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“India’s Cheap Russian Crude Oil Boosts Fuel Exports to Europe and US”-thumnail

“India’s Cheap Russian Crude Oil Boosts Fuel Exports to Europe and US”

The access to cheap Russian crude oil has significantly boosted the output and profits of Indian refineries, enabling them to export refined products competitively to Europe and take a bigger

Business

Apr 6, 2023

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

Video telematics company LightMetrics gets $8.5 million from Sequoia Capital India-thumnail

Video telematics company LightMetrics gets $8.5 million from Sequoia Capital India

The business provides software that analyses video feeds from cameras put in cars to better understand driver conduct, minimize accidents and increase safety. LightMetrics, a video telematics business targeting commercial

Business

Apr 5, 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

Commercial leasing grew by 9% Y-o-Y during Q4 FY23 -thumnail

Commercial leasing grew by 9% Y-o-Y during Q4 FY23 

Commercial (office) leasing climbed by 9% Y-o-Y and hit 12.6 million sq ft during the Jan-Mar 2023 period, according to CBRE. Bangalore, Delhi-NCR, and Chennai accounted for 62% of the

Business

Apr 5, 2023

India’s first Apple shop launching in Mumbai-thumnail

India’s first Apple shop launching in Mumbai

The Apple shop, placed in a luxury retail complex owned by billionaire Mukesh Ambani, is positioned in the city’s major commercial sector beside international banks. Apple is a technological powerhouse

Business

Apr 5, 2023

Growth in India’s services sector slows in March after a 12-year high in February-thumnail

Growth in India’s services sector slows in March after a 12-year high in February

According to a private survey released on Wednesday, the growth of India’s dominant services sector decreased to 57.8 in March from a 12-year high of 59.4 in February as new

News

Apr 5, 2023

To expand its grocery business, Reliance Retail hires ex-Amul chief Sodhi-thumnail

To expand its grocery business, Reliance Retail hires ex-Amul chief Sodhi

Amul, the cooperative that manages the nation’s largest dairy industry and the former managing director of Gujarat Cooperative Milk Marketing Federation (GCMMF) Sodhi, has joined Reliance Retail Ventures Limited, a

Business

Apr 5, 2023

Speciale Invest launches a follow-on investment fund worth Rs 200 crore-thumnail

Speciale Invest launches a follow-on investment fund worth Rs 200 crore

An initial investment of Rs 100 crore and a final corpus of Rs 200 crore are planned for the new fund, which was approved by Sebi. From Specialised Invest’s portfolio

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


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