Reliance Brands (RBL), which bought British toy retailer Hamleys in 2019, is all set to acquire 40% stake in Italy-headquartered Plastic Legno’s toy manufacturing business in India for an undisclosed sum. The deal will help Reliance Brands strengthen...
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24th Dec 2024 | Updated at 09:15am 24th Dec 2024
India poised to be 3rd largest economy by 2030: S&P
India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said.
Bajaj Housing Finance shares surge 136% on debut
Shares of Bajaj Housing Finance, one of India's biggest mortgage providers, shot up by as much as 136 per cent to Rs 165 during its trading debut on India's stock exchanges on Monday, after the $782 mn offering drew bids for more than 67 times...
India’s Directorate General of Civil Aviation (DGCA) has imposed a fine of Rs 10,00,000 on Vistara after a co-pilot landed an aircraft at Indore airport on August 9, 2021 under the supervision of a captain who had not undergone simulator training...
Manufacturing sector in India remained robust in May on the back of new orders with a surge in global demand which was the strongest in over 11 years.
While about 5,000 Air India employees were to retire in the next five years, the airline rolled out a voluntary retirement scheme (VRS) for some permanent...
The Competition and Consumer Commission of Singapore (CCCS) has expressed concerns over Tatas acquiring Air India (AI) as three related entities now have a major presence on “overlapping passenger routes” - Delhi-Singapore and Mumbai-Singapore...
Billionaire Adani owned company Adani Wilmar was listed recently in stock exchanges. The company has become an outlier among not only India’s, but Asia’s...
India's commerce and industry minister Piyush Goyal was recently in the UK to push ahead with talks, following his meeting with EU trade commissioner Valdis Dombrovskis, who said that the two partners will formally launch negotiations soon as...
Following Covid-19 and now the Ukraine war, India and several other countries have been grappling with supply chain disruptions across sectors. With the Indian government seeking to fill those gaps, India’s Commerce and industry minister Piyush...
In a fresh push to disinvestment, the union cabinet recently approved the sale of the government’s residual stake of 29.5% in Hindustan Zinc (HZL) which may help raise much-needed revenues of nearly £3.8 billion. The move came even as top officials...
The Gujarat cabinet gave its green signal for Tata Motors to take over Ford India’s passenger car manufacturing plant in Sanand near Ahmedabad.
