PepsiCo to invest Rs 5,700 crore in India by 2030 to expand manufacturing capacity
PepsiCo plans to invest up to Rs 5,700 crore in India by 2030, primarily to expand manufacturing capacity for its foods business. The invest...
Showing posts with label May 19. Show all posts
Showing posts with label May 19. Show all posts
$25 billion and counting: Iran war burns a hole in corporate balance sheets
A US-Israeli war with Iran has triggered significant global economic fallout, with companies reporting at least $25 billion in losses due to...
Petrol, diesel price hikes: How India’s fuel price rise compares to US, China, Pakistan, UAE & other economies
Economists say that if the situation does not improve in the coming days, then more hikes may be in the offing. However, the approach of gra...
Australia lowers interest rates to 3.85%, second cut this year
The Reserve Bank of Australia (RBA) has cut the cash rate to 3.85%, marking the second reduction this year amid declining inflation, now wit...
Setback for telecom majors: SC rejects pleas by Vodafone, Airtel, Tata Teleservices for AGR dues waiver, calls appeals 'misconceived'
The Supreme Court has dismissed petitions from Vodafone, Airtel, and Tata Teleservices seeking waivers on adjusted gross revenue (AGR) dues....
Reliance Power inks long-term power deal in Bhutan for 500 MW solar project
Reliance Power and Bhutan's Green Digital Pvt Ltd have signed a deal to build a 500 MW solar power plant, Bhutan's largest, via a jo...
More iconic Harleys in India soon? After X-440, Hero & Harley-Davidson may tie-up for more motorcycles; eye exports as well
Hero MotoCorp and Harley-Davidson are likely to announce an expanded partnership in India to introduce a wider range of Harley-Davidson mode...
Crackdown! Why telecom operators may block 1.8 million SIM cards soon
Telecom operators are likely to disconnect 1.8 million mobile connections to combat cybercrime and online fraud. SIM cards are being scrutin...
Elon Musk launches Starlink in Indonesia
Tech billionaire Elon Musk launched Sunday his Starlink service on Indonesia's resort island of Bali as the country aims to extend inter...
Zomato Q4: Consolidated losses narrow; revenues up nearly 70% y-o-y
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India's forex reserves edge towards $600 billion, hit near 1-year high
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Sensex, Nifty snap three-day losing run but post weekly decline
The Indian stock market rose on Friday as investors looked forward to news of a potential U.S. debt ceiling deal. The benchmark indexes gain...
PNB Q4 profit jumps over 5-fold to Rs 1,159cr
Punjab National Bank (PNB) on Friday reported over five-fold jump in its net profit to Rs 1,159 crore for the March 2023 quarter, helped by ...
Value of defence production crosses Rs 1 lakh crore mark in FY 2022-23
For the first time, the value of India's defence production has crossed Rs one lakh crore mark in the financial year 2022-23, the defenc...
Flipkart, PhonePe doing well: Walmart
“In India, Flipkart’s commerce platform continues to scale…expanding its reach in tier two and three cities. Flipkart’s ekart business now i...
Cartelisation going to be a challenge: FM
Finance minister Nirmala Sitharaman on Friday flagged concerns about possible cartelisation in markets and stressed on the need to look into...
Auto parts supplier Sona BLW bets on global EV push
Sona BLW Precision Forgings expects two-thirds of its revenues to come from electric vehicle (EV) components over the next few years, as aut...
SC dismisses plea to review decision on removal of Mistry
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