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Maruti Suzuki to Issue Shares Worth $1.54 Billion to Buy Manufacturing Plant from Suzuki-thumnail

Maruti Suzuki to Issue Shares Worth $1.54 Billion to Buy Manufacturing Plant from Suzuki

In a significant move within the Indian automotive industry, Maruti Suzuki India, the country’s leading car manufacturer, announced plans to issue shares valued at Rs 12,841 crore (approximately $1.54 billion).

Automotive

Oct 17, 2023

Freyr Energy Secures 58 Crore In Series B Finance, Sponsored By An EU Grant-thumnail

Freyr Energy Secures 58 Crore In Series B Finance, Sponsored By An EU Grant

Tech-enabled rooftop solar solutions providing firm Freyr Energy said on Monday that it has raised ₹58 crore in its Series B funding round led by EDFI ElectriFI (Electrification Financing Initiative),

Business

Oct 16, 2023

In China, Huawei Outsells Apple’s New iPhones-thumnail

In China, Huawei Outsells Apple’s New iPhones

According to different estimates, Apple’s new iPhone 15 is selling significantly worse in China than its predecessor, showing persistently low consumption and the emergence of competitors such as Huawei Technologies.

Business

Oct 16, 2023

Hiranandani Group Announces The Sale Of 150 Units For Rs 1,100 Crore After The Launch Of Its Powai Project-thumnail

Hiranandani Group Announces The Sale Of 150 Units For Rs 1,100 Crore After The Launch Of Its Powai Project

The Hiranandani Group has recorded sales of Rs 1,100 crore only a week after erecting three towers of 3 and 4BHK luxury homes in the central Mumbai district of Powai,

Brands

Oct 16, 2023

Krishna Raghavan, Flipkart’s Chief People Officer, has Resigned-thumnail

Krishna Raghavan, Flipkart’s Chief People Officer, has Resigned

Krishna Raghavan, Flipkart’s chief people officer, has quit after more than a decade with the e-commerce business.  Flipkart is an e-commerce website created in 2007 by Sachin and Binny Bansal.

Brands

Oct 16, 2023

Prime Minister Modi will Inaugurate the Third Edition of the Global Maritime India Summit -thumnail

Prime Minister Modi will Inaugurate the Third Edition of the Global Maritime India Summit 

The three-day Global marine India Summit (GMIS), which will be held in Mumbai, will be opened by Prime Minister Narendra Modi via video conference on Tuesday. He will also present

Indian Govt

Oct 16, 2023

Ranjan Pai’s Financial Facility to Aid Byju’s: A Strategic Move ?-thumnail

Ranjan Pai’s Financial Facility to Aid Byju’s: A Strategic Move ?

 In a significant development, Ranjan Pai, the founder of Manipal Hospitals Group, is poised to provide a crucial Rs 300 crore financial facility to Think & Learn Pvt Ltd, the

Business

Oct 16, 2023

Controversy Surrounds Adani Group-Owned Ahmedabad Airport’s Charter Flight Charges-thumnail

Controversy Surrounds Adani Group-Owned Ahmedabad Airport’s Charter Flight Charges

In a recent development, Ahmedabad airport, owned by the Adani Group, has found itself embroiled in a dispute over proposed increases in user charges for charter flights during the ongoing

Business

Oct 16, 2023

Labour-intensive Goods Made In India To Benefit From FTA With UK; Though Overall Gains Limited: GTRI-thumnail

Labour-intensive Goods Made In India To Benefit From FTA With UK; Though Overall Gains Limited: GTRI

According to think tank GTRI, the planned free trade deal between the two nations will assist India’s high quality, labour-intensive products including clothing, footwear, carpets, and cars by eliminating import

Business

Oct 16, 2023

Mark Mobius-Backed Company MapmyIndia’s Stock Surges-thumnail

Mark Mobius-Backed Company MapmyIndia’s Stock Surges

In a span of approximately six months, MapmyIndia, a company supported by Mark Mobius, has seen its stock price double as its mapping service gains popularity in India. This success

Business

Oct 16, 2023

India Maintains Basmati Rice Export Price Floor Amidst Restrictions-thumnail

India Maintains Basmati Rice Export Price Floor Amidst Restrictions

Government Extends Minimum Export Price (MEP) In response to ongoing efforts to control the export of rice, India has announced its decision to maintain the minimum export price (MEP) for

Economy

Oct 14, 2023

Inshorts Co-founder Azhar Iqbal Joins Shark Tank India Season 3 with OYO and Zomato Cofounders-thumnail

Inshorts Co-founder Azhar Iqbal Joins Shark Tank India Season 3 with OYO and Zomato Cofounders

In a momentous stride for India’s entrepreneurial landscape, Azhar Iqbal, the co-founder and Chief Executive Officer of Inshorts, has embarked on a new journey as he joins the third season

Business

Oct 14, 2023


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