India is reaffirming its dedication to forging long-lasting partnerships with BRICS nations, placing a spotlight on digital infrastructure, space sustainability, and connectivity. This commitment is not just about building technology; it’s about crafting a…
The Mumbai retail landscape is poised for an exciting transformation, with JLL analysts forecasting a vibrant expansion of premium malls packed with new local and global brands—all designed to elevate the shopping journey. Promising Growth on the Horizon As…
India’s life insurance industry is experiencing quite the twist, as it reported a year-on-year premium growth of 12.7% in May, bringing the total premiums to a substantial Rs30,463.2 crore. This surge is a welcome improvement from April’s 8.4% growth,…
In a strategic move to reduce dependency on China amid escalating U.S. tariffs, Shein and Reliance Retail are set to ramp up their Indian supplier network from 150 to a remarkable 1,000 within just a year. This ambitious expansion plan, as reported by…
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 …
In a written response to the Rajya Sabha, Baghel stated that the Department of Telecommunications (DoT) is implementing the project in phases to ensure broadband connectivity reaches all Gram Panchayats nationwide. The BharatNet infrastructure is classified…
Jio’s commitment to providing affordable, high-speed internet across the country is at the heart of this collaboration. “Ensuring that every Indian, regardless of location, has access to seamless broadband remains Jio’s top priority. Our collaboration with…
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…
The announcement, made in accordance with the recent U.S.-India joint leaders’ statement, highlights Meta’s focus on India’s expanding digital ecosystem. The undersea network will play a crucial role in global internet connectivity, linking countries and…
Senior Research Analyst at Counterpoint Research, Prachir Singh, remarked on the overall market dynamics, noting that 5G handset shipments have been consistently increasing. He highlighted that the rise in availability of budget-friendly 5G handsets has led…
An Indian antitrust investigation has found US e-commerce giant Amazon and Walmart’s Flipkart violated local competition laws by giving preference to select sellers on their shopping websites, according to reports seen by Reuters. The Competition Commission…
Indonesian coffee chain Kopi Kenangan – also known as Kenangan Coffee – is expanding its global footprint, beginning with the launch of its first stores in India and the Philippines. The company will open its first Philippine store in October at SM Mall of…
Tata Group’s jewellery brand Tanishq has increased its presence in Chicago by opening a store at 4300 East New York Street. The Chicago store will feature a specialised and exclusive workwear selection targeting the different demands of women on professional…
Myntra has secured a US$54 million investment from parent company Flipkart amid its tough competition with Reliance’s Ajio and Tata Cliq. This is Flipkart’s second investment in Myntra following $105 million in March last year. The new investment came as…
Yum Restaurants India is reported to have sold its 4.4 per cent share in Devyani International for US$105 million. Devyani International, from which Yum Restaurant acquired the stake in 2021, is the main franchisee of Yum Brands in China, operating KFC, Pizza…
Beef and buffalo meat imported from India are being sold for VND60,000-100,000 (US$2.47-4) per kilogram on some online marketplaces in Vietnam, half the price of local beef. According to data from the General Department of Vietnam Customs, Vietnam imports…
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