India has now become the world’s third-largest domestic aviation market after the US and China, as airlines such as IndiGo and Air India have expanded their fleet size to cater to the surge in air passengers, according to data compiled by aviation...

After Apple, Google is set to manufacture Pixel smartphones in India, with plans to export the devices to Europe and the US, media reports said. According to reports, the tech giant will soon begin commercial production through partnerships...

Bajaj Auto has introduced the Freedom 125, marking the debut of the world’s first motorcycle to run on Compressed Natural Gas (CNG). This 125 cc commuter bike operates on both petrol and CNG, aiming to significantly lower operational costs for...

Indian officials have cooled hopes of a Tesla production unit in the country as executives of the Elon Musk-led electric vehicle maker have stopped contacting them, reports said.

The Reserve Bank of India (RBI) on Monday, July 1, said the withdrawal of Rs 2,000 denomination banknotes reached 97.87 per cent as of June 28. On May 19, 2023, the central bank announced the withdrawal of the Rs 2,000 currency note denomination....

The latest spectrum auction to sell airwaves to mobile companies ended within two days, with Sunil Bharti Mittal’s Bharti Airtel buying nearly 60% of the £1.13 bn that was sold. After seven rounds of bidding, just over a quarter or 141 Mhz spectrum...

With growing smartphone exports, India is rapidly closing the gap with China and Vietnam. According to a report, mobile phone exports from China and Vietnam decreased by 2.78 per cent and 17.6 per cent respectively in FY24 compared to the previous...

Infosys CEO Salil Parekh has agreed to pay Rs 25,00,000 as settlement charges for failing to put in place adequate internal controls to comply with Sebi’s rules to prevent insider trading.

UltraTech Cement, controlled by Kumar Mangalam Birla, has acquired a 23% stake in India Cements from veteran investor Radhakishan Damani for £188.5 mn. The move intensifies UltraTech’s rivalry with Gautam Adani’s Ambuja Cements and ACC as both...

GST collections grew 7.7% in June to £17.4 bn, first time in three years when monthly mop-up rose at single-digit rate.During the month, based on transactions in May, central GST collections are estimated to have increased 3.4% to £3.20 bn,...