NEW DELHI: A dozen companies, including state-run Bharat Heavy Electricals Ltd (Bhel) and the Indian entity of Korean automaker Kia Motors, will be excluded from the production-linked incentive (PLI) scheme for automobiles and auto components, two people aware of the matter said, since these companies have made no investments under the scheme since it was launched in 2021.
Some of these companies, including Kia India Pvt. Ltd, have themselves shown their intent to relinquish benefits under the scheme as their initial plans for manufacturing under the scheme have not taken concrete shape, the persons said on the condition of anonymity.
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Denne historien er fra December 23, 2024-utgaven av Hindustan Times Haryana.
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Akash Deep keeping it simple, with doses of Bumrah wisdom
It's when you watch the India nets from a vantage point that you truly realise how different a ball bowled at the same pace and place can be.
Tiger and Charlie hit five straight birdies, share lead
Tiger Woods and 15-year-old son Charlie ran off five straight birdies on the back nine for a 13-under 59 in the scramble format, giving them a share of the lead in the PNC Championship in Woods' first competition since back surgery in September.
Big win for Liverpool, Everton hold Chelsea
Liverpool extended their lead at the top of the Premier League with a dominant but chaotic 6-3 win at Tottenham Hotspur on Sunday thanks to doubles from Luis Diaz and Mohamed Salah.
Smriti, Renuka sparkle as India crush WI by 211 runs
The opener's 91 helps pile on the runs in 1st ODI before Renuka's fifer bundles out WI
Lenders auction more gold as Reserve Bank steps up scrutiny
Companies lending against gold are auctioning the collateral in higher quantities to recover stressed loans, at a time of rising regulatory scrutiny over the sector.
DAMANI NIXES BAT PICK FOR CHAIR OF VST INDUSTRIES
Top billionaire investor and D-Mart promoter Radhakishan Damani opposed the candidate for chairmanship proposed by British American Tobacco (BAT) for its Indian unit VST Industries Ltd, leading to his rejection at a shareholder vote, according to voting disclosures and an executive privy to the development.
GOVT TO INFUSE ₹500 CR IN IFCI TO IMPROVE ITS FINANCIAL HEALTH
The government has decided to infuse ₹500 crore capital in state-owned IFCI to improve its financial health ahead of the company's proposed restructuring and consolidation into a group.
Dozen auto firms set to be excluded from PLI scheme
These automobile companies have not been able to start investing as planned
Apex auto tester looks to accelerate to green lane
India's primary vehicle research and testing body plans to expand facilities that are focused on so-called new energy vehicles, seeking to keep pace with the government's rapidly accelerating green mobility drive.
Trudeau under fire; liberals eye Freeland
Pressure continues to mount on Canadian Prime Minister Justin Trudeau to quit, even as a movement is afoot within the ruling Liberal Party caucus for him to be replaced by Chrystia Freeland, who was Deputy PM and Finance Minister till her bombshell resignation, on Monday.
