
German truck and bus maker Daimler India Commercial Vehicles (DICV) will double its captive solar power generation, hike green power purchase, switch all internal shuttles to electric vehicles at its factory near here towards its goal of 100 per cent carbon neutrality by 2025, a top company official said. ...

Challenges pertaining to electronic components' availability, coupled with high operating and ownership costs due to rising commodity prices dragged passenger vehicles' sales lower on a year-on-year basis in October....

The formal sector appears to have gained market share during the Covid-19 pandemic, while the unorganised/informal economy has suffered and which is not adequately captured in the GDP numbers currently, foreign brokerage UBS said....

Continuing its focus on expanding into value added food products Tata Consumer Products Ltd has inked a deal to buy group company the ready-to-eat-maker Tata SmartFoodz Limited for Rs 395 crore cash. ...

Challenges pertaining to electronic components' availability, coupled with high operating and ownership costs due to rising commodity prices dragged passenger vehicles' sales lower on a year-on-year basis in October....

Prime Minister Narendra Modi on Friday launched two innovative customer centric initiatives of the RBI -- Retail Direct Scheme and the Reserve Bank-Integrated Ombudsman Scheme. ...

Reliance Retail Ventures Limited ("RRVL") has acquired 100 per cent of the retail lingerie businesses under the 'amante' umbrella brand from MAS Brands, a wholly owned subsidiary of MAS Holdings, Sri Lanka. ...

As a first step to convert Kolkata and it's three satellite towns -- Rajarhat, Bidhannagar and New Town into eco-friendly cities, the state government has decided that the state capital will have only CNG and e-vehicles by 2030....

Lebanese Prime Minister Najib Mikati has launched a $25 million fund to support the recovery of targeted micro and small enterprises (MSEs) damaged by the Beirut port explosion, a statement by Lebanon's Council of Ministers reported. ...

The key prerequisite for the success of the EU's Green Deal is just transition with everyone on board the effort, Virginijus Sinkevicius, European Commissioner for the Environment, Oceans and Fisheries, said during a visit to Athens....