Business

JK Lakshmi Cement and Rohit Sharma Celebrate Five Years of Association

The partnership between JK Lakshmi Cement (JKLC) and Indian cricket team captain Rohit Sharma enters its fifth consecutive year. Known for his cricketing excellence and leadership, Sharma’s association has strengthened the brand’s image and helped JKLC connect with a wider...

India Becomes 6th Largest Market in MSCI ACWI

India has now become the sixth largest market in the MSCI All Country World Investable Market Index (ACWI IMI), surpassing China and narrowly behind France. As of August 2024, India’s weight in the index stands at 2.35%, surpassing China’s 2.24%,...

India’s Exports Shrink 9.3% in August, Trade Deficit at 10-Month High

India’s exports fell 9.3% in August to $34.7 billion, with the trade deficit hitting a 10-month high of $29.7 billion as imports surged to $64.4 billion. Factors such as softening oil prices, reduced demand from China, and global recession contributed...

India to Partner with European Hydrogen Week 2024

India has been announced as the exclusive partner for the European Hydrogen Week, set to take place in November 2024. This announcement was made on the second day of the International Conference on Green Hydrogen (ICGH-2024), held at Bharat Mandapam,...

Lockheed Martin and Tata Systems Partner for C-130J Expansion in India

On September 10, 2024, Lockheed Martin and Tata Advanced Systems Limited (TASL) announced a significant collaboration to enhance the C-130J Super Hercules program in India. This partnership aims to establish a Maintenance, Repair, and Overhaul (MRO) facility in India to...

CCI approved merger of Tata Motor Finance into Tata Capital

The Competition Commission of India (CCI) has cleared the proposal of India’s giant business group Tata Motors Finance Limited merger into the Tata Capital Limited marking a significant consolidation into Tata group financial services. The merger will be carried out...

CDSL Secures SEBI Approval for Nehal Vora’s Appointment as MD & CEO

In a significant development for the Indian financial markets, Central Depository Services (India) Limited (CDSL) has announced a crucial step in its leadership transition. The company has received the green light from the Securities and Exchange Board of India (SEBI)...

Kotak General Insurance rebrands As Zurich Kotak General Insurance

In a significant development for India's insurance sector, Kotak General Insurance has undergone a transformative rebranding, emerging as Zurich Kotak General Insurance. This change comes on the heels of a major acquisition that sees the global insurance giant, Zurich Insurance...

Tamil Nadu’s Rising Fintech Paysharp Secures RBI Authorization

In a significant development for India's fintech landscape, Paysharp, an emerging startup from Tamil Nadu, has achieved a major milestone. On August 30, 2024, the Reserve Bank of India (RBI) granted Paysharp its final authorization, cementing the company's position in...

Star Health’s Introducing Braille Insurance Policies for the Visually Impaired

Star Health and Allied Insurance, a prominent health insurance provider in India, has taken a groundbreaking step towards inclusivity by introducing an insurance policy in Braille. This initiative marks a significant milestone in empowering visually impaired individuals, allowing them to...