Economic Times
SpiceJet is experiencing financial turbulence attributed to the pandemic, rising fuel prices, and the global grounding of Boeing 737 Max aircraft. The
Novo Nordisk's launch of weight-loss and diabetes drugs Wegovy and Ozempic in India hinges on resolving supply issues. The company is scaling up produ
The Multilateral Investment Guarantee Agency (MIGA) and the International Solar Alliance (ISA) have launched a fund to support solar projects. The MIG
The International Solar Festival 2024 in New Delhi showcases a solar-powered city, virtual-reality experiences, and innovative solar technologies. Hig
Strides Pharma Science Ltd announced that its subsidiary has received approval from the USFDA for its generic version of Theophylline extended-release
Tamil Nadu Chief Minister MK Stalin announced that the state has secured MoUs worth Rs 850 crores with US-based companies Lincoln Electric, Vishay Pre
Diageo Plc's global CEO Debra Crew highlights India as the company's top growth priority, driven by younger women increasingly consuming premium spiri
The Maharashtra cabinet has approved a $10-billion investment by a Tower Semiconductor-Adani Group joint venture to establish a semiconductor chip man
The Indian Premier League (IPL) franchises more than doubled their revenues for the year ended March 2024, thanks to increased share from the league
Luxury car buyers in India are adopting fully electric models faster than mass market consumers, prompting manufacturers to expand their EV portfolios
India has begun producing clavulanic acid, a key ingredient in the antibiotic Augmentin, reducing its reliance on China for APIs. Mumbai-based Kinvan
The Insurance Regulatory and Development Authority of India (IRDAI) has introduced new rules for life and health insurance premiums. Insurers can no l
Road transport and highway minister Nitin Gadkari announced that subsidies for electric vehicle makers are no longer necessary as production costs hav
Kotak Mutual Fund CEO Nilesh Shah suggests that bank deposits could grow faster if the government parks short-term funds with commercial banks instead
When Reliance Industries launched its telecom services under the Jio brand in September 2016, it disrupted the market by offering free voice and data
Retail sales of passenger and commercial vehicles in India declined in August due to excessive rainfall affecting consumer sentiment and economic acti
Colgate-Palmolive's global CEO, Noel Wallace, admitted that the company had become sidetracked by focusing on the Ayurvedic segment in India, but has
DHL eCommerce plans to boost its operations in India by 2030 with a ₹250-million investment. This includes expanding its aircraft fleet, opening two
Unilever's global CEO, Hein Schumacher, acknowledged that while Hindustan Unilever (HUL) leads in 85% of its categories in India, the company's high m
The EMI-to-monthly income ratio in India has also risen from 46% in 2020 to 61% in 2024, indicating a growing burden of EMIs on home buyers and reflec
