VE Commercial Vehicles to invest Rs 544 crore to boost manufacturing in India

IANS | October 9, 2025 10:51 AM

New Delhi, Oct 9 (IANS) VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, on Thursday announced an investment of Rs 544 crore (about 576 million Swedish Krona) to set up a new factory for the production and final assembly of Volvo Group’s advanced 12-speed Automated Manual Transmission (AMT) systems.

InGovern flags tax disputes, royalty risks in LG Electronics India IPO

IANS | October 9, 2025 10:18 AM

Mumbai, Oct 9 (IANS) Governance advisory firm InGovern Research Services has raised several red flags for investors in LG Electronics India Limited’s initial public offering (IPO), warning that the company’s contingent liabilities, royalty payment structure, and related-party transactions could pose significant risks.

Indian satcom market expected to triple to $14.8 billion by 2033: Minister

IANS | October 9, 2025 9:51 AM

New Delhi, Oct 9 (IANS) The Indian satellite communications (satcom) market, valued at $4.3 billion in 2024, is expected to triple to $14.8 billion by 2033, underscoring both the economic and strategic potential of the sector, according to Union Communications Minister Jyotiraditya Scindia.

India, UK hold meet to fast-track CETA implementation, double trade by 2030

IANS | October 8, 2025 10:44 PM

Mumbai, Oct 8 (IANS) Commerce and Industry Minister Piyush Goyal on Wednesday met Peter Kyle, UK’s Secretary of State for Business and Trade, here with a view to move forward with the operationalisation of the India-UK Comprehensive Economic and Trade Agreement (CETA) and double the bilateral trade by 2030.