ABB India expands local production capabilities with new line for energy-efficient drives – World News Network
Bengaluru (Karnataka) [India], October 29: ABB India has expanded its local production footprint with the launch of a new line for variable speed drive (VSD) modules at its Peenya factory in Bengaluru. With this line, the local production capacity of drives has increased by about 25 percent, supporting the country's…
Department of Posts to undergo major revamp after Q2 review, says Minister Jyotiraditya Scindia – World News Network
Union Minister Jyotiraditya Scindia on Wednesday reviewed the second quarter results of the Department of Posts and called for greater focus on revenue generation and operational efficiency under the annual business plan for 2025-26. The review was part of the department's annual business meet with Chief Postmasters General (CPMGs).
India to build own fleet of oil tankers, aims to cut USD 8 Billion charter costs: Hardeep Puri – World News Network
India is planning a major shift in its energy shipping strategy by building its own fleet of oil tankers to reduce the massive freight costs currently paid to foreign vessel operators, Union Petroleum and Natural Gas Minister Hardeep Singh Puri announced on Wednesday.
Budget 2026: PHDCCI seeks more tax rationalisation, incentives for manufacturing, R&D – World News Network
The PHD Chamber of Commerce and Industry (PHDCCI) has submitted its pre-Budget memorandum for the Union Budget 2026-27, urging the government to adopt a series of direct tax reforms, among others, aimed at bolstering manufacturing, innovation, and taxpayer compliance.
India’s Maritime sector to draw Rs 8 trillion investment, create 1.5 crore jobs by 2047: Hardeep Singh Puri – World News Network
India's maritime sector is set to attract trillions of investments and create more than one crore new jobs by 2047, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said while speaking at the India Maritime Week 2025. "The maritime sector is poised to attract Rs 8 trillion of…
Star Health Reports 21% YoY Profit Growth to ₹518 Cr; COR Improves by 170 bps in H1FY26 under IFRS – World News Network
Chennai (Tamil Nadu) [India], October 29: Star Health and Allied Insurance Company Ltd. (Star Health Insurance), India's largest standalone retail health insurer, announced its financial results for the half year ended September 30, 2025 (H1FY26). The Company posted a Profit After Tax (PAT) of ₹518 crores, a 21% year-on-year growth…