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Bomb Hoax at Raj Bhavan Raises Security Concerns-thumnail

Bomb Hoax at Raj Bhavan Raises Security Concerns

Bengaluru: Late last night, Bengaluru city police received alarming information about a threat to Raj Bhavan, the iconic residence of the Karnataka state governor. However, what seemed like a serious

Business

Dec 12, 2023

Hindalco Industries Plans to Invest Rs 800 Crore in Construction of a Battery Foil Production Facility-thumnail

Hindalco Industries Plans to Invest Rs 800 Crore in Construction of a Battery Foil Production Facility

The Aditya Birla Group company Hindalco Industries Ltd is to invest ₹800 crore in the construction of a battery foil production facility in Sambalpur, Odisha, in order to capitalise on

Business

Dec 12, 2023

Sources Say JPMorgan Will Outsource Its Custody Business in Hong Kong and Taiwan for $500 Billion-thumnail

Sources Say JPMorgan Will Outsource Its Custody Business in Hong Kong and Taiwan for $500 Billion

According to two people with knowledge of the situation, JPMorgan Chase plans to outsource the management of its local custody business in Taiwan and Hong Kong, with Citigroup, HSBC, and

Business

Dec 12, 2023

Distressed Corporate and Retail Loans Worth Rs 4200 Crore Are Being Sought by Yes Bank-thumnail

Distressed Corporate and Retail Loans Worth Rs 4200 Crore Are Being Sought by Yes Bank

Yes Bank has listed another portfolio worth little more than Rs 4200 crore for sale, nearly a year after selling a troubled loan book around Rs 48000 crore. The private

Business

Dec 12, 2023

Disney and Reliance in Talks About Merging Their India Media Operations – ET-thumnail

Disney and Reliance in Talks About Merging Their India Media Operations – ET

Executives connected in the subject stated that Reliance Industries Ltd. (RIL) and Walt Disney Co. are finalising the specifics of a non-binding term sheet to proceed with plans to integrate

Business

Dec 12, 2023

Retail Inflation Is Currently Constant, With Only Minor Fluctuations Owing to Demand-Supply Mismatches: FM-thumnail

Retail Inflation Is Currently Constant, With Only Minor Fluctuations Owing to Demand-Supply Mismatches: FM

On Monday, Finance Minister Nirmala Sitharaman said that retail inflation is currently “stable” and that transient surges in inflation are driven by demand-supply mismatches induced by global shocks and unfavorable

Business

Dec 11, 2023

In 2023, Bold EV Strategies Took a Punch From Reality-thumnail

In 2023, Bold EV Strategies Took a Punch From Reality

The car industry’s rush toward an all-electric future suffered a detour this year. According to a Reuters investigation, manufacturers were planning to spend $1.2 trillion by 2030 to transition electric

Business

Dec 11, 2023

According to Insiders, Huawei Has Approached Audi and Mercedes About Investing in Its Smart Vehicle Company-thumnail

According to Insiders, Huawei Has Approached Audi and Mercedes About Investing in Its Smart Vehicle Company

According to three individuals familiar with the conversations, China’s Huawei Technologies has asked Mercedes-Benz and Volkswagen’s Audi whether they want to purchase modest holdings in its smart vehicle software and

Automotive

Dec 11, 2023

Cooking Gas LPG Prices for Ujjwala Customers Are the Lowest in India When Compared to Neighboring Countries: Govt-thumnail

Cooking Gas LPG Prices for Ujjwala Customers Are the Lowest in India When Compared to Neighboring Countries: Govt

The price of household cooking gas LPG for beneficiaries of the Pradhan Mantri Ujjwala Yojana (PMUY) is the lowest in India when compared to prices in neighboring nations, said Petroleum

Business

Dec 11, 2023

Dubai Offers Positive Climate for Japanese Business -thumnail

Dubai Offers Positive Climate for Japanese Business 

Over 300 Japanese companies have set up operations in Dubai, taking advantage of the emirate’s business-friendly conditions. With around 3,500 Japanese expatriates also living there, Dubai hosts the largest Japanese

Business

Dec 11, 2023

Coca-Cola Introduces “Lemon-Dou” to the Indian Market for Alcoholic Beverages-thumnail

Coca-Cola Introduces “Lemon-Dou” to the Indian Market for Alcoholic Beverages

According to the firm, Lemon-Dou “is a refreshing, full-bodied chu-hi alcoholic lemon drink,” made with crushed whole lemons soaked in alcohol and blended with bubbles. Lemon-Dou, Coca-Cola India‘s worldwide alcoholic

Brands

Dec 11, 2023

The Ongoing Funding Winter for Indian Startups -thumnail

The Ongoing Funding Winter for Indian Startups 

The Indian startup ecosystem experienced a significant downturn in funding activity throughout 2023 as conditions across both public and private markets deteriorated sharply. According to data from research firm Tracxn,

Business

Dec 11, 2023


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