ESPN strikes a major deal with Penn Entertainment
Under the brand name Worldwide Leader in Sports, ESPN will run the sportsbooks as part of a groundbreaking $2 billion agreement that the sports media giant Penn Entertainment declared.
Air India unveils new logo and plans for rebranding
As Air India launched a "modern new brand identity" on Thursday, top executives for Tata Group-owned Air India said the company aims to radically change itself while maintaining a sense…
Swiggy, Lenskart, OfBusiness, and FirstCry set to launch IPOs
Swiggy, Lenskart, OfBusiness and FirstCry are all in different stages of preparation for their Initial Public Offerings (IPOs), according to Navneet Govil, Managing Partner and CFO of SoftBank Vision Fund.
Finance Minister declares 28% tax on online gaming companies starting October 1
Finance Minister Nirmala Sitharaman, in the 51st Goods Service Tax (GST) meeting, announced a 28 % tax on all forms of online betting starting October 1. The meeting, held on…
The Central Government imposes restrictions on imports of electronics
The Government of India, on Thursday, decided to implement measures on curbing imports of laptops, tablets, and personal computers with immediate effect. The imports would be carried out only with…
Morgan Stanley expects India’s economy to outperform China in future
Brokerage company Morgan Stanley upgraded India's outlook to "overweight," saying that it thought the nation was just beginning a long-wave boom. This occurs four months after the company on March…
Adani Group’s Ambuja Cement buys Sanghi Industries for Rs 5,000 crore
Ambuja Cements Ltd (ACL), the cement and building material company, on Thursday, August 3, acquired Sanghi Industries Ltd (SIL) for Rs 5,000 crore.
Fourth G20 Energy Transitions Working Group meeting begins in Goa
The two-day meeting, chaired by Pankaj Agarwal, the ETWG chair and secretary of the Union Ministry of Power, is being held at a hotel near Goa's capital, Panaji.
Alia Bhatt’s Ed-a-Mamma to be sold to Reliance for Rs 300-350 crore?
Reliance Brands Ltd is currently in negotiations for a complete acquisition of actress Alia Bhatt's children's clothing brand, Ed-a-Mamma, for an estimated sum of ₹300-350 crore, as stated by the…
Alternative Mechanisms To Fund Renewable Energy – India and the US Improve Bilateral Ties
On Monday, the two powerhouses of politics, India and the US, joined hands to commit to improving their bilateral ties. They entail finding alternative mechanisms, which in turn will fund…