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New Delhi [India], October 25 (ANI): Union Minister of Commerce and Industry Piyush Goyal met Anne-Laure Parrical de Chammard, Member of the Executive Board of Siemens Energy, in Berlin to explore ways to enhance cooperation in developing reliable, affordable and sustainable energy systems. The discussions underlined India's consistent focus on clean energy and its commitment to global partnerships that support the nation's transition towards a low-emission and sustainable future. Sharing detai ...Read More >
In Berlin, Piyush Goyal met with EU Commissioner Dombrovskis to address outstanding issues in the India-EU Free Trade Agreement, aiming for a year-end deal.Source : PTI New Delhi, Oct 24 (IANS) Commerce and Industry Minister Piyush Goyal on Friday held a discussion with EU Commissioner for Economy and Productivity V Dombrovskis in Berlin on outstanding issues in the India-EU Free Trade Agreement in order to enable the two sides to reach a balanced and mutually beneficial trade deal by the year- ...Read More >
BHUBANESWAR: Vedanta chairman Anil Agarwal has approached Odisha Chief Minister Mohan Charan Majhi to seek support in fast-tracking clearances and accelerating the implementation of the company's ambitious USD 20-billion aluminium project. Vedanta has already committed Rs 1.27 lakh crore investment for a 3 million tonne per annum (MTPA) aluminium smelter in Dhenkanal district and Rs 1 lakh crore investment for a 6 MTPA refinery in Rayagada district. In a letter to the chief minister, Agarwal s ...Read More >
New Delhi, Oct 1 (PTI) India will not only attract USD 100 billion committed investments from the four-nation EFTA bloc under a trade agreement, but also look at an additional USD 150 billion, Commerce and Industry Minister Piyush Goyal said on Wednesday. He said that huge opportunities are there for companies from these four countries to invest in India. Under the India-EFTA trade and economic partnership agreement (TEPA), New Delhi has received a commitment of USD 100 billion FDI from EFTA o ...Read More >
A three-year safeguard duty on steel imports, initiated by DGTR due to increased imports and declining domestic profits, faces strong opposition. GTRI's report suggests this duty could negatively impact auto, engineering, and construction sectors by raising input costs. Stakeholders argue that the duty will harm export competitiveness and create sourcing challenges, despite domestic steelmakers' profitability. The three-year safeguard duty on steel imports by Directorate General of Trade Remedi ...Read More >
New Delhi, Aug 4 (PTI) Shares of ABB India plunged by more than 6 per cent on Monday after the electrification and automation major company posted a 20 per cent fall in net profit to Rs 352 crore in the June quarter. The scrip of the company dived 6.42 per cent to trade at Rs 5,051.05 apiece on the NSE. On the BSE, the stock of ABB India's declined 6.2 per cent to trade at Rs 5,054 per piece. The market is trading in the positive territory. The 30-share BSE Sensex climbed 281.59 points or 0.3 ...Read More >
Bengaluru : Tata Steel UK today celebrates a historic milestone in its green transformation journey as Mr Natarajan Chandrasekaran, Chairman of Tata Steel and the Tata Group, joins government ministers at a groundbreaking event for the company's state-of-the-art Electric Arc Furnace (EAF) facility in Port Talbot. Mr Chandrasekaran will be joined by Tata Steel CEO and Managing Director T. V. Narendran and Tata Steel UK CEO Rajesh Nair, where they will officially break the ground with spades, mar ...Read More >
NewsVoir Bengaluru (Karnataka) [India], July 7: Upekkha, the India-US accelerator that has backed over 100 SaaS and AI startups, has announced VIBE 2025 (Vertical Intelligence & BEyond), the world's first summit dedicated exclusively to vertical AI. Scheduled for 10-11 July 2025 at The Leela Palace, Bengaluru, and co-hosted with SaaSBoomi, this two-day flagship event will showcase how AI can move from concept to real-world deployment within just 48 hours. "Walk in with a problem statement, wal ...Read More >
New Delhi, Dec 18 (PTI) Siemens Gamesa on Wednesday announced selling its power electronics business to ABB which includes assets in India for an undisclosed amount. The business designs and manufactures converters, inverters and control cabinets for wind, solar and storage industries, Siemens Energy said in a statement. The generators business of Gamesa Electric is not included in the agreement and remains with Siemens Gamesa, it said. "Siemens Gamesa has reached an agreement to sell its pow ...Read More >
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