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First in 60 years: Airbus board wraps-up meet in India; expansion in focus

Airbus team with various union ministers (image posted by Piyush Goyal and S Jaishankar on X respectively) Airbus’ board members completed their four-day visit to India on Thursday. India represents a crucial market for the aerospace company, as confirmed by an official, as quoted by PTI.The board conducted their first meeting in India since beginning…

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Proposals worth Rs 1.1 lakh crore come in for electronics component manufacturing scheme

NEW DELHI: Govt’s efforts to deepen the Indian component ecosystem for electronics has received a massive boost with domestic and international companies putting in applications for investing over Rs 1.1 lakh crore in new projects – almost twice to the original target – which have the potential to result in creating incremental production to the…

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‘Engaging discussion’: Commerce minister Piyush Goyal meets Airbus chairman, board members; investment, collaboration in focus

Piyush Goyal meets Airbus board led by chairman René Obermann to India NEW DELHI: Commerce and Industry Minister Piyush Goyal conducted meetings with Airbus Board members, headed by Chairman Rene Obermann, discussing investment prospects and related matters in India.“Welcomed the @Airbus Board, led by their Chairman, Mr. René Obermann to India. We had an engaging…

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Berkshire Hathaway to acquire OxyChem for $9.7 billion: Last major deal under Warren Buffett’s leadership? What we know

Warren Buffett-owned Berkshire Hathaway is set to acquire Occidental Petroleum’s chemical division, OxyChem, for $9.7 billion, marking possibly the last major deal under the billionaire investor who owns the firm, set to retire by year-end.Notably, Buffett’s name was absent from Thursday’s announcement materials, as reported by Associated Press, suggesting a transition of leadership to Vice…

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India’s auto sector: Tata Motors gains second spot in PV market; Hyundai and M&M fall behind

Tata Motors has reclaimed the second spot in India’s passenger vehicle market, overtaking Hyundai Motor India and Mahindra & Mahindra in September, thanks to a strong performance in both SUVs and electric vehicles (EVs). The company has also widened its lead over the JSW MG Motor in the EV segment.According to government data from the…

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Aadhaar update charges hiked: Certain services cost more from October 1, biometric update fee for children waived – check details

The Unique Identification Authority of India (UIDAI) has announced a revised fee structure for Aadhaar-related services, effective October 1, 2025, and applicable until September 30, 2028. Subsequent adjustments are scheduled from October 1, 2028, to September 30, 2031.Under the new rates, standard service fees will rise: services previously costing Rs 50 will increase to Rs…

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TCS sues SpiceJet: Delhi HC summons airline; IT firm alleges unpaid dues of Rs 2.34 crore

The Delhi High Court has summoned SpiceJet to respond to a recovery petition filed by Tata Consultancy Services (TCS), which is seeking the attachment of the airline’s property at Terminal 1D of Indira Gandhi International Airport.TCS is claiming Rs 2.34 crore, along with interest, for services provided to the airline between July 2019 and September…

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Who is Aravind Srinivas? Perplexity CEO youngest among India’s billionaires- Check how much wealth he has

Aravind Srinivas (Image credit: Instagram handle) Chennai-born Aravind Srinivas, 31, has emerged as India’s youngest billionaire, debuting on the M3M Hurun India Rich List 2025. As the founder and CEO of AI startup Perplexity, Srinivas is gaining recognition for his work in generative AI, having an estimated net worth of Rs 21,190 crore. Srinivas’ rise…

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Defence exports boost: Armoured Vehicles Nigam seeks to rope in international partners; aims to sell platforms, vehicles and spare parts

Armoured Vehicles Nigam (AVANI), India’s leading producer of armoured platforms, is looking to expand internationally and is scouting for partners to market its products overseas. The company is targeting Africa, West Asia, Central Asia, and Southeast Asia for potential channel partnerships to export its vehicles, spare parts, and maintenance support.AVANI manufactures key defence platforms, including…

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