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Sports Media spending reach ₹14,000 Cr threshold in 2022-thumnail

Sports Media spending reach ₹14,000 Cr threshold in 2022

Sports media spending, sponsorships on the ground, and celebrity endorsements pulled in a total income of ₹14,209 crore in the past year, recording a 49% growth over 2021 from roughly

News

Apr 4, 2023

“India Implements Measures to Manage the Taxation on Crude Oil and Its Byproducts”-thumnail

“India Implements Measures to Manage the Taxation on Crude Oil and Its Byproducts”

The Indian government has been implementing various measures to manage the taxation on crude oil and its byproducts like petrol, diesel, and aviation turbine fuel (ATF). The tax rates are

Business

Apr 4, 2023

World Bank predicts 6.3% growth for India’s GDP in FY24-thumnail

World Bank predicts 6.3% growth for India’s GDP in FY24

The World Bank stated in its most recent report on Tuesday that despite some moderating in the second half of the previous fiscal, India’s GDP growth is anticipated to be

Finance

Apr 4, 2023

L’Oreal acquires premium brand Aesop from Brazil’s Natura for $2.5 billion-thumnail

L’Oreal acquires premium brand Aesop from Brazil’s Natura for $2.5 billion

The sale, L’Oreal’s biggest-ever brand acquisition according to Dealogic statistics, strengthens the firm’s foothold in the premium cosmetics sector, while also giving the Brazilian business some financial respite despite declining

Industry

Apr 4, 2023

Saheb Enterprise partners with Hero Realty to build a 2,000-crore project in Gurugram-thumnail

Saheb Enterprise partners with Hero Realty to build a 2,000-crore project in Gurugram

Hero Realty and Saheb Enterprise are constructing a project in Gurugram for Rs 2,000 crore. In order to jointly build a 2 million square foot mixed-use project in Gurugram with

Business

Apr 4, 2023

Automobile Retail Sales Surge in India, Except for Tractors, in March and FY23-thumnail

Automobile Retail Sales Surge in India, Except for Tractors, in March and FY23

According to data from the Federation of Automobile Dealers Associations (FADA), automobile retail sales witnessed a 14% increase in March compared to the same month the previous year. Similarly, sales

Automotive

Apr 4, 2023

Byju’s recently raises $700 million in new funding: Report-thumnail

Byju’s recently raises $700 million in new funding: Report

The edtech company Byju’s recently raises $700 million via two separate equity and convertible note deals at a valuation of $22 billion. Two West Asian sovereign wealth funds and sizable

Business

Apr 4, 2023

Seeking an Escape Route:  Start-up Employees Live in Fear of Losing Jobs-thumnail

Seeking an Escape Route: Start-up Employees Live in Fear of Losing Jobs

A recent report in The Economic Times has shed light on the difficult situation faced by troubled Indian start-up employees. The cash crunch and pressure from investors have resulted in

News

Apr 4, 2023

OPEC+ production reduction creates the opportunity for competition over Asia’s oil demand-thumnail

OPEC+ production reduction creates the opportunity for competition over Asia’s oil demand

OPEC+ has recently surprised the market by announcing a cut in oil production. This move is setting the stage for other oil producers to compete for Asia’s oil demand. Since

Business

Apr 4, 2023

Asian Development Bank forecasts India and China to grow faster in 2023-thumnail

Asian Development Bank forecasts India and China to grow faster in 2023

The Asian Development Bank (ADB) stated in a research release on Tuesday that China’s recovery from the epidemic and strong demand in India will propel strong economic development in Asia

Business

Apr 4, 2023

So far, FII flows in 2023 have been erratic, while DIIs have invested more than $10 billion-thumnail

So far, FII flows in 2023 have been erratic, while DIIs have invested more than $10 billion

Foreign institutional net investments turned positive in March, thanks to GQG Partners’ investment in Adani Group companies. For the third month in a row, foreign institutional investors have been selling

Business

Apr 4, 2023

Oil equities exhibit varied responses to OPEC+ output reduction; HPCL and BPCL are down 4-5%-thumnail

Oil equities exhibit varied responses to OPEC+ output reduction; HPCL and BPCL are down 4-5%

Oil stockpiles are under the spotlight after many OPEC+ nations, headed by Saudi Arabia, pledged voluntary cutbacks from May 2023 through end-2023 of about 1.1mb/d.  The oil market is projected

Business

Apr 3, 2023


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