The Securities and Exchange Board of India (SEBI) has imposed a ₹25 lakh penalty on the Bombay Stock Exchange (BSE) for sharing company announcements with paid clients before public release. BSE also permitted client code modifications between unrelated institutional clients…
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Motorola, which makes phones through Indian contract manufacturer Dixon Technologies, historically catered to the US market almost entirely from China, which has since April been hit by a 55% US tariff compared with 26% levied on India, said industry experts.…
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For the past two months, China has ceased exporting specialty fertilizers crucial for enhancing the production of fruits and vegetables to India, despite continuing shipments to other countries. This halt, impacting India’s reliance on China for 80% of these chemicals,…
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Bumble is set to reduce its workforce by nearly a third, impacting 240 roles, amidst industry-wide challenges in maintaining user engagement and economic uncertainties. This restructuring aims to revamp the platform, aligning with similar moves by competitors like Match. Despite…
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Panasonic Holdings is reducing its consumer electronics operations in India. The company is discontinuing refrigerators and washing machines. Production will cease at the Jhajjar, Haryana factory. Some job losses are expected, with support for affected employees. The company will now…
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India’s PLI schemes show strong results. Investments reach Rs 1.76 lakh crore. Production exceeds Rs 16.5 lakh crore. Over 12 lakh jobs are created by March 2025. Incentives of Rs 21,534 crore are disbursed across sectors. Focus is now on…
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