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WEF ranks India 67th in Energy Transition Index, Sweden tops the list-thumnail

WEF ranks India 67th in Energy Transition Index, Sweden tops the list

India is the only large country with energy transition momentum that is accelerating across all dimensions, according to the World Economic Forum, which put India at 67th in the world

Business

Jun 28, 2023

A report says India produced 2.7 crore vehicles in FY23 worth $108 billion-thumnail

A report says India produced 2.7 crore vehicles in FY23 worth $108 billion

In FY23, the Indian auto sector produced a staggering 2.7 crore vehicles across segments and kinds, valued at over USD 108 billion (Rs 8.7 lakh crore), with the passenger vehicle

Business

Jun 28, 2023

Reduce prices to boost sales of FMCG products-thumnail

Reduce prices to boost sales of FMCG products

To fend off competition and assure volume recovery, producers of fast-moving consumer products would need to resort to further price reductions, according to analysts at BNP Paribas. Undoubtedly, during the

BFSI

Jun 28, 2023

Google to launch an accelerator program for government-backed ONDC-thumnail

Google to launch an accelerator program for government-backed ONDC

The accelerator program entails Google offering its core infrastructure application programming interfaces (APIs) to ONDC participants as an open-source solution. Moreover, Google plans to provide retail search and generative AI

Business

Jun 28, 2023

Prosus reduces Byju’s valuation to 5.1 billion; rights off investment in ZestMoney to zero-thumnail

Prosus reduces Byju’s valuation to 5.1 billion; rights off investment in ZestMoney to zero

The latest adjustment in the fair value of Prosus’ stake in Byju’s is a significant decrease, translating to an enterprise valuation of approximately $5.1 billion compared to the $22 billion

Business

Jun 28, 2023

TCS secures contract for operating government procurement portal, GeM-thumnail

TCS secures contract for operating government procurement portal, GeM

According to government reports, GeM achieved a noteworthy milestone in the financial year 2022-23 (FY23) by surpassing the INR 2 Lakh Cr procurement mark. GeM, an initiative launched in August

Business

Jun 28, 2023

Nissan is unwilling to replace Ashwani Gupta’s position as COO following his resignation.-thumnail

Nissan is unwilling to replace Ashwani Gupta’s position as COO following his resignation.

The empty chief operating officer job left by Ashwani Gupta’s resignation won’t be filled, according to Nissan Motor Co.’s announcement.  Nissan is an automotive manufacturer. Nissan Motor Co Ltd. It

Business

Jun 28, 2023

Generali Faces Challenges in Shedding €20 Billion Insurance Liabilities Amidst Rising Interest Rates-thumnail

Generali Faces Challenges in Shedding €20 Billion Insurance Liabilities Amidst Rising Interest Rates

Italian insurer Assicurazioni Generali (GASI.MI) has encountered obstacles in its plans to divest up to €20 billion ($21.87 billion) of insurance liabilities as a surge in interest rates has complicated negotiations with potential buyers.

Business

Jun 28, 2023

Promoter entities raised $1 billion by selling shares of Adani Green Energy and AEL-thumnail

Promoter entities raised $1 billion by selling shares of Adani Green Energy and AEL

To generate $1 billion, the Adani Group’s promoter companies sold a portion of their ownership in their flagship company, Adani Enterprises, as well as in Adani Green Energy.

Business

Jun 28, 2023

How interesting can virtual selling and relationship-building strategies be?-thumnail

How interesting can virtual selling and relationship-building strategies be?

With COVID-19 or whatever, as this name still gives the chills, have fast-forwarded virtual selling and relationship-building strategies for a couple of years.

Business

Jun 28, 2023

India is preparing for multi-billion dollar battery subsidies-thumnail

India is preparing for multi-billion dollar battery subsidies

According to a proposal seen by the Financial Times, the Indian government is putting together a brand-new, multibillion-dollar battery subsidy programme for businesses that produce electricity grid batteries as they work to speed up the country’s switch to sustainable energy.

Business

Jun 28, 2023

Swiggy’s gross merchandise value increases to $2.6 billion in FY23: Prosus-thumnail

Swiggy’s gross merchandise value increases to $2.6 billion in FY23: Prosus

According to its largest investor, Prosus, food and grocery delivery giant Swiggy’s gross merchandise value (GMV) only increased a little, from $2.3 billion in FY22 to $2.6 billion in FY2023—a gain of just about 13 percent.

Business

Jun 27, 2023


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