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Auto Component Suppliers Sit On Rs 98,000 Crore Inventory

Mumbai, Sept. 9 -- Auto component suppliers are sitting on Rs 98,000 crore (Rs 980 bn) of inventory, the report said. The accumulation reflects slower domestic demand for vehicles and a mismatch betwe... Read More


Modi To Unveil Rs 350 Billion Gujarat Infrastructure Push

Mumbai, Sept. 9 -- Prime Minister Narendra Modi will inaugurate and lay foundation stones for projects worth Rs 350 billion (bn) in Vadodara, including three sections of the Western Dedicated Freight ... Read More


DoNER Secretary Reviews Development Projects In Manipur

Mumbai, Sept. 9 -- Srinivas Katikithala, Secretary of the Ministry of Development of North Eastern Region, conducted a four-day visit to Manipur from two to five September to review development projec... Read More


TCS HyperVault To Build Rs 700 Billion AI Data Campus

Mumbai, Sept. 9 -- Tata Consultancy Services unit HyperVault will set up a Rs 700 billion (700 bn) artificial intelligence data centre campus in Hyderabad, the company said. The investment is describe... Read More


Delhi Approves Multi-Utility Duct Pilot In Chandni Chowk

Mumbai, Sept. 9 -- The Delhi government has approved a plan to develop multi-utility ducts comprising shared underground corridors to reduce traffic disruption caused by scattered road digging. The ca... Read More


Jindal Stainless Signs Pact With Japan's JFE Steel

Mumbai, Sept. 9 -- Jindal Stainless has signed a strategic agreement with Japan's JFE Steel Corporation (JFE) to boost production of ferritic stainless steel in India. The pact commits the two compani... Read More


25,000 Metric Tonnes Of Kashmir Apples Moved By Rail Last Season

Mumbai, Sept. 9 -- About 25,000 metric tonne (t) of apples were transported by rail from Kashmir during the previous season, the Horticulture Department director said, underlining the growing role of ... Read More


Kanpur Workshop Urges Stronger Local Industry And MSME Integration

Mumbai, Sept. 9 -- A workshop in Kanpur on the Uttar Pradesh Defence Industrial Corridor sought to strengthen local industry participation and integrate micro, small and medium enterprises (MSME) into... Read More


ECLGS 5.0 Issues 673,979 Guarantees Covering Rs 2,500.24 bn

Mumbai, Sept. 9 -- Emergency Credit Line Guarantee Scheme 5.0 (ECLGS 5.0), implemented by the National Credit Guarantee Trustee Company (NCGTC), has issued 673,979 guarantees covering a guaranteed amo... Read More


India Emerges As Key Diesel Supplier To Europe

Mumbai, Sept. 9 -- Europe is increasingly relying on India to supply diesel as Russian and US flows falter. Russia's seaborne diesel and gasoil exports averaged about 150,000 barrels per day in the fi... Read More