In November 2023, Adani International Container Terminal set a national record by handling 3,00,431 TEUs across 97 vessels, beating its previous record of 2,98,634 TEUs set in March 2021. Adani
They claim that the company’s interests are “primary consideration,” since a feud between chairman Gautam Singhania and his estranged wife reduces market value. Raymond’s five independent directors have appointed independent
Participants in the auction came from a variety of gas-consuming industries, including fertilizer, municipal gas distribution, refineries, and aggregators. The procedure resulted in 38 successful bidders obtaining gas. According to
The former Microsoft intern, now CEO of an AMC, described Nadella’s handling of the OpenAI controversy as “wartime management,” adding that no management program can teach this. Satya Nadella’s leadership
Cipla’s stock dropped more than 7% on Thursday after the US FDA issued a warning notice to the company’s Pithampur plant. The stock failed to hold above the swing high
According to InterGlobe Aviation, based on legal advice from counsel, the opinions of authorities are not sustainable. InterGlobe Aviation, the parent company of India’s largest airline, IndiGo, announced on Wednesday
To end the dispute, Binance founder-CEO Changpeng Zhao agreed to a $4.3 billion settlement arrangement in a Seattle court on November 21, including a personal contribution of $50 million. Binance
The “State of Climate Action 2023” report presents a dismal picture of the problems that policymakers will confront as they prepare for the COP28 climate change summit in Dubai, UAE.
On Wednesday, Bajaj Finance was ordered to halt extending loans through two products that did not conform with digital lending standards. The technological challenges, which also include clunky legacy systems,
Earlier in November, the MCA summoned the company’s directors and its auditor Deloitte to seek clarity on particular audit violations found during the investigation through its registrar of companies (RoC).
WeWork India, which is owned by the Bengaluru-based real estate giant Embassy Group, has maintained that global developments will have no influence on Indian business. WeWork India has over 50
According to the statement, the cooperation seeks to promote the construction of a comprehensive Application Programming Interface (API) library and experience, altering how customers engage with LTTS’ digital goods. On
Nikhil Kamath stated that living in Bengaluru and being around these Giving Pledge signatories prompted him to consider making the most of the money he has and is likely to
The Navratri of 2023 was a watershed moment, with retail sales increasing by 18% year on year, exceeding the statistics of Navratri 2017. India’s car retail sales fell 8% in
Tata Motors Q2 Results: Consolidated income from operations climbed 32% year on year (YoY) to Rs 1.05 lakh crore, which was somewhat less than the projected Rs 1.07 lakh crore.
Greaves is one of seven electric two-wheeler (e2W) manufacturers accused by the government of selling cars that do not meet the localization criteria. Greaves Electric Mobility (previously Ampere Electric Vehicles)
Adani Energy Solutions Ltd has announced the successful commissioning of the Karur Transmission Ltd (KTL) project in the Tamil Nadu state. This critical project includes the building of the 400/230
The United Auto Workers (UAW) union has signed a tentative contract deal with Ford, potentially putting an end to the almost six-week-long Detroit manufacturer strikes. The four-year pact, which must
In FY24, GST officials have discovered evasions totaling 1.36 lakh crore, of which 14.108 crore has already been collected. An evasion of 1.01 trillion was discovered in FY23, resulting in
This accelerator program’s inaugural iteration, which began in August 2023, gathered together financial and sectoral specialists to give insightful, industry-led mentorship to the selected firms. Delhivery has partnered with private
According to Air India CEO Campbell Wilson, many of the airline’s tickets are actually cheaper than the airline’s marginal cost of operations. According to Air India CEO Campbell Wilson, if
The Impact of Supply Chain Collaboration on Mutual Success Long-term connections eventually result in increased revenues, and the benefits of supply chain collaboration are similar to the advantages of customer
Harnessing the Power of Artificial Intelligence for Supply Chain Planning and Execution Given the pandemic crisis the globe is currently experiencing, supply chain management has emerged as a crucial strategic
FTSE Russell, a global index provider, announced on Friday that India will not yet be included in a government bond index, despite JPMorgan’s announcement last week that India would be included in its influential GBI-EM index suite beginning next year.
Rajeev Beotra, Executive Director of HT Media Ltd., and Anupriya Acharya, CEO of Publicis Groupe South Asia, have Both Been Named to the Board of Governors
The Indian government has issued a warning to Apple customers about vulnerabilities in the WebKit browser engine, which might allow attackers to take control of their devices. Users should promptly update their devices.
Rajnish Kumar will lead Mastercard’s South Asia executive leadership team, which will be managed by Gautam Aggarwal, Division President for South Asia and Country Corporate Officer, India.
The United States should only allow Nvidia’s artificial intelligence (AI) processors to be sold to purchasers who promise to use the technology responsibly, Google DeepMind co-founder Mustafa Suleyman told the Financial Times on Friday.
The Association of National Exchanges Members of India (ANMI) claimed in an email to the Securities and Exchange Board of India (SEBI) on August 17 that the eligibility requirements for audit companies that brokers and clearing entities might use are discriminatory. The email has been examined by Moneycontrol.
ITD Cementation India’s shares surged 14% to a record high of Rs 247.4 on the BSE in Friday’s intraday trade amid significant volumes after the business got a marine contract worth roughly Rs 3,290 crore excluding GST.
Maruti Company chairman Bhargava informed shareholders that the ‘Maruti 3.0 capacity development plan will focus on diverse power trains such as electric and hybrid cars, compressed natural gas (CNG), and ethanol.
Shares of rice exporters such as Chaman Lal Setia Exports, LT Foods, KRBL, and GRM Overseas fell up to 6% intraday on Monday after the government imposed export restrictions on basmati rice over the weekend.
The average revenue per user (ARPU) of Indian telecom companies is expected to rise by 8 to 10% to Rs 190 this fiscal year. According to the statement, operational earnings for these companies might rise by 15 to 17 percent this year, hitting Rs 1.2 trillion, up from Rs 1.04 trillion in FY22.
The Finance Ministry informed the Rajya Sabha on Tuesday that public sector banks and five significant private sector banks, including Axis Bank, HDFC Bank, IndusInd Bank, ICICI Bank, and IDBI
The nation’s first piece of law to protect personal data was adopted by the Parliament on Wednesday, a significant milestone. The bill is called the Digital Personal Data Protection Bill (DPDP). The bill has been designed to be adaptive to changing technical ideas, enabling the addition of new data concepts without calling for further modifications, according to Minister of Communications and Information Technology Ashwini Vaishnaw.
The company claims to have already invested $140 million in start-ups in India.
The top South Korean gaming corporation, KRAFTON, Inc., creator of the BGMI, plans to invest $150 million in India over the next two to three years.
Users from 620 cities have placed orders on the Open Network for Digital Commerce (ONDC), despite no particular marketing efforts outside of the top five metropolises like Bengaluru and Delhi. The new version of the government-backed e-commerce network’s incentive program, which might be made public this week, is now expected to focus more on Tier 2 and higher.
Stock market analysts claim that the latest notification by the Government of India (GoI) about the pricing of ethanol blending is the reason why these industrial alcohol manufacturing stocks are soaring today. The price increase for the ethanol that the public sector oil marketing companies (OMCs) purchase from distilleries was agreed on Wednesday last week by the Cabinet Committee on Economic Affairs, which is led by Prime Minister Narendra Modi. Companies in India that produce industrial alcohol would gain from this.
The Indian consumer goods industry is a vibrant and rapidly growing sector that caters to the diverse needs and preferences of the country’s vast population.
Since Modi is due to meet with Sanjay Mehrotra, the CEO of Micron, when he is in the US, the decision is anticipated to be made public. Over 5,000 employees are anticipated to be created by the project.
Analysts have cautioned that the unemployment in China’s youth rate might increase much more this summer, adding to the government’s difficulties in reviving the nation’s sluggish post-Covid economy. Chinese grads
With a total capacity of 545 million tonnes per annum (MTPA) by 2021, India is one of the largest cement industries in the world. Three important companies—Ultratech Cement, ACC, and Ambuja Cement—dominate the bulk of the market. Let’s take a closer look at each of these projects in the context of what they have done for the Indian cement industry.
The EU’s deforestation rule looks to prioritize safeguarding its own agriculture industry and encouraging exports, making imports more challenging because it is a trade barrier covered up as a green
Indurkar headed the big financial company’s digital payments, according to his LinkedIn page. Sandeep Indurkar, a seasoned ICICI Bank executive, has been named as the Chief Business Officer- Banking and
Zomato’s CEO Deepinder Goyal responded to Swiggy co-founder and CEO Sriharsha Majety’s Twitter post saying the online food delivery service had seen financial success in March 2023. Any industry’s competition
Users of Zomato will find it convenient to pay for their purchases from a range of merchants and send money directly to other users. Zomato introduces UPI solutions for in-the-moment
After the government reduced the windfall tax rates to zero on Tuesday, the price of oil and gas indices moved steadily. The biggest gainers in this industry were Adani Total
Grover has been involved in a legal dispute with BharatPe since January 2022, when claims of financial irregularities first appeared. Grover was fired from the organisation in March of last
By June 2023, there will be a merger of HDFC and HDFC Bank. The combined company will be called HDFC Bank. Customers of HDFC, whether they are depositors or borrowers,
Today, Builder.ai, the next-generation composable software creation platform driven by AI that makes it easy and accessible for everyone to convert their ideas into software, announced a strategic partnership with
New GST regulations are in place starting today for companies with annual revenue over $100 crore. Businesses currently upload their invoices to the Invoice Registration Portal (IRP) on the current
This week’s Q4 results: Adani Enterprises, Adani Wilmar, Adani Green Energy, Adani Total Gas, Ambuja Cements, and NDTV are the six firms under the Adani group that will soon release
Anmol India Ltd. has announced the creation of a committee focused on expansion and growth. Anmol India Ltd. has announced the creation of an “Expansion and Growth Committee”. The task
The builder-buyer agreement will work to safeguard homebuyers against potential abuses, lessen disagreements, and give customers access to an efficient grievance redressal procedure. After the first Round Table Conference on
The Kerala Cooperative Milk Marketing Federation or KCMMF has expressed worry about the inclination of some state milk marketing federations to aggressively enter markets outside of their home states in
TCS, Infosys, Wipro, HCL Technologies, Mphasis, and LTIMindtree are among the Indian IT firms that have exposure to several of the ailing banks. Banking problems in the United States and
The Noida Authority has posted a list of all 115 group housing projects on its official website, giving prospective purchasers information. According to the list, the city has 21 finished
According to Iger, who spoke at the Morgan Stanley Technology, Media, and Telecommunications Conference in San Francisco, streaming services have typically relied on a high flow of new material to
The remarks come as IT organizations throughout the world, including major IT corporations, lay off workers for a variety of reasons. According to a top executive, Tata Consultancy Services (TCS)
Adani Enterprises is set to release its third-quarter results on February 14, 2023. On Tuesday, February 14, 2023, Adani Enterprises will release its third-quarter profits for the fiscal quarter ending
China, Hong Kong, Japan, South Korea, Singapore, and Thailand will be subject to the new law beginning on February 13th. Since today, India has lifted the required Covid-19 test for
In recent years, United States officials have grown increasingly wary of Chinese telecommunications companies and technology. The import or sale of communications equipment from China’s Huawei Technologies and ZTE has
Paytm also stated that it will continue to onboard new offline merchants and offer them payment services such as All-in-One QR, Soundbox, Card Machines, etc. Paytm Payments Services Limited has
The corporation also stated that Khambatta’s tireless efforts resulted in the creation of thousands of jobs, both directly and indirectly. Areez Khambatta, the guy of the popular home-grown beverage Rasna,
The term’moonlighting’ is never mentioned in the email because it technically implies dual employment, which is still illegal. The company’s decision to recognize and enable gig work is a step
The digital footprints of consumers could aid Mukesh Ambani’s financial services ambitions and unlock shareholder value. Five exabytes of storage would be sufficient to record every word ever spoken by
On Friday, Rakesh Jhunjhunwala’s portfolio business announced the complete acquisition of its subsidiary company DB Man. Despite today’s stock market downturn, Rakesh Jhunjhunwala-backed DB Realty shares have reached the upper
After commuters complained about overcharging, the state transportation department declared the services unlawful. Commuters have complained that Ola and Uber charge a minimum of Rs 100 for distances of less
The seasonally adjusted S&P Global India Services PMI Business Activity Index decreased to 54.3 in September, down from 57.2 in August, indicating the slowest rate of growth since March. According
Miko’s cofounder and CEO, Sneh Vaswani, stated that the purchase is a natural fit for two firms that share a love for robotics and learning. According to a release, the
India’s largest cookie manufacturer partnered with Nairobi-based Kenafric Industries to acquire Catalyst Capital-backed Britannia Foods Ltd. in Kenya. Britannia Industries Ltd., India’s largest cookie producer, has signed an agreement for
According to the government, the updated definitions will make it easier for businesses to conduct business. The capital and turnover requirements for “small” businesses have been doubled by the government.
Last year, a significant shortfall in the semiconductor supply chain impacted a wide range of sectors, including electronics and automobiles. Vedanta and Foxconn, the Taiwanese electronics manufacturing behemoth, will invest
The Japanese company established a two trillion dollar budget in December for the research and development of automobile batteries, which includes a portion of the funds. Toyota announced on Wednesday
Price of Zomato Share, How Zomato stock dropped 14%: During Monday’s morning trading, Zomato shares fell 14.26% to Rs. 46 per share on both the BSE and National Stock Exchange
Some analysts have cautioned investors, warning that selling might reappear at greater levels. On the strength of encouraging global indications, Indian stock markets surged Thursday, extending the recent winning streak
Last week, six of the ten most valuable companies saw a collective loss of Rs 1,68,260 crore from their market worth, primarily due to TCS and a generally negative trend
The mission for McKinsey includes a thorough plan to deal with pricing, margins, structure, rightsizing, worldwide company expansion, etc. over the course of the proposed 12-month relationship. According to four
More than 130 former employees of the Singapore-based edtech company that Byju’s bought last year claim that the company misrepresented a course given by IIT-Bombay as a postgraduate programme. When
Customers of City Union Bank will be able to achieve their long-term financial objectives by purchasing value-packed products from Bajaj Allianz Life, including term, savings, retirement, investment solutions, and more.
On Thursday, July 7, the Enforcement Directorate (ED), which is looking into Chinese smartphone maker Vivo in connection with an alleged money laundering case, said that its Indian business transferred
Later this year, a Dutch company will begin shipping the world’s first production-ready solar car to clients, offering months of charge-free driving in summer weather. Lightyear, founded in the Netherlands
Westbridge and GSV Ventures have invested $100 million in PhysicsWallah in a Series A investment. PhysicsWallah, commonly known as PW, an edtech business, is the newest Indian startup to join
Analysts expect Aether Industries shares may list at a marginal premium “Aether Industries got a better response compared to the recent IPOs. Experienced promoters, decent margins and impressive top-bottom line
A Hyderabad-based business has announced the debut of its 10-minute liquor delivery service in Kolkata. Innovent Technologies Private Limited’s flagship brand, Booozie, claims to be India’s first 10-minute booze delivery
A consortium of investors, including Bodhi Tree Systems, will invest Rs 13,500 crore in Viacom 18. Reliance Industries and Viacom TV18 have joined forces with Bodhi Tree System, which is
“…This investment will help leverage ADIA’s global expertise and experience to further propel HDFC Capital towards becoming a leading investment platform,” said HDFC chairman Deepak Parekh. “…This investment will help
Sequoia, which holds the largest share in BharatPe, where co-founder Ashneer Grover was virtually terminated, said it will not hesitate to protect stockholders’ and employees’ interests, no matter how costly
Direct-to-consumer (D2C) home fragrance and wellness brand Phool.co has raised $8 million in a new round from consumer-focused venture fund, Sixth Sense Ventures. Phool.co, India’s first biomaterial company and fragrance-focused
In order to build a strong blockchain community, Siddharth Banerjee, Krithika Radhakrishnan, and Sriram Padmanabhan founded the startup. Kandola, a blockchain firm, announced a $450,000 pre-seed financing. The cash generated
After suspending launches from Russia’s Baikonur Cosmodrome in Kazakhstan, OneWeb will resume satellite launches with Elon Musk’s SpaceX. Bharti Group-sponsored OneWeb has reached a global deal with Elon Musk’s aerospace
MLL currently serves more than 400 corporate customers in various industries including automotive, engineering, consumer goods and e-commerce. Mahindra Logistics Limited (MLL), helmed by Anand Mahindra, has purchased a 60%
BigBasket will be implementing Kochi-based startup Agrima Infotech’s unique customer vision technology platform, Psyight, at the self-checkout counters of the former’s retail stores. BigBasket, a Tata Group-owned etailer, revealed on
GOQii, a healthtech platform, recently secured $50 million in a Series C fundraising round headed by global venture capital company Sumeru Ventures, with participation from additional investors including 9Unicorns, Modality,
BYJU’S Plunges $200 Million Into Hybrid Learning With BYJU’S Tuition Centre For School Children. By early next year, BYJU’S Tuition Centre will be available in 200 cities across 80 centres
Zuckerberg wrote on Facebook, “Meta, Metamates, Me is about being good stewards of our company and mission. It’s about the sense of responsibility we have for our collective success and
Following a significant decrease in rural unemployment, India’s jobless rate dropped sharply in January to 6.57 percent, the lowest since March 2021. The unemployment rate increased significantly in December, rising