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US Permits Iran To Sell Oil Under 60-Day Licence After Round 1 Of Talks
Treasury Secretary Scott Bessent says Tehran has committed to free navigation through the Strait of Hormuz and agreed to allow UN nuclear inspectors back into the country.
Reliance to turn crude into carbon fibre, green chemicals, other materials in major O2C overhaul
Reliance Industries is set to reinvent its oil-to-chemicals business. The company will convert crude oil into advanced materials and green chemicals. This strategy aims to create new revenue streams and reduce exposure to global energy market volatility. Reliance is committed to ensuring India's energy security by future-proofing its legacy business and building new growth engines.
Indian refiners sitting on enough crude, in no rush to resume purchases from West Asia
India's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of Hormuz reopens. Suppliers have asked them to resume contractual volumes. Refiners have not yet committed. India's imports from the Middle East fell significantly in the second quarter. They are considering alternative suppliers.
'They Were Slapped Once': Iran Warns US Of 'Crushing Response' To Breach Of Contract, Excessive Demands
Ghalibaf said Iran remains committed to implementing the conditions set by Supreme Leader Ayatollah Mojtaba Khamenei.
A330 neo planes could be very good option for Indian aviation market: Airbus exec
India's aviation sector is set for significant expansion. Airbus believes its A330 neo aircraft is a strong contender for Indian airlines. The company anticipates substantial growth in air travel within India over the next decade. Airbus is committed to supporting this growth with its aircraft deliveries and increasing local sourcing.
Tata Motors PV confident of delivering industry-leading growth in FY27: Chairman N Chandrasekaran
Tata Motors Passenger Vehicles anticipates industry-leading growth in FY27. This confidence stems from a strong lineup of new vehicle launches and diverse powertrain options. The company will continue its collaboration with Jaguar Land Rover on manufacturing and technology. Focus remains on safety, sustainability, quality, and customer satisfaction. Tata Motors is committed to Net Zero by 2040.
DBS optimistic about India’s long-term structural growth: Chief says country must invest in talent; focus on wealth space
DBS Bank's CEO views India as a significant long-term growth opportunity. The nation can benefit from the AI-driven demand for hardware. However, India must invest in its people and education to seize this potential. DBS remains committed to India, increasing investments in wealth management and client connectivity. The bank sees strong future prospects for the country.
In most aggressive phase of India expansion; here for long-term market wins: Amazon India head
Amazon is in its most aggressive expansion phase in India, with plans to invest $35 billion by 2030 on top of the $40 billion already committed, India head Samir Kumar said. The company is ramping up investments in e-commerce, AI, exports and quick commerce through Amazon Now, while targeting 100 cities and 1,000 micro-fulfilment centres.
Aviation Minister Naidu On AI-171 Anniversary: Committed To Finding The Cause
An artist gives a finishing touch to a painting to pay tribute ahead of the first anniversary of the Air India flight AI-171 crash, in Mumbai, Maharashtra.
Google and Meta are spending $300 million to train blue-collar workers. The AI boom made them do it
Google has committed $50 million and Meta $250 million to train electricians, welders and construction workers across the US. Behind the spending is a stark reality: without blue-collar labour, the AI boom stalls.
India among Marriott's fastest-growing markets; footprint to double in 5 years
Marriott International sees India as a key growth market. The company plans to double its hotel presence in India within five years. This expansion includes over 200 hotels in the pipeline. Marriott's confidence stems from India's growing middle class and strong travel demand. The company is committed to investing further in India, bringing more brands and properties to the country.
Government approves 22 new applicants under Round-3 of Production Linked Incentive Scheme for Textiles
The Government has approved 22 new applicants under the Round-3 of the Production Linked Incentive (PLI) Scheme for Textiles. The newly approved companies are expected to bring in a total investment of Rs 2,339.14 crore, generate a projected turnover of Rs 15,561.34 crore in notified products, and create 36,217 employment opportunities across the textile value chain. A total of 96 companies have been selected under Round-3 of the scheme with a total committed investment of Rs 12,822.67 crore and a projected turnover of Rs 58,294.18 crore.