Foxconn Moves Away from China by Increasing Investments in India
Foxconn, a supplier of Apple, has recently decided to boost its production of iPhones in India by 2024. As per an official from the company, their upcoming plan is to…
Disney Aims to Revive Indian Streaming Business with Free Cricket, Amid Subscriber Challenges
Walt Disney (DIS.N) is strategically moving to renew its streaming operations in India by offering free cricket content on smartphones. The company is wagering that this approach will boost advertising…
China Evergrande registered a $4.5 billion loss in the first half of the year.
China’s Everygrande group is going to restart their stock on Monday, after 17 months of suspension. This happened after the reporting of the highest debt, a real estate developer debt…
20% export duty on rice; prices shake around the world
The finance ministry put out an official notification on Friday levying a sharp export duty on parboiled rice. The duty hike has taken place following the ban on the export…
Rolex Set to Acquire Bucherer, Strengthening Position as Leading Watchmaker and Retailer”
Swiss watchmaker Rolex has announced that they will be acquiring Bucherer, this will give Rolex even more control over the closely held luxury watch industry as its watches are sold.
IDFC First Bank Wins Title Rights for Bilateral Cricket Home Matches 2023-26
In the recently concluded round for title rights bid for bilateral cricket at home, the Board of Control for Cricket in India (BCCI) roped in IDFC First Bank as a…
Heineken sells Russia business to Arnest Group for One Euro
Dutch beer giant Heineken has finalized its exit from the Russian market, selling its operations to the Russian company Arnest Group for a mere one euro. This deal was approved…
SEBI proposes restriction of regulated entities associated with Finfluencers
The Securities Exchange Board of India (SEBI) published a consultation document on the collaboration between registered intermediaries and ‘finfluencers’ (finance influencers). This decision was made in light of the recent…
7th Pay Commission: DA Hike likely to be there for the Government Employees
Amid the retail inflation hike, central government employees are eagerly waiting for the July DA (Dearness Allowance) surge. Although no important announcement has been made so far, some speculations and…
Bharti Realty to invest INR 6595 crores for Aerocity Global Business Hub
Bharti Enterprises' real estate arm, Bharti Realty, has recently announced plans to invest over INR 6,595 crore ($794 million) in the establishment of a global business hub near Delhi International…