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PM E-DRIVE: Govt Aims To Cut Processing Time For EV Subsidy Claims

India, April 28 -- The Ministry of Heavy Industries (MHI) is reportedly planning to reduce the processing time for EV subsidy claims from 40 days to just five. A Business standard report said that to... Read More


EV Startup River's Revenue Surges 21X To Cross INR 100 Cr Mark In FY25

India, April 26 -- Bengaluru-based EV startup River's operating revenue skyrocketed nearly 21X to INR 104 Cr in the financial year ended March 31, 2025 (FY25) from INR 5 Cr in the previous fiscal year... Read More


IN-SPACe Unveils Initiative To Help Private Firms Build Small Satellite Bus Platforms

India, April 26 -- The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has launched a new programme for private space companies to design and build small satellite bus platforms. ... Read More


Apple Plans To Shift Entire US iPhone Assembly To India By 2026: Report

India, April 25 -- Apple is reportedly planning to shift the entire assembly of iPhones sold in the US to India by as early as next year. This would mark a major move in Apple's global manufacturing ... Read More


VinFast Plans To Open Tamil Nadu EV Plant By June

India, April 24 -- Over a year after announcing setting up of an EV manufacturing facility in Tamil Nadu, Vietnamese EV major VinFast now plans to open it by the end of June. VinFast's India plant, l... Read More


VinFast Planning To Open Tamil Nadu EV Plant By June

India, April 24 -- Over a year after announcing setting up of an EV manufacturing facility in Tamil Nadu, Vietnamese EV major VinFast now plans to open it by the end of June. VinFast's India plant, l... Read More


Pine Labs Elevates CEO Amrish Rau To MD & Chairman Ahead Of IPO

India, April 24 -- Fintech major Pine Labs has elevated its chief executive officer Amrish Rau to the dual role of managing director and chairman amid plans for an initial public offering worth $1 Bn.... Read More


I-T Department Tightens Noose Around Startups Over Potential Round-Tripping

India, April 24 -- As financial fraud allegations continue to surface in the Indian startup ecosystem, with companies like Gensol and Medikabazaar under the lens, the Income Tax Department has reporte... Read More


MobiKwik Floats NBFC, To Apply For Licence

India, April 23 -- Listed fintech company MobiKwik on Wednesday (April 23) announced the incorporation of a wholly-owned non-banking financial company (NBFC), Mobikwik Financial Services Private Limit... Read More


Digital Competition Law To Take A Back Seat Amid Ongoing Trade Talks With US

India, April 23 -- The introduction of the Digital Competition Bill is likely to be delayed amid India's ongoing negotiations with the US for a bilateral trade deal. Citing sources, CNBC TV18 reporte... Read More