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Industrial water technology company Gradiant expects its India business to double next year, driven by growing demand from semiconductor, solar, printed circuit board (PCB) and data centre projects, even as it faces challenges in building the engineering and execution capacity needed to deliver its expanding order book. “It is not about getting more orders. It…
File photo for representational purposes only. | Photo Credit: Reuters Market benchmark indices Sensex and Nifty drifted lower on Wednesday (August 26, 2026), giving up intraday gains, dragged by Reliance Industries and IT stocks. The 30-share BSE Sensex declined 183.15 points, or 0.24%, to settle at 77,472.94. During the day, it touched a high of…
Read More “Sensex falls 183 points; Nifty drops to 24,207.75” »
According to the RBI, Singapore, the Netherlands, the U.S., and Canada accounted for around 74% of the inflows. File. | Photo Credit: Reuters India attracted a total of $30.7 billion as gross foreign direct investment (FDI) in the April-June 2026 quarter, the highest level in at least 15 years. This strong inward flow overshadowed outflows,…
Read More “Gross FDI hit 15-year high of $30.7 billion in April-June 2026” »
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Eschewing big-ticket announcements, Finance Minister Nirmala Sitharaman on Sunday (February 1, 2026) resorted to a series of customs duty exemptions in the Union Budget to encourage domestic manufacturers of clean-energy components, including lithium-ion batteries and solar cells. The basic customs duty on sodium antimonate,…
President of the International Monetary Fund Kristalina Georgieva waves after a meeting with Uruguay’s President Yamandu Orsi in Montevideo, Uruguay. File | Photo Credit: AP The global economy has weathered the oil shock caused by the closure of the Strait of Hormuz “better than feared” due to various factors, including an investment boom in artificial…
Read More “Global economy in tug-of-war between oil shock and AI boom: IMF chief” »
Image used for representational purposes only. | Photo Credit: Reuters Market benchmark indices Sensex and Nifty were trading higher in early trade on Wednesday (August 26, 2026), in tandem with a positive trend in global equities, amid a sharp decline in crude oil prices. Foreign fund inflows also added to the positive trend in the…
Read More “Stock markets open higher as crude oil prices drop” »
Before Chennai became a city of multinational firms, Global Capability Centres, semiconductor ambitions, aerospace and defence majors, automobile giants, footwear factories, startups and home grown firms, it was Madras — a city whose business story was already taking shape several centuries ago. From a colonial trading centre to a manufacturing hub and now a diversified…
Read More “Madras built the engine, Chennai is shifting gears” »
Infrastructure projects worth more than ₹150 crore each recorded a cumulative cost overrun of around ₹3,40,504 crore, according to a monthly government report for July 2026. A total of 1,775 ongoing infrastructure projects across 17 Central Ministries/ Departments were monitored, and it was found that the total revised cost was ₹37,10,642 crore compared to their…
Read More “Infrastructure projects see cost overrun of ₹3.4 lakh cr: MoSPI” »
Tata Steel has received interim relief in the ₹1,755-crore demand notice issued by the Jharkhand government, according to a regulatory filing. | Photo Credit: Reuters Tata Steel has received interim relief in the ₹1,755-crore demand notice issued by the Jharkhand government, according to a regulatory filing. The company has challenged a ₹1,755 crore mining demand…
AM Intelligence, an infrastructure platform set up by Greenko promoters, on Tuesday (August 25, 2026) placed a binding order for 9,000 NVIDIA Rubin GPUs for what it described as its first AI factory here. The order covers 9,000 NVIDIA Rubin GPUs to be deployed as Vera Rubin NVL72 systems at AMI’s 30 MW facility in…
Read More “AMI orders 9,000 NVIDIA Rubin GPUs for Hyderabad facility” »