India has achieved a significant milestone in electronics manufacturing by launching its first-ever mobile tempered glass factory in Noida. The inauguration of this cutting-edge facility on August 30, 2025, by Union Minister of Electronics and IT Shri Ashwini Vaishnaw, marks a crucial step towards self-reliance in the sector. Advancing Towards Electronics Self-Sufficiency Pushing the Make … Read more
Reliance Industries is set to transform Jamnagar and Kutch in Gujarat into major hubs for clean energy production. The company unveiled its ambitious clean energy plan at the 48th Annual General Meeting, signaling a significant push towards solar, hydrogen, and battery technology. Jamnagar: World’s Largest Integrated Energy Complex A Giga Energy Marvel in the Making … Read more
National Aluminium Company Limited (NALCO) has announced a groundbreaking investment of ₹300 billion (~$3.43 billion) in constructing a new aluminium smelter and a coal-based power plant in Odisha. This move is in line with India’s industrial expansion efforts. Investment Breakdown and Project Timeline Strategic Partnerships in Energy To facilitate the power plant project, NALCO is … Read more
In a strategic move, Infosys partners with Mastercard to integrate Mastercard Move into Finacle, facilitating fast, secure cross-border payments across 200+ countries and 150+ currencies. What is Mastercard Move? Mastercard Move is an advanced suite of money transfer solutions by Mastercard, enabling secure and near real-time transactions domestically and internationally. It caters to banks, non-bank … Read more
In a recent development, the Central Consumer Protection Authority (CCPA) has imposed a significant ₹10 lakh penalty on Rapido, an online ride-hailing platform, for disseminating misleading advertisements and breaching consumer protection laws. The penalty was enforced following an investigation that uncovered deceptive trade practices, false claims, and inadequate grievance redressal mechanisms that misled consumers across … Read more
Foxconn has started manufacturing iPhone 17 at its new Bengaluru plant, investing $2.8 billion, making it the second-largest unit outside China. Overview: In a significant move for India’s electronics manufacturing sector, Foxconn’s Bengaluru facility has begun production of iPhone 17. This development positions India as a key player in Apple’s global supply chain. With this … Read more
Overview: Microsoft secures the top spot on the TopBrand 2025 Global Brands list with a brand value of $1.06 trillion, followed by NVIDIA and Apple. The rankings were revealed at the 19th China Brand Festival in Shenzhen from August 7-11, 2025, emphasizing the dominance of US tech giants in the global branding landscape. Top 10 … Read more
The International Finance Corporation (IFC), a part of the World Bank Group, has committed $150 million to the H-DREAM Fund managed by HDFC Capital Advisors. The fund aims to develop 25,000 green-certified affordable and mid-income homes in India, mobilizing up to $850 million in total. Overview IFC invests $150 million in H-DREAM Fund by HDFC … Read more
BEML, under the Ministry of Defence, has won its inaugural overseas rail-metro project worth USD 1 million in Malaysia. The contract involves retrofitting and reconditioning the Mass Rapid Transport System. Contract Details BEML announced on 9 August 2025 that it will enhance Malaysia’s MRT network’s operational efficiency and longevity through retrofitting and reconditioning services. BEML’s … Read more
In a strategic move to bolster its global footprint, Tata AutoComp Systems Ltd, a prominent Indian auto components manufacturer, is set to acquire Slovakia-based IAC Group through its British subsidiary, Artifex Interior Systems Ltd. This acquisition marks a significant leap for Tata AutoComp in expanding its reach in Europe’s automotive market. About the Acquisition While … Read more
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