China’s Industrial Profits rose 3.5% in H1 YOY, overall Economy remains resilient – NBS

China's Industrial Profits rose 3.5% in H1 YOY

China’s Industrial Profits rose 3.5% year-on-year in the first half of 2024, according to the National Bureau of Statistics (NBS). This increase follows a 3.4% rise for January-May.   The data covers industrial firms with annual revenues of at least 20 million yuan ($2.75 million) from their main operations. This growth in industrial profits indicates Read more: China’s Industrial Profits rose 3.5% in H1 YOY, overall Economy remains resilient – NBS..

NCLT listed hearing on August 01, for Disney’s Star India and Viacom18 merger plea

Disney's Star India and Viacom18 merger plea

The National Company Law Tribunal (NCLT) Mumbai has listed the final hearing for the merger plea of Disney’s Star India and Reliance’s Viacom18 on August 1st. The NCLT has ordered a final hearing on August 1st to decide whether to sanction the merger scheme between Star India and Viacom18. Both parties have been asked to Read more: NCLT listed hearing on August 01, for Disney’s Star India and Viacom18 merger plea..

GoI extended the Electric Mobility Promotion Scheme (EMPS) to Sept 2024 end

GoI extended the Electric Mobility Promotion Scheme (EMPS) to Sept 2024 end

The Government of India has extended the Electric Mobility Promotion Scheme (EMPS) 2024 by two months, from its initial end date of July 31 to September 30, 2024. Additionally, the budget for the scheme has been increased from Rs. 500 crore to Rs. 778 crore.   The Electric Mobility Promotion Scheme (EMPS) 2024 is an Read more: GoI extended the Electric Mobility Promotion Scheme (EMPS) to Sept 2024 end..