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Relaxed FDI rules: No gains for BYD as EVs kept out
March 12, 2026
|Financial Express Chennai
CHINESE ELECTRIC VEHICLE maker BYD will have to wait longer to push ahead with its manufacturing plans in India despite the government's decision to ease some restrictions on investments from countries sharing a land border with India.
The latest relaxation of the rules under Press Note 3 does not extend to electric vehicle (EV) manufacturing, meaning proposals from Chinese EV makers will continue to require full government scrutiny.
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Financial Express Chennai
Modernising enterprise architecture is the real challenge
Technology shifts driven by artificial intelligence (AI) are reshaping the IT services industry, even as market volatility weighs on technology stocks. Sandip Patel, managing director, IBM India and South Asia, in an interaction with Ojasvi Gupta, spoke about AI-led code modernisation, hybrid cloud strategy and talent development. Excerpts:
2 mins
March 12, 2026
Financial Express Chennai
Relaxed FDI rules: No gains for BYD as EVs kept out
CHINESE ELECTRIC VEHICLE maker BYD will have to wait longer to push ahead with its manufacturing plans in India despite the government's decision to ease some restrictions on investments from countries sharing a land border with India.
1 min
March 12, 2026
Financial Express Chennai
RBI to inject ’50,000 crore via open mkt operation on Mar 13
THE RESERVE BANK of India (RBI) on Wednesday said it will inject ₹50,000 crore into the banking system through Open Market Operation (OMO) purchases of government securities on March 13.
1 min
March 12, 2026
Financial Express Chennai
Investors lose ’5.14L cr as markets decline nearly 2%
AFTER A RELIEF rally on Tuesday on hopes that the West Asia crisis may end soon, benchmark indices went deeper into the red again on Wednesday as energy prices continued to rise globally.
2 mins
March 12, 2026
Financial Express Chennai
RIL to partner US energy firm for $300-bn refinery
‘HISTORIC’ PROJECT TO COME UP IN TEXAS: TRUMP
1 min
March 12, 2026
Financial Express Chennai
AI is driving largest infra buildout in history: Nvidia CEO
The labour required to support this buildout is enormous. These are skilled, well-paid jobs, and they are in short supply
1 mins
March 12, 2026
Financial Express Chennai
Reinventing for the new era
EY'S INDIA DELIVERY CENTRES PLAY A KEY ROLE IN ADVANCING ITS GLOBAL AI AGENDA
3 mins
March 12, 2026
Financial Express Chennai
28 Indian ships stranded in Persian Gulf region
CONFLICT FUELS LPG SCARCITY
1 mins
March 12, 2026
Financial Express Chennai
FTAs open $465-bn market: Giriraj Singh
TEXTILES MINISTER GIRIRAJ
1 min
March 12, 2026
Financial Express Chennai
Push to electronics manufacturing
PRESS NOTE 3 EASING EXPECTED TO UNLOCK TECHNOLOGY TIE-UPS
2 mins
March 12, 2026
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