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.'
Cisco Chairman and CEO Chuck Robbins announced plans to expand the company's silicon design team in India, citing the country's pro-growth strategy, scale, ambition, and engineering focus as key reasons for its strategic importance.
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.
Lithium-ion battery recycling firm NAN Silox GreenMet Pvt Ltd has appointed Vijay Pasupathy as its Chief Executive Officer. The company is advancing plans to establish a Rs 1,400-crore critical metals recycling facility in Naidupeta, Andhra Pradesh, aiming to boost domestic capabilities in processing recovered critical metals and reduce reliance on imports.
Marco Rubio will visit Mumbai and Jamnagar to discuss energy cooperation as S Jaishankar says India-US trade talks are nearing a landing point, with a few issues unresolved.
In its latest edition, which will hit the stands on October 3, Panchjanya has carried a cover story that is highly critical of Amazon.
Saudi Arabia's East-West pipeline shutdown could make crude costlier for India as refiners face fewer supply routes and rising freight and insurance costs.
Items to be stocked include furniture, chocolates, leather goods, fruit pickles and sushi.
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.
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).
Wipro reported a marginal 1.40 per cent decline in consolidated net profit to Rs 3,200.6 crore for the July-September quarter of FY27, despite a 9.1 per cent increase in revenue from operations to Rs 24,752.7 crore.
The CBI has filed its 21st chargesheet in an alleged homebuyer fraud case related to the 'Acme Boulevard' housing project in Mumbai. Five former promoters/directors of Acme Realties Private Limited and Acme Housing India Private Limited are accused of inducing homebuyers through false assurances and fraudulent representations. The agency is also investigating 32 other similar cases involving various builder companies and financial institutions.
India's leading IT companies are anticipated to report subdued revenue growth and largely stable margins for the July-September quarter, as clients maintain tight discretionary budgets, with analysts closely watching the conversion of strong bookings into revenue and the impact of AI on traditional services.
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.
Golf star Rory McIlroy has voiced strong support for the DP World Tour's recent decisions concerning players involved with LIV Golf. He backed the Tour's move to restrict LIV players from its 2027 season and its right to protect business interests, while also highlighting the Tour's opportunity to showcase international golf during less crowded periods in the PGA Tour schedule. McIlroy, a DP World global ambassador, expressed his commitment to the Tour and shared his thoughts on returning to the Delhi Golf Club.
India's six-member golf contingent, led by silver medallist Aditi Ashok, is set to compete at the Asian Games. The team, comprising experienced professionals like Yuvraj Sandhu, Veer Ahlawat, and Diksha Dagar, aims to add to India's seven past golf medals. They face a strong international field, including PGA Tour stars like Tom Kim and Keita Nakajima, on a challenging course.
Volkswagen, a long-standing but minor player in India's fiercely competitive automotive sector, is now exploring a strategic partnership with the JSW group, aiming to revitalise its market presence, enhance profitability, and potentially establish India as a key export hub for electric vehicles.
Large office leases in Mumbai and Delhi-NCR are commanding premium rentals in key micro-locations, driven by a scarcity of quality Grade-A space and sustained occupier demand, according to real estate consultants.
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.
'Elevated crude prices and unchanged domestic fuel prices would put pressure on the profitability and cash flows of OMCs.'
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.
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.
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.
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.
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.
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.
'I know China will implode. It is scientifically impossible for China to control a nation through the barrel of a gun.'
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.
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.
'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.'
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.
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.
