India has solidified its position as the world’s second-largest 5G subscriber market, just after China. This achievement highlights the nation’s speedy embrace of next-generation connectivity and one of the fastest global network rollouts, as stated by the…
Swedish furniture behemoth Ikea is set to intensify its commitment to India, with plans to double its current investment to over 200 billion rupees, or approximately US$2.2 billion, within the next five years. Expanding Physical and Online Footprint In order…
Private equity firm Everstone is set to sell its entire stake, amounting to 11.26 per cent, in Restaurant Brands Asia, a franchisee operating in India and Indonesia for fast-food giant Burger King. Those familiar with the matter have confirmed that the deal…
HSBC Private Bank, the private banking division of HSBC, has recently announced several significant leadership appointments across its Asian operations, with a particular focus on the India and China markets. Focus on India The global India team has welcomed…
In a significant move within India’s quick-service restaurant (QSR) industry, Devyani International and Sapphire Foods India, two of the nation’s largest franchise operators for KFC and Pizza Hut, have agreed to join forces. The merger, approved by parent…
Sapphire Foods and Devyani International, the operators for KFC and Pizza Hut in India, announced plans to merge in a transaction valued at $934 million. This move will create a major fast-food enterprise in India, the world’s most populated nation. The…
The Department of Telecommunications (DoT) in India has formally introduced its National Frequency Allocation Plan 2025 (NFAP-2025), though it has encountered opposition from mobile operators who opine it does not sufficiently address the nation’s future…
Microsoft has pledged to invest a staggering USD 17.5 billion in India’s cloud and artificial intelligence (AI) infrastructure, which is its most significant financial commitment in Asia thus far. The investment, scheduled across four years from 2026 to 2029,…
In a collaborative effort to enhance safety and enrich the travel experience along National Highways, the National Highways Authority of India (NHAI) has partnered with Reliance Jio to launch a telecom-based alert system. This system will provide motorists…
Reliance Retail Ventures (RRVL), the parent company of Reliance Retail, has just announced the appointment of Jeyandran Venugopal as its new President and CEO. Venugopal is a former executive of Flipkart, bringing with him over 25 years of global leadership…
In a bid to enhance digital security due to increasing episodes of online fraud and mobile-related cybercrime, India has released two key directives. These new rules demand compliance from Over The Top (OTT) communication platforms and smartphone…
E-commerce heavyweights, Amazon and Flipkart, are planning to venture into the financial services sector in India, by offering loans and buy-now, pay-later (BNPL) options. This strategic move is poised to challenge the traditional banking sector. Amazon’s…
Japanese-themed full-service café chains are accelerating their proliferation across India and Southeast Asia. They are banking on the allure of their high-end atmosphere and Japan-centric menus to the emerging middle and upper-class consumers in these…
DHL Group, a world-renowned logistics company, has shared its ambitious plans to invest approximately EUR 1 billion across various business sectors in India by 2030. This hefty investment highlights DHL’s confidence in India’s potential for growth and aligns…
Armani Beauty has recently unveiled a flagship store in Mumbai’s Phoenix Palladium Mall. This grand opening coincides with the brand’s debut Diwali campaign in India, marking the luxury beauty brand’s retail expansion within the nation during the festive…
Sugarloaf TGIF Management, the parent company of TGI Fridays, has entered into a master franchise agreement with USR Hospitality, an Indian corporation. The intention is to open 51 TGI Fridays restaurants throughout India. Key Personnel John Neitzel, former…
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