‘Plan to boost electronics manufacturing on anvil’

Role in global value chain is key: Min To make India a global electronics export and manufacturing hub, the focus has to be on building scale and exports through participation in global value chains (GVCs) by ‘lead’ firms and their tier 1, 2 and 3 manufacturers, Minister of State for Electronics & IT Rajeev Chandrasekhar said on Tuesday. GVCs are […]

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Air India finds a new address: Chronology of Air India privatisation

Jehangir Ratanji Dadabhoy (JRD) Tata founded the airline in 1932 and named it Tata Airlines After more than two decades and three attempts, the government has finally sold its flagship national carrier Air India, and it is deja vu for Maharaja as it returned home to its founding father the Tata group. Jehangir Ratanji Dadabhoy (JRD) Tata founded the airline […]

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Zee Entertainment moves NCLAT against minority shareholders' requisition for EGM

Zee Entertainment Enterprises Ltd on Wednesday approached the National Company Law Appellate Tribunal (NCLAT) against the requisition of minority shareholders Invesco and OFI Global China Fund to convene an Extraordinary General Meeting (EGM) to discuss various issues, including removal of Managing Director Punit Goenka. The media major has challenged the orders of Mumbai-bench of the National Company Law Tribunal, which […]

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HDFC Bank inks pact with Paytm to ramp up credit card issuance

Looking to regain lost ground in the credit cards segment, HDFC Bank on September 20 announced a tie-up with leading payments company Paytm to start selling co-branded plastics before the onset of the festive season. The credit cards will be powered by Visa and will include offerings targeted at millennials, business owners and merchants, an official statement said. Paytm has […]

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Patent fees for all educational institutions reduced by 80%

This benefit was earlier available to all recognised educational institutions owned by the government The government on Thursday said patent fees for all educational institutions has been reduced by 80%, a move aimed at promoting innovation and development of new technologies. This benefit was earlier available to all recognised educational institutions owned by the government. The Commerce and Industry Ministry […]

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Adani takes on Ambani, to invest $20 billion in renewable energy; make foray into hydrogen

The Adani Group chairman said the USD 20 billion investment will be in renewable energy generation, component manufacturing, transmission and distribution. Unveiling his infrastructure conglomerate’s green vision, billionaire Gautam Adani on Tuesday said his group will invest USD 20 billion over the next ten years in renewable energy generation and component manufacturing and will produce the world’s cheapest green electron. […]

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