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US Pharmacy Walgreens appoints Tim Wentworth as CEO-thumnail

US Pharmacy Walgreens appoints Tim Wentworth as CEO

Tim Wentworth, a seasoned leader in the healthcare industry, has been appointed as the new CEO of Walgreens Boots Alliance. Former CEO of Express Scripts, the largest pharmaceutical benefits management

Business

Oct 11, 2023

InsuranceDekho Bags $60 Million, Valued At $700-750 Million-thumnail

InsuranceDekho Bags $60 Million, Valued At $700-750 Million

In its continuing Series B investment round, Japanese financial services giant Mitsubishi UFJ Financial Group, BNP Paribas Cardif, which invested through its insurtech fund, and Beams Fintech have collectively contributed

Business

Oct 11, 2023

Fibe and Axis Bank to Launch India’s First Numberless Credit Card-thumnail

Fibe and Axis Bank to Launch India’s First Numberless Credit Card

Axis Bank and Pune-based fintech firm Fibe, formerly known as EarlySalary, announced their collaboration on Tuesday to introduce a numberless credit card. The customer can connect the card to the

Business

Oct 10, 2023

As The Capex Cycle Nears Completion, Reliance Jio Will Concentrate On 5g Monetization-thumnail

As The Capex Cycle Nears Completion, Reliance Jio Will Concentrate On 5g Monetization

Reliance Jio, Reliance Industries Limited’s telecom business, is anticipated to turn its attention to monetizing 5G services as its 5G capital expenditure (capex) cycle nears completion.  In India, Reliance Jio

Business

Oct 10, 2023

R K Singh, The Power Minister, has Urged Saudi Companies to Invest in India-thumnail

R K Singh, The Power Minister, has Urged Saudi Companies to Invest in India

According to an official statement released on Tuesday, Union Minister R K Singh has encouraged Saudi businessmen to participate in the local new and renewable energy sector. The accuracy of

Business

Oct 10, 2023

Adani’s $3.5 Billion Ambuja Loan Progresses Following Some Banks Approval-thumnail

Adani’s $3.5 Billion Ambuja Loan Progresses Following Some Banks Approval

According to people familiar with the situation, a group of banks that have been in discussions to lend about $250 million each toward a syndicated loan of about $3.5 billion

Brands

Oct 10, 2023

Inflation is Expected to Fall to 5.50% in September Due to Lower Food Costs, According to a Survey-thumnail

Inflation is Expected to Fall to 5.50% in September Due to Lower Food Costs, According to a Survey

According to a Reuters poll, retail inflation in India may have fallen to 5.50 percent in the previous month, falling below the Reserve Bank of India’s (RBI) acceptable range. This

Economy

Oct 10, 2023

The Chinese Electric Vehicle Startup WM Motor files for Bankruptcy-thumnail

The Chinese Electric Vehicle Startup WM Motor files for Bankruptcy

As pricing competition in the biggest car market in the world heats up, Chinese electric vehicle startup WM Motor has filed for bankruptcy, signalling the end of a prospective leader

Business

Oct 10, 2023

AuditCue, a SaaS Firm, has Raised $1.5 Million in a Seed Round Headed by Kalaari-thumnail

AuditCue, a SaaS Firm, has Raised $1.5 Million in a Seed Round Headed by Kalaari

AuditCue, a firm that provides audit and risk management software, has secured $1.5 million in a venture fundraising round headed by Kalaari Capital.  SaaS is an abbreviation for Software as

Business

Oct 10, 2023

Challenges Persist for Indian Smartphone Manufacturers in FY24 Under PLI Scheme-thumnail

Challenges Persist for Indian Smartphone Manufacturers in FY24 Under PLI Scheme

Struggles Continue for Local Brands In the realm of Indian smartphone production, entities like Lava and Bhagwati (commonly known as Micromax) grapple persistently with formidable hurdles in meeting their incremental

Business

Oct 10, 2023

MG Motor India’s Strategic Overhaul of Dealership Network-thumnail

MG Motor India’s Strategic Overhaul of Dealership Network

Introduction As MG Motor India embarks on a potential partnership with the JSW Group, the company is gearing up for a substantial transformation of its dealership network across the country.

Automotive

Oct 10, 2023

1 Million Jobs may be Lost Due to Global Energy Transition in the Coal Industry-thumnail

1 Million Jobs may be Lost Due to Global Energy Transition in the Coal Industry

Even without any additional commitments to phase out fossil fuels, the global coal industry may need to eliminate roughly 1 million jobs by 2050, with China and India suffering the

Energy

Oct 10, 2023


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