India’s Bajaj Auto says ransomware attack hits systems

June 23 (Reuters) – India’s Bajaj ‌Auto on ‌Tuesday said a ​ransomware attack earlier in the day impacted ‌the ⁠automaker and its unit ⁠Bajaj Auto Technology’s systems. The ​company ​said ​it initiated ‌necessary precautionary actions and protocols to mitigate the impact of ‌the ​incident, ​adding ​that these ‌measures have so ​far ​been successful. (Reporting by…

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India could localise most EV components by 203, says report

India could achieve 90-100% localisation across several EV component categories by 2030, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics.  However, the report warns that continued reliance on imported semiconductors, rare-earth magnets and specialised materials could limit deeper domestic value creation.  The report, “Beyond battery packs:…

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UK-India Week opens in the West Midlands with IGF Smarter Regions Forum

10th edition of UK-India Week begins at the University of Warwick, bringing together leaders from Gujarat and the West Midlands to advance regional growth, investment and innovation AHMEDABAD, India and COVENTRY, England, June 23, 2026 /PRNewswire/ — India Global Forum’s UK-India Week 2026 opened today in the West Midlands with the IGF Smarter Regions Forum, marking…

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Canada’s Fairfax buys nearly $1 billion of Indian bonds in rare move, sources say

By Dharamraj Dhutia and Gopika Gopakumar MUMBAI, June 23 (Reuters) – Fairfax bought Indian government debt worth nearly $1 billion last Friday, according to five sources, in a rare ‌purchase through the local unit of the Canadian investment holding company. The purchases by ‌Fairfax India Holding Corp were made to bring capital into the country…

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