NEWS

Toyota sets plans to increase manufacturing capacity in India

Toyota sets plans to increase manufacturing capacity in India

26 Oct 2023

Japanese automobile giant Toyota Motor Corporation has started the process to increase manufacturing capacity in India as both their plants are running at full capacity.

Shell to cut more low-carbon jobs and cut back on investments amid an overhaul

Shell to cut more low-carbon jobs and cut back on investments amid an overhaul

26 Oct 2023

Shell Oil Corporation, one of the largest in the world, will cut at least 15% of the workforce in its low-carbon solutions division and cut back

Honasa Consumer, parent company of Mamaearth, set to launch IPO on October 31

Honasa Consumer, parent company of Mamaearth, set to launch IPO on October 31

25 Oct 2023

One of India’s fastest-growing startups, Mamaearth’s parent company, Honasa Consumer Ltd., will launch its initial public offering (IPO) on October 31, 2023.

Google Cloud reports slow revenue growth amid the Microsoft cloud boom

Google Cloud reports slow revenue growth amid the Microsoft cloud boom

25 Oct 2023

Google’s cloud business has slid to its lowest quarterly numbers in the past three years.

Reliance closes in on the acquisition of Disney's India business

Reliance closes in on the acquisition of Disney's India business

25 Oct 2023

One of India’s largest conglomerates, Reliance Industries Ltd., is planning to buy Disney Co.’s Indian operations.

Study reveals global billionaire tax could generate $250 billion annually

Study reveals global billionaire tax could generate $250 billion annually

23 Oct 2023

The EU Tax Observatory suggested on Monday, 23 October, 2023, that governments should introduce a global minimum tax on billionaires

Kotak Mahindra Bank faces uncertainties with new external CEO and potential acquisition

Kotak Mahindra Bank faces uncertainties with new external CEO and potential acquisition

23 Oct 2023

Kotak Mahindra Bank Ltd. has released its September 2023 quarter results, which stood up to expectations. The bank reported a 24% growth in profit

Merck and Daiichi partner on a $5.5 billion deal for cancer therapy development

Merck and Daiichi partner on a $5.5 billion deal for cancer therapy development

20 Oct 2023

The American pharmaceutical company Merck will start a joint venture with Daiichi Sankyo to develop three of its candidate cancer drugs.

ITC of India falls short of profit expectations amidst rising competition and costs

ITC of India falls short of profit expectations amidst rising competition and costs

20 Oct 2023

ITC has reported a below-expected rise in profits in its second quarter, as reported on Thursday, 19 October, 2023.

Tata Group plans to invest additional funds in its super-app, Tata Neu

Tata Group plans to invest additional funds in its super-app, Tata Neu

20 Oct 2023

Tata Group, one of the largest Indian conglomerates, is planning to invest another $1 billion in its super app venture.

Netflix raises prices and gains subscribers amidst strikes

Netflix raises prices and gains subscribers amidst strikes

19 Oct 2023

Streaming giant Netflix has increased subscription prices for some plans in the U.S., Britain, and France. These new prices became active on Wednesday

India-UK free trade deal unlikely by month's end

India-UK free trade deal unlikely by month's end

19 Oct 2023

India and the United Kingdom are unlikely to agree on the expected trade deal by the end of October. It was reported that negotiations are still ongoing

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