smartphone-570513_1920-e1609245464855.jpg

Electronics maker Dixon ties up with Motorola to make smartphones in India

Indian electronics company Dixon Technologies gained 5% after its subsidiary tie-up. India's electronics manufacturing company Dixon Technologies shares went up by 5% on Monday after it  entered into a deal with US smartphone manufacturer Motorola. Padget Electronics, a wholly owned...

tesla-1738969_1920-e1609239139243.jpg

Tesla to start ops in India soon, India’s minister says

EV maker to begin with sales, Minister of Road and Transport Nitin Gadkari announced today. India’s Minister of Road Transport and Highways Nitin Gadkari announced on Monday that US electric vehicle (EV)  and clean energy company Tesla Inc will start...

brexit-2-e1608983530683.png

Indian firms based in UK set to benefit from the new Brexit deal

The new Brexit deal hugely profits the UK based Indian companies. The landmark Trade and Cooperation Agreement (TCA) signed between the United Kingdom and European Union constituting 27 members on Thursday was happily accepted by the Indian business firms based...

MNS.png

Amazon’s warehouses in India vandalized

Disgruntled regionalist political party MNS behind the attack, police say. Two cases of vandalism at Amazon warehouses at Mumbai and Pune have been reported on Friday, Workers allegedly belonging to the Maharashtra Navnirman Sena (MNS) marched into the e-commerce giant’s...

IMG-20201225-WA0026-e1608906409739.jpg

Amazon Wholesale India revenue plunges 70%

Amazon Wholesale faces huge decline due to change in India’s FDI regulations. Amazon India’s wholesale branch which is the business-to-business (b2b) arm of the American e-commerce company, saw a decline of 70% in its revenue at Rs. 33,880 million ($460.51...

DFC-e1608812171643.jpg

US finance corp to invest $54 mn in India’s infra fund

The National Investment and Infrastructure Fund (NIIF) is in its final round of fundraising for development projects. Our Bureau US International Development Finance Corporation (DFC) announced Monday that it will invest $54 million in equity for India’s National Investment and...

Boeing.jpg

Boeing drops India manufacturing plans

Earlier this month, an iPhone manufacturing plant near Bengaluru was vandalized, leading to fears that foreign manufacturing companies may go slow on plans. Aerospace company Boeing has canceled its plans to establish a manufacturing unit in Bengaluru, India. Instead, the...