Industry Sectors

Expansion is on the cards for employers across India in 2019, as 73% say they feel optimistic about the country’s growth outlook, and 66% have plans to further expand their headcount.

The Indian electric bus market is predicted to witness a sale of 7,187 units by 2025, progressing at a 53% CAGR during the 2019-2025 period, according to ResearchAndMarkets’ latest report.

The Reserve Bank of India Governor Shaktikanta Das has discussed banking and financial sector issues with CEOs of the public sector banks and the Chief Executive of Indian Banks Association (IBA).

The Tourism Ministry has identified 17 sites in 12 clusters in the country for development as Iconic Tourism Sites, Minister of State Prahlad Singh Patel told Rajya Sabha on 23 July 2019.

In a major landmark judgement favouring aggrieved homebuyers, the Supreme Court has cancelled the registration of all companies of Amrapali Group under state RERA.

The Reserve Bank of India (RBI) is to be given more powers to regulate Non-Banking Financial Companies (NBFCs) through an amendment a Finance Bill, 2019, in the ongoing Budget Session 2019 of Parliament.

United Technologies Corporation (UTC) for Collins Aerospace, a subsidiary of UTC, has selected L&T Technology Services (NSE: LTTS) as a strategic partner with a role in engineering road map.

India has successfully launched Geosynchronous Satellite Launch Vehicle GSLV MkIII-M1, a 3,840 kg Chandrayaan-2 spacecraft, into an earth orbit on 22 July 2019.

Foreign Original Equipment Manufacturers (OEMs) are now not required to indicate the details of Indian Offset Partners (IOPs) and products at the time of signing of contracts, Rajya Sabha was told on 22 July 2019.

A Singapore subsidiary of TVS Motor Company Limited has signed definitive agreements to invest US$7 million in Delaware’s Scienaptic Systems Inc.