India’s Diwali sales hit a record high of Rs 5.40 lakh crore in goods and Rs 65,000 crore in services. This represents a 25 percent increase over last year. GST reforms and strong consumer demand fueled this growth. Brick-and-mortar stores…
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China has lodged a complaint with the WTO against India’s incentive schemes for battery and electric vehicle manufacturing. Beijing claims these policies favor domestic goods over imports, potentially violating global trade rules. India’s measures aim to boost local production in…
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Unilever’s planned demerger of The Magnum Ice Cream Company has been delayed due to the U.S. federal government shutdown, preventing the SEC from declaring the registration statement effective for its New York Stock Exchange listing. While preparatory work is on…
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Indian stock markets, Sensex and Nifty, saw subdued performance since November 1, 2024. Banking and IT sectors showed gains. However, mid and small-cap indices experienced significant drops. Past years like 2020 and 2023 offered better returns post Muhurat trading. Market…
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Adani Realty and Marathon Nextgen Realty have partnered to develop a significant commercial project in Byculla, South Mumbai, valued at Rs 3,400 crore. This joint venture will add 1.2 million sq ft of office and retail space to the existing…
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Reliance Retail CFO Dinesh Taluja said JioMart is better placed with an extensive physical store network and dark stores being set up in select locations. Reliance Retail has already operationalised 600-odd dark stores and is also investing in more to…
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