Adani Group's Vizhinjam Port receives first mothership, puts India in world league

Thiruvananthapuram (IANS) Adani Group's Vizhinjam Port, India's first trans-shipment port near Kovalam Beach in Kerala, received its first mothership on Thursday. 

'San Fernando', a vessel of the world’s second-largest shipping…

TCS posts 9 pc jump in Q1, net profit at Rs 12,040 crore

Mumbai (IANS) Leading IT software services exporter Tata Consultancy Services (TCS) posted a net profit of Rs 12,040 crore for the April-June quarter of the current financial year (2024-25) which represents a 9 per cent increase over the same quarter…

PLI booster: Telecom equipment manufacturing sales cross Rs 50,000 crore

New Delhi (IANS) The telecom equipment manufacturing sales have crossed Rs 50,000 crore under the production-linked incentive (PLI) scheme, creating more than 17,800 direct jobs and many more indirect jobs, the government said on Wednesday. 

Within…

India to see 13-14 pc growth in warehousing logistics supply in FY25: Report

New Delhi (IANS) As the government focusses on making India a global manufacturing hub, industrial and warehouse logistics supply is projected to grow by 13-14 per cent year-on-year (YoY) in FY25 to nearly 424 million square feet (sq ft), a report…

Indian economy among the few where investment rates rose between 2015-2023: Report

New Delhi (IANS) The Indian economy is among the few in the region where investment rates rose between 2015 and 2023, a report showed on Monday. 

The broad narrative around the pick-up in the investment upcycle is that it is driven mostly by…

Maruti Suzuki 1st automaker to send 2 mn vehicles via Indian Railways towards 'green logistics'

New Delhi (IANS) In a bid to help the government towards its net zero emissions target by 2070, Maruti Suzuki India on Monday said it surpassed 2 million cumulative vehicle dispatches using Railways as part of its ‘green logistics’ goals. 

The…

India's security market expected to exceed $15 bn by 2029: Industry experts

New Delhi (IANS) India's security market, with biometrics and surveillance emerging as major segments, is predicted to surpass $15 billion by 2029, industry officials said. 

Speaking at the Security and Fire Expo organised by Informa Markets…

Mobile tariff hike: Centre responds to misleading claims

New Delhi (IANS) The government has responded to misleading claims regarding recent mobile services tariff hike, saying with three private and one public sector players, the current mobile services market operates through the market forces of demand…

Govt tells auto firms to liberalise repair services for consumers’ benefit

New Delhi (IANS) The Centre’s Department of Consumer Affairs has asked automobile manufacturers to enhance efforts towards democratisation of repair manuals and videos accessible to all, fostering a robust ecosystem for third-party repair services…

FM Sitharaman to present Union Budget on July 23

New Delhi (IANS) Finance Minister Nirmala Sitharaman will present the Union Budget 2024-25 on July 23, Parliamentary Affairs Minister Kiren Rijiju announced on Saturday. 

The Budget Session of Parliament will start on July 22 and extend till…