So far, companies were allowed to import these items only from a small list of government-approved suppliers under what was known as Quality Control Orders. This made sourcing difficult and “costly”. Now, the government plans to temporarily suspend these strict quality-control rules for about 55 steel products for a one- to three-year period, according to…
Bank holiday today: Banks across India, except Jharkhand, are scheduled to remain open today, November 15, 2025, since it is the third Saturday of the month. Banks are typically closed on weekends, except on the first, third, and fifth Saturdays of each month, according to the Reserve Bank of India region-wise holiday calendar (RBI) for…
These include bus manufacturers Tata Motors, JBM Auto, PMI Electro Mobility Solutions, Pinnacle Mobility Solutions and Volvo Eicher Commercial Vehicles, as well as operators Greencell Mobility Pvt. Ltd and Evey Trans Pvt. Ltd, according to two officials aware of the development. Mint reported first on 1 November that bus makers Tata Motors, JBM, PMI and…
New Delhi: A day after withdrawing 14 quality control orders (QCOs) for 14 mostly imported petrochemicals and industrial raw materials in one stroke, the Centre has left open the implementation date of another major regulation — the Machinery and Electrical Equipment Safety (Omnibus Technical Regulation) Order, 2024. The ministry of heavy industries has issued a…
Despite significant revenue growth, the sector has been grappling with thin margins. “Most of the companies will likely continue acquisitions as they look to set up a presence in new markets,” said Harshit Kapadia, vice-president at broking firm Elara Capital. “These companies are also looking to expand their margins beyond the high-volume industry of electronics…
Bank holiday today: Banks across the country will remain open across the country even though India celebrates Children’s Day today. Notably, all private and public banks across Bihar will remain open today, 14 November, as per the Reserve Bank of India’s (RBI) region-wise holiday calendar list. Bihar Assembly elections results The results of the Bihar…
From traditional manufacturing to digitally adept startups, more firms are hiring CXOs across sectors as market volatility, artificial intelligence and digitisation redefine business models. Hiring a chief executive officer (CEO), a managing director (MD), or a chief financial officer (CFO) who has led acquisitions in unrelated sectors will not result in a myopic outlook that…
Such content is low risk, partially funded upfront and comes with built-in distribution from the sponsoring company itself. The challenge for them, though, is to convince audiences of the authenticity and credibility of titles backed by brands. “Brand-sponsored content continues to play a vital role. It offers OTT platforms and producers an additional monetization stream…
New Delhi: The ministry of agriculture and farmers welfare on Thursday invited public comments on the draft Seeds Bill, 2025, a proposed legislation aimed at overhauling seed regulations. The new Bill seeks to replace the Seeds Act, 1966 and the Seeds (Control) Order, 1983, aligning them with current agricultural practices, technological developments and the growing…
Swedish audio streaming platform Spotify has tweaked its paid offering, introducing a three-tiered subscription even as platforms struggle to convert free users to paying subscribers and the music industry’s digital revenue has contracted. Spotify introduced a Premium Lite plan for ₹139 a month, offering an affordable, ad-free experience, while its ₹199 Premium Standard plan also…