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Tata Steel to invest Rs 12,000 cr in FY23 on India, Europe operations: CEO Narendran Synopsis On Tata Steel's interest in acquiring state-owned Rashtriya Ispat Nigam Limited (RINL), he said the company did not have a dedicated large site…

Tata Group making plans to set up EV battery manufacturing in Europe Synopsis The Indian conglomerate is set to anchor a facility in Europe with its subsidiary Jaguar Land Rover, from where the company will sell battery packs globally, as…

Drug firm Gland Pharma to fully acquire Europe-based Cenexi Group The company, which employs 1,372 people, has experience in processing specific substances like hormones, suspensions and controlled substances Drug firm Gland Pharma on…

IMF raises 2023 forecast on Beijing reopening, strength in US, Europe WASHINGTON: The International Monetary Fund (IMF) yesterday raised its 2023 global growth outlook slightly due to “surprisingly resilient” demand in the United States…

Europe grew faster than the US last year. Its markets are outperforming too Europe's stock markets have beaten Wall Street by the biggest margin in more than three decades over recent months as its economy looks set to dodge a recession…

ARM sells its HPC tools business ARM is to sell its business developing tools for high performance computing to Linaro in the UK. The ARM Forge business was part of Allinea Software, bought by ARM in 2016. It provides debug and…

EU sets out green industry plan to counter U.S., China subsidies BRUSSELS — The European Commission proposed a plan on Wednesday to try to ensure Europe can compete with the United States as a manufacturing hub for electric vehicles and…

Where will Europe get its diesel from in 23 days’ time? Synopsis India and the US, both long-term suppliers to the EU, have also stepped up shipments in recent weeks. US refiners are forecast to produce a record volume of distillates this…

'Will Google follow same steps in India as it did in Europe?' SC on CCI order The top court was hearing a plea filed by Google, seeking a stay on the ₹1,337 cr penalty imposed by India's antitrust regulator. The Supreme Court on Monday…

Second European airline files for bankruptcy Norwegian start-up airline Flyr has filed for bankruptcy after failing to secure further funding with all future flights being cancelled. The Oslo-based company, which was set up in 2020,…