Haryana CM lays foundation stone for three GMDA projects
Maruti leases 270,000 sq ft at Tag Avenue
Maruti Suzuki, the leading passenger car manufacturer in India, has reportedly secured a lease for 270,000 square feet of office space in Tag Avenue, a prominent commercial building located in Gurgaon. This development comes in response to a request made by Haryana Chief Minister Manohar Lal Khattar last year, urging the automotive giant to relocate its corporate office to Gurgaon. The request was accompanied by the allocation of 900 acres of land to Maruti Suzuki India Limited and Suzuki Two Wheeler India Private Limited in Haryana.
It's worth noting that Maruti Suzuki's current corpo..
Haryana CM greenlights key developmental projects
Metro between Ballabgarh and Palwal approved!
IIFCL's FY24 disbursement surges 62% to Rs 223.56 bn
The state-owned India Infrastructure Finance Company announced a disbursement of Rs 223.56 billion in the fiscal year 2023-24 (April-March), marking a 62% increase compared to the previous year. This surge indicated a heightened demand for longer tenure financing within the infrastructure sector. As of March 2024, the cumulative disbursement on a consolidated basis amounted to about Rs 1.48 trillion.
During a post-earnings press conference, Padmanabhan Raja Jaishankar, the Managing Director of IIFCL, stated that the proportion of completed and operational assets had been steadily g..
Biden's Tariffs Signal U.S. Trade Policy Shift
In a significant move signaling a strategic shift in U.S. trade policy, President Joe Biden has announced new tariffs targeting a range of Chinese clean tech exports. This move comes amidst a backdrop of increasing tensions between the world's two largest economies and a growing emphasis on decarbonization efforts globally.
The escalation of tariffs, particularly on goods such as Chinese electric vehicles and solar cells, underscores Biden's aim to address both climate change and the need to reduce dependency on Chinese manufacturing. While some may view these tariffs as primarily symb..