Nestlé India is placing its future growth bets on rural and semi-urban markets, where rising aspirations and evolving consumption patterns are expected to drive the next phase of demand, according to Chairman and Managing Director Manish Tiwary. Speaking at the company’s 67th Annual General Meeting, Tiwary said India represents a market of immense opportunity, with…
In a monumental development for India’s metals and mining sector, the Adani Group and Abu Dhabi’s International Holding Company (IHC) have officially joined forces. The two economic heavyweights signed a Memorandum of Understanding with the state government of Odisha to establish a massive, integrated greenfield aluminium project. Valued at $11.5 billion—or approximately ₹1.08 lakh crore—the…
TVS Motor Company retained its leadership in India’s electric two-wheeler market in June, as total vehicle registrations crossed 1.81 lakh units, reflecting sustained consumer demand for electric mobility. The company emerged as the top performer during the month, maintaining its lead over key competitors amid growing adoption of electric scooters across the country. Industry data…
Patients requiring advanced kidney treatment in Assam and the Northeast could benefit from stronger medical expertise as CK Birla Hospitals, CMRI, in partnership with the Government of Assam, organised an exclusive Continuing Medical Education (CME) programme on renal transplantation in Guwahati. The initiative was aimed at equipping healthcare professionals with the latest knowledge and techniques…
WhatsApp has begun rolling out username reservations, introducing a new feature that will allow users to connect without sharing their phone numbers. While the full username system is not yet live, eligible users in select regions can now reserve unique usernames ahead of a wider global rollout expected later this year. Under the upcoming system,…
ICICI Prudential Mutual Fund has launched a new open-ended fund of funds (FoF) scheme that will provide investors exposure to equity, debt, gold and silver through a single investment product. The ICICI Prudential Multi-Asset Active FoF will open for subscription on June 30 and will close on July 14. The scheme aims to offer dynamic…
Trinity Business Park has announced the launch of a large-scale integrated commercial development in North Guwahati, a project expected to become one of the largest organised business ecosystems in Northeast India.Spread across 16 acres in Amingaon and offering more than 3 million sq. ft. of planned built-up space, the development will combine retail, office, hospitality…
A moderate earthquake measuring magnitude 5.5 struck parts of Pakistan, prompting brief panic among residents but causing no immediate reports of casualties or structural damage, according to initial assessments by local authorities and seismological monitoring agencies. The tremor was felt across several regions, with residents in affected areas rushing outdoors as buildings shook for several…
JPMorgan Chase has named two new co-presidents as part of a broader leadership restructuring that signals intensified succession planning for long-time Chief Executive Jamie Dimon. The appointments are widely seen as a key step in preparing for a potential future transition at the helm of the largest US bank, even as Dimon continues to lead…
Fraudster diamond merchant Nirav Modi will have to pay ₹108 crore to Bank of India, a public sector banking institution of the country. The London High Court delivered this ruling in a case involving a personal loan guarantee and the applicable interest rate provided for the Dubai-based company ‘Firestar Diamond’. The fraudster, who has been…
