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Sona Comstar to make EV magnets
Financial Express Ahmedabad
|July 01, 2025
THE COMPANY, WHICH supplies gears and motors to car makers such as Tesla and Stellantis, imported 120 metric tonnes of magnets from China in the last financial year.
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Singh said the company will look at the government incentives once they are finalised, and other factors, to determine its investment in the local manufacturing. He said the company has the funds for local manufacturing, citing its five-fold increase in revenue to more than $400 million over the past five years. Any plans to mine and process rare earths would take years to develop, so will not provide an immediate solution to reducing relianc
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Financial Express Ahmedabad
Haryana govt de-empanels.
ALL DEPARTMENTS AND organisations have been asked to transfer balances and close accounts maintained with these banks without delay.
1 min
February 23, 2026
Financial Express Ahmedabad
Will Warsh pander to Trump with first cut?
OUTGOING FED CHAIR Jerome Powell may well have presided over the last inter- est rate cut of his career given the recent run of data. And Kevin Warsh, his would- be replacement, may find himself waiting uncomfortably long—right up close to the midterm—to start the policy easing that President Donald Trump expects from his hand-picked new chair.
3 mins
February 23, 2026
Financial Express Ahmedabad
MNCs bullish on India despite mixed Dec qtr
WILL CONTINUE TO DOUBLE DOWN ON INVESTMENTS, SAY MOST CEOs
2 mins
February 23, 2026
Financial Express Ahmedabad
'Performance matters; control matters just as much'
DataDirect Networks (DDN) is the only independent data intelligence technology Nvidia has relied on internally for the past eight years, and it’s been key to driving GPU efficiency inside Nvidia’s own AI infrastructure.
2 mins
February 23, 2026
Financial Express Ahmedabad
PM unveils ₹13K-cr projects in Meerut
PRIME MINISTER NARENDRA Modi on Sunday inaugurated development projects worth around %12,930 crore in Meerut and said the BJP’s work culture ensures the timelycompletion of projects once their foundation is laid.
1 mins
February 23, 2026
Financial Express Ahmedabad
Career capital is new corporate currency
WHILE THE ERUDITUS GROUP recently made headlines for facilitating the entry of seven global universities into India - including the University of Bristol and UNSW - the company’s internal roadmap reveals a deeper shift.
2 mins
February 23, 2026
Financial Express Ahmedabad
Data centre power demand to rise 6 times by 2030, may strain Grid
INDIA'S DATA CENTRE capacity is projected to surge nearly sixfold from about 1.5 GW in 2025 to 8-10 GW by 2030, while electricity consumption from the sector is expected to rise sharply from 10-15 terawatt hours (TWh) in 2024 to 40-45 TWh by 2030.
1 mins
February 23, 2026
Financial Express Ahmedabad
Policing Instagram a tough task
MARK ZUCKERBERG SAID that it’s “very difficult” to enforce Instagram’s age limits.
1 min
February 23, 2026
Financial Express Ahmedabad
RBI builds high-security data centre in Odisha
THE RESERVE BANK of India has built a high-security data centre in Odisha, strategically located well away from potential cross-border threat zones and high seismic-risk regions, as part of efforts to safeguard critical financial infra and strengthen continuity of core systems.
1 min
February 23, 2026
Financial Express Ahmedabad
More power, less plasticky
DON’T BUY IT IFYOU WANTTO SIT IN THE BACKSEAT
1 mins
February 23, 2026
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