TPG Inc. is in advanced discussions to acquire the Indian wind energy assets of Siemens Gamesa, potentially valuing them at over $300 million. TPG has reportedly outbid competitors, including other private equity firms and industry players. While negotiations continue and…
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President-elect Donald Trump threatened tariffs on Canada, Mexico, and China, impacting automakers like Honda, Nissan, and Toyota with Mexican manufacturing. Several Asian and Chinese automakers, along with Tesla suppliers and tech companies like Foxconn and Lenovo, have operations in Mexico,…
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Excitel and GX Group partnered to deploy India-made Wi-Fi 6 broadband modems. This aims to provide affordable, high-speed internet access, especially in rural areas, supporting the ‘Made in India’ initiative. GX Group manufactures the modems in Manesar and plans a…
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Companies are still going ahead with making some models in India, as the government is expected to tighten imports from China in 2025 under the import management system to spur local manufacturing. “There are challenges in terms of cost structures…
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As per World Employment and Social Outlook Trends, 2024 by ILO, globally, in 2023, the youth unemployment rate was 13.3 per cent. The latest annual Periodic Labour Force Survey (PLFS)shows that unemployment rate for youth of age 15-29 years in…
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FPIs were net sellers of Indian equities and sold shares worth ₹1.13 lakh crores in October 2024. Still, expectations of the company’s Q3 earnings recovery and Trump’s positive effect are expected to reignite the muted Indian market. With a stable…
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