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Business

It is a business category which contains all business related news from different industries like E-commerce, media, and entertainment, automobile, energy, food and agriculture, Logistic and transportation, pharma, Oil and gas, and, retail.

Retail

Despite marginal ARPU increases, Reliance Jio’s Q4 net profit increased 1.7% sequentially to $4,716 crore

According to Reliance Jio on Friday, its March-quarter net profit increased 1.7% sequentially to 4,716 crore from 4,638 crore in the December quarter. On an annual basis, its profit grew by 13%. On a yearly basis, revenue increased 12% to 23,394 crore, up from 22,998 crore in the previous quarter. On a sequential basis, revenue

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Ecommerce

The Risks Of Online Shopping For Aging Parents

With an elderly parent who has memory problems, or who is a little confused, online shopping can become a trap for them. Occasionally, purchases don’t go as planned. A senior may lack the capacity to handle such situations, including difficult return instructions, or dealing with scammers attempting to take advantage of them. They may also

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Pharma & Healthcare

It is expected that Mankind Pharma will open its IPO next week, on April 25, for a total of Rs 4,326 crore

Despite an uncertain macroeconomic environment, condom manufacturer Mankind Pharma is planning to open its IPO on April 25 and close it on April 27. There is an IPO price range of $1,026 – $1,080 per share. The company’s shares are currently commanding a huge grey market premium, or GMP, of $100 per share. Before they

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Business

Crisil predicts paint companies will grow their revenue by 10-12% this fiscal year

Based on a report, the paint industry is expected to grow its revenues by 10-12 percent this fiscal against an 18% increase in the just-concluded fiscal, as construction, real estate and automobiles continue to generate strong demand. Crisil said in a report on Wednesday that paint companies will maintain healthy balance sheets despite the rising

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Energy

The Benefits of Solar Power in Rural Communities: A Guide

Access to electricity is often limited and prohibitively expensive in rural areas across the world. Solar power, in this context, has the potential to provide a cheaper and cleaner source of energy in these areas.   One major advantage of solar power in rural areas is its increased availability since these regions lack access to

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Media & Entertainment

Breaking Barriers: Diljit Dosanjh Becomes First Punjabi Artist to Perform at Coachella

In addition to Tomorrowland, Lollapalooza, and others, Coachella in California, USA is undoubtedly one of the world’s biggest music festivals. Diljit Dosanjh was the first Punjabi artist and the second Indian artist to ever appear at the festival in its latest edition. Having started his musical journey at Kirtans (a religious gathering), Dosanjh has earned

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Automobile

Hyundai Sets Sights on EV Future with $18 Billion Investment Plan

Hyundai Motor Group, led by billionaire Euisun Chung, announced on Tuesday that it will plan to spend $18 billion on its domestic EV manufacturing business. Hyundai will plan to expand domestic EV production to 1.51 million units by 2030, and global EV production to 3.64 million units by 2030, including Hyundai Motor, sister company Kia

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Foods & Agricultural

Indonesian coffee makes a hit in Chinese market

HAIKOU/JAKARTA, April 13 (Xinhua) — At the ongoing third China International Consumer Products Expo held in Haikou, capital city of south China’s island province of Hainan, Kapal Api coffee from Indonesian has been popular with Chinese consumers. During the company’s debut at the Hainan expo, it is like a holiday hustle and bustle in its

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Business

Metastable Materials secures seed funding from Sequoia India’s Surge

A startup that recycles lithium-ion batteries with advanced technology has secured seed funding led by Surge, Sequoia Capital India, and Southeast Asia’s rapid scale-up programme. Speciale Invest, Theia Ventures, and several other individual investors also participated in the funding round. The amount raised was not disclosed. The demand for lithium-ion batteries is increasing rapidly, resulting

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Pharma & Healthcare

Covid-19 vaccine efficacy can be affected by air pollution: Study

A study suggests that people exposed to high levels of air pollution before the pandemic have lower antibody responses to Covid-19 vaccine. According to researchers from the Barcelona Institute for Global Health (ISGlobal) and the German Trias i Pujol Research Institute (IGTP) in Spain, exposure to fine particulates (PM2.5), nitrogen dioxide (NO2), and blank carbon

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