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Indian companies, once prospering, are in for more suffering as the funding shortage gets worse-thumnail

Indian companies, once prospering, are in for more suffering as the funding shortage gets worse

According to data from analytics firm CB Insights, Indian companies, startups in India raised just $2 billion in the first quarter of 2023, which is the lowest quarterly amount in

Business

Apr 19, 2023

Protests at Blinkit Lead to Surge in Orders for Rival Platforms-thumnail

Protests at Blinkit Lead to Surge in Orders for Rival Platforms

The ongoing protests at Blinkit, a quick-commerce platform owned by Zomato, have given its competitors an opportunity to report significant order volume surges. Delivery executives at Blinkit have been protesting

Business

Apr 18, 2023

Charging infrastructure, and independent houses boost the popularity of Electric Vehicles (EVs) in non-metros-thumnail

Charging infrastructure, and independent houses boost the popularity of Electric Vehicles (EVs) in non-metros

Beyond big metropolises like Delhi, Mumbai, and Bengaluru, the popularity of electric vehicles (EVs) is increasing. EVs are becoming more popular in non-metropolitan cities as they aim to appeal to

Business

Apr 18, 2023

Razorpay establishes an advisory board to set the highest standards in the Indian fintech industry-thumnail

Razorpay establishes an advisory board to set the highest standards in the Indian fintech industry

Indian fintech unicorn Razorpay has established an advisory board of industry leaders from various fields to set the highest standards in customer experience, corporate governance, and risk and compliance in

Business

Apr 18, 2023

Will India Be the Next China for Apple?-thumnail

Will India Be the Next China for Apple?

The expansion of Apple in the Indian market and its probable emergence as a manufacturing powerhouse for the technology giant have piqued the curiosity of tech enthusiasts and stakeholders alike.

Business

Apr 18, 2023

The Bank of India board will meet today to examine a fundraising proposal for $6,500 billion-thumnail

The Bank of India board will meet today to examine a fundraising proposal for $6,500 billion

If necessary, the bank may also decide to raise the same amount by issuing Basel-III compliant Additional Tier-1 bonds in either domestic or foreign currency. At its upcoming board meeting

Business

Apr 18, 2023

What to anticipate and when Apple CEO Tim Cook will inaugurate India’s first Apple retail location today-thumnail

What to anticipate and when Apple CEO Tim Cook will inaugurate India’s first Apple retail location today

Apple CEO Tim Cook is in India to open the country’s first Apple retail location. On April 20, Cook will also open a retail location in Delhi. Today, Tim Cook,

Business

Apr 18, 2023

Wadia Group in Talks to Sell or divest stake in Indian Airline Go First: Report -thumnail

Wadia Group in Talks to Sell or divest stake in Indian Airline Go First: Report 

Despite the increase in domestic air traffic, the market share of Go First, a low-cost airline belonging to the Wadia Group, fell in February, according to the latest available official

Business

Apr 17, 2023

As Tim Cook launches a retail push, Apple’s India sales are close to $6 billion-thumnail

As Tim Cook launches a retail push, Apple’s India sales are close to $6 billion

From $4.1 billion a year earlier, revenue in India increased by over 50%, according to a source with knowledge of the situation who wanted to remain anonymous because the information

Business

Apr 17, 2023

Nike and Adidas footwear maker Pou Chen has invested around $281 million in India-thumnail

Nike and Adidas footwear maker Pou Chen has invested around $281 million in India

Investment in the Pou Chen sports shoe brand will create nearly 20,000 jobs in Tamil Nadu over 12 years.   India’s state government announced Monday that a  subsidiary of Pou Chen,

Business

Apr 17, 2023

French firm TotalEnergies makes 1st delivery of LNG cargo to Adani Group’s firm-thumnail

French firm TotalEnergies makes 1st delivery of LNG cargo to Adani Group’s firm

French company TotalEnergies said on Monday that it has made its first delivery of a liquefied natural gas (LNG) cargo Dhamra LNG terminal, which is owned and operated by Adani

Business

Apr 17, 2023

Refineries owned by the state report an 8.4% increase in gasoil production, reaching 3.45 million tonnes in the first half of April-thumnail

Refineries owned by the state report an 8.4% increase in gasoil production, reaching 3.45 million tonnes in the first half of April

Indian state refiners have reported an 8.4% increase in sales of gasoil during the first half of April compared to the previous month. According to preliminary sales data, this rise

Business

Apr 17, 2023


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