Hyundai Motor, South Korea's biggest carmaker by sales, said on Monday it will suspend its US plant for three weeks due to lack of semiconductors and routine maintenance....
The Competition Commission of India (CCI) has re-launched an investigation into Amazon’s selling practices after an Indian court dismissed pleas by Amazon and the Walmart-owned Flipkart to quash the probe, according to reports...
As the Central government draws a plan to privatise at least two public sector banks (PSB) this fiscal, it has also decided to front load capitalisation of state-owned banks so that the balance sheets of some of these entities are strengthened ahead of possible sale. ...
A fresh wave of Covid-19 in Asia where vaccination is still in early stages can further worsen the global chip supply chain, the media reported....
The Renault Nissan Automotive India Private Ltd and its workers union have created a history by going in for an arbitration to settle wage revision and other aspects, said a union official....
If the social distancing norms are to be followed strictly at car plants, then no vehicle can be rolled out. The companies have to consider the workers as frontline warriors, said union officials at different factories. ...
Dell Technologies led the worldwide server market ranking in the first quarter this year with garnering 17 per cent of total revenue, as the global server market grew 12 per cent (year-over-year) to $20.9 billion in Q1, according to a new report....
CG Power Industrial Power Solutions Ltd has planned a capex of Rs 135 crore this fiscal, the company said....
The Andhra Pradesh government has sanctioned Rs 1,448 crore to form a special purpose vehicle, NKICDL (NICDIT Krishnapatnam Industrial City Development Limited), with equity from the Central government as well to establish, promote and facilitate the development of Krishnapatnam Industrial Node of the Chennai Bengaluru Industrial Corridor (C...
"Every time we go out for hoeing the maize saplings, the rain and hailstorms start. Till now, our net sown area of around 5 kanals of land has been devastated by unseasonal hailstorms four times," said an anxious-looking Guddo Devi....