Panaji, Apr 10 (PTI) As part of its plan to shift towards "green steel", a Vedanta group firm has said it is working on a solution to use hydrogen instead of coke in its manufacturing process so as to reduce carbon emissions. Vedanta's Sesa Goa Iron Ore Business said it is looking for a tie-up [...]
New Delhi, Apr 10 (PTI) Steel products maker Goodluck India will invest Rs 200 crore over the next two-three years to expand capacity, its Chairman and Managing Director (CMD) M C Garg said. BSE-listed Goodluck India has five manufacturing units at Sikandrabad (Uttar Pradesh) and one in Kutch (Gujarat) with a total installed capacity of [...]
New Delhi, Apr 10 (PTI) India is among one of the "priority markets" for the direct selling Swedish beauty brand Oriflame, where it expects to continue its double-digit growth over the next 3-5 years, a top company official has said. The company which sells cosmetic and wellness products in India also expects a double-digit growth [...]
New Delhi, Apr 10 (PTI) Global energy giant Shell will foray into retailing LNG for long-haul transportation like trucks, with its first filling station coming up in Gujarat this year as it bets big on the Indian gas market, a senior company official said. Shell operates a 5 million tonnes a year liquefied natural gas [...]
Aurangabad, Apr 10 (PTI) Maharashtra has recorded an all-time high sugar production of 132 lakh tonnes this year, state sugar commissioner Shekhar Gaikwad has claimed. But, despite the high production, there is less possibility of the sugar prices coming down, the official told PTI on Saturday while speaking about issues related to excess sugarcane production [...]
Jerusalem, Apr 10 (PTI) Agricultural officers from seven different states of India are on a fifteen-day tour of Israel to learn about new approaches and technologies in the sector that can add more value to the farmers.The 18 agricultural officers from Indo-Israel Centers of Excellence (CoE) are taking part in an extensive state course, “Managing [...]
New Delhi, Apr 10 (PTI) The government is working on an FAQ on taxation of cryptocurrencies, which will give a nuanced clarification on the applicability of income tax and GST on virtual digital assets, an official said. The set of Frequently Asked Questions (FAQ), which is being drafted by the Department of Economic Affairs (DEA), [...]
Putting behind the controversy around its co-founder Ashneer Grover, fintech startup BharatPe has posted record growth in the fiscal year ended March 31 and is on track to break even and list on stock exchanges in the next 18-24 months, its CEO Suhail Sameer said. In an interview with PTI, he said while the board [...]
New Delhi, Apr 10 (PTI) German luxury automotive group BMW is expecting a 'mega year' in India in 2022 having clocked 25 per cent rise in four-wheeler sales and 41 per cent jump in two-wheelers in the first quarter despite challenges of semiconductor shortage, war in Ukraine and shutdowns due to COVID-19 in China, according [...]
New Delhi, Apr 10 (PTI) In a boost to domestic manufacturing, one of the world's most energy dense batteries designed by a former Tesla engineer for a Bengaluru-based battery startup has been picked up by a European renewable energy company, Eren Groupe, for its storage applications, the startup's co-founder said on Sunday. The development has [...]
