Cricket World Cup Boosts India’s Economy
India's hosting of the Cricket World Cup is not just a sporting spectacle but a catalyst for economic growth. The championship, spanning 10 cities and 48 matches, is set to…
Invesco Boosts Swiggy’s Valuation to Nearly $8 Billion
Invesco, a prominent US-based fund manager, has revisited the valuation of Swiggy, the food and grocery delivery platform, raising it to nearly $8 billion. This move comes after two previous…
PLI Committee Allocates Rs 1,000 Crore for Electronics Sector
The Empowered Committee in the PLI (production-linked incentive) scheme has given the nod for the disbursement of Rs 1,000 crore to beneficiary firms in the electronics sector, marking the first…
Global Investors Should Consider India, According to EY CEO Carmine Di Sibio
Ernst & Young (EY) CEO Carmine Di Sibio has expressed strong confidence in India emerging as a key global investment destination in the coming years. Di Sibio attributes his optimism…
Hari Om Rai of Lava International Detained by ED in Vivo Mobiles India Case
On Tuesday, October 10, the Patiala House Court in Delhi granted custody of four individuals to the Enforcement Directorate (ED) for their alleged involvement in money laundering in the Vivo…
Despite Small Car Sales, Two-wheelers Outperform: FADA
September brought a breath of fresh air for the Indian automotive retail sector, showcasing robust growth according to the latest data from the Federation of Automobile Dealers Associations (FADA). Year-on-year…
HDFC Bank Announces Second Management Rejig Under CEO Sashi Jagdishan After Merger
HDFC Bank, India's leading private lender, has announced a strategic reorganization of its top management following the completion of a mega-merger with its parent HDFC Limited, in July. This marks…
Vedanta is Rumoured to be Planning a Partial Cash Payment in an Effort to Extend Bonds
Vedanta Resources, the mining company led by Indian tycoon Anil Agarwal, is reportedly considering a restructuring plan for its dollar bonds maturing in 2024 and 2025. According to sources familiar…
Collaboration between Microsoft and Infosys to Drive Forward AI-Enabled Solutions
IT services giant Infosys Ltd has announced a strategic collaboration with Microsoft to jointly develop advanced solutions utilizing Infosys Topaz, Azure OpenAI Service, and Azure Cognitive Services. This partnership aims…
Audi, Lexus, and Mercedes Expect Holiday Season Sales to Soar
Luxury carmakers, including Mercedes-Benz, Lexus, and Audi, are anticipating robust sales momentum during the ongoing festive season in India. The demand for high-end cars remains strong, driven by factors such…