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EV founders say PLI Auto needs an overhaul, leaves startup at a disadvantageElectric vehicle startups are pushing back against the current production-linked incentive (PLI) scheme for automobiles, arguing its string...- Startups seek digital gold rules; IT firms bet on freshersHappy Friday! The Centre may be open to creating an oversight framework for the digital gold sector. This and more in today’s ETtech Mornin...
- Ola Electric shares rally 33% in three days, market value soars by Rs 3,360 crore. What's behind the surge?Ola Electric shares surged over 7% on Monday, capping a 33% gain in three sessions, driven by robust March sales, PLI certification for its...
- CDS backs mobile phone PLI renewal citing 23% domestic value additionAccording to the report, released on Wednesday in collaboration with the India Cellular and Electronics Association (ICEA), mobile phone ex...
- Centre may seek details on missing auto PLI claimsThe Centre is set to investigate why many beneficiaries of the ₹25,938 crore PLI-Auto scheme haven't claimed incentives despite approvals. ...
- Auto cos seek PLI relaxations amid rare earths supply disruptionThe Indian automotive sector is grappling with supply chain hurdles, primarily due to restrictions on shipments of rare earth magnets from ...
- Overwatch 2 Porsche Collab Event: All you may want to knowOverwatch 2's collaboration with Porsche introduces a thrilling new event featuring exclusive game modes and stunning cosmetics. Scheduled ...
- India approves EV policy; investment, localisation keyIndia's EV policy requires a Rs 4,150 crore investment for local manufacturing with DVA targets. It aims to reduce crude oil imports, lower...
- Tata, Mahindra, and Ola eye double benefit of Auto PLI and FAME with early approvalsTata Motors, Mahindra, and Ola Electric are set to benefit from the government's PLI program and FAME-II scheme. These companies have recei...
- Ola Electric gets domestic value addition certificate under auto PLIOla Electric received domestic value addition certificate under the PLI scheme for the automobile and auto component industry. The company ...
- Automobile industry will contribute to India's rise as third largest economyThe Ministry of Heavy Industries is overseeing the Rs 25,938 crore Production Linked Incentive (PLI) scheme for Automobile and Auto Compone...
- Auto companies flag local value addition math under PLIA minimum 50% domestic value addition (DVA) is a key condition for companies to qualify for subsidies under the scheme. The intention is to...
- Auto production-linked incentives: Govt eases norms for availing benefits but many concerns remainThree execs aware of the Monday meeting between government officials and industry stakeholders said the Centre explained the tweaks to the ...
- Automakers hit a domestic value calculation speed bump on way to Rs 25,938-crore PLI scheme benefitsThese firms are concerned that they may not receive sops under the Rs 25,938-crore scheme for the first year of its five-year operational p...
- Tough to calculate local value-add, say auto PLI applicants to governmentHowever, the ministry of heavy industries, which is implementing the PLI scheme for the automotive industry, has asked the applicants to de...
- Vehicle manufacturers can avail of benefits under various PLI schemesThe road transport ministry is examining the incidents. An independent investigation is underway. I am sure there will be corrective measur...
- L&T dispels darkness with unique solar-powered portable lantern 'Diva'L&T has developed a solar-powered portable lantern DVA. When fully charged, it is capable of emitting light for up to 10 hours.
- Pick of the week: United Phosphorus is likely to continue to exhibit strong growthSince nearly 75% of the consolidated revenue of United Phosphorus comes from abroad, it is being punished for global exposure.
- United Phosphorus acquires 51% stake in Brazil's DVA Agro for $150 mnThe company has acquired a 51% stake in DVA Agro Do Brasil from Germany's DVA Group and other shareholders, UPL said in a statement.
- UPL acquires 51 pc stake in DVA Agro Brazil for $ 150 mnUnited Phosphorus Ltd (UPL) has acquired 51 per cent stake in Brazilian firm DVA Agro Do Brasil (DVA Agro Brazil) for $ 150 million.
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