Centre appoints T V Somanathan as Cabinet Secretary; to replace Rajiv Gauba
The 1987-batch IAS officer is currently the finance secretary of India.
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Novamax Appliances invests Rs 35 crore to set up a manufacturing facility in Gorakhpur
Speaking about the new investments, Harshit Aggarwal, CEO and founder of Novamax Appliances said, “With this facility, we aim to enhance our production capabilities and ensure timely delivery to our customers. Our goal is not only to expand our market…
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Gift City-like zones, IP-linked schemes key for manufacturing: PwC Chief Sanjeev Krishan
PwC India’s chairperson, Sanjeev Krishan, suggested that India could establish 5-6 large manufacturing zones similar to the Gift City financial hub to meet its $1 trillion goods export target, potentially one year ahead of schedule by fiscal 2029. The PwC…
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PM MITRA Parks to bring Rs 70,000 crore investment in textiles sector: Minister
The Centre has approved the setting up of seven PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks in greenfield and brownfield sites with world-class infrastructure including plug and play facility with an outlay of Rs. 4,445 crores for…
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Mahindra to build $3 billion car plant with a Chinese co? Here’s what the automaker said
Mahindra and Mahindra have denied reports suggesting a $3 billion joint venture between Indian automaker and China’s Shaanxi Automobile Group to build a car manufacturing plant in India. The automaker has called the Reuters report ‘unfounded’ and stated that there…
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Goyal assures industry on govt’s efforts to ensure conducive biz environment
Commerce and Industry Minister Piyush Goyal held detailed discussions with CEOs of various industries and discussed issues related to regulatory reforms, telecom, trade and logistics, among others, an official statement said on Friday.
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