing facilitie...
- US FDA adds rare vision-loss warning to popular GLP-1 drugsThe US FDA will add a warning about a rare eye condition that can cause permanent vision loss to the labels of all GLP-1 drugs, including O...
- Government invites fresh applications under Rs 2,700 crore medical device PLI schemeThe government is inviting new applications under the Production Linked Incentive Scheme for Medical Devices. This scheme has been extended...
- Advocates can't be directed not to ply non-Delhi registered pre-BS-VI vehicles: HCThe Delhi High Court has granted a reprieve to advocates and judicial staff from the vehicle restrictions imposed over pollution concerns. ...
- Nov-Jan ban on non-Delhi vehicles below BS-VI standards to be in force every yearDelhi government plans to ban non-Delhi-registered vehicles below BS-VI emission standards beginning November 1. This ban will continue ann...
- SC questions recurring Delhi-NCR pollution, flags vehicle emissions as major contributorThe Supreme Court has raised concerns over recurring air pollution in Delhi-NCR, identifying vehicular emissions as a major contributor and...
- Govt working on telecom PLI with focus on higher local value additionThe Ministry of Communications is preparing to propose a second edition of the telecom production-linked incentive scheme. This new scheme ...
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