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Sales of Samsonite increased by 38% in India.-thumnail

Sales of Samsonite increased by 38% in India.

Samsonite, a manufacturer of luggage, reported a roughly 38% increase in sales in India during the first half of 2023, which is a clear sign that the travel boom is

Business

Aug 17, 2023

Meet N.S. Vishwanath- Empowering craftsmanship in jewelry design through experience and compassion-thumnail

Meet N.S. Vishwanath- Empowering craftsmanship in jewelry design through experience and compassion

Creating a legacy is something we all wish to aspire for. But it requires a lot of effort to compile decades of consistency and ultimately turn that into a reputation

Business

Aug 17, 2023

VinFast, an EV manufacturer from Vietnam is worth more than Ford or GM-thumnail

VinFast, an EV manufacturer from Vietnam is worth more than Ford or GM

VinFast, a Vietnamese EV manufacturer, saw it’s stock market valuation leap over that of Ford and General Motors (GM).

Business

Aug 16, 2023

Two promoter group entities acquire a 2.03% stake in Adani Ports-thumnail

Two promoter group entities acquire a 2.03% stake in Adani Ports

Between June 2 and August 11 two entities, from the promoter group came together to acquire a stake of 2.03%, in Adani Ports and Special Economic Zone through market transactions

Business

Aug 16, 2023

The Upcoming Apple Iphone 15 Is Being Produced By Foxconn In Tamil Nadu Ahead Of Its Introduction In September : Report-thumnail

The Upcoming Apple Iphone 15 Is Being Produced By Foxconn In Tamil Nadu Ahead Of Its Introduction In September : Report

Only a few weeks after they begin shipping from Chinese manufacturers, Foxconn Technology Group’s Sriperumbudur facility is getting ready to supply the newest smartphones, according to a report.

Business

Aug 16, 2023

South Korea’s Hyundai Motor to buy General Motors’ Talegaon plant-thumnail

South Korea’s Hyundai Motor to buy General Motors’ Talegaon plant

Hyundai Motors Indian division has acquired the General Motors Talegaon plant, which will enhance their production capacity to one million units, per year.

Automotive

Aug 16, 2023

Reliance Jio, Vodafone Idea, and Bharti Airtel will all add 25% more employees in FY24-thumnail

Reliance Jio, Vodafone Idea, and Bharti Airtel will all add 25% more employees in FY24

According to The Economic Times, the top three telecoms in India, Reliance Jio, Vodafone Idea, and Bharti Airtel, want to increase their current workforces by up to 25% in FY 2024. 

Business

Aug 16, 2023

California-based content monetization firm InMobi acquires consent managing platform Quantcast Choice-thumnail

California-based content monetization firm InMobi acquires consent managing platform Quantcast Choice

InMobi, a company based in California that specializes in content monetization and marketing technology has bolstered its privacy solutions by acquiring Quantcast Choice, a platform, for managing user consent. This acquisition aims to improve data governance, consent management, and privacy control for publishers who operate on devices and the web. The transition of Quantcast Choice customers and the introduction of the offering, for publishers are expected to happen in the future.

Business

Aug 16, 2023

Chinese and US yield gaps widen to the highest since 2007 after a surprise cut-thumnail

Chinese and US yield gaps widen to the highest since 2007 after a surprise cut

On Wednesday, investors predicted that China’s central bank would loosen monetary policy further after a surprise rate cut, even if it puts the yuan under pressure. As a result, yield differentials between China and the US extended to their largest level in 16 years.

Business

Aug 16, 2023

Developing innovative, small-molecule therapeutics using Biosplice Therapeutics-thumnail

Developing innovative, small-molecule therapeutics using Biosplice Therapeutics

Biosplice Therapeutics is one such established startup with a global presence. By doing research and creating medications for osteoarthritis, cancer, neurology, and other degenerative conditions, it has grown into the most valuable US-based startup in the world.

Business

Aug 16, 2023

Foxconn Group begins iPhone 15 production in Tamilnadu Plant-thumnail

Foxconn Group begins iPhone 15 production in Tamilnadu Plant

Apple Inc. is set to begin production of its cutting-edge iPhone 15, in Tamil Nadu, India with the aim of reducing the gap between its manufacturing center.

Business

Aug 16, 2023

Intel to drop its $5.4 billion deal to acquire chipmaker Tower Semiconductor Ltd as China delays approval-thumnail

Intel to drop its $5.4 billion deal to acquire chipmaker Tower Semiconductor Ltd as China delays approval

Intel Corporation has decided to terminate its $5.4 billion acquisition agreement, with Tower Semiconductor, a chipmaker. The reason behind this decision is the failure to obtain approval from China. This development highlights the impact of tensions between the United States and China on business deals. As part of the termination, Intel will pay Tower a breakup fee of $353 million.

Business

Aug 16, 2023


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