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Commerce & Industry   -   Oct 18, 2024 Government to Sell 5% Stake in Cochin Shipyard
Government to Sell 5% Stake in Cochin Shipyard

The government announced its plan to sell up to a 5% stake in Cochin Shipyard through an Offer for Sale (OFS) aimed at raising approximately $244 million (Rs 2,026 crore). The sale will begin on Wednesday for non-retail investors and will open to retail investors on Thursday, with a

by Amal Anzari
News   -   Oct 18, 2024 India-China to Resume Direct Flights
India-China to Resume Direct Flights

Discussions have intensified over resuming direct passenger flights between India and China, with the Chinese government eager to restart operations. Officials have revealed that another meeting has been requested by China to negotiate a fresh proposal aimed at enhancing bilateral ties. On September 12, Indian Civil Aviation Minister K. Rammohan

by Amal Anzari
Commerce & Industry   -   Oct 18, 2024 Automotive Sector Sees $1.9 Billion Investments in Q3
Automotive Sector Sees $1.9 Billion Investments in Q3

According to a report by Grant Thorton, investments in the Indian automotive industry surged in Q3 of CY 24 amounting to $1.9 billion in valuation, driven by mergers and acquisitions, private equity, initial public offerings, and qualified institutional placements. The report also suggests a 30% growth in deal values

by Amal Anzari
Commerce & Industry   -   Oct 18, 2024 Noel Tata Elected Chairman of Tata Trusts
Noel Tata Elected Chairman of Tata Trusts

Noel Tata, half-brother of the late Ratan Tata, has been unanimously elected chairman of Tata Trusts after the passing of the industrialist on 9 October at the age of 86. Already a key trustee of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust, Noel Tata will now

by Amal Anzari
Economy   -   Oct 16, 2024 India-Russia Relations: A Long-Standing Partnership
India-Russia Relations: A Long-Standing Partnership

India and Russia’s long-standing partnership is marked by deepening energy, trade, and defence ties. Bilateral trade surged to $65.7 billion, with growing collaboration in emerging sectors like renewable energy and advanced technology.

by Amal Anzari
Commerce & Industry   -   Oct 14, 2024 India’s Aviation Growth Story
India’s Aviation Growth Story

India’s aviation market is expanding, with growth in fleet size, and MRO capabilities. However, high fuel taxes and the need for greater investment in local MRO facilities pose ongoing challenges.

by Amal Anzari
In-Depth   -   Oct 11, 2024 India-ASEAN Relations Under PM Modi's Third Term
India-ASEAN Relations Under PM Modi's Third Term

Summary of major developments, initiatives, and partnerships as outward looking India continues to strengthen its ties with ASEAN nations during Prime Minister Narendra Modi's third term.

by Amal Anzari
News   -   Oct 09, 2024 Shipping ministry sets cargo space rules for international lines
Shipping ministry sets cargo space rules for international lines

The Shipping Ministry is finalising regulations requiring international container lines operating in Indian waters to reserve at least 5% of their cargo space for domestic operators. Additionally, vessel-sharing agreements among container lines must also ensure a 5% reservation for domestic cargo movement. These new rules aim to strengthen business for

by Amal Anzari
Government to Sell 5% Stake in Cochin Shipyard
Commerce & Industry   -   Oct 18, 2024 Government to Sell 5% Stake in Cochin Shipyard

The government announced its plan to sell up to a 5% stake in Cochin Shipyard through an Offer for Sale (OFS) aimed at raising approximately $244 million (Rs 2,026 crore). The sale will begin on Wednesday for non-retail investors and will open to retail investors on Thursday, with a

by Amal Anzari
Commerce & Industry Articles 35 Articles
Commerce & Industry   -   Oct 18, 2024 Government to Sell 5% Stake in Cochin Shipyard
Government to Sell 5% Stake in Cochin Shipyard

The government announced its plan to sell up to a 5% stake in Cochin Shipyard through an Offer for Sale (OFS) aimed at raising approximately $244 million (Rs 2,026 crore). The sale will begin on Wednesday for non-retail investors and will open to retail investors on Thursday, with a

by Amal Anzari
News   -   Oct 18, 2024 India-China to Resume Direct Flights
India-China to Resume Direct Flights

Discussions have intensified over resuming direct passenger flights between India and China, with the Chinese government eager to restart operations. Officials have revealed that another meeting has been requested by China to negotiate a fresh proposal aimed at enhancing bilateral ties. On September 12, Indian Civil Aviation Minister K. Rammohan

by Amal Anzari
Commerce & Industry   -   Oct 18, 2024 Automotive Sector Sees $1.9 Billion Investments in Q3
Automotive Sector Sees $1.9 Billion Investments in Q3

According to a report by Grant Thorton, investments in the Indian automotive industry surged in Q3 of CY 24 amounting to $1.9 billion in valuation, driven by mergers and acquisitions, private equity, initial public offerings, and qualified institutional placements. The report also suggests a 30% growth in deal values

by Amal Anzari
Commerce & Industry   -   Oct 18, 2024 Noel Tata Elected Chairman of Tata Trusts
Noel Tata Elected Chairman of Tata Trusts

Noel Tata, half-brother of the late Ratan Tata, has been unanimously elected chairman of Tata Trusts after the passing of the industrialist on 9 October at the age of 86. Already a key trustee of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust, Noel Tata will now

by Amal Anzari
Economy   -   Oct 16, 2024 India-Russia Relations: A Long-Standing Partnership
India-Russia Relations: A Long-Standing Partnership

India and Russia’s long-standing partnership is marked by deepening energy, trade, and defence ties. Bilateral trade surged to $65.7 billion, with growing collaboration in emerging sectors like renewable energy and advanced technology.

by Amal Anzari
Commerce & Industry   -   Oct 14, 2024 India’s Aviation Growth Story
India’s Aviation Growth Story

India’s aviation market is expanding, with growth in fleet size, and MRO capabilities. However, high fuel taxes and the need for greater investment in local MRO facilities pose ongoing challenges.

by Amal Anzari
In-Depth   -   Oct 11, 2024 India-ASEAN Relations Under PM Modi's Third Term
India-ASEAN Relations Under PM Modi's Third Term

Summary of major developments, initiatives, and partnerships as outward looking India continues to strengthen its ties with ASEAN nations during Prime Minister Narendra Modi's third term.

by Amal Anzari
News   -   Oct 09, 2024 Shipping ministry sets cargo space rules for international lines
Shipping ministry sets cargo space rules for international lines

The Shipping Ministry is finalising regulations requiring international container lines operating in Indian waters to reserve at least 5% of their cargo space for domestic operators. Additionally, vessel-sharing agreements among container lines must also ensure a 5% reservation for domestic cargo movement. These new rules aim to strengthen business for

by Amal Anzari
Latest Articles 8 Articles
Morning Briefing   -   Nov 15, 2024 Commerce Minister Calls for Repo Rate Cut
Commerce Minister Calls for Repo Rate Cut

Highlights include conflicting views on the repo rate cut, the Reliance-Disney merger, ISRO's proposal to Mexico and views from columnists on the violence in Manipur.

by Daanish Narayan
News   -   Nov 14, 2024 Seaplanes to Connect Remote India: Aviation Minister Eyes North East
Seaplanes to Connect Remote India: Aviation Minister Eyes North East

In line with Prime Minister Narendra Modi's vision to expand national connectivity, Civil Aviation Minister Kinjarapu Rammohan Naidu announced plans to introduce seaplanes to reach remote areas across India, including the North East. During an aviation conference at Meghalaya’s Umiam Lake, Naidu took a test ride on

by Amal Anzari
News   -   Nov 14, 2024 India’s October Exports Surge by 17%
India’s October Exports Surge by 17%

India's goods exports rose by 17.25% to $39.2 billion in October, marking the highest monthly tally in recent times, while imports reached $66.34 billion, a 3.9% increase from last year. From April to October, non-petroleum exports set a new high at $211.3 billion,

by Amal Anzari
News   -   Nov 14, 2024 RBI Governor Affirms Resilient Indian Economy Amid Global Challenges
RBI Governor Affirms Resilient Indian Economy Amid Global Challenges

Reserve Bank of India (RBI) Governor Shaktikanta Das shared an optimistic view on India's economic resilience, despite global challenges like inflation and geopolitical tensions. Das highlighted the RBI’s measures, including a robust regulatory framework and responsive policy shifts, to address emerging risks. He pointed to improved inflation

by Amal Anzari
Morning Briefing   -   Nov 14, 2024 First Phase of Voting Completed in State Elections
First Phase of Voting Completed in State Elections

Highlights include the inauguration of projects by the PM, India's push for nuclear power, the rise in renewable energy capacity and views from columnists on the Maharashtra state elections.

by Daanish Narayan
News   -   Nov 13, 2024 US Leads in Indian Engineering Exports; UAE, Saudi Arabia Follow
US Leads in Indian Engineering Exports; UAE, Saudi Arabia Follow

The United States remains the top importer of Indian engineering goods, purchasing $9.3 billion (up 6.2%) from April to September, according to data from the Engineering Export Promotion Council (EEPC). The United Arab Emirates (UAE), benefitting from a Free Trade Agreement with India, secured the second spot with

by Amal Anzari
News   -   Nov 13, 2024 Swedish Firms Eye Tamil Nadu for Expansion, IKEA Among Four Exploring New Ventures
Swedish Firms Eye Tamil Nadu for Expansion, IKEA Among Four Exploring New Ventures

Sweden’s Ambassador to India, Jan Thesleff, announced that four Swedish companies, including IKEA, are considering establishing bases in Tamil Nadu. Currently, 70 Swedish firms operate in the State, employing around 25,000 people. Other Swedish companies, such as Scandinavian Robot Systems in Chennai and Jacobi in Coimbatore, will open

by Amal Anzari
News   -   Nov 13, 2024 By-Elections Witness High Voter Turnout Across Multiple States
By-Elections Witness High Voter Turnout Across Multiple States

Voting concluded for 31 Assembly seats across 10 states, with significant voter turnout. Kerala’s Wayanad Lok Sabha bypoll, featuring Priyanka Gandhi Vadra’s debut, recorded 64.27% turnout, lower than the previous 72.92%. Rajasthan's seven Assembly constituencies saw a turnout of 64.82%. Karnataka recorded the

by Amal Anzari
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