NEWS
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Adani's big move: Gautam Adani unveils Rs 2 trillion investment plan for Gujarat
10 Jan 2024
Indian billionaire entrepreneur Gautam Adani revealed plans for a substantial investment exceeding Rs 2 trillion in Gujarat during his address at the Vibrant Gujarat Global Summit.
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Paytm plans ₹100 crore investment in GIFT City for AI-driven cross-border remittance
10 Jan 2024
Paytm, the leading payments and financial services company owned by One97 Communications Limited (OCL) is set to invest Rs 100 crore in Gujarat International Finance Tec-City (GIFT City) to foster a global financial ecosystem.
JLR sales jump 27% in October-December 23 quarter.
10 Jan 2024
Jaguar Land Rover, the UK luxury car business of Tata Group, has reported wholesales of 101,943 units in fiscal third quarter ended 31 December 2023,
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Accenture Song acquires Work & Co., expanding its digital design capabilities
10 Jan 2024
In a move to boost its digital design and technology portfolio, Accenture Song, the creative services arm of global consulting powerhouse Accenture, has sealed a deal to acquire Work & Co., a prominent digital design and technology agency based in Brooklyn, N.Y.
Tata Group unveils plans for two Taj resorts in Lakshadweep, set to open in 2026
09 Jan 2024
In a strategic move, Tata Group’s Indian Hotels Company Limited (IHCL) has announced the development of two Taj-branded resorts in the picturesque Lakshadweep archipelago, poised to open its doors in 2026.
Indian IT giants employ non-compete clauses in junior staff contracts
09 Jan 2024
In a recent development, major Indian IT companies, including TCS, Infosys, Wipro, HCLTech, and Tech Mahindra, have incorporated non-compete clauses into the contracts of junior employees, spanning from 6 to 12 months.
Exxon Mobil struggles with a $2.5 billion California offshore exit
09 Jan 2024
Exxon Mobil is set to write down approximately $2.5 billion related to its troubled California properties, marking a move to cease offshore oil production in the state after five decades.
India to invest over Rs45,000 cr to develop inland cruise tourism
09 Jan 2024
The Inland Waterways Development Council, which held its first meeting in Kolkata, on Monday, committed Rs45,000 crore for the development of River Cruise Tourism in India over the next 23 years ending 2047.
Hewlett-Packard Enterprise in advanced talks to acquire Juniper Networks in $13 billion deal
09 Jan 2024
Hewlett-Packard Enterprise (HPE) is currently engaged in discussions to acquire Juniper Networks in a deal estimated at approximately $13 billion, as disclosed by sources on Monday, 8 January 2024.
ONGC starts oil production from deep water KG basin block
09 Jan 2024
State-owned oil and natural gas explorer, Oil and Natural Gas Corporation (ONGC), on Monday (8 January) announced the start of production of "First Oil" from the deep-water block in Krishna Godavari (KG) basin, in the East Coast of India.
Tata Power to invest Rs70,000 cr in wind and solar units in Tamil Nadu
09 Jan 2024
Tata Power on Sunday announced plans to set up solar and wind power units of a combined 10 Gigawatt generation capacity in Tamil Nadu, at an estimated cost of Rs70,000 crore. The investment is likely to be made over the next 5-7 years, Praveer Sinha, chief executive officer of Tata Power said.
Boeing's 737 Max 9 incident raises safety concerns and prompts grounding
08 Jan 2024
An emergency landing of an Alaska Airlines Boeing 737 Max 9 in Portland, Oregon, USA, has prompted the Federal Aviation Administration (FAA) to order inspections, affecting about 171 planes owned by Alaska, United, and other carriers.
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