India’s trade surplus with the United States is projected to exceed 90 billion US dollars annually. This surge is driven by a significant rise in Indian exports to the US, potentially crossing 100 billion US dollars. Simultaneously, imports from the…
Read More
Flipkart, owned by Walmart, is assessing entry into online food delivery, starting with a Bengaluru pilot around May-June and a wider launch later. It is exploring a standalone platform or a buyer-side app on ONDC, after earlier plans did not…
Read More
The handset brand which sells products ranging from washing machines to an electric vehicle in China, is planning to bring some of those products to India, targeting its 140 million strong user base in India to have at least five…
Read More
Adani Power has established Adani Atomic Energy Limited, a wholly owned subsidiary, to generate, transmit, and distribute nuclear power. This move follows the recent passage of the SHANTI Bill, allowing private sector participation in India’s nuclear energy sector. The company…
Read More
The Mumbai-based brand, owned by Nutritionlab, counts Hindustan Unilever and Fireside Ventures among its early backers. HUL and Fireside — holding 19.8% stake each — will exit with more than fourfold returns.
Read More
In a surprising move, Mehli Mistry, a trustee at Tata Trusts, has raised concerns about the relevance of the vice-chairman positions, pointing out that their establishment does not align with the Trust Deed. Introduced amidst a previous legal conflict, Mistry…
Read More