Apple Inc is expected to produce iPhones worth $12 billion (freight on board value) in India during 2023-24, according to discussions between the company's vendors and the government. This would account for around 12 per cent of Apple's global iPhone production-higher than the earlier plan of shifting around 9 per cent of the total to India by FY24, which is the third year of the PLI (production-linked incentive) scheme.
Merger and acquisition (M&A) deals in the global technology sector amounted to USD 56.4 billion in the July-September quarter of 2011, an increase of 22 per cent vis-a-vis the year-ago period, according to a report by Ernst & Young.
India has surpassed China to become the world's most populous nation with 142.86 crore people, shows the latest United Nations data, even as UN projections estimate that the country's population is expected to grow for the next three decades after which it will begin declining.
Former India coach Ravi Shastri believes the mushrooming T20 leagues around the world will eventually hurt bilateral cricket, especially the ODI format.
'In India, the GenAI startup ecosystem is unfolding with remarkable speed, signalling a new era of technological advancement and investment opportunities.'
While asking firms not to worry about sharp volatility in prices, Birla said companies must make sure they do not get caught in 'comorbidities'.
American Mega Trends is now betting big on the Indian storage market, which it ignored earlier, and is eying a ten per cent pie - or Rs 400 crore - in the space in the next four years.
There could be some eye-popping deals for players, who would have struggled otherwise to attract attention in the mega auction.
Lolo never fails to get it spot on with her bridal avatars.
According to the data, the tiger population in the country increased from 2,967 in 2018 to 3,167 in 2022.
'Overtightening of monetary policy by central banks and the spread of new Covid variants, which may force governments to restart lockdowns or restrict mobility.'
Powered by Ziptron technology, the electric SUV for the personal segment comes with a range of 312 km on a single charge and a high voltage system, fast charging capability, extended battery life and class leading safety features. Besides, it has 35 connected car features as well. The Nexon EV will be available in three trim levels across 60 authorised dealerships in 22 cities, the company said at the launch.
As India women cricketer set foot into hitherto uncharted territory, it would be fair to say the auction has gone way beyond expectation for several of them if one compares it with the IPL.
'While the march of globalisation is perhaps inevitable, what is certain is that the world is no longer flat as, the emerging pattern of trade is more regional. 'This new trend of 'slowbalisation' raises some questions that challenge conventional wisdom on how businesses should distribute their capacities,' Birla said.
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CIL aims to sell 12.6 mn shares to retail investors
No major deals above the value of USD 300 million happened last month, causing the decline from January, which registered deals worth USD 3.5 billion, according to a report released by consultancy firm EY on Wednesday.
With a 50 per cent increase in the last four years, Madhya Pradesh has the maximum number (785) of tigers in the country, followed by Karnataka (563), Uttarakhand (560), and Maharashtra (444), according to the data.
Other Health Food Drinks brands of GSK -- Boost, Maltova and Viva -- would come to HUL's portfolio by virtue of the merger, making it a leading player in the segment.
India have not won a World Cup since the 2011 title triumph by the Mahendra Singh Dhoni-led side in the 50-over global showpiece.
Modern Indian weddings are no longer just about scrumptious menus, flashy decors, and extravaganza events. It's more about thoughtfulness, personalisation, and celebrating with loved ones, observes Anam Zubair, associate director of marketing, WeddingWire India.
The second quarter of FY22 continued to show double digit growth for the top four IT services providers, with every vertical and geography growing well, even though the total contract value (TCV) looked soft for all the players. The trend was first evident in Accenture's Q4 numbers, which saw its TCV in outsourcing deals softer. A soft TCV does not mean that growth is declining, but it does point to the trend of few and scarcer mega deals.
More and more PE players are willing to test the waters now, just in case they become early entrants in a future booming business.
Kaviya Maran is the co-owner of the Sunrisers Hyderabad team.
The top Indian model shares her fashion, beauty, diet and dating mantras.
While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation
The expected interest rate hike in the US and the resultant volatility in the domestic secondary market could play a dampener to the over Rs 2-trillion initial public offering (IPO) pipeline in 2022. IPOs in 2022 look promising, with as many as 35 companies holding the Securities and Exchange Board of India's approval to raise roughly Rs 50,000 crore. Another 33 companies are waiting for the regulator's nod to raise around Rs 60,000 crore next year.
Fast-moving consumer goods (FMCG) sales continued to be lower in June compared to May with urban sales witnessing a steeper decline than rural. Sales of goods from shampoos to biscuits stayed lower due to inflationary pressures on commodities. This pushed consumer companies to continue taking price hikes, thus impacting demand, according to data by Bizom.
Speaking at the annual management conclave 'Confluence 2014' held at the Indian Institute of Management, Ahmedabad (IIM-A), Rekhy stated that automation in manufacturing such as 3D printing will result in loss of job creation in the industry.
Initial public offerings (IPOs) by start-ups are bringing cheer to investors and investment bankers alike. After food delivery company Zomato, Nykaa has issued the fattest pay cheque to the managers of its share sale -- Rs 148 crore, or 2.8 per cent of its issue proceeds of Rs 5,300 crore. In absolute terms, this is the second-highest amount paid to investment bankers for handling an IPO, while in percentage terms, it is the highest for large IPOs (>$300 million) in the last one year, shows an analysis of the data provided by Prime Database, a primary market tracker.
From Covid to climate change, Shankar Acharya's look at some of the trends and events that might shape 2022.
$47.6 bn capital invested across 921 deals in India in 2020, despite pandemic.
Ramdev's company remains a dominant player in the naturals space, but products of rivals are also gaining popularity.
'As the world goes digital, we cannot afford to be left behind.'
"For us, combating the COVID-19 situation will be the topmost priority... This is victory of Bengal and only Bengal can do it ," she said in her brief message to party workers.
The employment situation remains dire. Whatever can be done to promote greater low-skill employment should be pursued aggressively, advises former chief economic adviser Shankar Acharya.
... and I learn more about economic trends than from books, says Ajit Balakrishnan.
'You can either sulk and blame your destiny or you can choose to handle the situation with positivity.'
Projects in other developed countries, such as Canada, and even in developing nations like Mozambique and Indonesia are also in limbo
Clients are seen realigning their tech strategy by moving works from own captives to third-party service providers which is mostly benefiting to large companies such as Infosys, TCS, Wipro or HCL Technologies.
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