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Despite markets easing up a bit and retail prices cooling off, the Reserve Bank of India (RBI) has cautioned that we are still not completely out of the slump. ‘India is not home-free with regards to the pressures of high prices but the moderation in retail inflation over the last two months is a relief,’ […]
Elon Musk’s Tesla may have the vision to launch its much-awaited Electric Vehicle (EV) in India but the firm faces a challenge from a Vietnam-based business mogul, Pham Nhat Vuong. A media house, attributing a report by Forbes, claims that Vuong is investing $1.8 billion to set up plants in India, the US and Indonesia […]
The first half of the current year’s financial data for twenty-three states reveals a notable improvement in the quality of state spending. States’ capital expenditures increased by a noteworthy 52% during the same time last year. The rate of increase in revenue expenditure is only 9.7%, reported The Print. States that have incurred more than […]
If developed countries are looking to India with respect these days, it is not because of the country’s GDP or per-capita income. Though these are growing, they remain too low to explain the response the mention of India gets in global business circles. What is really shaping India’s image abroad is its high-grade Intellectual Capital […]
Work, money, or peace of mind? These life choices are forever in conflict with one another. In an intensely competitive environment, we are allowed to choose only one. So, when Infosys founder and tech billionaire Narayana Murthy said that Indian youth should increase the number of hours at work, it fanned debate. Seventy-hour workweek at […]
Sterling Accuris Diagnostics, one of the fastest-growing network of NABL-accredited pathology labs, has entered into a strategic alliance with VPL Diagnostic, a prominent provider of specialty allergy testing services in Ahmedabad. This alliance further solidifies Sterling Accuris’ strong presence in the diagnostics industry. VPL Diagnostic is a specialised ImmunoCAP & ELISA allergy testing laboratory. With […]
India’s premier fashion e-tailer AJIO has launched AJIOGRAM, a D2C-focused content-driven interactive e-commerce platform aimed to empower Indian fashion startups challenging the norms with their vision and innovative products. AJIOGRAM, which can be easily accessed by switching stores within the AJIO app, aims to onboard 200 exclusive homegrown D2C brands to offer customers a wide […]
The International Financial Services Centre at Gujarat International Fin-Tec City (GIFT IFSC) in Gandhinagar has emerged as a flagship investment destination for finance companies. In the last three years, the facility has attracted scores of companies in diverse sectors. The authorities are now planning to include more sectors to give GIFT further boost. According to […]
Traders require a real level of convenience and information when trading and so modern online platforms have proved a huge benefit to both experienced and novice operators. Online trading platforms offer people access to a huge range of different financial instruments including stocks, bonds and currencies and, thanks to new technologies and innovations, financial markets […]
Adani Energy Solutions Limited (AESL) announced on Friday the successful commissioning of a new green evacuation transmission project in Tamil Nadu, marking a significant development for the national transmission infrastructure needed for wind energy evacuation in the Karur-Tiruppur region of Tamil Nadu. This project involves the establishment of a 400/230 kV, 1,000 MVA Karur Pooling […]
Leaders from key G20 nations, including Brazil, the United States, India, and various European countries, have come together to establish the Global Biofuels Alliance. The primary objective of this newly formed alliance is to streamline the process of reducing carbon emissions in the transportation sector. The initiative seeks to boost the incorporation of biofuels into […]
Even one rejection may leave us cracked and crumbling, so imagine the plight of this man whose idea was shot down many times over. He would leave the chambers of venture capitalists with rejection slips pinned on his chest but that didn’t break his resolve. Today, this man from Mumbai, Harsh Jain, is a proud […]
The Gujarat government has announced the establishment of Becharaji Area Development Authority (BADA) to boost economic and religious potential of the Bahucharaji region in North Gujarat, renowned as a Shaktipith pilgrimage site. Apart from the ancient Bahuchar Mata shrine, the Shankhalpur Tirth, Vallabh Bhatt’s Vav, the Mandal-Becharaji Special Investment Region (SIR) is also in the […]
Torrent Pharmaceuticals has reportedly lined up funds to the tune of $5 billion for buying a stake in Mumbai-listed drugmaker Cipla. Torrent has secured commitments from a group of overseas banks for a potential deal. The company has been looking to buy the whole or part of the 33% stake in Cipla that’s held by […]
At least 30 artisans and entrepreneurs passed out in the 2023 batch of Creative and Cultural Business Programme (CCBP) at IIM Ahmedabad (IIMA). The batch recently got their certificates and organised an exhibition of their products as the culmination of the course. 26-year-old Rajesh Khokhar from Anjar in Gujarat’s Kutch was among the passouts. He […]
The Gujarat government is trying hard to bring e-vehicle giant Tesla to India ahead of the Vibrant Gujarat Global Summit (VGGS) 2024. After seeking the Centre’s help, the latter is reportedly in serious talks with the Elon Musk run company to bring it to Sanand-Bechraji region or Dholera. It is likely that Tesla will join […]
Billionaire Gautam Adani-controlled Adani Group has completed a $3.5 billion funding package to refinance loans taken for last year’s acquisition of ACC Ltd and Ambuja Cement. At least 18 global banks have agreed to join the consortium led by Barclays, Deutsche Bank and Standard Chartered among others, for refinancing the debt that helped fund the […]
The phrase ‘India growth story’ doesn’t quite sit well with the alarming rates of job cuts in recent times. This month, a national daily revealed that 23 techies, on average, lose their jobs every hour. Recent data from a tech-focussed hiring firm TopHire indicated that approximately 100,000 employees have been given the pink slip in […]
Shares of Orient Cement climbed 8 per cent on Wednesday amid a media report suggesting promoter CK Birla has approached Gautam Adani to sell his stake in the listed cement company. It suggested that the industrialist had rejected initial offers from peers for failing to meet his valuation demand. As per the report, the senior […]
The second-largest government-owned lender, Bank of Baroda (BoB), has allegedly been involved in unauthorised linking of mobile numbers to bank accounts of customers to show higher registrations on its mobile banking application. It was two years ago in November that the bank announced a new app with the jargon, “Save, Invest, Borrow, and Shop.” They […]
