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The Indian government plans to offer green hydrogen incentives of at least 10% of the cost-of-production-thumnail

The Indian government plans to offer green hydrogen incentives of at least 10% of the cost-of-production

Using a $2 billion programme that will launch by the end of June, India intends to provide incentives to companies that make green hydrogen fuel worth at least 10% of

News

Apr 6, 2023

SP Group to secure $1.75 billion against Tata stake-thumnail

SP Group to secure $1.75 billion against Tata stake

One of the largest shareholders in Tata Sons, the Shapoorji Pallonji SP Group, is reportedly in talks to pledge the other half of its stock in the Tata Group’s unlisted

Industry

Apr 6, 2023

Reliance Retail establishes a flagship store in Mumbai and introduces the e-commerce beauty platform Tira-thumnail

Reliance Retail establishes a flagship store in Mumbai and introduces the e-commerce beauty platform Tira

Isha Ambani, Executive Director of Reliance Retail Ventures Limited, stated that the company’s goal with Tira is to remove obstacles from the beauty industry and democratize beauty for customers across

E-Commerce

Apr 6, 2023

Animal-free protein producer Zero Cow Factory raises $4 million-thumnail

Animal-free protein producer Zero Cow Factory raises $4 million

The cash will be utilized to advance the company’s research and development activities, scale up manufacturing capacity, and also secure regulatory licenses to become commercial. Zero Cow Factory, a biotechnology

Business

Apr 5, 2023

Paytm is leading offline payments with 6.8 million devices and has grown GMV by 40%-thumnail

Paytm is leading offline payments with 6.8 million devices and has grown GMV by 40%

Paytm, a leading provider of financial services and payments, announced on Wednesday that it has reached a new milestone in offline payments with the deployment of 6.8 million devices. Consumer

Business

Apr 5, 2023

A J&J company declares bankruptcy for a second time to pursue an $8.9 billion talc payment-thumnail

A J&J company declares bankruptcy for a second time to pursue an $8.9 billion talc payment

The accord comes in response to a court decision in January dismissing J&J’s contentious “Texas two-step” bankruptcy strategy. J&J company declares bankruptcy, in which the company attempted to transfer the

Business

Apr 5, 2023

Iron Pillar raises $129 million to invest in cloud startups in India-thumnail

Iron Pillar raises $129 million to invest in cloud startups in India

A venture growth investor named Iron Pillar has completed the successful closing of a $129 million Series B and C stage fund aimed at funding Indian-based global cloud software startups.

Finance

Apr 5, 2023

“India Implements Measures to Manage the Taxation on Crude Oil and Its Byproducts”-thumnail

“India Implements Measures to Manage the Taxation on Crude Oil and Its Byproducts”

The Indian government has been implementing various measures to manage the taxation on crude oil and its byproducts like petrol, diesel, and aviation turbine fuel (ATF). The tax rates are

Business

Apr 4, 2023

World Bank predicts 6.3% growth for India’s GDP in FY24-thumnail

World Bank predicts 6.3% growth for India’s GDP in FY24

The World Bank stated in its most recent report on Tuesday that despite some moderating in the second half of the previous fiscal, India’s GDP growth is anticipated to be

Finance

Apr 4, 2023

L’Oreal acquires premium brand Aesop from Brazil’s Natura for $2.5 billion-thumnail

L’Oreal acquires premium brand Aesop from Brazil’s Natura for $2.5 billion

The sale, L’Oreal’s biggest-ever brand acquisition according to Dealogic statistics, strengthens the firm’s foothold in the premium cosmetics sector, while also giving the Brazilian business some financial respite despite declining

Industry

Apr 4, 2023

Saheb Enterprise partners with Hero Realty to build a 2,000-crore project in Gurugram-thumnail

Saheb Enterprise partners with Hero Realty to build a 2,000-crore project in Gurugram

Hero Realty and Saheb Enterprise are constructing a project in Gurugram for Rs 2,000 crore. In order to jointly build a 2 million square foot mixed-use project in Gurugram with

Business

Apr 4, 2023

Automobile Retail Sales Surge in India, Except for Tractors, in March and FY23-thumnail

Automobile Retail Sales Surge in India, Except for Tractors, in March and FY23

According to data from the Federation of Automobile Dealers Associations (FADA), automobile retail sales witnessed a 14% increase in March compared to the same month the previous year. Similarly, sales

Automotive

Apr 4, 2023


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