January 2, 2026January 2, 2026 India has cleared 22 new projects under the Electronics Component PLI scheme. This strengthens its push to build a domestic electronics manufacturing ecosystem. The approvals are expected to attract Rs 41,863 crore in investments, create nearly 37,000 jobs, and generate Rs 2.58 lakh crore…
A select group of Russian companies, including electronics producers and financial institutions, has received approval to use cryptocurrencies for Chinese imports under a pilot legal framework. Overseen by Russia’s central bank and the Ministry of Finance, this initiative targets firms handling dual-use products and facing challenges with international payments, particularly with China. Russian Firms Explore…
The IPO of Gala Precision Engineering is a book-built issue worth Rs 167.93 crore. It consists of a fresh issue of 0.26 crore shares aggregating Rs 135.34 crores and an offer for sale of 0.06 crore shares aggregating Rs 32.59 crores. The subscription for the Gala Precision Engineering IPO would open on September 2, 2024,…