Currently, around 600 German companies associated with VDMA have subsidiaries present in India, out of which around 170 have production and/or assembly operations.
Among the Sensex firms, Wipro jumped over 6 per cent, the most among the frontline companies. HCL Technologies, Tata Motors, Maruti, Tata Steel, Infosys, Tech Mahindra, Larsen & Toubro and JSW Steel were the other major winners.
Hosting a special reception to celebrate India Global Forum’s UK-India Week 2023 in the garden of 10 Downing Street in London, Sunak said Prime Minister Narendra Modi and he agrees that there is a huge potential to step up bilateral trade ties.
This is the fifth such annual exchange of information between Switzerland and India with the officials saying that the new details shared with Indian authorities pertain to “hundreds of financial accounts”, including many cases of multiple accounts associated with some individuals, corporates and trusts.
The MeitY officials at the meeting included Rajeev Chandrasekhar, Minister of State for Electronics and IT.
Go First is currently locked in a legal tussle with its lessors after they were blocked from repossessing planes due to a moratorium imposed by Indian courts.
The new venture will promote high impact events and intellectual properties (IPs), curate special segments in existing IPs as well as develop and create new platforms.
In the previous reporting week, the overall reserves had dropped by USD 30 million to USD 594.858 billion.
Domestic advances rose nearly 17% year-on-year to `8.1 trillion as on June 30.
A study of 186 drug makers, which accounted for about half of the Rs 3.7 lakh crore annual revenue of the sector last fiscal, indicates as much, Crisil said on Monday.