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Amazon is ‘enthusiastic’ about India and believes there is space for economic growth, according to India business head Manish Tiwary-thumnail

Amazon is ‘enthusiastic’ about India and believes there is space for economic growth, according to India business head Manish Tiwary

Powered by digitalization, economic growth, and younger demographics, e-commerce giant Amazon is “excited” about the Indian market, according to Manish Tiwary, its country head, who also claims that the country’s e-commerce possibility “is huge” in the long term.

Business

Sep 1, 2023

By 2027, the personal care and cosmetics industry in India will reach $30 billion-thumnail

By 2027, the personal care and cosmetics industry in India will reach $30 billion

According to research released by Redseer Strategy Consultants and Peak XV, the personal care and cosmetics industry in India is anticipated to reach $30 billion by 2027, or around 5% of the worldwide market.

Business

Sep 1, 2023

Major Merger Alert: Global Loan Agency Services to Merge with Pristine-thumnail

Major Merger Alert: Global Loan Agency Services to Merge with Pristine

Global Loan Agency Services (GLAS), a portfolio organization of Levine Leichtman Capital Partners (LLCP), reported today that it has consented to an arrangement to gain Flawless SAS (Perfect).

Business

Sep 1, 2023

Portland Grand Prix Celebration: Win Big with 200,000 Tokens from Ault Alliance and BitNile Metaverse!-thumnail

Portland Grand Prix Celebration: Win Big with 200,000 Tokens from Ault Alliance and BitNile Metaverse!

Auld Alliance and BitNile Metaverse, Inc. (BitNile Metaverse) declared today that BitNile.com (the Platform) is praising the BitNile.com Stupendous Prix of Portland by giving 200,000 Nile tokens to every individual who makes a symbol on the Platform.

Business

Sep 1, 2023

August saw a 5-fold increase year over year in TVS Motors’ EV sales, with a 4% increase in total sales-thumnail

August saw a 5-fold increase year over year in TVS Motors’ EV sales, with a 4% increase in total sales

TVS Motor Company reported a 440 percent YoY increase in EV sales in August on Friday. With headquarters in Chennai, India, TVS Motor Corporation is an international two-wheeler corporation.

Automotive

Sep 1, 2023

Reliance Retail is in talks to raise $2.5 billion by September end-thumnail

Reliance Retail is in talks to raise $2.5 billion by September end

Reliance Retail Ventures, owned by Indian billionaire Mukesh Ambani, is in advanced discussions with international investors to raise around $2.5 billion by the end of September in preparation for a prospective stock market listing, according to people familiar with the situation who spoke to Reuters.

Business

Sep 1, 2023

Chinese company Gotion High Tech acquires 25% stake in Slovakia’s Inobat EV battery startup-thumnail

Chinese company Gotion High Tech acquires 25% stake in Slovakia’s Inobat EV battery startup

Chinese battery manufacturer Gotion High Tech (002074.SZ) is purchasing a 25% interest in Slovak battery manufacturer Inobat and will provide supply chain and technology support, the firms announced on Thursday.

Business

Sep 1, 2023

Prestige Group plans to develop Hyderabad’s largest mixed-use township with Rs 5,000 crore investment-thumnail

Prestige Group plans to develop Hyderabad’s largest mixed-use township with Rs 5,000 crore investment

Prestige Group, a real estate developer based in Bengaluru has plans to transform the skyline of Hyderabad with their project called Prestige City Hyderabad.

Business

Sep 1, 2023

Toyota reports its best-ever monthly sales at 22,910 units in August-thumnail

Toyota reports its best-ever monthly sales at 22,910 units in August

Toyota Kirloskar Motor (TKM) had the best sales performance in August 2023 selling a total of 22,910 units which represents an increase of 53% compared to the previous year.

Automotive

Sep 1, 2023

Ola Cab: Ola founder Bhavish Aggarwal to vacate post and appoint a CEO for Ola Cab-thumnail

Ola Cab: Ola founder Bhavish Aggarwal to vacate post and appoint a CEO for Ola Cab

Bhavish Aggarwal, the founder of Ola is supposedly contemplating the appointment of a CEO, for Ola Cabs.

Business

Sep 1, 2023

Google DeepMind co-founder calls on the US to impose AI standards – Financial Times-thumnail

Google DeepMind co-founder calls on the US to impose AI standards – Financial Times

The United States should only allow Nvidia’s artificial intelligence (AI) processors to be sold to purchasers who promise to use the technology responsibly, Google DeepMind co-founder Mustafa Suleyman told the Financial Times on Friday.

Artificial Intelligence

Sep 1, 2023

India’s GDP:- Nomura and Deutsche Bank raise India’s FY24 growth forecast by 40 and 20 BP-thumnail

India’s GDP:- Nomura and Deutsche Bank raise India’s FY24 growth forecast by 40 and 20 BP

India’s GDP growth, in the First quarter of 2023-24 which stood at 7.8% has led Nomura and Deutsche Bank to revise their forecasts.

News

Sep 1, 2023


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