India News
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Honda Motorcycle & Scooter India, the two-wheeler arm of Japan's Honda Motor Co, expects to create over 3,800 jobs in India as it expands overall annual production capacity to 8 million units by 2028, according to its President & CEO Tsutsumu Otani.
With India increasingly becoming an important part of Honda's global manufacturing and export strategy.
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A US judge pressed Gautam Adani for more details on the Justice Department’s move to dismiss a blockbuster criminal case against the Indian billionaire.
In a brief order late Wednesday, US District Judge Nicholas Garaufis in Brooklyn, New York, directed Adani to answer two questions in writing, under oath, by July 15.
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India's largest asset manager, SBI Funds Management, is seeking a valuation of up to ₹1.17 trillion ($12.24 billion) in its initial public offering opening next week, in what is set to be one of the country's largest IPOs this year.
SBI Funds Management has set a price band of ₹545 to ₹574 ($5.70-$6.01) apiece for the three-day share sale that begins July 14, State Bank of India (SBI) said in an exchange filing late Wednesday.
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The Ayodhya Development Authority (ADA) has served a notice to the wife of Ram temple donation theft accused Lavkush Mishra over the alleged unauthorised construction of a house under her name, as the police intensified their investigation into the alleged embezzlement case, official and police sources said on Thursday.
According to ADA sources, the house under construction is located in Banvirpur village in Sohawal tehsil.
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Amazon said on Thursday it will take "appropriate action" against a third-party delivery partner in India once a police investigation into a fire that killed two workers concludes.
Amazon, one of India's largest e-commerce companies, has also initiated an independent internal investigation into the incident.
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Hyderabad-based Skyroot Aerospace on Thursday announced that a launch window between July 12 and August 4 for the maiden test flight of its Vikram-1 launch vehicle -- the nation's first privately developed orbital-class rocket.
The final date of the lift-off will be subject to the completion of assembly and testing operations at the launch site in the Satish Dhawan Space Centre, Sriharikota, and weather, safety, and range clearance.
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India and Japan on Thursday signed agreements to deepen cooperation in economic security, clean energy, artificial intelligence (AI), defence technology, health care and maritime security. This came after summit talks between Prime Minister Narendra Modi and his Japanese counterpart Sanae Takaichi, who is on a three-day official visit to India from July 1 to 3.
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India’s food regulator has issued notices to at least six energy-drink makers including Red Bull GmBH’s local unit, for allegedly making misleading claims, tightening oversight of a rapidly expanding category in the country.
Several beverage brands marketing themselves as “energy drinks” were making functional or therapeutic claims that are not allowed under local laws, the Food Safety and Standards Authority of India (FSSAI) said in an Instagram post late Wednesday.
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Adani Enterprises Ltd (AEL) and Abu Dhabi-based International Resources Holding (IRH), an IHC Group company, on Thursday signed a memorandum of understanding (MoU) with the Odisha government to set up an integrated aluminium project in the state with a proposed investment of $11.5 billion (about ₹1.08 trillion).
Billed as India's largest foreign direct investment (FDI) proposal in the mining and metallurgy sector and the biggest-ever FDI proposal for Odisha.
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Bajaj Auto Ltd on Monday said its ₹5,632.8-crore share buyback will start from July 1, 2026.
The company is undertaking a buyback of up to 46.94 lakh fully paid-up equity shares of face value of ₹10 each at a price of ₹12,000 per share, payable in cash, for an aggregate amount of up to ₹5,632.8 crore, Bajaj Auto said in a regulatory filing.
