After re-entry, Ford to exit India again

Ford Motors did a U-turn in only three months, announcing that it’s giving up on EV manufacturing in India (for exports), despite making the cut for benefits under the government’s production-linked incentive (PLI) scheme. It is believed that...

Maruti to set up new manufacturing plant in Sonipat

Maruti Suzuki will spend £1.1 bn to set up a new manufacturing facility in Haryana, its third in the state and spread over an 800-acre area, as India's largest carmaker looks to add a fresh 10,00,000 units to its capacity from the location over...

Campbell Wilson, currently the CEO of Singapore Airlines (SIA) budget arm Scoot, has been appointed as the MD and CEO of Air India. He will bid adieu there on June 15. Tata-SIA JV Vistara's former CEO Leslie Thng will succeed him at Scoot. With...

Indian conglomerate Reliance Industries' revenue has crossed $100 billion in fiscal 2022, becoming the first Indian company to reach the milestone this year. The Tata Group had a revenue of $103 billion in fiscal 2021. The group’s fiscal 2022...

Tata Steel closed fiscal 2022 with record profit in its history, displacing Tata Group’s crown jewel TCS from the top slot as the most profitable entity of the $103 billion steel-to-software conglomerate. The company, one of the oldest units...



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