The Tata Group is in talks with Taipei Wistron Corporation, one of Apple’s top three suppliers in India, to buy its sole manufacturing facility in Karnataka for Rs4000–5,000 crore, The Economic Times reported on November 30. The agreement will help Tata increase the production capacity of gr
Biocon Biologics announced on Tuesday that it has successfully completed the acquisition of its partner Viatris Inc. and its multibillion-dollar (USD) global biosimilar business. According to a company statement, both companies have received all relevant approvals from major global authorities, and
At Tata CLiQ Luxury, India’s premier luxury lifestyle platform, the fashion category has been a strategic focus. In its continuous effort to offer exclusive assortments and an unparalleled shopping experience by embracing the principles of the Slow Commerce brand philosophy, Tata CLiQ Luxury h
Blue ammonia has made its way from Saudi Arabia to South Korea, marking a new milestone in the development of carbon removal solutions. The development was first announced at the recent Saudi Green Initiative conference in Sharm El-Sheikh, and the vessel Seasurfer, which is carrying 25 kilometers of
Rolls-Royce has successfully used hydrogen as an energy source for a modern jet engine instead of traditional jet fuel, a world first in the aviation industry.The ground-based test at the Boscombe Down Government Test Facility used green hydrogen produced by wind and tidal energy from Scotland’
According to the OECD, the international financial system can avoid a recession next year; however, the worst power disaster will be caused by the 1970s, which will cause a sharp slowdown and hit Europe hardest. Fighting inflation must be coverage makers’ pinnacle priority, it adds. National o
Royal Enfield classic 350 Chennai-based Royal Enfield will introduce an electric version of its Himalayan bike in the coming years. The company is set to expand its highly successful J-platform of 350cc motorcycles, and the latest development is that a single-seat bobber model is joining the fray.
Diversified mining group Anglo American has deployed the latest technology at its Quellaveco mine in Peru to create a virtual replica that simulates everything that happens at its processing plant. This technology allows digital mining experts to perform predictive tests that help reduce security ri
China has ramped up production of its Mighty Dragon, the J-20 stealth fighter, at state-of-the-art manufacturing facilities in the country to match US Air Force technology in the region. The People’s Liberation Army (PLA) is using what Chinese military and defense experts say are “world-
Oil futures fell more than $1 early on Monday as protests in top importer China over strict COVID-19 restrictions fueled concerns about demand, while investors remained cautious ahead of Russia’s oil price ceiling deal and an OPEC meeting. Brent crude fell. It was up $1.01, or 1.2 percen