With metros and monorails becoming popular as mass transit systems in India, global giants are setting up factories here. Bombardier’s Rs 200 crore plant in Savli, Gujarat, already supplies coaches to the Delhi Metro Rail Corp. (DMRC) as well as Adelaide, Australia. It rolls out at least one coach each day to meet orders worth Rs 4,850 crore. Alstom’s factory near Chennai is also in the works.
Enterprise
Google Cloud, YouTube to clock $100-billion revenue in 2024: Sundar Pichai
Google's parent Alphabet reported a revenue of $80.5 billion for the quarter ended March, up 15% year-on-year.
Tata Steel to proceed with £1.25 bn investment in Port Talbot
Tata’s plan involves replacing the blast furnaces, which produce molten iron from iron ore, with electric arc furnaces
HUL removes Horlicks from ‘health’ category to 'FND'
Horlicks and Boost rebranded under the “functional nutritional drinks” category after the government’s directive to the companies
Vedanta Q4 profit falls 27% to ₹1,369 cr
The dip in net profit attributed to falling prices of metals like zinc, copper, and aluminium, coupled with a lacklustre performance in the oil and gas sector
Enterprise
Google Cloud, YouTube to clock $100-billion revenue in 2024: Sundar Pichai
Google's parent Alphabet reported a revenue of $80.5 billion for the quarter ended March, up 15% year-on-year.
Tata Steel to proceed with £1.25 bn investment in Port Talbot
Tata’s plan involves replacing the blast furnaces, which produce molten iron from iron ore, with electric arc furnaces
HUL removes Horlicks from ‘health’ category to 'FND'
Horlicks and Boost rebranded under the “functional nutritional drinks” category after the government’s directive to the companies
Vedanta Q4 profit falls 27% to ₹1,369 cr
The dip in net profit attributed to falling prices of metals like zinc, copper, and aluminium, coupled with a lacklustre performance in the oil and gas sector
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