Mr Rajeev Singh Thakur, Additional Secretary, DPIIT while addressing the CII Electronics Summit 2024, themed Vision to Reality: Unfolding the Electronics Manufacturing Journey in India said that the electronics sector is a shining example of what can be achieved through effective collaboration between industry stakeholders and the government, particularly the Ministry of Electronics. This powerful synergy ensures that policies are informed by real-world challenges, creating an environment where businesses can flourish through cooperative problem-solving. He also said that the time has come to expand manufacturing ecosystems beyond major cities and into Tier 2 and Tier 3 cities. By leveraging improved internet connectivity, reliable power supply, and expanding infrastructure, we can reduce congestion in metros and unlock the economic potential of smaller towns. This approach will foster inclusive growth, ensure business viability, and promote development in regions that need it

Rail Vikas Nigam (RVNL) advanced 2.06% to Rs 443 after the company received a letter of acceptance (LoA) for an Engineering, Procurement and Construction (EPC) contract worth Rs 625.08 crore from South Central Railway.

Adani Green Energy clarified today that allegations against Gautam Adani, Sagar Adani, and senior executive Vneet Jaain under the US FCPA by the US Department of Justice are “incorrect.”

Shares of Siemens climbed 5 per cent at Rs 7,614 a piece on the BSE in Wednesday intraday trade after reporting robust quarterly earnings in the fourth quarter of financial year 2023-24 (Q4FY24)

At 10:30 ST, the barometer index, the S&P BSE Sensex was down 25.75 points or 0.03% to 79,978.31. The Nifty 50 index lost 10.30 points or 0.04% to 24,184.20.