In the first half of 2026, Vietnam saw diamond imports totalling an estimated US$121.5 million. Of this figure, India emerged as the main supplier, accounting for approximately 52% of the total imports, around $63.2 million. This figure is a significant…
Air India has reported an annual deficit surpassing INR220 billion ($2.4 billion), a more substantial loss than initially anticipated. This unexpected financial setback has led the airline to seek monetary aid from its stakeholders. Fiscal Losses and…
Lawson, a convenience store chain co-owned by Mitsubishi Corp and KDDI, has announced its ambitious expansion plan into India. The company aims to establish a network of 10,000 stores across the country by 2050. This strategic shift towards India is driven by…
Shifting consumer habits and an evolving retail landscape are pushing brands to rethink their strategies in Asia, particularly in the wake of a retail renaissance fueled by innovation and adaptability. As global giants and local players navigate an…
In a significant move to bolster its presence in Asia, American retail giant Walmart has announced plans to expand its operations in India, aiming to capture a larger share of the country’s burgeoning e-commerce market. This strategic decision comes amid…
American multinational corporations, including household names such as McDonald’s, Coca-Cola, Amazon, and Apple, are feeling the pressure of increasing calls for boycotts in India. This sentiment has been fueled by business leaders and supporters of Prime…
The coal mining landscape is gearing up for a significant shift as developers in 30 countries, particularly China and India, prepare to expand their production capacity despite an impending decline at newly operating mines in 2024. This ambitious initiative…
Walmart’s presence in Asia is a key part of its global growth strategy. The retail giant has established a significant presence across the region, with hundreds of stores spanning from China to India …
Unilever’s newly-appointed CEO Fernando Fernandez has voiced optimism about the Indian market, believing in its long-term growth potential despite quarterly revenue shortfall. In an interview with Barclays earlier this month, Fernandez highlighted the brand’s…
Regis Corporation is set to bring its hair salon chain Supercuts to the Indian market via a master franchise agreement with Ravissant Style Private Limited, a subsidiary of Ravishing Style. Ravishing Style, an existing franchisee of Supercuts locations in the…
AirAsia India will begin operating flights to Sharjah on behalf of Air India Express on August 28. This follows the carrier beginning to operate codeshare flights on Air India’s behalf earlier this month. According to ch-aviation schedules data, from August…
AirAsia Aviation Group’s medium-haul affiliate airline, AirAsia X, continues to expand its network with renewed direct services from Kuala Lumpur to Amritsar in Northern India. Its chief executive officer, Benyamin Ismail said the restart of the route is part…
AIX Connect, a subsidiary of Air India, announced the launch of daily direct flights connecting Surat, Gujarat with Bengaluru, Delhi, and Kolkata, and connecting itineraries to Bhubaneswar, Kochi, Guwahati, Goa, Hyderabad, Ranchi, Bagdogra, Lucknow, Chennai,…
India has received 34 million barrels of discounted Russian oil since Moscow invaded Ukraine on Feb. 24, according to Refinitiv Eikon data, more than trebling the value of total imports from Russia, including other products, compared with the same period of…
AirAsia India has unveiled its new ancillary service, ‘FlyAhead’. With the ‘FlyAhead’ service, guests wishing to take an earlier flight will be able to seamlessly opt for this facility. The ‘FlyAhead’ service has been launched for a nominal fee of INR 1,500…
Vedanta Chairman Anil Agarwal on Tuesday said India is on the path of encouraging ease of doing business and stressed that the government is production-minded and not revenue-minded. In a tweet, Agarwal said trust, talent, and technology are the cornerstones…
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