Business

India’s automobile sector is currently grappling with a significant mismatch between factory dispatches and actual retail demand. Car dealerships across the country are burdened with unsold inventory valued at an unprecedented ₹52,000 crore — the highest ever recorded in value terms. Despite relatively steady retail demand over the past year, manufacturers have continued to push … Read more

In a big development within India’s Corporate landscape , the promoters of the Jubiliant Bhartia group has plan to sell a stake worth Rs 2000 Crore in aim of buying potential acquisition in Hindustan Coco Cola Beverages ( HCCB) one of the largest bottling company in India.moneycontrol.com A Calculated Investment move : This presumptive acquisition … Read more

Meta’s plan for 10 Billion investment in A! Segment makes a confidence move that will shape the artificial intelligence (AI) industry. Meta is expressing its plan to invest up to 10 Billion $ to scale up AI, a leading labeling and AI infrastructure company as reports come in. This investment is part of Meta in … Read more

GE ( General Electric )Eager to Help Power India’s 5th-Generation Fighter Jet General Electric (GE) has shown a great interest in powering India’s next fifth-generation fighter jet, the Advanced Medium Combat Aircraft (AMCA), which is a significant development for the country’s domestic defense industry. In addition to strengthening the expanding strategic alliance between the United … Read more

Driven by increased margins and good performance in non-participating products, Life Insurance Corporation of India (LIC), the nation’s second-largest firm by market value, announced a 38% increase in net profit for the March quarter, hitting ₹19,101.3 crore. moneycontrol.com Last year, LIC reported a ₹13,762 crore profit in the same quarter. The Board has suggested a … Read more

India is on the verge of taking a significant step towards strengthening its defence capabilities and furthering the “Make in India” initiative by pushing for local manufacturing of Rafale fighter jets. The call to “Make in India Rafale Soon” is not just about assembling the aircraft on Indian soil – it represents a powerful step … Read more

Government-run businesses are typically the first that spring to mind when one thinks about defense manufacture in India. However, that is rapidly changing, and Larsen & Toubro (L&T) is one of the most well-known companies spearheading this change. annualreview.larsentourbo.com Known for constructing everything from nuclear reactors to roadways, L&T is also aiming to establish itself … Read more

Leading the battle to purchase Imperial Blue whisky from French whiskey giant Pernod Ricard is Tilaknagar Industries Ltd. (TI), a well-known Indian alcoholic beverage company known for its flagship brandy labels Mansion House and Courrier Napoleon. With an estimated cost of $600 million (roughly ₹5,157 crore), the proposed deal is expected to rank among the … Read more

Restricted access to rare earth magnets, an essential component of electric vehicles (EVs) and high-efficiency automotive systems, is a major barrier for India’s automotive industry in a time when global supply chains are becoming more susceptible to geopolitical changes. The supply of these magnets to India has been halted by China, which leads the world … Read more

Despite the lingering shadow of legal and reputational issues surrounding the Adani Group, French energy giant TotalEnergies recently reaffirmed its commitment to Adani Green Energy Ltd. (AGEL), giving India’s renewable energy objectives a significant boost. In a clear statement during his visit to India, TotalEnergies Chairman and CEO Patrick Pouyanné emphasized that the business “continues … Read more