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Coal gasification guidelines to be finalised in two months: Union Coal Minister Kishan Reddy

New Delhi, June 21 -- The Centre will finalise guidelines for its coal gasification incentive scheme within two months, paving the way for fresh investments in projects aimed at reducing India's depen... Read More


West Asia crisis drives container freight spot rates sharply higher; recovery may take till September

New Delhi, June 20 -- The disruption to global shipping caused by the West Asia conflict has sent container freight rates soaring across major trade routes, including lanes that do not directly transi... Read More


Brigade Enterprises' Perumbakkam housing project loses environmental clearance over wetland violation

New Delhi, June 18 -- The Tamil Nadu State Environmental Impact Assessment Authority (SEIAA-TN) has revoked the Environmental Clearance (EC) granted to a proposed residential project of Bengaluru-base... Read More


Switch Mobility eyes new product lines of double-decker buses, metro feeders and last-mile mobility solutions

New Delhi, June 17 -- Despite challenging external factors such as rare-earth magnet shortages and geopolitical disruptions, electric bus and light commercial vehicles maker Switch Mobility of the Hin... Read More


TN Govt reforms in high-rise building approvals to reduce sanction time

New Delhi, June 16 -- In a significant reform aimed at improving the ease of doing business, the Tamil Nadu government has empowered the Chennai Metropolitan Development Authority (CMDA) to grant or r... Read More


Tamil Nadu OE spinning mills warn of 50% production cut over high cotton waste prices

New Delhi, June 16 -- More than 250 grey yarn manufacturing open-end (OE) spinning mills across Tamil Nadu have warned of a 50 per cent reduction in production from next week if cotton waste prices ar... Read More


US-Iran peace deal likely to bring relief to shipping, trade

New Delhi, June 16 -- The agreement between the US and Iran to end months of conflict in the Gulf region could ease pressure on global supply chains, lower energy prices and provide a boost to India's... Read More


MM Forgings to install new hot forging press; eyes Rs.2,000-crore revenue in FY27

New Delhi, June 15 -- Chennai-based automotive component manufacturer MM Forgings Ltd is investing in capacity addition and is installing a new forging press, targeting revenue of nearly Rs.2,000 cror... Read More


Domestic tractor sales cross one lakh units for third straight month in May; exports top 10,000 units

New Delhi, June 14 -- India's tractor industry continued its strong growth trajectory in 2026, with domestic sales crossing the one-lakh-unit mark for the third consecutive month in May, supported by ... Read More


VOC Port to invest Rs.5,720 crore to deepen harbour, target larger vessels

New Delhi, June 12 -- The VO Chidambaranar Port Authority in Thoothukudi is up a set to take up a Rs.5,720-crore project to deepen its harbour basin and approach channel, a move aimed at enabling the ... Read More