Business Industry

India’s Economic Recovery and Manufacturing Sector Slowdown

By BPN News Desk March 1, 2025

India’s economy has shown signs of recovery, with GDP growth improving in the October-December quarter compared to the previous period. This rebound has been driven by increased government and consumer spending, alongside a strengthening rural economy. However, despite these positive trends, concerns persist about the sluggish growth in the manufacturing sector. Persistent

Business Industry

Maruti Suzuki’s February 2025 Sales Near 200,000 Units

By BPN News Desk March 1, 2025

Maruti Suzuki India Limited (MSIL) recorded total sales of 199,400 units in February 2025, reflecting a marginal increase of 0.98% compared to the 197,471 units sold in the same month last year. The company’s performance remained steady, driven by domestic demand, even as exports showed a slight decline. Domestic Sales Growth The company’s domestic sales, […]

Business Industry

Qatar Airways Defends Crew After Passengers Seated Next to Deceased Passenger

By BPN News Desk March 1, 2025

A Qatar Airways flight from Melbourne to Doha faced an unfortunate situation when a female passenger suffered a medical emergency and, despite the crew’s efforts, was pronounced dead mid-flight. The deceased remained in her seat next to Australian passengers Mitchell Ring and Jennifer Colin for nearly four hours until the aircraft landed. Passengers’ Experience Ring […]

Business Industry

US Court Finds Byju’s Official Guilty of Hiding $533 Million

By BPN News Desk March 1, 2025

A U.S. Bankruptcy Court has ruled that a senior official at Byju’s violated fiduciary duty by concealing $533 million from creditors. The court found that the funds were fraudulently transferred to a Miami-based hedge fund to prevent lenders from accessing them, raising serious concerns about financial misconduct within the company. Background of the Case

Business Industry

Mahindra Surpasses Hyundai as India’s Second-Largest Carmaker in February 2025

By BPN News Desk March 1, 2025

In February 2025, Mahindra & Mahindra achieved a significant milestone by surpassing Hyundai Motor India to become the country’s second-largest car manufacturer. The company reported domestic SUV sales of 50,420 units, reflecting a 19% year-on-year growth. This strong performance highlights Mahindra’s increasing dominance in the Indian automotive sector, driven by the

Business Industry

Tuhin Kanta Pandey Appointed as New SEBI Chairman

By BPN News Desk February 28, 2025

The Appointments Committee of the Cabinet has approved the appointment of Tuhin Kanta Pandey, the current Finance Secretary and Secretary of the Department of Revenue, as the new Chairman of the Securities and Exchange Board of India (SEBI). He will assume the role for an initial term of three years, starting from the date he […]

Industry

India Emerges as Key Exporter of Apple Components to China and Vietnam

By BPN News Desk February 28, 2025

India has commenced exporting electronic components to China and Vietnam for the assembly of Apple products, marking a significant shift in the global supply chain dynamics. This development is a testament to the success of the ‘Make in India’ initiative, which aims to position the country as a manufacturing hub for high-quality electronic components. Leading

Business Industry

India’s First Indigenous Semiconductor Chip Set for 2025 Production

By BPN News Desk February 26, 2025

Union Minister for Electronics and Information Technology, Ashwini Vaishnaw, announced that India’s inaugural indigenous semiconductor chip is slated for production by 2025. This declaration was made during the ‘Global Investors Summit 2025’ in Bhopal, where Vaishnaw participated via video conference. Advancements in Semiconductor Manufacturing India has

Business Industry

Beverage Industry Considers Legal Action Over Recycled PET Mandate

By BPN News Desk February 26, 2025

Leading beverage manufacturers are contemplating legal measures in response to a government directive mandating the use of packaging bottles composed of 30% recycled food-grade rigid plastic by April 1. Industry giants such as Coca-Cola, PepsiCo, Bisleri, and Parle Agro express concerns over the feasibility of this timeline, citing insufficient infrastructure and recycling

Business Industry

Assam’s Semiconductor Plant Spurs Investment and Infrastructure Growth

By BPN News Desk February 26, 2025

Union Minister Ashwini Vaishnaw announced that the semiconductor plant in Assam’s Morigaon district has catalyzed the creation of a comprehensive ecosystem, drawing investment interests from multiple countries. Speaking at a session on semiconductors, the Minister for Railways, Electronics, and Information Technology highlighted that the establishment of the