Articles for tag: Advertising, Announces, Automotive, Boosting, competitiveness, Data, Exporters, Finance, Growth, GST, Hosting, Minister, Nirmala, Relief, Sitharaman, Union

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Union Finance Minister Nirmala Sitharaman announces GST relief for automotive, advertising, data hosting, and exporters, boosting growth and competitiveness.

Union Finance Minister Nirmala Sitharaman announces GST relief for automotive, advertising, data hosting, and exporters, boosting growth and competitiveness.

The Union Finance Ministry recently provided relief to several industries, including automotive, data hosting services, and advertising agencies that work with foreign clients. One key circular clarified that demo vehicles used by dealers for test drives can still qualify for GST deductions, as they support vehicle sales. Another circular recognized data hosting services provided by ...

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JSW Energy secures a 600 MW wind-solar project, boosting its capacity to 18.2 GW, while eyeing carbon neutrality by 2050.

JSW Energy secures a 600 MW wind-solar project, boosting its capacity to 18.2 GW, while eyeing carbon neutrality by 2050.

JSW Energy’s subsidiary, JSW Neo Energy, has secured a 600 MW wind-solar hybrid power project from Maharashtra State Electricity Distribution Company (MSEDCL). This new project boosts JSW Energy’s total locked-in generation capacity to 18.2 GW, which includes a hybrid capacity of 3.8 GW. The company aims to increase its installed generation capacity to 10 GW ...

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Tata Electronics partners with ASMPT to revolutionize India’s semiconductor landscape, boosting innovation, training, and sustainability in Assam and Karnataka.

Tata Electronics partners with ASMPT to revolutionize India’s semiconductor landscape, boosting innovation, training, and sustainability in Assam and Karnataka.

Tata Electronics has partnered with ASMPT Singapore to enhance semiconductor assembly and packaging in India, focusing on facilities in Assam and Karnataka. This collaboration includes workforce training, improving service engineering, and advancing research in semiconductor technologies. Tata Electronics is investing Rs 27,000 crore in a chip assembly plant in Assam, set to begin operations next ...

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Uttar Pradesh CM Yogi Adityanath heralds a new era of growth, unveiling Ikea’s store foundation, boosting investment and employment.

Uttar Pradesh CM Yogi Adityanath heralds a new era of growth, unveiling Ikea’s store foundation, boosting investment and employment.

Uttar Pradesh Chief Minister Yogi Adityanath recently laid the foundation stone for an Ikea store in Noida during a virtual event from Lucknow. He highlighted that over the past seven and a half years, Uttar Pradesh has gained the trust of both domestic and international investors, making it a preferred investment hub in India. Adityanath ...

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Post-pandemic, investors have gained sophistication, boosting the wealth management industry, especially in India, as capital market participation surges.

Post-pandemic, investors have gained sophistication, boosting the wealth management industry, especially in India, as capital market participation surges.

Shiv Gupta, the founder and CEO of Sanctum Wealth, shares insights on the evolving wealth management industry in the Asia-Pacific region. Following the pandemic, investors have become increasingly sophisticated, contributing to a rise in capital Market participation and risk-taking. Gupta highlights the tremendous growth of the wealth management sector, especially in India, which is emerging ...

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Maharashtra approves a  billion semiconductor plant by Adani and Tower, promising 5,000 jobs and boosting India’s chip production capacity.

Maharashtra approves a $10 billion semiconductor plant by Adani and Tower, promising 5,000 jobs and boosting India’s chip production capacity.

Maharashtra’s government has approved a major semiconductor fabrication unit to be built in Panvel, Mumbai, through a collaboration between the Adani Group and Israel’s Tower Semiconductor. This project, involving an investment of approximately Rs 83,947 crore ($10 billion), aims to produce 80,000 semiconductor wafers monthly in two phases. The first phase will invest Rs 58,763 ...

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Government ITIs excel in new grading, boosting employment prospects and skills training for millions, signaling a brighter future.

Government ITIs excel in new grading, boosting employment prospects and skills training for millions, signaling a brighter future.

Industrial Training Institutes (ITIs) in India have shown improved performance, signaling better employment prospects for students. In the latest grading by the Ministry of Skill Development and Entrepreneurship, nearly 19% of approximately 15,000 ITIs scored above 8 out of 10, up from 12.4% last year. The highest scorers, with grades of 9.6, are located in ...

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Reliance Triumphs in EV Battery Production Bid, Boosting India’s Green Future

Reliance Triumphs in EV Battery Production Bid, Boosting India’s Green Future

Reliance Industries has won a bid to produce electric vehicle (EV) batteries under India’s production-linked incentive scheme. The government announced this on September 4, 2024. Reliance can manufacture up to 10 gigawatts of advanced chemistry cells (ACCs), which are essential for EVs. They outperformed six competitors, including Amara Raja Energy and JSW Energy. This initiative ...

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Warren Buffett’s company Berkshire Hathaway invests over $6 billion in insurance giant Chubb, boosting stock prices.

Renowned investor Warren Buffett’s company, Berkshire Hathaway, has disclosed a substantial investment of over $6 billion in the insurance giant Chubb. This major investment announcement has caused Chubb’s share prices to soar. This move by Buffett’s Berkshire is set to have a significant impact on the insurance industry, with many eyes on how this development ...

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