India ranks highest for global implementation of AI projects: Report

[ad_1] India heads the pack as an AI leader, with 70 per cent of companies having AI projects up and running, or in motion. This is in stark contrast with the global average of 49 per cent, according to a...

Flash composite PMI surges to 14-year-high of 62.2 in April

[ad_1] Riding on positive demand, private sector continues to show impressive performance, as flash composite Purchasing Managers’ Index (PMI) surged to 14-yearhigh to 62.2 in April, a survey result released by S&P Global on Tuesday showed.  It was 61.8 in...

Auto sector sees no impact due to Iran-Israel conflict

[ad_1] There is not much impact on the shipments of automobile products to overseas markets due to the Iran-Israel conflict, as companies have already been taking other routes since the Red Sea crisis, industry experts told businessline. Also read:Indian automobile...

Are Chinese electric vehicles taking over the world?

[ad_1] Western car makers, already bruised by the scramble among themselves for a share of the electric vehicle (EV) market, are facing a much more fearsome foe – China and its aggressive investment into the sector. Tesla, perhaps the best-known...

Zoho founder Sridhar Vembu announces new power tools venture Karuvi

[ad_1] Software as-a-service (SaaS) firm Zoho is one step closer to its foray into manufacturing. Zoho founder and entrepreneur Sridhar Vembu said on Wednesday that a small team of engineers have created a new line up of power tools that are...

India must focus on manufacturing to compete with China on economic front: Jaishankar

[ad_1] To compete with China on the economic front, India should focus on manufacturing, a key sector which was ignored by governments before Prime Minister Narendra Modi came to power in 2014, External Affairs Minister S Jaishankar has said.Noting that...

Schaeffler India re-appoints Harsha Kadam as MD & CEO

[ad_1] Schaeffler India Ltd has re-appointed Harsha Kadam as Managing Director and Chief Executive Officer of the company. According to stock exchange disclosure, Kadam’s new term will commence on October 1, 2024, and extend through September 30, 2027.Eranti Sumithasri, Chairperson...

Talent deficit mars India’s manufacturing ambition: Tata official 

[ad_1] India has a big opportunity in waiting in the manufacturing sector due to the realignment of global supply chains.  “Almost every day we get a call from somewhere in the world asking if they could work with us in...

Biden opposes Japanese takeover of US Steel, touts ‘American steel workers’

[ad_1] US president’s remarks come as he is seeking to shore up support in key swing state of Pennsylvania.United States President Joe Biden has opposed the proposed sale of a Pittsburgh-based steel manufacturer to Japan’s largest steel producer, insisting on...

India urged to strengthen manufacturing to capitalise on ‘China-plus-one’ strategy

[ad_1] India needs to work hard to stay in the competition with Vietnam, Thailand, Indonesia and Bangladesh to gain from the world’s ‘China-plus-one’ strategy, says Lt Gen S L Narasimhan, a noted expert on China. In a conversation with Ravichandran...
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