24 companies to invest Rs 3,516 crore under PLI scheme for ACs and LED lights

IANS | January 20, 2025 2:26 PM

New Delhi, Jan 20 (IANS) With as many as 24 beneficiary companies committing an investment of Rs 3,516 crore in the third round, the government’s production-linked incentive (PLI) scheme is poised to significantly boost the production of components of ACs and LED lights across India, according to a Commerce and Industry Ministry statement on Monday.

Paytm logs 10 pc revenue jump at Rs 1,828 crore in Q3, PAT improved by Rs 208 crore

IANS | January 20, 2025 12:05 PM

New Delhi, Jan 20 (IANS) Leading payments and financial services company, Paytm, on Monday reported impressive robust growth across key financial metrics. The company’s operating revenue surged by 10 per cent quarter-on-quarter (QoQ) to Rs 1,828 crore in Q3 FY2025, driven by its payments business and expanding financial services distribution portfolio.

This govt understands the multiplier effect auto sector has: DC2 Design’s Dilip Chhabria

IANS | January 20, 2025 11:02 AM

New Delhi, Jan 20 (IANS) In the last 40-50 years, the auto industry was treated like a luxury sector burdened by too many taxes, and it is only in the last couple of years that the government, led by Prime Minister Narendra Modi, has realised the multiplier effect that the auto sector has, Dilip Chhabria, founder of automotive customisation company DC2 Design, said on Monday.