India to Become Power in Semiconductor Industry, Government Approved 3 Semiconductor Units

The Central Government has given approval for three semiconductor units. The demand for semiconductors has increased rapidly in the last few years. Due to less number of companies manufacturing it, it is becoming difficult to meet the demand. Construction of three semiconductor units in the country will start soon. Communications, Electronics and Information Technology Minister…

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Honda Motorcycle Registers 86 Percent Sales Growth in February, Improvement in Rural Demand Gives Push to Company

Honda Motorcycle and Scooter India (HMSI), one of the largest two-wheeler companies, has seen its February sales increase by 86 percent on a year-on-year basis. Last month the company sold 4,85,711 units. In the same month last year, these sales were 2,47,195 units. The company said that its wholesales in the country have been 4,13,967…

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Truecaller Starts First Office in India Set to Develop India specific Features

Caller ID verification app Truecaller on Thursday announced the launch of its first exclusive office outside Sweden in Bengaluru. The company said that it will use this office to develop special features for India. This company, headquartered in Stockholm, Sweden, started its business in India about a decade ago. Truecaller’s office was inaugurated virtually by…

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Tata Group Planning to Invest USD 2 Billion in Super App Tata Neu to Boost Digital Business

Tata Group, which is involved in business ranging from automobile to software, has planned to invest two billion dollars (about Rs 16,500 crore) in its super app Tata Neu to expand digital business. This will help Tata Group to strengthen its digital business, overcome technical shortcomings and meet new spending needs. of Bloomberg News Report…

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Honda Motorcycle & Scooter India Sales Increase 45 Percent in May Shine 100 Getting Strong Demand

Honda Motorcycle & Scooter (HMSI), one of the largest two-wheeler companies, saw its wholesales in the country increase by nearly 45 percent year-on-year to 4,50,589 units in May. In the same month last year, the company’s sales were 3,11,144 units. The company’s exports have increased by 127 percent in May. Earlier this year, HMSI had…

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