Advertisements After 76 years of bilateral relations between India and the UK, a total turnover of INR 3,634.9 billion with nearly 4,66,640 employees has been supported by UK investments in the country. In 2021, the UK set up the roadmap… Read More ›
India
MeitY Expert Panel Recommends Establishing Semiconductor Research Centres With $8 Bn Investment
Advertisements An expert panel has recommended the Ministry of Electronics and Information Technology (MeitY) to establish a semiconductor research centre on 20 October. The panel recommend an initial investment of USD 8 billion (Rs 66,500 crore) over the next five… Read More ›
Electric Hydrogen Raises $600 Mn Led By Fortescue, Fifth Wall, Others
Advertisements Hydrogen startup Electric Hydrogen (EH2) said on Tuesday it has bagged USD 380 million in an oversubscribed Series C financing round. The company has raised over USD 600 million since its founding in 2020. The funding was led by… Read More ›
Noise Forms Joint Venture With II Jin Electronics To Boost Manufacturing In India
Advertisements Smart wearable brand Noise formed a joint venture with II Jin Electronics to boost the manufacturing of products in India. The joint venture will look forward to consolidate its commitment for in-house infrastructure development for product assembly, hardware design… Read More ›
IndiGo To Set Up Rs30cr Subsidiary to Finance Aviation Assets
Advertisements InterGlobe Aviation, the parent company of IndiGo, India’s largest airline, has approved the setting up of a subsidiary to finance aviation assets. The subsidiary will be wholly owned and will be set up in GIFT City. The company’s board… Read More ›
Digital Personal Data Protection Bill, 2023 Taken Up For Consideration In Lok Sabha
Advertisements The Digital Personal Data Protection Bill, 2023 was taken up for consideration and passage in the Lok Sabha on Monday. Speaking on the floor of Lok Sabha, Union Telecom and IT Minister Ashwini Vaishnaw said, “The world today is… Read More ›
Chemical Company Lubrizol Commits Over $150mn Of Investment In India
Advertisements Lubrizol Corporation, a specialty chemical firm located in the United States, said on Monday that it has committed more than USD 150 million to multiple projects in the country. The proposed investment will go towards building the world’s largest CPVC resin… Read More ›
Gross Direct Tax Collections For FY 2023-24 Up 12.73%: FinMin
Advertisements The gross direct tax collections for the financial year (FY) 2023-24 registered a growth of 12.73 per cent, an official statement issued by the government said on Sunday. According to the official data released by the government, “The gross… Read More ›
HomeLane Snags Rs75cr In Bridge Round
Advertisements HomeLane, a home interior solutions startup, said that it has closed a bridge round of Rs 75 crore from its current investors. The Bengaluru-based startup has so far raised USD 115 million in total, including primary and secondary funds…. Read More ›
KKR Moves India MD To Singapore To Lead Southeast Asia PE Division
Advertisements According to media reports, KKR & Co plans to move its managing director from India to Singapore to manage the firm’s Southeast Asia private equity division. Prashant Kumar, who has been with KKR in Mumbai since 2018, will relocate… Read More ›