Economic Times

No justification to change CAFE  norm: Shailesh Chandra, MD & CEO of TMPV

Tata Motors opposes proposed changes to India's CAFE norms, arguing they lack justification and could compromise safety. The company asserts it can meet existing standards without special concessions.

Substantial growth in insurance biz since GST rationalisation: Irdai member

The insurance sector has seen significant growth following GST rate cuts, with regulators urging for expanded coverage and affordability. Digitisation is key to reducing costs and increasing transparency.

Amazon bets on AI to pull millions of Indian sellers into video advertising

Amazon has introduced its AI video creation tool in India, enabling small sellers to produce video ads quickly and affordably. This move is significant for the growing digital advertising market in the country.

Upcoming Vizag international airport to house largest MRO, says GMR Group founder GM Rao

GMR Group plans to build the largest MRO unit at the upcoming Bhogapuram international airport in Andhra Pradesh, set to open by June 2026. This development aims to boost local job opportunities and attract global aerospace manufacturers.

Every 50 days new airport is coming up in India, says Civil Aviation Minister Naidu

India is rapidly expanding its airport infrastructure, with a new airport opening every 50 days, according to Civil Aviation Minister K Ram Mohan Naidu. This growth is significant for the aviation sector.

Stakeholders, experts from 7 countries to participate in Global Energy Leaders' Summit in Puri

The Global Energy Leaders' Summit will take place in Puri from December 5-7, featuring experts from seven countries. It aims to share best practices in the energy sector.

SpiceJet brings Chandan Sand on airline's board as executive director

SpiceJet has appointed Chandan Sand as an Executive Director, aiming to strengthen its leadership amid ongoing financial challenges. This is the second key appointment in November.

Hero Future Energies signs Rs 30,000-crore pact with Andhra Pradesh for renewable energy projects

Hero Future Energies has signed a Rs 30,000-crore agreement with Andhra Pradesh to develop 4 GW of renewable energy projects, creating over 15,000 jobs.

Supreme Court asks Centre for implementation of 2020 electric vehicles policy from metropolitan city

The Supreme Court has directed the Centre to revisit and implement the 2020 electric vehicles policy, considering changes over the past five years. This is crucial for promoting electric vehicle adoption and improving infrastructure.

Policy support key for Tata Steel UK: CFO

Tata Steel's UK operations need more government support to achieve cash neutrality. Losses have narrowed but still fall short of management expectations.

Banks at crossroads as AI costs rise and risks escalate: S&P Report

Global banks are encountering rising costs and risks from AI and digitalization, impacting their business models and credit quality. This shift could widen the performance gap between stronger and weaker banks.

ReNew to invest Rs 82,000 crore in entire renewable energy spectrum in Andhra

ReNew plans to invest Rs 82,000 crore in Andhra Pradesh's renewable energy sector, focusing on solar and green hydrogen. This marks their return to the state after five years.