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Hyderabad (Telangana) [India], July 12 (ANI): The Centre is trying to make available technology in three to four months to different private factories to ramp up rare earth magnets production in India, said Union Minister for Coal and Mines, G Kishan Reddy. "We used to be 100% dependent on China for permanent magnets of the rare earths. But recently, China has refused to supply. With this view, the Indian government is making efforts for permanent magnet manufacturing," Kishan Reddy told ANI. ...Read More >
Hyderabad (Telangana) [India], July 12 (ANI): The Centre is trying to make available technology in three to four months to different private factories to ramp up rare earth magnets production in India, said Union Minister for Coal and Mines, G Kishan Reddy. We used to be 100 dependent on China for permanent magnets of the rare earths. But recently, China has refused to supply. With this view, the Indian government is making efforts for permanent magnet manufacturing, Kishan Reddy told ANI. Our ...Read More >
Hyderabad (Telangana) [India], July 12 (ANI): The Centre is trying to make available technology in three to four months to different private factories to ramp up rare earth magnets production in India, said Union Minister for Coal and Mines, G Kishan Reddy. "We used to be 100% dependent on China for permanent magnets of the rare earths. But recently, China has refused to supply. With this view, the Indian government is making efforts for permanent magnet manufacturing," Kishan Reddy told ANI. ...Read More >
New Delhi [India], July 11 (ANI): Pankaj Mohindroo, Chairman of India Cellular and Electronics Association (ICEA), welcomed the central government initiatives to ramp up rare earth magnets production in India, particularly the incentives the latter is earmarking for. ICEA is the apex industry body representing the entire electronics sector. 'We are extremely excited, although this will make set up capacities in the longer run, but the intention is very good and I think it is very timely becaus ...Read More >
New Delhi [India], July 11 (ANI): The central government has earmarked Rs 1,345 crore to incentivise rare earth magnets production in India, aimed at building domestic capacity when there are reports of global short supply. 'Some progress is going on (on the rare earth magnet production front). We have already allocated Rs 1,345 crore (for subsidy). We are on course to select the manufacturers,' Minister for Heavy Industries HD Kumaraswamy told reporters at a press conference Friday. Heavy Ind ...Read More >
New Delhi, July 11: Amazon Prime Day sale 2025 will go live at midnight on July 12 and will continue till 11:59 PM on July 14. This 72-hour shopping event from Amazon will bring special discounts, deals, and exclusive offers for Amazon Prime members across India. Prime Members can expect a wide variety of products to be available at lowered prices as the Amazon Prime Day sale will be live for three days. Amazon is expected to introduce price cuts on smartphones, laptops, smart TVs, kitchen appl ...Read More >
Amazon Now In Delhi: Amazon has launched its 10-minute delivery service, Amazon Now, in India's capital city, expanding its footprint in the fast-growing quick commerce market. The ultra-fast service, which first debuted in Bengaluru late last year, is now live in select pin codes in Delhi. Encouraged by strong initial traction, the company plans to scale the offering further in the coming months. "Amazon has always focused on offering customers a wide selection with convenient and fast deliver ...Read More >
Hyderabad (Telangana) [India], July 3 (ANI): Union Minister G Kishan Reddy on Thursday said the central government is actively encouraging private companies to mine and explore critical minerals overseas and bring them back into the country to serve the needs of the domestic industry. "We are encouraging private companies to mine and explore critical minerals overseas. We are for Indian private companies mining overseas and bringing minerals back into India. We are actively encouraging them," R ...Read More >
New Delhi: Most states have enough electricity these days. Along with the UP government, many state governments are considering increasing the rates of electricity bills, which will prove to be a big blow for the common people as well as the professionals. In Haryana, adjacent to the capital Delhi, it has been announced to increase the price of electricity by 30 per cent. But now it is not necessary that you get an electricity connection. You can generate ample electricity at home even without ...Read More >
Mumbai: MARS Growth Capital has infused an additional $50 million in Infra.Market and extended the term of its existing financing of $100 million by five years as the building materials platform prepares for an initial public offering later this year. MARS, a joint venture between private credit firm Liquidity and MUFG Bank, has invested about $150 million in the IPO-bound company with this transaction, Infra.Market said in a statement on Monday. The first tranche of $100 million, which had ...Read More >
New Delhi, Jun 29 (PTI) Indian Auto industry representatives are yet to leave for China to expedite the import of rare earth magnets as the delegation is still awaiting a formal go-ahead from the Chinese commerce ministry for a meeting, as per industry sources. Around 40-50 industry executives have received visas last month, but are still awaiting a formal nod from the Chinese authorities for the meetings on the matter. Also Read | Bodoland Lottery Result Today, June 29, 2025: Assam State Lott ...Read More >
New Delhi, Jun 29 (PTI) Indian Auto industry representatives are yet to leave for China to expedite the import of rare earth magnets as the delegation is still awaiting a formal go-ahead from the Chinese commerce ministry for a meeting, as per industry sources. Around 40-50 industry executives have received visas last month, but are still awaiting a formal nod from the Chinese authorities for the meetings on the matter. Staring at shortages, the domestic automobile industry has also sought gov ...Read More >
Hyderabad: Two-time world champion Nikhat Zareen opened her campaign with a clinical 4:1 win over Uttar Pradesh's Rashi Sharma in the 48-51kg category on the opening day of the the Elite Women's Boxing Tournament here on Saturday. Haryana's Anjali scored an upset win over World Championships bronze medallist Manisha Moun in the 57-60 kg category at the Hyderabad's Saroornagar Indoor Stadium. Other notable Day 1 results included a win for 2023 world champion Nitu (Haryana) in 45-48kg over Rajan ...Read More >
New Delhi, Jun 28 (PTI) Panasonic is exiting from the refrigerator and washing machine segments in India, as part of global restructuring of business by the Japanese appliances and consumer electronics major. Both the refrigerator and washing machine segments were a loss-making businesses for Panasonic in India, where it was struggling to make a space in the market. Also Read | Bodoland Lottery Result Today, June 28, 2025: Assam State Lottery Sambad Saturday Lucky Draw Results Declared, Check ...Read More >
New Delhi, Jun 28 (PTI) Panasonic is exiting from the refrigerator and washing machine segments in India, as part of global restructuring of business by the Japanese appliances and consumer electronics major. Both the refrigerator and washing machine segments were a loss-making businesses for Panasonic in India, where it was struggling to make a space in the market. According to GFK numbers, Panasonic has a very low market share in both refrigerators and washing machine segments. In washing m ...Read More >
New Delhi, Jun 28 (PTI) A 20-year-old man has been stabbed to death following a scuffle over his scooter brushing past one of the accused in the Geeta Colony area here leading to the arrest of three persons, an official said on Saturday. Yash, a resident of Rani Garden, was declared dead at a hospital in Laxmi Nagar around 9.41 pm on Friday, police said, adding those arrested have been identified as Rihan, Md Amaan and Lucky. Also Read | Is June 28 Bank Holiday? Will Banks Remain Open or Close ...Read More >
New Delhi: One of India's biggest sales, Amazon's Prime Day sale is set to begin on July 12 and will continue till July 14. This will give shoppers in India three full days of exclusive deals and offers. Usually held as a two-day event every July, this is the first time Indian Prime members will get 72 hours of continuous discounts, new launches, and entertainment. The extended sale aims to offer more time and variety for customers to grab the best deals across categories. For the first time ev ...Read More >
Walmart-owned e-commerce major Flipkart is leaning heavily into social video and livestreaming to attract young shoppers who are glued to their smartphones. The move reflects a broader strategy of the company to seek long-term customer loyalty by making online shopping more immersive and interactive. Online shopping with live commerce Using videos to display and promote products has become one of the company's key new strategies, Neha Agrahari, a director at Flipkart told Bloomberg News. "User ...Read More >
New Delhi: Panasonic has decided to stop selling refrigerators and washing machines in India. This marked a big shift in strategy for the market. While its other products will still be available, this move has surprised many and could impact jobs. Interestingly, the exit has turned into a win for rivals Whirlpool and Voltas, whose shares jumped after the news broke on June 26. Panasonic struggled to gain a strong foothold in India's refrigerator and washing machine market, as per a report by Th ...Read More >
New Delhi [India], June 26 (ANI): The Ministry of External Affairs (MEA) said that India is in touch with China on several economic and trade issues, including the supply chain issue of rare earth materials. Addressing a weekly briefing on Thursday, Jaiswal said, "On trade issues on rare earth, yes, we have been in touch with the Chinese side, both in Delhi and also in Beijing, and we have been talking to them as to how we can streamline the supply chain issue on rare earths." Also Read | Shub ...Read More >
New Delhi: The Ministry of External Affairs (MEA) said that India is in touch with China on several economic and trade issues, including the supply chain issue of rare earth materials. Addressing a weekly briefing on Thursday, Jaiswal said, "On trade issues on rare earth, yes, we have been in touch with the Chinese side, both in Delhi and also in Beijing, and we have been talking to them as to how we can streamline the supply chain issue on rare earths." "We are in touch with the Chinese side ...Read More >
New Delhi, Jan 22 (PTI) Water purifier company Kent RO Systems Ltd has filed preliminary papers with markets regulator Sebi seeking approval to float an initial public offering (IPO). The issue is completely an offer of sale (OFS) of 1 crore equity shares by promoters, according to the draft red herring prospectus (DRHP) filed on Tuesday. Also Read | Ladki Bahin Yojana January 2025 Instalment Date: When Will Women Beneficiaries Receive INR 1,500 in Maharashtra?. Promoters Sunita Gupta, Mahesh ...Read More >
New Delhi, Jan 22 (PTI) Water purifier company Kent RO Systems Ltd has filed preliminary papers with markets regulator Sebi seeking approval to float an initial public offering (IPO). The issue is completely an offer of sale (OFS) of 1 crore equity shares by promoters, according to the draft red herring prospectus (DRHP) filed on Tuesday. Promoters Sunita Gupta, Mahesh Gupta, and Varun Gupta are offloading shares in the OFS. Overall, promoters hold 99.77 per cent stake in the company at presen ...Read More >
The Smart India Hackathon (SIH) 2024, one of India's largest platforms for fostering innovation and entrepreneurship, is set to culminate in its Grand Finale at the Indian Institute of Technology (IIT) Roorkee from 11th to 15th December 2024. As part of its 7th edition, SIH 2024 continues to exemplify the vision of Hon'ble Prime Minister Shri Narendra Modi Ji to make India self-reliant and globally competitive through youth empowerment and innovation. He will interact with young innovators at th ...Read More >
Amazon India's first Black Friday Sale starts Nov 29, offering huge discounts on electronics, home appliances, fashion, and more. Amazon India is gearing up for its first-ever Black Friday Sale, bringing the globally celebrated shopping bonanza to Indian customers. Starting November 29, 2024, and running until December 2, this five-day event promises incredible discounts across categories like electronics, home appliances, fashion, and more. Top brands such as Apple, Samsung, Sony, and LG are o ...Read More >
Bengaluru: Ola Electric, India's leading EV manufacturer, has unveiled its new Gig and S1 Z series of scooters, aiming to make electric mobility accessible to the masses. The lineup includes four models: Ola Gig, Ola Gig+, Ola S1 Z, and Ola S1 Z+, priced at Rs 39,999, Rs 49,999, Rs 59,999, and Rs 64,999 (ex-showroom), respectively. These scooters are set to redefine affordability and convenience in the electric two-wheeler segment. The reservations for both the Gig and S1 Z series are open at j ...Read More >
With India's gig economy projected to double in size, reaching over 10 million workers in the coming years, Ola Electric unveiled its new line of budget-friendly e-scooters, starting at under Rs 40,000. Photograph: Courtesy, Ola Electric The market responded positively, with Ola Electric's stock rising by 5.67 per cent, closing at Rs 73.47 on the BSE. The new range includes the Ola Gig, priced at Rs 39,999, specifically designed for gig workers making shorter trips. The S1 Z series starts at ...Read More >
With India's gig economy projected to double in size, reaching over 10 million workers in the coming years, Ola Electric unveiled its new line of budget-friendly e-scooters, starting at under Rs 40,000. Photograph: Courtesy, Ola Electric The market responded positively, with Ola Electric's stock rising by 5.67 per cent, closing at Rs 73.47 on the BSE. The new range includes the Ola Gig, priced at Rs 39,999, specifically designed for gig workers making shorter trips. The S1 Z series starts at ...Read More >
New Delhi [India], November 26: Elitas Appliances, a brand synonymous with quality and innovation in home appliances, has officially launched its product line in India. Known for combining cutting-edge technology with elegant design, Elitas seeks to establish itself as a key player in the consumer durables sector, providing Indian households with superior, eco-friendly products. Also Read | From Nana Patekar's 'The Attacks of 26/11' to Dev Patel's 'Hotel Mumbai', 5 Movies and Shows That Explore ...Read More >
A Datum Intelligence report claimed that ecommerce GMV for the festive season crossed the INR 1 Lakh Cr mark in 2024, as against INR 81,000 Cr in 2023 and INR 69,800 Cr in 2022 After all the buzz around the fight between ecommerce marketplaces and quick commerce giants, how did Amazon India fare in the 2024 festive season sales? For the US-based ecommerce giant, the Great Indian Festival, which ran throughout October this year, the biggest takeaway is that Indian online shoppers are rapidl ...Read More >
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