EV Makers Want Rare Earth Magnet Import Extension to 2027

India's top electric bus and truck manufacturers plan to request a one-year extension on import exemptions for rare earth magnet motors under the PM E-Drive scheme, citing persistent supply disruptions from China. Read more.

JBM Group to buy Fortum's GLIDA EV charging business

JBM Group signs exclusivity pact to acquire Fortum's GLIDA EV charging network in India, marking the Finnish energy giant's complete exit from the Indian market. The deal involves 850 charging points across 17 states.

Indian IT firms spend record $4.3B on acquisitions

India's top 10 IT companies announce a record $4.3 billion in acquisitions this fiscal, shifting focus from shareholder payouts to plugging AI and cloud capability gaps. Explore the strategic reset.

Jaipur: 3 Shop Verandahs Collapse in Nehru Bazaar

Verandahs of three shops collapsed in Jaipur's Nehru Bazaar, highlighting dangerous structural neglect in heritage markets. No injuries reported. Read about the urgent maintenance crisis.

Kochi Camp to Help Claim Unclaimed Bank Deposits

A major camp in Kochi on Monday will help beneficiaries claim unclaimed deposits worth Rs 307.69 crore from 11.93 lakh accounts. Learn how to reclaim your money with proper documents.

IOB to raise Rs 4,000 crore via QIP, govt stake to fall

Indian Overseas Bank plans a Rs 4,000 crore QIP in Q4 FY26, potentially reducing government holding by 3-3.5%. The move aligns with SEBI's public shareholding norms. Read more about the bank's expansion plans.

Delhi Pollution Leads to High-Profile Resignation

Rajkumar Bafna, President of Finance at Akums Drugs, resigns citing Delhi's toxic air. His case highlights a growing trend of professionals leaving the capital for health reasons. Read the full story.

Bihar's High-Curcumin Turmeric Eyes GI Tag

Samastipur's Rajendra Sonia turmeric, with 7-8% curcumin, may soon get a GI tag, surpassing Meghalaya's Lakadong. A new policy paper outlines Bihar's strategy to boost production and tap into India's booming turmeric economy.

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