INDIAN OEMS YET TO ADOPT INVENTORY MANAGEMENT PRACTICE

No Indian auto manufacturer till date has implemented just-In-time (JIT) end-to-end in supply chain, a widely adopted inventory management practice in the auto manufacturing industry, thus running the risk of sudden shifts in orders and bloated inventory which leading to potential disruptions in operations and financial strain.

Toyota launches new Innova HyCross model

Toyota Kirloskar Motor (TKM) has introduced a new grade in the Innova HyCross the GX (O) petrol variant.

INDUSTRY HOPES FOR BETTER CHARGING INFRA

Tesla has been exploring the possibility of establishing a manufacturing plantin the country, in lieu of customs duty concessions.

GEMS, JEWELLERY EXPORTS IN FY24 DIP BY 12.2%

Gems and jewellery exports declined by 12.17 per cent to Rs 2,65,187.95 crore (USD 32,022.08 million) during 2023-24, compared to the previous financial year due to high interest rates in the US and slow recovery in China, Gem and Jewellery Export Promotion Council (GJEPC) data showed.

World Bank received USD 11 billion funds for new financial instruments

The World Bank has received endorsements of USD 11 billion for the new financial instruments aimed at boosting lending capacity and addressing shared global challenges.

INDIA MUST CONTINUE REFORMS FOR SUSTAINED GROWTH: IMF

India is on a sustained growth path driven by consumption and public investments, India’s economic performance stands out against a backdrop of global uncertainties said Krishna Srinivasan IMF Director, Asia and Pacific Department in an Exclusive interview to ANI.

FOREIGN INVESTORS EXIT INDIAN DEBT MARKET AMID GLOBAL UNCERTAINTY

JP Morgan emerging market index will see a1 weightage starting June 2024 and increasing by 1 every month to capat10 ceiling by April 2025.

NEED FOR INDIA-BANGLADESH ECONOMIC COOPERATION DEAL: CUTS

India needs exploring partnership opportunities to navigate the changing trade dynamics effectively.

India calls for balancing energy stability amidst oil volatility

India has emphasised the importance of balancing market stability, affordability, with pragmatism and its commitment to support efforts to achieve balance in global energy markets amidst recent trends and volatility in global oil markets.

Govt renewable power co IREDA achieves all-time high profit

Indian Renewable Energy Development Agency Ltd. (IREDA) achieved an all-time high annual Profit After Tax (PAT) of Rs. 1252.23 crore in its audited financial results for the fiscal year 2023-24, the company informed in an exchange filing on Friday.

Viksit Bharat not a high-flying dream, itis achievable: FM

Finance Minister Nirmala Sitharaman articulated her vision for Viksit Bharat 2047 during an interaction held at the Gujarat Chamber of Commerce and Industry (GCCI) premises in Ahmedabad on Saturday. “Viksit Bharat is not a highflying dream;

'Restoration of Indian economy since 2014 a lesson for Harvard'

The restoration of the Indian economy, especially banks since 2014 is actually a lesson for the Harvard Business School said finance minister Nirmala Sitharaman, while addressing the gathering at the Gujarat Chambers of Commerce and Industry (GCCI), in Ahmedabad on Saturday. The finance minister was speaking on the topic Vikshit Bharat 2047.

CCPA URGES FSSAI PROBE: NESTLE ACCUSED OF ADDING SUGAR TO BABY PRODUCTS

The Central Consumer Protection Authority (CCPA) urged FSSAI to investigate Nestle India for allegedly adding sugar to baby products

'Nation's mood is for PM Modi's leadership': NCP (Ajit Pawar faction) leader Praful Patel

As the voting in the first phase of 2024 general election is underway, Nationalist Congress Party (Ajit Pawar faction) Praful Patel said on Friday that the mood of the nation is for development and for Prime Minister Narendra Modi’s leadership.

Bajaj Auto's Pulsar hits Rs 10,000 cr mark; New variant coming in May 2024

FY24 has been a remarkable year for Bajaj Auto’s Pulsar, achieving two significant milestones—record breaking sales volume and reaching the prestigious Rs 10,000 crore mark as a brand. To capitalize on this success, Bajaj Auto has announced plans to launch six new models in the first half of FY25, starting with the largest Pulsar variant in early May.

An MoU to revitalize the Temple Management Education ecosystem Temple Connect partners with Mumbai University and WeSchool to Enhance Temple Management Courses

Mumbai University, Shikshana Prasaraka Mandali, and WeSchool have joined hands with Temple Connect to enhance Temple Management courses.

World's shortest living woman casts her vote in Nagpur, urges everyone to vote

The world’s shortest living woman, Jyoti Amge on Friday cast her vote at a polling booth in Nagpur. After casting her vote, Jyoti urged everyone to come out and vote in large numbers. “Today, I am feeling very good because I have voted.

SUPRIYA SULE OWES RS 35 LAKH TO SUNETRA PAWAR, REVEALS ELECTION AFFIDAVIT

The electoral battle in Maharashtra’s Baramati Lok Sabha seat is going to be a closely watched contest between NCP candidates Sunetra Pawar and Supriya Sule, who are vying for victory in the Pawar family’s stronghold.

SUPREME COURT REFUSED TO INTERFERE WITH CONCURRENT FINDINGS THAT CHEQUE WAS NOT ISSUED TOWARDS LEGALLY ENFORCEABLE DEBT, UPHOLDS ACQUITTAL | SECTION 138 NI ACT

The Supreme Court in the case M/S Rajco Steel Enterprises Versus Kavitha Safaff And Anr. observed and has upheld the acquittal of an accused in the 16-year-old cheque dishonor case since the complainant failed to prove that there exists a legally enforceable debt which being against the accused.

India, Russia agree to deepen cooperation in higher education

Russia is exploring new opportunities for cooperation with India in areas of education, science, and innovative technologies, as well as professional training, as it looks to introduce Indian youth to all the opportunities for obtaining higher education in Russia and encourage their interest in Russia’s technical achievements, particularly in space exploration, aviation and military technology, and medicine.

MARCH SEES JAPAN'S INFLATION DIP TO 2.6 PER CENT

As of data released on Friday, Japanese inflation decreased to 2.6 per cent in March, largely in line with market expectations.

WB ASKS PAK GOVT TO MAKE TAX REFORMS, ELIMINATE DUTIES AND SALES TAX

According to the report, the World Bank asked the Pakistani government to create a national policy for child development and called for reducing subsidies on energy.

Netflix gains 9.33M users with originals, password sharing measures

Netflix Inc. experienced its strongest beginning to a year since 2020, surpassing expectations by attracting a higher number of new subscribers.

Infosys Acquires German firm in-tech in 450M Euro All-Cash deal

IT major Infosys announced its acquisition of in-tech, a prominent engineering R&D services provider specialising in the German automotive industry, on Thursday in an exchange filing. This 450 million euro acquisition will help the IT company expand its footprint in Europe.

NBCC eyes $100 million savings with in-house funding arm

NBCC, a prominent construction and real estate developer, is planning to establish its own non-banking finance company (NBFC) later this year, aiming to reduce borrowing costs for key infrastructure projects. According to sources closely involved in the matter, this strategic move is estimated to save NBCC approximately $108 million in interest costs over the next two years.

RBI appoints Ajith Kumar as Dhanlaxmi Bank MD & CEO despite stock decline

The Reserve Bank of India (RBI) has given its approval for the appointment of Ajith Kumar KK as the managing director and chief executive officer (CEO) of Dhanlaxmi Bank.

RAILWAYS OPERATES RECORD NUMBER OF ADDT'L TRAINS TO MEET SUMMER DEMAND

Indian Railways gears up for a record-breaking summer with plans to operate 9,111 trips, a substantial increase from last year’s 6,369 trips.

India's poll season slows down M&As deals in consumer industry

India has fulfilled its commitment to deliver BrahMos supersonic cruise missiles to the Philippines as part of a USD 375 million deal signed in 2022.

OpenAI Establishes India Presence with Government Relations Head

OpenAI, backed by Microsoft Corp., has appointed Pragya Misra as its first employee in India, naming her as the head of government relations.

Philippines receives first BrahMos missiles in $375 million deal with India

India has fulfilled its commitment to deliver BrahMos supersonic cruise missiles to the Philippines as part of a USD 375 million deal signed in 2022.