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Business Standard

Fire at Tata's plant unlikely to affect supplies for 3 months

Tata Electronics has suspended production of iPhone 15 and iPhone 16 cases following a fire, though supplies will not be impacted as enough stocks are available for next three months, sources aware of the development said on Monday.

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1 min  |
October 01, 2024
STPI shifts focus to tech startups, GCCs
Business Standard

STPI shifts focus to tech startups, GCCs

10 parks in Tier-ll, -lll cities to be operational soon

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1 min  |
October 01, 2024
Tata to make wheeled armoured vehicles in Morocco
Business Standard

Tata to make wheeled armoured vehicles in Morocco

Tata Advanced Systems Limited (TASL) on Monday announced a strategic agreement with Morocco's Royal Armed Forces for locally assembling wheeled armoured platforms (WhaP 8x8) in its defence manufacturing unit in Casablanca, Morocco.

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2 mins  |
October 01, 2024
Care shareholders approve Saluja's reappointment
Business Standard

Care shareholders approve Saluja's reappointment

The shareholders of Care Health Insurance, an unlisted subsidiary of Religare Enterprises, on Monday cleared the reappointment of Rashmi Saluja as a director of the company with a comfortable majority.

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1 min  |
October 01, 2024
Business Standard

Mkts log biggest fall in 2 mths

Fears of flow rotations from India to China, West Asia tensions trigger selloff

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2 mins  |
October 01, 2024
"May retaliate if Asean non-trade barriers persist'
Business Standard

"May retaliate if Asean non-trade barriers persist'

Goyal says e-commerce policy likely by FY25-end

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2 mins  |
October 01, 2024
Business Standard

Sebi board okays new asset class, MF Lite rules

Doesn't discuss charges against Buch, takes up staff protest

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1 min  |
October 01, 2024
Al At Work For Governance
Business Standard

Al At Work For Governance

The first of a three-part series reports on how ministries – from coal to telecom – are using AI to up the game

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3 mins  |
September 30, 2024
AEL arm to harness the sun, make solar parts at Mundra
Business Standard

AEL arm to harness the sun, make solar parts at Mundra

Adani New Industries (ANIL), the green energy components manufacturing arm of Adani Enterprises (AEL), is setting up facilities to produce solar glass, aluminium frames, and backsheets - key parts for its existing solar cell and module manufacturing. French energy giant TotalEnergies holds a 25 per cent equity stake in ANIL, with AEL being the majority owner.

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2 mins  |
September 30, 2024
Business Standard

Smartphones beat diamonds in exports to US

Nearly 50% of India's FY24 outbound iPhone shipments went to US

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2 mins  |
September 30, 2024
Business Standard

EMIs, discounts: Luxury car majors switch to festive gear

From attractive EMIs to assured buyback guarantees, luxury carmakers have lined up a slew of offers to woo customers this festival season to address dwindling sales amid rising inventories.

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2 mins  |
September 30, 2024
Tata Electronics to hire 20K in Hosur: Chandra
Business Standard

Tata Electronics to hire 20K in Hosur: Chandra

Tata Electronics is set to hire more than 20,000 people at its new iPhone assembly plant in Hosur soon, bringing the total number of employees at the facility to 40,000, said N Chandrasekaran (pictured), Chairman of Tata Sons, at an event in Tamil Nadu on Saturday.

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1 min  |
September 30, 2024
Felt like a bomb blast, say locals after blaze at Tata's Hosur plant
Business Standard

Felt like a bomb blast, say locals after blaze at Tata's Hosur plant

Operations and production line disrupted at the iPhone component making unit

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3 mins  |
September 30, 2024
Smart plans, rising use-cases drive small UPI players' growth
Business Standard

Smart plans, rising use-cases drive small UPI players' growth

Unified Payments Interface (UPI) in India is witnessing a significant shift.

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3 mins  |
September 30, 2024
Tata-JLR unit to steer India's luxury car export journey
Business Standard

Tata-JLR unit to steer India's luxury car export journey

Tata Motors has commenced construction of its new ₹9,000 crore plant in Tamil Nadu, which will also manufacture the next generation of Jaguar Land Rover (JLR) vehicles.

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1 min  |
September 30, 2024
Business Standard

Tata Sons to buy 13% stake in auto parts arm

Tata Sons, the holding company of Tata Group, plans to acquire a 12.65 per cent stake in Tata AutoComp Systems (Taco) for ₹2,122 crore from Tata Capital at an equity valuation of ₹16,800 crore, according to Tata Capital's filings.

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1 min  |
September 30, 2024
HUL faces tough challenge from small FMCG firms
Business Standard

HUL faces tough challenge from small FMCG firms

Company has been losing out in the soap segment, say analysts

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2 mins  |
September 30, 2024
L&T eyes up to ₹40000 cr in pre-sales from realty business
Business Standard

L&T eyes up to ₹40000 cr in pre-sales from realty business

Buoyed by regulatory overhaul and infrastructure boom, engineering conglomerate Larsen & Toubro (L&T) has identified realty business as one of its growth engines for the next 10 years and plans to acquire land parcels while expanding pre-sales, said a senior company executive.

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2 mins  |
September 30, 2024
Mechanism to curb GST fraud in ITC claims expected in Nov
Business Standard

Mechanism to curb GST fraud in ITC claims expected in Nov

The Union Ministry of Finance is working to develop a mechanism to check fraudulent input tax credit (ITC) claims for goods and services tax (GST) paid under the reverse charge mechanism (RCM), according to a senior government official familiar with the matter.

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2 mins  |
September 30, 2024
ELI schemes may favour big firms, LabourMin told
Business Standard

ELI schemes may favour big firms, LabourMin told

Employer bodies share concern as part of stakeholder meet with govt

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2 mins  |
September 30, 2024
PM talks Swachh Bharat success stories to mark 10 yrs of Mann Ki Baat
Business Standard

PM talks Swachh Bharat success stories to mark 10 yrs of Mann Ki Baat

Prime Minister Narendra Modi's (pictured) radio broadcast, Mann Ki Baat, marked its 10th year on Sunday with its 114th episode.

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1 min  |
September 30, 2024
Centre may ease public sourcing for some sectors
Business Standard

Centre may ease public sourcing for some sectors

Investments under PLI may hit ₹2 trn by next year, says Goyal

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2 mins  |
September 30, 2024
Govt looks to hit rice trade sweet spot with weekend moves
Business Standard

Govt looks to hit rice trade sweet spot with weekend moves

Export of white rice allowed at minimum export price of $490 per tonne; export duty on parboiled rice cut from 20% to 10%

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3 mins  |
September 30, 2024
Luxury carmakers look to rev up sales
Business Standard

Luxury carmakers look to rev up sales

The luxury car market in India currently accounts for less than 2 per cent of the overall passenger vehicle market in the country.

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2 mins  |
September 30, 2024
Business Standard

Govt plans 3 Bills to implement 'one nation, one election'

The government is likely to bring three Bills, including two to amend the Constitution, to put in place its plan to hold simultaneous elections.

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1 min  |
September 30, 2024
Business Standard

PSBs hire apprentices to boost rural outreach

Several public sector banks are hiring apprentices for the first time through their apprenticeship programmes to improve customer relations in semi-urban and rural areas, amid a gradual decline in the workforce over the years.

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2 mins  |
September 30, 2024
Business Standard

EOUS struggle with new IGCRS e-process

Throughout last week, export-oriented units (EOUs) were struggling through various processes involved in importing their goods under the Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022 (IGCRS Rules).

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2 mins  |
September 30, 2024
Business Standard

Adani Solar to boost capacity to 10 Gw

\"In solar glass, there are only a few players, but not at the scale we desire.

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2 mins  |
September 30, 2024
Many facets of DMK's rising son, beyond controversies
Business Standard

Many facets of DMK's rising son, beyond controversies

He is a champion of Dravidian ideals, Tamil cinema mogul and more, SHINE JACOB reports

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3 mins  |
September 30, 2024
POPULISM TAKES POLL POSITION
Business Standard

POPULISM TAKES POLL POSITION

As Assembly elections in Haryana and Jammu & Kashmir draw to a close this week, political parties lure voters with populist measures. While SHIKHA CHATURVEDI looks at promises to boost economic growth and social welfare in Haryana, SAMREEN WANI explores similar pledges in J&K where unemployment is on the rise

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2 mins  |
September 30, 2024