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Kia in talks over moving $1.1 billion plant from Andhra to Tamil Nadu – sources

Vijayawada: Kia Motors officials meet Andhra Pradesh, Chief Minister Y. S. Jagan Mohan Reddy in Vijayawada, on Aug 5, 2019. (Photo: IANS) New Delhi, Feb 5 (SocialNews.XYZ) South Korea’s Kia Motors is discussing with the…




Carmakers gear up for EV future in India

By Md Waquar Haider Greater Noida, Feb 5 (SocialNews.XYZ) With the world’s leading carmakers showcasing their latest electric vehicles (EVs) at the Auto Expo 2020, industry leaders have stressed on their own contribution towards building…





Vikram Solar appoints Saibaba Vutukuri as new CEO

Kolkata, Feb 5 (SocialNews.XYZ) Vikram Solar, one of India’s leading module manufacturers and a prominent EPC & rooftop solar solutions provider, announced on Wednesday the appointment of renewable energy sector veteran, Mr Saibaba Vutukuri, as…


Rs 9 lakh crore locked in direct tax disputes

New Delhi, Feb 5 (SocialNews.XYZ) As much as Rs 9 lakh crore may be locked in direct tax disputes and the government hopes to gain substantially from ‘No Dispute but Trust’ Scheme proposed in the…



Outlook on Vodafone Idea critical, says parent firm

New Delhi, Feb 5 (SocialNews.XYZ) Vodafone on Wednesday said the outlook for its India telecom joint venture Vodafone Idea remained “critical” and it was seeking relief from the government to pay the adjusted gross revenue…


Markets end higher for the 3rd straight day

Mumbai, Feb 5 (SocialNews.XYZ) Shrugging off the negativity provoked by the Union Budget, the Indian stocks markets closed sharp for the third straight session on Wednesday, fuelled mainly by a fall in global oil prices….





Services PMI at 7-year high in Jan 2020 at 55.5

New Delhi, Feb 5 (SocialNews.XYZ) India’s January composite PMI of 56.3 comes in at a 7-year high whereas services PMI signals strongest show of 7 year high of 55.5 in January. India’s January manufacturing activity…



Concor EoI for 30% stake sale this month: Sources

New Delhi, Feb 5 (SocialNews.XYZ) The disinvestment department DIPAM will issue expression of interest for railway PSU Concor this month with the stumbling block of railway land issues being on way to be resolved, sources…