India’s industrial output increased to 8% in August 2026, propelled by a strong manufacturing sector. Manufacturing grew by 9% while electricity generation rose significantly by 12.3% year-on-year. Mining activity, however, faced a decline of 5.6%, contrasting with earlier growth in…
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Coforge has appointed Akhil Kumar Gupta as chairperson after the resignation of O P Bhatt. The departure followed an internal audit revealing Bhatt’s low performance rating that he had withheld. Gupta brings over 40 years of experience and will guide…
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Tata Trusts have proposed merging Tata Electronics Systems Solutions and Tata Consulting Engineers with Tata Sons to alter its regulatory classification and preserve its unlisted private status. The Trusts said the restructuring would increase operating revenue and reduce investments in…
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Tata Electronics significantly increased capital investments and debt financing for Apple iPhone manufacturing and semiconductor initiatives. The company provided ₹61,280 crore in guarantees and ₹1,017 crore in loans to subsidiaries. Equity investments surged to ₹3,727 crore largely due to semiconductor…
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US and Iranian officials are participating in renewed efforts to negotiate a ceasefire to end the ongoing conflict. Recently, Iran proposed a seven-day ceasefire plan, aiming to restore maritime traffic and discuss nuclear issues. Although President Donald Trump rejected Iran’s…
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Essar Group, through its subsidiary Mesabi Metallics, plans to invest USD 18 billion for a steel plant in Iowa. The facility aims to produce 10 million tonnes of steel annually and will utilize iron ore from Minnesota. It is expected…
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