NEW DELHI: When it comes to wooing investors and facilitating sustained investments Gujarat, Maharashtra, Tamil Nadu, Goa and Odisha have emerged as the top performing states in the first ever ‘Investment Friendliness Index’ released by NITI Aayog on Friday.The states scored well over 50 on a scale of 1-100 in the index covering all 36…
The California company grows produce in more than 12 states, and in Mexico and Canada. Taco Bell and food distributor Sysco have pulled Taylor Farms lettuce from supply chains. Source link
CHENNAI: With a slate of crucial free trade agreements (FTAs) operationalised, the textile industry is upbeat on export opportunities. The UK deal, which kicked in on Wednesday, eliminates tariffs of up to 12% and brings parity with key competitors like Bangladesh and Vietnam. While companies of all sizes are actively negotiating orders, concerns remain that…
The F.D.A. is planning to inspect farms and a lettuce shredding facility to determine how lettuce supplied by the produce company Taylor Farms to Taco Bell became contaminated and where it was shipped. Source link
MUMBAI: Reliance Industries, India’s most valuable company by market capitalisation, reported a 25% fall in quarterly profit to Rs 23,196 crore on Friday, beating analysts’ average estimate of Rs 18,550 crore. The decline was mainly due to a one-off gain of Rs 8,924 crore from a stake sale in Asian Paints in the year-earlier quarter.Revenue…
Risk is rising as big tech companies like Oracle — the ultimate financial source of the Ellison media empire — need to turn to the bond market for staggering sums to finance data centers. Source link
India’s first hydrogen-powered train will run between Jind and Sonipat taking over two hours to complete the journey. India’s first hydrogen train was flagged off by Prime Minister Narendra Modi on Friday at the Jind railway station in Haryana. With this launch, India joins a list of select countries in the world that have trains…
Investors are growing uneasy about increasing competition from China in the global race to dominate artificial intelligence. Source link
Niti Aayog has proposed a major overhaul of India’s biotechnology strategy, recommending the country to replace fragmented programmes with six mission-driven national initiatives, accelerating growth in the sector. These recommendations come as part of its newly released bioeconomy roadmap, which sets a target of building a $691 billion bioeconomy by 2035.The roadmap mentioned that the…
China’s Moonshot AI unveiled a freely available artificial intelligence model that seemed to narrow the gap with cutting-edge offerings from U.S. tech companies. Source link
