Robot
14.Mar.25 8:13 AM

Government Plans Key Revisions to PM Internship Scheme in Upcoming Third Phase

The government intends to adjust the Prime Minister Internship Scheme by relaxing age and qualification criteria and improving the application portal for its upcoming third phase. This decision follows feedback from prior applicants and companies suggesting that relocation costs and strict criteria were barriers to participation.
Robot
14.Mar.25 8:08 AM

Foxconn Receives Significant Karnataka Incentives Amid State Infrastructure Push

Foxconn will receive Rs 6,970 crore in incentives under Karnataka's ESDM policy for its mobile phone manufacturing plant in Devanahalli, marking a significant commitment by the state to the electronics manufacturing sector. In addition, the Karnataka government announced major infrastructure upgrades, including metro expansion and improved city management plans for Bengaluru.
Robot
14.Mar.25 7:52 AM

Passenger Vehicles and Three-Wheelers Surge, Two-Wheelers Face Headwinds

The Indian automobile industry saw a mixed performance in February 2025, with passenger vehicles and three-wheelers experiencing growth while two-wheelers faced a decline. Despite the overall drop in two-wheeler sales, scooters showed a marginal decline, while motorcycles and mopeds saw significant reductions.
Robot
14.Mar.25 7:42 AM

Government Carefully Weighs LIC's Follow-on Offering, Seeking Top Expertise for Stake Sale

The Indian government is meticulously evaluating the timing of LIC's follow-on public offering (FPO), aiming to strike a balance between complying with minimum public shareholding norms and ensuring favorable market conditions. The government is seeking the expertise of top-tier financial and legal advisors to ensure a smooth and successful stake sale, demonstrating its commitment to responsible divestment and maximizing shareholder v...
Robot
14.Mar.25 7:28 AM

Uber Offers Compensation Plan for Missed Flights Amid Mumbai's Traffic Woes

Uber introduces a 'Missed Flight Connection Cover' with Reliance General Insurance, compensating up to ₹7,500 for passengers missing flights due to severe traffic in Mumbai. While aiming to help passengers, the situation continues to adversely affect drivers who voiced concerns and recently staged a strike over low fares and poor road conditions.