Govt shelves move to curb laptop imports

New Delhi (IANS) The government is rolling back its plan to restrict laptop imports, months after suddenly announcing the move to introduce a licence system which was aimed at boosting domestic production but had drawn flak from industry as an interference…

Maruti Suzuki starts shipping out Jimny 5-Door SUV

Chennai (IANS) Passenger car major Maruti Suzuki India Ltd announced on Wednesday that it has commenced exports of sport utility vehicle (SUV) Jimny 5-Door.

The vehicle will be shipped to destinations including Latin America, Middle East and…

Infosys logs Rs 6,212 cr profit for Q2, declares interim dividend of Rs 18

Chennai (IANS) Information technology (IT) major Infosys announced on Thursday that it closed the second quarter of FY24 with higher revenue and net profit.

The company said the Board of Directors has approved payment of interim dividend of…

HPL to invest Rs 3,000 crore in West Bengal

Kolkata (IANS) Haldia Petrochemical Limited (HPL), on Thursday, has claimed that it will be making a fresh investment of Rs 3,000 crore in the chemicals sector in West Bengal by setting up new factories at Haldia in East Midnapore district.

According…

India's industrial output surged to 14-month high of 10.3% in Aug

New Delhi (IANS) India's industrial output rose to a 14-month high of 10.3 per cent in August, the data released by the National Statistics Office on Thursday showed.

While the high growth is showing up in comparison to a very low base…

Cabinet likely to amend MMDR Act to introduce royalty rates for lithium, rare earth minerals

New Delhi (IANS) The Central government is likely to amend the Mines and Minerals (Development and Regulation) Act, to fix royalty rates for lithium, niobium and rare earth minerals.

According to sources, the Union Cabinet is likely to clear…

French brand Thomson set to launch laptops across price points in India in early 2024

New Delhi (IANS) After making a splash in the Indian TV market, French consumer electronics brand Thomson is geared up to launch a series of laptops across price points in the domestic market in the first quarter of 2024, a top company executive said…

PURE EV launches ePluto 7G MAX with 201 km range

New Delhi (IANS) PURE EV has launched new electric scooter -- ePluto 7G MAX with an ultra-long range of 201 km per charge and with MAX boasts features such as HillStart Assist, DownHill Assist, Coasting Regen, Reverse Mode, Smart AI for Battery Longevity…

Global TWS market slips 2%, entry-level devices help Indian brands grow

New Delhi (IANS) The global true wireless stereo (TWS) earphone market’s unit sales slipped only 2 per cent (year-on-year) in the first half of this year, as entry-level (less than $50) segment continued to grow across emerging markets, primarily…

IMF raises India’s GDP growth forecast, cuts China’s

New Delhi (IANS) The International Monetary Fund (IMF) has raised its 2023-24 GDP growth forecast for India to 6.3 per cent on the back of strong consumption demand, while the multilateral lending agency cut China’s growth rate to 5 per cent.