Cash-strapped In a cost-cutting drive, Vodafone Idea allegedly expelled over 25,000 of its retail partners throughout the nation. According to the Economic Times, Vi has pulled its partners from the multi-brand shop market, and the business has stopped paying a fee.

Whispers from insiders have spilt the beans that the defence ministry has given the nod for the procurement of MQ-9B SeaGuardian drones.

Investments and Internal Trade (DPIIT) had devised a trading strategy to address the slowdown in the developed world, which is India’s major importer.

Santander, the Spanish bank, has announced the appointment of Pedro Castro e Almeida as the regional head for Europe, highlighting the region as a key driver for future growth. Castro e Almeida will be taking over from Antonio Simoes, who has been selected as the new CEO of Britain’s Legal and General Group.

Although Walmart does not provide particular sales data for PhonePe and Flipkart, company leaders have recently emphasized the importance of these two businesses.

Accenture plans to spend $3 billion on data and artificial intelligence over the next three years. Global professional services provider Accenture has industry-leading expertise in digital, security, and cloud. combining unrivaled expertise and specialized knowledge in the areas of Interactive, Technology, Strategy, and Operations services. 

TaxNodes, with its end-to-end solutions, has secured a whopping $1.6 million in seed funding to streamline the intricacies of crypto taxation and compliance. Notable investors from the web3 and wealth

According to a report, the government’s production-linked incentive scheme for mobile phones may drive Apple may manufacture 18% of its global iPhones in India by FY25, with the possibility of further expansion if the larger scale incentivizes its vendors to also expand in the country.

According to persons familiar with the current negotiations, Vodafone Idea Ltd (Vi) intends to inject total equity of 14,000 crores shortly as part of its business rehabilitation strategy. Existing promoters Aditya Birla Group (ABG) and Vodafone Group Plc from the United Kingdom would contribute half of the total sum, they claimed.

According to a report in The Economic Times (ET), industrialist Sajjan Jindal intends to acquire stock in MG Motor India. The Chinese automaker SAIC Motor owns 100% of the subsidiary MG Motor India. According to the article, the joint venture will not have any impact on the listed companies of the Jindal group: JSW Steel and JSW Energy.

Oil prices witnessed a modest resurgence on Tuesday, propelled by opportunistic buying in response to the previous day’s decline. However, the extent of the gains was limited as investors maintained a prudent stance, considering the forthcoming policy determinations from central banks and lackluster economic indicators from China. Brent crude futures advanced by 1.1% to reach $72.64 per barrel, while U.S. West Texas Intermediate (WTI) crude recorded a 0.8% increase, reaching $67.64 per barrel.

Blue Dart Logistics names Sudha Pai as CFO for Blue Dart Express Ltd. and V N Iyer as Group CFO. Iyer brings expertise in aviation finance, while Pai is a qualified cost accountant. The appointments aim to enhance financial leadership and drive strategic objectives in a digital world.