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.'
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).
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.
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 its latest edition, which will hit the stands on October 3, Panchjanya has carried a cover story that is highly critical of Amazon.
Items to be stocked include furniture, chocolates, leather goods, fruit pickles and sushi.
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.
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.
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.
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.
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.
'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.
Go once. You will know, even before you board the flight home, that you will return.
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.
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.
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.
At the heart of the decision is concern over the survival of Meghalaya's neighbourhood retailers.
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.
'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.'
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.
Mumbai has spent four centuries building folklore around its monsoon: The potholes, the delayed trains, the office debates about whether it will 'break' this week or next. It turns out the rain was always a market. Nobody had built the exchange for it until now!
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.
Indian wedding bookings to Sri Lanka are projected to grow 20-25 per cent annually over the next few years.
Larsen & Toubro (L&T) is significantly investing in automation, robotics, and technology-led solutions to scale up its construction activities, as increasing traditional manpower is no longer a viable growth option, according to CFO R Shankar Raman.
Global oil prices fell on Thursday to their lowest levels since before the outbreak of the Iran conflict, offering a significant economic tailwind for India, the world's third-largest crude importer, by easing inflation risks, reducing the import bill and improving the government's fiscal position.
The launch highlights the growing maturity of India's nuclear medicine ecosystem.
Indian refiners are negotiating for additional crude cargoes from the US, Russia, and West Africa to ensure adequate supplies amid Middle East tensions. Refineries are maintaining normal processing rates and deferring maintenance to build reserves. The move comes as conflict impacts tanker movements through the Strait of Hormuz, a key energy transit route.
The Enforcement Directorate has launched a foreign exchange violation investigation against Vedanta Group, conducting searches at its premises in multiple locations.
India's manufacturing sector experienced a mild recovery in April, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) rising to 54.7 from 53.9 in March. However, inflationary pressures intensified, with input costs increasing at the fastest pace since August 2022, largely attributed to the Middle East conflict.
India's procurement of Venezuelan crude oil has picked up momentum since April and the South American nation has already emerged as the third largest oil supplier to the country.
Gwadar is viewed as a critical pearl in China's maritime strategy as it would give a permanent logistical footprint near an important choke point - the Strait of Hormuz and the oil rich Persian Gulf, explains Commodore Venugopal Menon (retd).
