investment Archives

Vodafone Idea’s “Smart Turnaround” with Rs 18,000 Crore FPO: K M Birla

Vodafone Idea, the telecom giant, is gearing up for a “smart turnaround” following its successful raising of Rs 18,000 crore through a follow-on public offer (FPO). Kumar Mangalam Birla, chairman of Aditya

April 25, 2024

Business

UltraTech Cement Strengthens Presence in Maharashtra with Acquisition of India Cements’ Grinding Unit

UltraTech Cement, the largest cement manufacturer in India, has made a significant move towards expanding its operations by acquiring a grinding unit from India Cements in Maharashtra. The acquisition, valued at Rs

April 20, 2024

Business·Latest News

“Elon Musk’s India Visit Delayed: Tesla CEO’s Plans on Hold as New Dates Await Announcement”

Tesla CEO Elon Musk’s much-anticipated visit to India has hit a delay, as reported by CNBC-TV18. Originally slated for April 21 and 22, Musk’s itinerary included meetings with Prime Minister Narendra Modi

April 20, 2024

Business·India

Reliance Industries’ Decade of Investment: A Strategic Evolution towards Sustainable Growth

In a strategic trajectory spanning over a decade, Reliance Industries Ltd (RIL) has embarked on a transformative journey of investment, funneling over $125 billion into diverse sectors to foster expansion and innovation.

April 20, 2024

Business

Tata Motors Leads the Charge: Importing Jaguar Land Rover EVs to India Under New Government Policy

Tata Motors, a key player in India’s automotive sector, is poised to spearhead a transformative move in the country’s electric vehicle (EV) landscape. According to sources within the Indian government, Tata Motors

April 19, 2024

Business·Latest News

Woodside Energy’s Revenue Dips in Q1 Due to Lower LNG and Oil Prices, Production Declines

Woodside Energy, Australia’s leading LNG exporter, faced a downturn in revenue during the first quarter of the financial year, primarily attributed to a decline in liquefied natural gas (LNG) and oil prices.

April 19, 2024

Business

Tamil Nadu Surges Ahead in Electronics Exports Amid Apple’s India Push

In a monumental shift in India’s electronics export landscape, Tamil Nadu emerges as the frontrunner, fueled by the vigorous push from tech giant Apple. The state, nestled in the southern part of

April 18, 2024

Business·India

Microsoft-OpenAI Collaboration Escapes Formal EU Merger Probe, Signals Regulatory Trends

Amidst speculation and regulatory scrutiny, the Microsoft-OpenAI collaboration, marked by a $13 billion investment, has sidestepped a formal EU merger probe, according to sources familiar with the matter. This development suggests a

April 18, 2024

Business

India’s Interest Rate Outlook for FY24-25: Analysis by Morgan Stanley

In a recent analysis by Morgan Stanley, economists Upasana Chachra and Bani Gambhir indicated that interest rate cuts in India for the fiscal year 2024/25 are now “off the table.” This assessment

April 17, 2024

India·Latest News

Indian Economy Plunges into Crisis: Chidambaram Slams BJP’s Ignorance

In a scathing critique, veteran Congress leader P Chidambaram voiced grave concerns over the state of the Indian economy, accusing the ruling Bharatiya Janata Party (BJP) of being oblivious to its distress.

March 30, 2024

Politics