India is poised to become a $10 trillion economy within the next decade, with Global Capability Centres (GCCs) expected to contribute nearly $0.5 trillion to the country’s GDP, signalling the rapid transformation of India into a hub for global innovation, operations, and technology services. India’s projected economic trajectory According to industry experts and economic think…
Skoda Auto India has reached a significant milestone by expanding its network to 300 customer touchpoints across the country. This strategic achievement underlines the brand’s ambitious India 2.0 growth plan, which aims to strengthen its presence in both metro and emerging markets, enhancing accessibility and service standards for its expanding customer base. Expanding footprint to…
Siemens Limited has secured two significant orders worth ₹773 crore to provide cutting-edge signalling and telecommunication technologies for the Nagpur Metro Rail project. This milestone contract reinforces the German engineering giant’s commitment to bolstering India’s urban mobility infrastructure with global standards of safety, efficiency, and digital innovation. Details of Siemens’ New Orders The orders, awarded…
Indian Renewable Energy Development Agency Ltd (IREDA), a leading public sector undertaking under the Ministry of New and Renewable Energy, witnessed a strong surge in its stock price today after receiving government approval to raise funds through capital gains bonds under Section 54EC of the Income Tax Act. This strategic move is expected to augment…
Aayush Wellness Ltd, a prominent player in India’s growing wellness and healthcare sector, witnessed its stock hit the upper circuit limit on the bourses today following the board’s approval to launch a new innovative healthcare product. The development triggered immense buying interest among retail and institutional investors, cementing the stock’s status as a multibagger and…
Manipal Group, one of India’s most respected healthcare and education conglomerates, is poised for strategic growth by prioritising sectors and geographies where demand structurally outpaces supply. In an exclusive leadership interaction, the group’s Chief Executive Officer (CEO) outlined the strategic blueprint aimed at expanding Manipal’s footprint in hospitals, diagnostics, and allied services while doubling down…
In a significant strategic realignment, Indian pharmaceutical major Wockhardt has announced its exit from the US generics market, marking an end to its long and challenging journey in the world’s largest pharmaceutical space. The decision aligns with the company’s renewed focus on sterile injectables, high-value speciality products, and global partnerships in Europe, India, and emerging…
In a move that could reshape the global food and beverage landscape, Kraft Heinz has announced its decision to split into two independent publicly traded companies. The landmark $20 billion breakup seeks to unlock shareholder value, enable strategic focus, and revitalise growth amid shifting consumer trends and intense competition. What Did Kraft Heinz Announce? Kraft…
Reliance Infrastructure Limited (RInfra), a flagship company of the Anil Ambani-led Reliance Group, has received a significant three-notch credit rating upgrade following substantial debt reduction measures. This development signals a promising turnaround for the infrastructure conglomerate, enabling enhanced financial stability, potential project expansions, and better market confidence. The Credit Rating Upgrade Explained The credit rating…
In a strategic move aimed at transforming India’s fragmented home décor market, Bengaluru-based startup Vaaree has raised $4.6 million (approximately ₹38.4 crore) in a fresh funding round. The round was led by Surge Ventures, Sequoia Capital India’s rapid scale-up program, alongside participation from Peak XV Partners, existing investors, and prominent angel investors from the lifestyle…
