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Indian Coal Import Reaches a Record Breaking 268MT in FY24

Monday, May 13, 2024

In FY24, India's coal imports witnessed a 7.7 percent increase, reaching 268.24 million tonnes (MT), primarily driven by favorable seaborne prices and anticipated growth in power demand during the summer. This marked a rise from 249.06 MT...


Ashok Leyland to Introduce Six New Vehicles to Compete in LCV Space

Monday, May 06, 2024

Ashok Leyland, the main company under the Hinduja Group, plans to introduce six new light commercial vehicles (LCVs) weighing between 2 to 3.5 tonnes over the next year. This initiative aims to boost their LCV market share from the current 20% to...

India's Manufacturing Sees Highest Growth in Three and Half Years

Saturday, May 04, 2024

In April, India's manufacturing sector experienced a slight moderation in growth but remained robust, marking the second-best improvement in operating conditions in three-and-a-half years. According to the seasonally adjusted HSBC India...

Maiva Pharma Secures Capital to Establish New Manufacturing Unit

Friday, May 03, 2024

Maiva Pharma announced on Thursday that it has secured Rs 1,000 crore in funding from Morgan Stanley Private Equity Asia and India Life Sciences Fund. The investment comprises both primary and secondary funding, according to the Bengaluru-based in...

India's Reliance Corporation Starts Trading Oil in Brent Index

Friday, May 03, 2024

Reliance Industries, India's leading conglomerate and operator of the world's largest refining complex, has entered into trading a type of U.S. crude oil that influences the global Brent benchmark. This move marks Reliance's first venture into...


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