Boost for the Indian Navy! The Ministry of Defence is poised to approve a massive Rs 70,000 crore contract for the construction of new warships for the Indian Navy. These state-of-the-art stealth frigates will be the most technologically advanced vessels to be built in India and are a continuation of the Nilgiri class currently under…
NEW DELHI: Calling for efforts to ensure that the benefits of technology reach all sections of society, unleashing the potential of every individual and helping eliminate social inequalities, PM Narendra Modi said at the G7 summit that the global community must turn monopoly in technology into mass usage.“This should not just be our desire, but…
New Delhi: Global lifestyle brand Swiss Military on Wednesday has reported 42.7 per cent increase in the consolidated net profit to Rs 2.37 crore in the fourth quarter ended March 2024 as against the net profit of Rs 1.66 crore in the same period of the previous fiscal, it said in a regulatory filing. Its…
New Delhi: Global lifestyle brand Swiss Military, on Friday, said it will set up its first fully owned manufacturing unit in Faridabad, Haryana with an initial investment of Rs 56.5 crore within 8 months by 31st Dec 2024, the company said in a media statement. Spread over 1.21 acres and a built-up area of about…
Telecom equipment manufacturing and exports are becoming a new success story following the success of smartphone exports. In the financial year 2024, the telecom equipment production exceeded the milestone of Rs 45,000 crore with exports totaling approximately Rs 10,500 crore, supported by the production linked incentive (PLI) scheme of the Centre. According to government data…
Tesla in India soon? Elon Musk, the CEO of Tesla Motors, seems to have dropped a big hint about the electric car marker’s entry into India. According to a Reuters report, Elon Musk has said, “The natural progression is to provide Tesla electric vehicles in India.” Musk’s statement is being seen as a big sign…
Decathlon, the renowned French sports brand, has set its sights on India, aiming to make it one of its top five markets within the next five years. The company plans to open 10 new stores in India every year, said Steve Dykes, chief retail and countries officer. He said this on the sidelines of an…
Senco Gold and Diamonds Kolkata-based Senco Gold & Diamonds on Friday announced that it has become the first Indian jewellery brand to join Open Network for Digital Commerce (ONDC) Network. Through this maiden integration, Senco Gold and Diamonds extensive catalogue will be available across various shopping apps within the expanding ONDC Network, facilitating smooth and…
