Business

Galaxy Health Insurance Launches ‘Galaxy Promise’ to Tackle Rising Healthcare Costs

Galaxy Health Insurance has launched its first product, 'Galaxy Promise', offering comprehensive family health coverage with flexible sum insured options ranging from Rs 3 lakh to Rs 1 crore. This product is aimed at providing affordable healthcare solutions amidst rising...

Tata Acquires Majority Stake in Pegatron’s iPhone Plant in Tamil Nadu

Tata Electronics has secured a deal to acquire a 60% stake in Pegatron’s only iPhone plant in India, located in Tamil Nadu. This partnership strengthens Tata's position as a major Apple supplier and marks a significant shift in the geopolitical...

Nvidia and SoftBank Unveil First-Ever AI and 5G Telecom Network

Nvidia and SoftBank Corp have jointly announced the launch of the world’s first AI and 5G-integrated telecom network. This pioneering network, known as 5G AI-RAN, can simultaneously manage AI and 5G operations, transforming conventional base stations into AI-driven computing hubs....

$8.5B Disney-Reliance Merger Completed for Indian Assets

Reliance Industries and Walt Disney have finalized an $8.5 billion merger of their Indian media assets, concluded on 14th November. The merged assets have been reorganized into three distinct divisions, each led by its own CEO, marking a new era...

Tata Power Invests Rs 550 Crore in Renewable Energy for Noida International Airport

Tata Power has partnered with Noida International Airport (NIA) to supply renewable energy, investing Rs 550 crore in solar and wind power capacity development. This strategic move is part of Tata Power’s commitment to building sustainable infrastructure in India’s aviation...

India Becomes Second Largest Smartphone Market by Unit Volume in Q3 2024

India's smartphone market has become the second largest globally by unit volume and third by value in Q3 2024, according to Counterpoint Research. In this period, India accounted for 15.5% of global smartphone shipments, trailing China’s 22% but surpassing the...

IFC Invests $400 Million in Bajaj Finance for Climate and Women Empowerment

The International Finance Corporation (IFC) has announced a strategic partnership with Bajaj Finance Ltd. (BFL), committing $400 million as part of a $1 billion fundraising initiative to enhance access to climate finance in India. This investment is aimed at expanding...

Royal Enfield Launches EV Brand “Flying Flea”

Royal Enfield has recently unveiled its highly anticipated electric vehicle (EV) brand, “Flying Flea”, an homage to one of the brand’s most iconic models. The original Flying Flea was a compact, lightweight motorcycle designed in the 1940s for military use...

BEML Recognized with ‘Self-Certification’ Honor

BEML Limited has been awarded the prestigious "Self-Certification" status for its defense equipment by the Department of Defence Production (DDP) of the Government of India. The certification was presented by RA Govardhana, ADGQA (V&EE), HQ DQAV, to Shantanu Roy, the...

NTPC and ONGC Drive India’s Green Energy Future with New Joint Venture

NTPC Limited and Oil and Natural Gas Corporation (ONGC), two Maharatna public sector giants, have officially launched a 50:50 Joint Venture Company (JVC) through their green energy subsidiaries – NTPC Green Energy Ltd. (NGEL) and ONGC Green Energy Ltd. (OGL)....