Day: January 24, 2022

Technology

Ministry of Electronics & IT releases 2nd Volume of Vision Document on Electronics Manufacturing

January 24, 2022 News Desk Comments Off on Ministry of Electronics & IT releases 2nd Volume of Vision Document on Electronics Manufacturing

Ministry of Electronics and Information Technology, in association with ICEA, released a 5-year roadmap and Vision Document for the electronics sector today, titled “$300 bn Sustainable Electronics Manufacturing & Exports by 2026.” This roadmap is the second volume of a two-part Vision Document – the first of which titled “Increasing India’s Electronics Exports and Share in GVCs” was released in November 2021. […]

Business

CCI imposes penalty on maritime transport companies for indulging in cartelisation

January 24, 2022 News Desk Comments Off on CCI imposes penalty on maritime transport companies for indulging in cartelisation

The Competition Commission of India (‘CCI’) passed a final order against four maritime transport companies namely Nippon Yusen Kabushiki Kaisha (‘NYK Line’), Kawasaki Kisen Kaisha Ltd. (‘K-Line’), Mitsui O.S.K. Lines Ltd. (‘MOL’) and Nissan Motor Car Carrier Company (‘NMCC’) for indulging in cartelisation in the provision of maritime motor vehicle transport services to automobile Original Equipment Manufacturers (OEMs) for various trade routes. Amongst these four companies, NYK Line, MOL and NMCC were lesser penalty applicants before CCI. […]

Finance

Generali acquires shares in Future Generali Insurance

January 24, 2022 News Desk Comments Off on Generali acquires shares in Future Generali Insurance

The Competition Commission of India (CCI) approves acquisition of shares of Future Generali India Life Insurance Company Limited (FGLIC) by Generali Participations Netherlands N.V (GPN), pursuant to which GPN’s shareholding in FGLIC will stand increased from 49% to upto approx. 71%. […]

Business

ODOP sees success in J&K

January 24, 2022 News Desk Comments Off on ODOP sees success in J&K

‘One District One Product’ (ODOP) initiative of Centre churning big success stories in J & K, North East , Uttar Pradesh; Department for Promotion of Industry and Internal Trade (DPIIT) holds State Conference to promote ‘One District One Product’ (ODOP) Initiative […]