NEWS

India, Saudi Arabia Investment Forum to set up offices in both countries

11 Sep 2023

India and Saudi Arabia have decided to boost bilateral cooperation with a formal investment symposium between the two countries.

Alibaba stock plummets as former CEO abruptly departs cloud unit just before IPO

Alibaba stock plummets as former CEO abruptly departs cloud unit just before IPO

11 Sep 2023

Alibaba’s stock on the Hong Kong stock exchange dropped more than 4% on Monday, 11 September 2023, following the unexpected resignation of Daniel Zhang,

India, US, Brazil join to spearhead Global Biofuels Alliance

10 Sep 2023

In yet another big deal for India, which is the current president of the G20, the summit in New Delhi announced the formation of a Global Biofuels Alliance.

RBI’s digital currency has 1.5 million users, 300,000 merchants, says governor

10 Sep 2023

Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday said the central bank digital currency (CBDC) now has around 1.5 million users and that over 300,000 merchants

India-Middle East-Europe Economic Corridor will be a beacon of shared progress: PM Modi

09 Sep 2023

The proposed India-Middle East-Europe Economic Corridor will be a beacon of cooperation, innovation, and shared progress that would help chart a journey of shared progress

Foxconn, STMicro to collaborate for semiconductor factory in India

Foxconn, STMicro to collaborate for semiconductor factory in India

08 Sep 2023

Foxconn Technology Group is partnering with STMicroelectronics NV to jointly pursue the establishment of a semiconductor manufacturing facility in India.

Reliance in talks with potential partners for chipmaking foray: report

08 Sep 2023

Oil-to-retail conglomerate Reliance Industries Ltd (RIL) is reported to be in talks with global leaders in semiconductor business in a bid to explore a possible entry into the high technology business

Govt extends mandatory gold hallmarking to 55 more districts

08 Sep 2023

The third phase of implementation of the mandatory hallmarking of gold jewellery and gold artifacts started on Friday with the government extending hallmarking facility to 55 more districts.

How will the new rule changes by the European Commission affect the tech giants?

How will the new rule changes by the European Commission affect the tech giants?

07 Sep 2023

On Wednesday, 6 September 2023, the European Commission unveiled a list of service providers that meet the criteria for inclusion within the scope

Tata Consumer Products engages in discussions to acquire majority 51% stake in Haldiram’s

Tata Consumer Products engages in discussions to acquire majority 51% stake in Haldiram’s

06 Sep 2023

The consumer division of the Tata Group has begun negotiations to acquire a minimum of 51% ownership in the well-known Indian snack food manufacturer, Haldiram’s.

Diageo to acquire 53.4 % in United Spirits for Rs11,165 crore

Diageo to acquire 53.4 % in United Spirits for Rs11,165 crore

09 Nov 2012

Vijay Mallya, the self-professed King of Good Times, has finally sold a majority stake in United Spirits Ltd (USL), the flagship company of the United Breweries (UB) Group

Foster's rejects SABMiller's $10-bn bid

Foster's rejects SABMiller's $10-bn bid

21 Jun 2011

The world's second-largest wine maker by sales and Australia's largest brewer, Foster's Group, today rejected an $10 billion (A$9.5 billion) unsolicited takeover bid

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