Page 6 - Shine Jacob

Union Budget 2023: Revamped MSME credit guarantee scheme to start on Apr 1

New scheme likely to lower cost of credit by 1%, allow MSMEs to avail addl collateral free credit guarantee of Rs 2 trn

Budget focus on medical research, aims to eliminate sickle cell anaemia

Facilities of state-run ICMR labs will be made available for private sector research, says Finance Minister

Union Budget 2023: Railways capital outlay at all-time high of Rs 2.4 trn

This is almost 9x the outlay made in 2013-14, says FM; Railways to build 500 Vande Bharat trains, achieve 100% electrification and spearhead an ambitious station redevelopment plan

Time to spur Vizhinjam project to avoid Ever Alots giving India wide berth

Myriad issues like recent protests by the fisherfolk, back-to-back floods in Kerala, Cyclone Ockhi have taken wind out of Adani Group's sails, forcing its Rs 7,500-cr project to move at snail's pace

Mandatory KYC leads to 30-50% dip in demand for motor insurance from agents

Mandatory KYC leads to 30-50% dip in demand for motor insurance from agents

BharOS opens doors for OEMs, companies; already in talks with 8 entities

At present, BharOS is compatible with Google Pixel phones; it has no default applications, so users aren't forced to use apps they may not be familiar with or trust

Tamilnad Bank to keep focus on small biz lending, open 25 new branches

RBI in October 2022 lifted its three-year ban on lender from opening new branches

Domestic demand drives Bajaj Auto's small profit growth; net up by 3%

On a standalone basis, the company's net profit was up 23 per cent to Rs 1,491 crore

TVS Credit posts 75% rise in Q3; net profit rises to Rs 97.97 crore

The company's total income for the quarter under review was also up by 51 per cent to Rs 1,094.13 crore, as against Rs 723.6 crore during the third quarter of the previous financial year

Amazon launches dedicated air cargo service in India to speed up deliveries

This is set to enable faster deliveries to customers

Nod to Apple's Chinese suppliers may ring in jobs for Sriperumbudur

Among the 14 firms to have got initial go-ahead is Luxshare with a unit in the town near Chennai

DMK vs governor row: Battle of ideologies, a struggle steeped in history

When the debate of Tamizhagam versus Tamil Nadu kicked off, many political experts observed that Tamizhagam is a usage that has existed since the Sangam Age and being used DMK government

Indian app Pixstory to take the centre stage in Arsenal-ManU game

On Sunday, NBA star and Pixstory brand ambassador Dwight Howard will kick off the proceedings with a pitch for a cleaner social media

Kerala mask mandate precautionary measure, no major rise in cases: Experts

They say there is no major rise in cases, and state just following WHO guidelines

RMG exports fail to touch pre-Covid level; slowdown concerns remain

In November and December 2022-23, RMG exports saw a rise of 12 per cent and 1 per cent respectively

Sundram Fasteners wins $250 mn international contract to supply EV parts

Company will invest Rs 200 cr support order it says is the largest for an Indian firm in the product range

Tata Motor's Mission 2045: Electric, flex-fuel and hydrogen ICE

"Battery electric, hydrogen fuel cell and hydrogen ICE, could be the three technologies which have the potential of being zero emission and that are what we will have to work on," said Girish Wagh

Supply chain issues do remain, but things are better: Toyota India exec

2023 is going to better for company in terms of sales, says Vikram Gulati

Auto Expo 2023: Ashok Leyland to expand scope of its connected network

Through the telematics-driven connected network, the company helps vehicles on the ground in predicting problems along with quick support in case of breakdowns to AI-based customer solutions

Hyundai India to invest Rs 4,000 cr for developing 6 EVs by 2028: CEO

Company plans six electric vehicles by 2028, says Unsoo Kim at Auto Expo