CIL fears coal gasification scheme will blunt its edgeCoal India has raised concerns about the coal gasification incentive scheme's rules. The company believes the short bidding window disadvan...
Ola Electric gets Rs 95.8 crore PLI incentive, third consecutive yearOla Electric has secured a Rs 95.81 crore incentive under the government’s Production Linked Incentive (PLI) scheme for automobiles and aut...
Ola Electric gets Rs 95.81 crore PLI incentive for second straight yearOla Electric secured Rs 95.81 crore under the PLI-Auto Scheme for FY 2026-27. This incentive follows a previous sanction of Rs 366.78 crore...
India plans Rs 13,000 crore in aid to spur battery parts outputIndia's new plan aims to reduce reliance on Chinese producers and boost local manufacturing. The government sees fostering a domestic batte...
India gets ready to build its own Samsung, Vivo or XiaomiIndia has emerged as a major global smartphone manufacturing hub, but it is yet to build a home-grown brand of comparable scale. A new Rs 6...
JSW MG seeks PHEV tax incentives, targets 70% localisation by 2027JSW MG Motor India is pushing for lower taxes on plug-in hybrid electric vehicles. The company targets 70% localization for its Windsor and...
Exports key for mobile brands to maximize Mobile Phone Manufacturing Scheme incentives: KotakNew mobile phone manufacturing incentives will prioritize export growth for brands. Domestic market growth alone may not meet scheme target...
Quote of the day by Tom Russo: "Sadly, on Wall Street, rewards for acting with self-interest and to disadvantage public shareholders often prove to be too tempting"Investor Tom Russo warns that self-serving incentives can sometimes outweigh shareholder interests. His observation highlights the importan...
PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal OswalThe government’s new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong dome...
Bank strike dates 2026: Bank unions announce all-India strikes in September, indefinite strike from October 26; know whyBank unions will launch nationwide strikes in September and an indefinite strike in October. These actions aim to implement five-day bankin...
Bank unions threaten nationwide strike on September 11 to press for 5-day banking, other demandsBank unions will strike nationwide on September 11 due to unresolved demands. This action follows a government 'negative attitude' towards ...
West Bengal plans incentives to spur industrial investmentsThe government is exploring off-balance sheet incentives like soft loans to keep the weightage on budget-dependent industrial promotion low...
Apple may expand manufacturing in India beyond iPhonesIn an effort to bolster its device manufacturing sector, India has launched a new scheme aimed at enticing industry leaders like Apple and ...
PM Modi says ‘production-linked punishment’ era once held back Indian industry; pegs India as world’s fastest-growing economyPrime Minister Narendra Modi on Friday said India had moved from the Licence Raj-era “Production Linked Punishment” model to incentivising ...
India set to approve $1.2 billion incentive plan to make building equipment, sources sayIndia is set to launch a $1.2 billion incentive scheme to stimulate local manufacturing efforts. This initiative aims to draw in $1.8 billi...
Medical devices industry needs to focus more on local value addition: Pharma SecyThe medical devices sector must increase local value addition and component manufacturing. Government officials are open to industry sugges...
India set to approve $1.2 billion incentive plan to make building equipment, sources sayIndia is set to approve a $1.2-billion incentive scheme to boost domestic production of high-value construction equipment, including tunnel...