Amway President and CEO Michael Nelson announced a ₹100 crore (USD 12 million) investment to accelerate Amway India’s growth and transformation over the next three to five years, marking a decade of local manufacturing in the country. The move highlights India’s growing importance as one of Amway’s three global manufacturing hubs, alongside the US and…
The partnership between Wipro and HanesBrands utilizes Wipro’s AI platform, WINGS, as part of HanesBrands’ IT 2.0 transformation initiative. Wipro will overhaul HanesBrands’ IT infrastructure and cybersecurity operations with an AI-first approach, as announced in a recent filing. The partnership between Wipro and HanesBrands utilizes Wipro Intelligence WINGS, a proprietary AI platform, to support HanesBrands’…
This Diwali, the narrow lanes of Mumbai’s historic Zaveri Bazaar were even more crowded than usual, as shoppers flocked to buy gold on the festival’s first day. Interestingly, most buyers were seeking gold coins and bars rather than traditional jewelry, according to Mahavir Kothari, a wholesaler in the market. Industry bodies such as the India…
The newly inaugurated Amrita–Mizoram Science, Technology & Innovation (STI) Hub at Mizoram University marks a significant milestone in bridging science and community welfare in the state. Established by Amrita Vishwa Vidyapeetham in collaboration with the university under the Department of Science and Technology (DST), the hub provides permanent facilities for laboratories, training, and innovation initiatives…
TVS Motor Company-owned Norton Motorcycles has announced the names of three of its upcoming models: Manx, Manx R, and Atlas, according to Visordown. These bikes will mark the first launches under the company’s ongoing revamp and are set to be fully unveiled soon at the EICMA show. Reports suggest that the Manx will be a…
Washington’s recent tariff moves have put pressure on Indian exports to the US. Half of the 50% tariffs the US placed on Indian commodities in August were punitive measures related to India’s imports of Russian energy. Following multiple rounds of negotiations, India and the US are making great strides toward concluding a new bilateral trade…
In keeping with the pattern shown during its last share dilution in FY21, ICICI Securities anticipates Jio Platforms Ltd. (JPL) to make its debut at premium valuations above listed peers. JPL raised financing with a valuation of $65–70 billion at that time, already commanding a premium to Bharti India at 14–14.7 times FY22 one-year forward…
Some of the major benefits that the government highlighted on Saturday were attributed to the GST 2.0 reforms that were implemented on September 22. These included a sharp increase in sales, particularly of electronics and consumer goods; lower prices for essential everyday items; and an overall push to consumption that may even show up in…
The development of a new cancer care facility at Tata Memorial Centre’s Advanced Centre for Treatment, Research & Education in Cancer in Navi Mumbai has begun, according to a statement released by ICICI Bank and TMC. The facility, which will be one of India’s largest radiation therapy centers and be furnished with state-of-the-art cancer treatment…
Gold prices hit a new record high on Friday as investors sought safety amid growing worries over the US economy’s credit health and rising trade tensions between Washington and Beijing. Spot gold surged up to 1.2% to $4,379.93 per ounce, pushing its market capitalisation to $30 trillion and setting it on course for the biggest…
