Strategy

Novartis announces strategic review of its India business

Novartis announces strategic review of its India business

19 Feb 2024

Swiss pharma multinational Novartis AG has started a strategic review of its Indian arm, possibly with the intent of selling it off.

Thrillophilia launches a 'One-Stop' tourism guide for Lakshadweep

Thrillophilia launches a 'One-Stop' tourism guide for Lakshadweep

11 Jan 2024

In a bid to capture the recently growing interest in Lakshadweep tourism, Rajasthan-based travel platform Thrillophilia has launched a dedicated online platform, TourismLakshadweep.com.

Adani plans a $1 billion boost for the renewable energy arm

Adani plans a $1 billion boost for the renewable energy arm

21 Dec 2023

In a strategic move to accelerate its green energy ambitions, billionaire Gautam Adani and his family are set to inject $1 billion into Adani Green Energy Ltd.

Adani to sell 49% stake in Ennore container terminal to MSC arm

Adani to sell 49% stake in Ennore container terminal to MSC arm

18 Dec 2023

Adani Ports and Special Economic Zone Ltd (APSEZ) on Friday announced a strategic partnership with Terminal Investment Limited (TiL), the container terminal operating and investing arm of Mediterranean Shipping Company (MSC), for the operation of Adani Ennore Container Terminal Pvt Ltd (AECTPL).

Oil marketing companies to set up 7,432 EV charging stations

Oil marketing companies to set up 7,432 EV charging stations

14 Dec 2023

The ministry of heavy industries has sanctioned Rs800 crore as capital subsidy to the three public sector oil marketing companies (OMCs) for setting up 7,432 electric vehicle charging stations under Phase II of the FAME scheme.

SpiceJet plans to raise Rs2,250-cr through private placement

SpiceJet plans to raise Rs2,250-cr through private placement

14 Dec 2023

The board of directors of SpiceJet has approved a proposal to raise around Rs2,250 crore, through the issuance of equity shares/equity warrants under a private placement basis to various investors.

Omidyar Network announces its exit from the Indian market after a decade of operations

Omidyar Network announces its exit from the Indian market after a decade of operations

12 Dec 2023

In a significant development, impact investment firm Omidyar Network India, operating with a unique dual-chequebook investment model, is set to exit the Indian market after a decade of operations.

Nvidia collaborates with the U.S. government to ensure compliance in the Chinese market

Nvidia collaborates with the U.S. government to ensure compliance in the Chinese market

06 Dec 2023

In a recent announcement, Nvidia’s CEO, Jensen Huang, revealed the company’s close collaboration with the U.S. government to ensure that its new chips for the Chinese market adhere to export restrictions.

Walmart reduces import dependence on China and shifts focus to India

Walmart reduces import dependence on China and shifts focus to India

30 Nov 2023

Walmart, the world's largest retailer, has significantly increased its imports from India while decreasing its reliance on China.

Barclays plans $1.25 billion in cost savings, considering layoffs for up to 2,000 jobs

Barclays plans $1.25 billion in cost savings, considering layoffs for up to 2,000 jobs

24 Nov 2023

Barclays, one of the leading British banks, is reportedly exploring strategies to save as much as £1 billion, with the possibility of cutting up to 2,000 jobs, particularly in the bank's back-office operations.

Bharti Airtel considers raising $1 billion fund to settle spectrum dues

Bharti Airtel considers raising $1 billion fund to settle spectrum dues

21 Nov 2023

One of India’s biggest telco giants, Bharti Airtel, led by Sunil Bharti, is exploring new ways to raise funds amounting to up to $1 billion, or around Rs 8,330 crore.

Australian trading bourse and TCS to partner up to create trading software

Australian trading bourse and TCS to partner up to create trading software

20 Nov 2023

ASX Ltd., an Australian bourse operator, has partnered with Tata Consultancy Services (TCS) to create a product-based solution to replace its trading, clearing, and settlement systems.

Boeing announces departure of chief strategy officer in 2024 amid company restructuring

Boeing announces departure of chief strategy officer in 2024 amid company restructuring

17 Nov 2023

Boeing’s chief strategy officer, Marc Allen, has decided to step down from his position by the end of this year.

Vedanta engages in discussions to secure up to $2.5 billion for repayment to international bondholders

Vedanta engages in discussions to secure up to $2.5 billion for repayment to international bondholders

09 Nov 2023

Vedanta Resources Limited (VRL), a prominent diversified mining company headquartered in London, is in the final stages of devising a plan to raise up to $2.5 billion (approximately Rs 20,800 crore) to meet impending debt repayment deadlines.

Sub-prime crisis highlights need for enterprise- wide approach to risk management: Datamonitor

By Our Corporate Bureau | 02 Feb 2008

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