The East India Company, revived by Indian businessman Sanjiv Mehta in 2010, has ceased operations and entered liquidation, marking the end of its modern incarnation.
'Facebook and Google no longer need to have infantry regiments and cavalry like the East India Company because they are inside everyone's phones listening to our conversations.'
India's cement industry is on the brink of an oversupply situation as aggressive capacity expansion by major players is set to outpace demand growth over the next two financial years, potentially leading to pricing pressures and moderated utilisation rates.
The merged InsuranceDekho-RenewBuy entity aims to significantly expand its distribution network across India, offering insurance, mutual funds, and loans, with a strong focus on 'Bharat' (rural India), according to CEO Ankit Agarwal.
Razorpay CEO Harshil Mathur highlights India's leadership in real-time payments, stating it can foster numerous billion-dollar fintech companies capable of expanding globally. He draws parallels with the US internet boom and discusses how India's unique regulatory and private sector collaboration, exemplified by UPI, can be replicated in other emerging markets. Mathur also touches upon the opportunities and risks associated with leveraging AI in business.
Mahindra Group has acquired a minority stake in the East India Company, the global luxury brand owned by Indian-origin entrepreneur Sanjiv Mehta who relaunched the company here in August 2010.
The boundary mess between India and Nepal needs a solution in a manner as mentioned by Nepal's Foreign Minister Shishir Khanal: 'On evidence not emotions', counsels Lieutenant General Shakti Gurung (retd).
In its latest edition, which will hit the stands on October 3, Panchjanya has carried a cover story that is highly critical of Amazon.
Six companies made their stock market debut on Thursday, setting a new record for the most mainboard listings on a single day since at least 1996.
Items to be stocked include furniture, chocolates, leather goods, fruit pickles and sushi.
Non-resident Indians are increasingly investing in luxury homes in India, driven by geopolitical uncertainties, particularly the Iran war. This trend is observed across major cities like Mumbai, Bengaluru, and the National Capital Region, with developers noting a significant rise in NRI pre-sales. While some see it as a temporary shift, others believe India is becoming a stable, long-term investment destination for NRIs, especially those from West Asia.
Japanese 'flying car' manufacturer SkyDrive Inc plans to commercialise its eVTOL aircraft in India by 2028, initially focusing on medical logistics, particularly organ transportation. The company, backed by Suzuki, has signed an agreement with Air India and Suzuki for this purpose and is considering future manufacturing in India.
In many ways, 17th century India occupied a position in the global economy comparable to that of the United States today. Just as millions of people now look towards America because of its economic opportunities, merchants, adventurers and trading companies once looked towards India.
One of the important topics of discussion between the two leaders is expected to be the Northern Sea Route and the Chennai-Vladivostok Maritime Corridor.
JK Tyre has announced its sponsorship of 11-year-old karting sensation Atiqa Mir, a move that reinforces the company's commitment to fostering young motorsport talent in India and supporting women's participation in the sport.
VinFast has gone from an unknown brand to India's fifth-largest EV carmaker in just seven months, but its toughest battle is only beginning.
New Delhi is under a thick blanket of security as it hosts top world leaders for the BRICS Summit. Extensive security measures, including thousands of personnel and CCTV cameras, are in place. Commuters can expect temporary traffic restrictions and diversions due to VVIP movements, though officials aim to minimise public inconvenience.
India's manufacturing sector activity growth declined to a five-year low in July, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) falling to 53.5 from 54.2 in June, driven by a slower rise in new business orders and challenging market conditions.
Delhi's Ridge, encompassing areas like Kamla Nehru Ridge, played a pivotal strategic role during the 1857 Revolt against British rule, with sites like the Flagstaff Tower, Hindu Rao's house, and Pir Ghaib serving as crucial military positions and silent witnesses to the intense fighting.
'I know China will implode. It is scientifically impossible for China to control a nation through the barrel of a gun.'
Analysts predict that crude oil prices, geopolitical tensions in West Asia, and upcoming inflation data will be the primary drivers of the Indian stock market this week, alongside foreign investor activity and domestic quarterly earnings.
Notwithstanding the economic complementarities and the host of agreements for deepening economic relation on a host of areas, both sides share common viewpoints on the foreign policy domain and seek common grounds to serve as a counterweight to China, notes Dr Rajaram Panda.
China sailed through the crisis in the Strait of Hormuz relatively unscathed even as the impact of its steps shielded other consuming nations from having to pay high crude oil prices.
'He wanted to know what products I'd brought along, so I showed him jackfruit flour, which research has linked to managing type 2 diabetes.' 'Then jackfruit seed flour, a strong source of protein that rural households have eaten for generations without it ever becoming a commercial product. I gave him ripe jackfruit chips too.'
The visit was expected to project Assam as the gateway to Southeast Asia and reinforce the state's emergence as a preferred investment destination.
Beijing clearly intends to extend the China-Myanmar Economic Corridor to Bangladesh as part of its larger Maritime Belt and Road Initiative to boost its Indian Ocean presence.
Indian stock markets this week will be primarily influenced by a series of corporate Q1 earnings, the evolving geopolitical situation in West Asia, and fluctuations in crude oil prices, according to market analysts.
India's services sector growth experienced a significant slowdown in June, reaching a 17-month low due to challenging market conditions and reduced domestic client interest, as indicated by the HSBC India Services PMI Business Activity Index.
Tata Steel plans to invest approximately Rs 20,000 crore in capital expenditure during the current financial year (FY27), a significant increase from the previous year, with 60 per cent of this allocation directed towards its India business for expansion, new technologies, and sustainability.
90 per cent of institutions recorded no improvement in international student metrics, despite government initiatives such as the Study in India programme, UGC regulations on internationalisation, and efforts to attract foreign students.
India has expressed firm opposition to attacks on merchant shipping amidst the ongoing Iran conflict, revealing that several Indian nationals have died or are missing due to these incidents. The nation also called for restraint, de-escalation, and prioritising civilian safety in the region.
Prime Minister Narendra Modi and Indonesian President Prabowo Subianto have significantly advanced the India-Indonesia Comprehensive Strategic Partnership, securing crucial agreements on defence, critical minerals, and maritime security, including BrahMos missile supply and Sabang port development.
Go once. You will know, even before you board the flight home, that you will return.
At the heart of the decision is concern over the survival of Meghalaya's neighbourhood retailers.
Wipro's net profit in the first quarter saw minimal growth, rising less than one per cent to 3,352 crore, while revenue increased by 10.6 per cent to 24,480 crore. The IT services segment, a key metric, grew by only one per cent year-on-year, falling short of analyst estimates amidst a challenging demand environment and longer decision cycles from clients.
'When I look at India's relative valuations, these are by far the lowest I have seen in my 35-year career.' 'The relative 12-month trailing performance is among the weakest I have seen, and foreign investor positioning is at a 16-17 year low.'
Karnataka Minister Priyank Kharge has stated the state government's "zero tolerance" policy regarding the alleged abuse of toddlers at a Bengaluru daycare centre. An explanation has been sought from the company, and action will be taken based on the inquiry report. Five nannies have been arrested, and police are investigating the alleged physical and mental abuse.
India's services sector growth reached a five-month high in April, with the HSBC India Services PMI Business Activity Index rising to 58.8, primarily driven by robust domestic demand and a shift from international to local suppliers amidst the West Asia crisis.
The reopening of the Strait of Hormuz, following a ceasefire agreement between the US and Iran, is expected to significantly ease India's crude oil supply risks, lower freight costs, and reduce inflationary pressures, as global oil prices have already dropped.
The start of the West Asia conflict has led to a sharp increase in crude-linked raw material prices, pushing up the price of helmets across the country.
