Mumbai | New Delhi: Even as Europe has emerged as the largest export destination for Indian auto component makers ahead of the US, manufacturers expect the proposed free trade agreement with the European Union-set to be signed this week-to accelerate technology transfers, joint ventures and exports. The country’s largest-ever FTA is expected to boost shipments […]
The upcoming Union Budget is expected to maintain continuity in the government’s capital expenditure (capex) push, even as policymakers operate within a constrained fiscal and policy environment, according to a budget preview report by HSBC Mutual Fund. A capex expenditure worth ₹11.21 lakh crore (or 3.1 per cent of GDP) was earmarked in 2025-26, rising […]
California Water Service Group (NYSE:CWT) is included among the 14 Best Mid-Cap Dividend Stocks to Buy Now. California Water Service (CWT) Moves to Take Full Control of BVRT in Texas Expansion Push On January 8, California Water Service Group (NYSE:CWT), which already owns a majority stake in BVRT Utility Holding Company LLC (BVRT) through its subsidiary […]
Real estate experts have suggested that Budget 2026 introduce a housing credit passport, a consent-based digital snapshot of a home loan borrower’s financial profile. They say it could significantly cut loan approval timelines and improve ease of doing business in the housing sector Real estate experts have suggested that Budget 2026 introduce a housing credit […]
BMW AG will unveil three new electric cars in India as the German carmaker looks to grow its already dominant share of the luxury segment in the world’s third-largest auto market. BMW India CEO Hardeep Singh Brar. BMW’s most popular car is the locally assembled iX1, an electric SUV which retails for about ₹50 lakh, […]
Infosys Ltd. has expanded its strategic collaboration with Amazon Web Services (AWS), integrating its Topaz suite with Amazon’s Q Developer to accelerate generative AI adoption for enterprise clients. The move marks the latest salvo in an escalating AI arms race among India’s $250 billion IT services sector as it seeks to counter slowing legacy growth […]
Samvardhana Motherson International Ltd. (SAMIL) has secured government incentives to manufacture consumer electronics parts, in what can be seen as diversification by one of India’s auto components manufacturers. India’s Electronic Component Manufacturing Scheme incentivises the domestic production of PCBs, camera modules, and enclosures. (Bloomberg) Motherson Electronic Components Pvt. Ltd., a wholly owned unit, has secured […]
India’s state-backed telecom operator Bharat Sanchar Nigam Ltd. has launched nationwide WiFi calling services, stepping up efforts to retain subscribers and modernise its network against private sector heavyweights. BSNL had 9.25 mobile subscribers and 44.2 lakh wired broadband subscribers in October 2025. (HT) The new service, effective 1 January 2026, allows users across all telecom […]
Coforge Ltd. has agreed to acquire Encora Inc., a Silicon Valley-based software engineering firm, at an enterprise valuation of $2.35 billion, betting on the surging demand for AI-driven technology services. Coforge CEO Sudhir Singh. (AI Image/Handout) The Coforge-Encora acquisition deal will be funded through a preferential allotment of equity shares valued at approx. $1.89 billion. […]
IKEA, the Swedish home furnishings retailer, has announced its entry into Goa through online deliveries. Starting December 16, customers can shop from a range of over 6,400 products via the IKEA app, the IKEA.in website, or shop-by-phone assistance, the company said on December 15. IKEA, has announced its entry into Goa through online deliveries (Photo […]