Jio-bp, a joint venture between Reliance Industries and global energy major bp, aims to expand its retail infrastructure while enhancing customer experience to strengthen its presence in the downstream market. The company aims at expanding its electric vehicle charging stations to 100,000 in the next 10-12 years in line with the government’s push to support
In a coup of sorts, Reliance Industries Limited (RIL) has broken into the No. 2 spot in the FutureBrand Index 2024, surpassing global technology giant Apple. This is the first time an Indian company appears among the top three of the Index, which evaluates companies based on brand perception rather than financial performance. ALSO READZomato
The labour strike at Samsung’s Sriperumbudur plant in Chennai is set to escalate further, spreading to nearby industrial hubs as the Centre of Indian Trade Unions (CITU) announces fresh protests on February 20 and 21. The Samsung India Workers’ Union (SIWU), backed by CITU, will hold another round of talks with Samsung management in the
Zomato has launched a cutting-edge, AI-driven, no-code customer support platform, Nugget, that is designed to streamline and automate customer query management. The announcement was made by Zomato CEO Deepinder Goyal on Monday in a post on X. SingTel planning to sell shares worth Rs 8,500 crore in Bharti Airtel: Reports In his post, Goyal emphasized
Singapore Telecommunications Ltd (SingTel) is planning to sell another tranche of stakes in Bharti Airtel through a block deal, stated a report by CNBC Awaaz on Monday citing sources. Per the report, SingTel is expected to sell shares worth $1 billion of Rs 8500 crore. While there was no official statement from SingTel, sources maintained
The hospitality industry is expected to grow by 7-9 per cent in FY25 and 6-8 per cent in FY26, over the high base of FY24, stated a report by ICRA. Further, pan-India premium hotel occupancy is estimated to improve to approximately 72-74 per cent in FY26 from around 70-72 per cent in FY25. The average
– By Anshul Garg As one of the world’s largest agri-economy, reducing trade deficits with era-appropriate measures has recently been one of India’s driving principles. With the objective of presenting India as one of the world’s food baskets, ensuring food security and penetrating new markets to sustain the push to profitability — the country has
Prime Minister Narendra Modi and US President Donald Trump met earlier last week in the White House amid tensions surrounding the US announcement of imposition of reciprocal tariff on trade partner countries to address “longstanding imbalances”. Per Nomura, the outcome of the bilateral meeting was in line with expectations, with near-term trade frictions likely to
Adani Energy Solutions (AESL), part of Adani Group, on Friday said it has won a power transmission project in Gujarat. AESL won the project under the tariff-based competitive bidding (TBCB) mechanism and PFC Consulting was the bid process coordinator. The project SPV was formally transferred to AESL on March 20, 2025. This is AESL’s sixth
After multiple quarters of weak sales, quick-service restaurants (QSRs) may see a turnaround in FY26, led by an urban recovery, sector experts and top executives said. The fiscal stimulus measures announced in the recent Budget, focus on value meals and a strategy of not taking price hikes are likely to be contributors to growth in
Engineering and construction major Larsen & Toubro on Friday said it has elevated Subramanian Sarma as deputy managing director and president. He is wholetime director and president, energy now. The company said the elevation will come into effect from April 2, 2025. The board has also decided to extend his term to February 3, 2028
The Indian benchmark indices outperformed their global peers on Friday, recording gains even as most equity markets worldwide traded lower. The Sensex climbed 557.45 points or 0.73% to close at 76,905.51, while the Nifty rose 159.75 points or 0.69%, ending the day at 23,350.40. Both indices recorded gains for the fifth consecutive session. ALSO READFabulous
SEBI whole time member Ananth Narayan on Friday said unregistered investment advisors/research analysts are a “menace” who are cashing in on the rising interest in investments. Since October 2024, SEBI has worked with social media companies to bring down over 70,000 misleading handles/posts, Narayan said at an event organised by the Association of Registered Investment
