Commerce & Industry
Commerce & Industry
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 AnzariDiscussions 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 AnzariAccording 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 AnzariNoel 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 AnzariIndia 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 AnzariIndia’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 AnzariSummary 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 AnzariThe 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 AnzariThe 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 AnzariThe 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 AnzariDiscussions 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 AnzariAccording 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 AnzariNoel 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 AnzariIndia 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 AnzariIndia’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 AnzariSummary 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 AnzariThe 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 AnzariHighlights 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 NarayanIn 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 AnzariIndia'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 AnzariReserve 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 AnzariHighlights 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 NarayanThe 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 AnzariSweden’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 AnzariVoting 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 AnzariHighlights 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.
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
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,
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
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.
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
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
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