Business News

Business

Embraer Considers Establishing KC-390 Assembly Line in Poland to Boost Aerospace Ties

Embraer S.A. is exploring the establishment of a KC-390 military transport aircraft assembly line in Poland, alongside signing a Memorandum of Understanding with the Lukasiewicz In...

Business

Merck Unveils a $1 Billion Vaccine Manufacturing Powerhouse in North Carolina

Merck & Co Inc. has opened a new $1 billion vaccine manufacturing facility in Durham, North Carolina, as part of its $12 billion investment in the US since 2018, with plans for an ...

Business

Raptee.HV Secures $19 Million Funding and ARAI Certification for Innovative E-Two Wheeler

Chennai EV startup Raptee.HV is securing $19 million in funding and has received ARAI certification for its electric two-wheeler, marking significant growth and innovation in the E...

Business

Revolutionizing Pilot Training in India: A Historic Partnership for DA40 NG Aircraft Production

Sakthi Aircraft Industry Pvt Ltd and the Aero Club of India have partnered to manufacture 200 Diamond DA40 NG trainer aircraft in India, marking a significant step in the country's...

Business

Tesla Stock Rises 3% Following President Trump's Public Endorsement and Purchase Pledge

Tesla's shares increased by 3% following President Trump's endorsement and his promise to buy a new Tesla, amidst the company's ongoing challenges and controversies.

Business

Volkswagen Reports Slight Revenue Increase Amidst Sales and Production Declines in 2024

Volkswagen Group announced a 0.7% revenue increase to €324.6 billion in 2024 despite a 3.5% drop in vehicle sales and a 15.4% decrease in operating profit. The company anticipates ...

Business

Sebi Issues Warning to IIFL Capital Over Due Diligence Lapses in Debt Issues

Sebi warns IIFL Capital over due diligence lapses in debt issues, with no financial implications. The company's stock showed minor fluctuations but remains stable.

Business

India's Edible Oil Imports Witness an 8% Drop in February: Insights from SEA

India's edible oil imports fell by 8% in February 2025, marking the lowest monthly import volume since May 2020. Despite this, the first four months of the 2024-25 oil year saw a 4...