New Merger Rules Involving Foreign Companies have been Announced: Details

New Merger Rules Involving Foreign Companies have been Announced: Details

The Ministry of Corporate Affairs (MCA) has made significant regulatory adjustments for corporations engaging in mergers and acquisitions, particularly those involving international organizations. According to the new regulations, any merger...

Indian Largest Supercomputer with 8 Exaflops to be Developed by Microsoft-backed G42

Indian Largest Supercomputer with 8 Exaflops to be Developed by Microsoft-backed G42

According to a senior corporate executive, Microsoft and Mubadala-backed G42 is slated to develop India's largest supercomputer, with eight exaflops of processing capacity that can do millions of trillions of floating-point operations per...

Congress Alleges that Sebi Chairperson's Husband Accepted Money from M&M

Congress Alleges that Sebi Chairperson's Husband Accepted Money from M&M

The Congress on Tuesday leveled new charges against Madhabi Puri Buch, chairman of the Securities and Exchange Board of India (Sebi), alleging that her husband Dhaval Buch earned Rs 4.78 million from Mahindra and...

HP Join Hands with Padget Electronics to Produce PCs in India under the PLI 2.0 program

HP Join Hands with Padget Electronics to Produce PCs in India under the PLI 2.0 program

According to a joint statement released, PC maker HP India is scheduled to sign a deal with Padget Electronics, a subsidiary of electronics contract manufacturer Dixon Technologies, to manufacture the company's laptops, desktops, and...

Workers' strike disrupts consumer durables production at Samsung's Chennai facility

Workers' strike disrupts consumer durables production at Samsung's Chennai facility

Consumer durable product production was hampered at Samsung's Chennai facility when about 900 manufacturing workers, or over half of the total staff, went on strike, according to industry sources. According to the source, workers at...

Apple supplier Jabil to set up a Rs 2,000 crore manufacturing factory in Tiruchirapalli

Apple supplier Jabil to set up a Rs 2,000 crore manufacturing factory in Tiruchirapalli

With an investment of Rs 2,000 crore, Jabil Inc., an American multinational contract manufacturer for Apple, would establish an electronics manufacturing facility in Tiruchirapalli, Tamil Nadu, generating employment for 5,000 people. After...

Delta Establishes Global R&D Center and India Headquarter in Bengaluru

Delta Establishes Global R&D Center and India Headquarter in Bengaluru

Bengaluru is now home to Delta's new global research and development (R&D) center and India headquarters. Delta is a prominent global provider of power management and Internet of Things (IoT)-based green solutions. Up to 3,000 managerial,...

Unlocking Supply Chain Excellence By Illuminating Expertise of Competent Consultants

Unlocking Supply Chain Excellence By Illuminating Expertise of Competent Consultants

Today, sourcing and procurement consultants undoubtedly play an imperative role in handholding businesses in optimizing their supply chain, reducing costs, and improving efficiency. These consultants bring forth the much needed knowledge to...

Apple Plans to Ship Made-in-India iPhone 16 Globally Soon After its Debut

Apple Plans to Ship Made-in-India iPhone 16 Globally Soon After its Debut

With a notable shift in manufacturing methods, Apple is prepared to introduce the iPhone 16 series on a global scale. As to a rumor, the new iPhones would be manufactured in India and made available for purchase internationally soon after the...

Tata Power Grants Local Suppliers with Contracts Worth 11,000 Crores

Tata Power Grants Local Suppliers with Contracts Worth 11,000 Crores

According to an official, local suppliers and contractors have been given contracts worth Rs 11,481 crore by Tata Power-led Odisha Discoms. Over the course of the last three years since taking over the state's electricity distribution...

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