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.
Did you know that solar energy supplies around 2.8% of the electricity produced in the United States? Going solar is all the rage across the country, but you don’t want to end up with a cheap system or installation. The biggest investment that you’ll make in your home is the initial installation of solar energy.
Planters’ body Indian Tea Association (ITA) said climate change is threatening the tea industry globally, resulting in lower yields and higher production costs. Climate change also threatening the long-term viability of the tea industry, causing pest infestations that make pesticide residue management a major issue. According to ITA, the industry must adopt a multifaceted approach
As the new fiscal year approaches, the auto industry is gearing up for another price hike due to stricter emissions standards. Typically, automakers increase vehicle prices starting on April 1. This time, high inflation and regulatory requirements are driving up prices. Several automakers have raised their vehicle prices to comply with new environmental regulations, including
With the growing order book of aircraft original equipment manufacturers, Boeing has said India may need more than 31,000 pilots and some 26,000 mechanics in the next 20 years. Salil Gupte, President of Boeing India, said that the South Asian region will continue to grow the fastest in the next 20 years on the sidelines
On Wednesday, IFC announced that it will invest Rs 600 crore in a new last-mile mobility (LMM) company, a subsidiary of Mahindra & Mahindra that will be newly incorporated (NewCo). As IFC’s first investment in an EV manufacturer, and the first in electric three-wheelers globally, it will be in the form of compulsory convertible instruments
The Adani Group has taken action to suspend work on a Rs 34,900 crore petrochemical project at Mundra in Gujarat. Sources reported that this move is to focus resources to consolidate operations and address investor concerns stemming from a damning report by a US-based short seller. Earlier this year, the group’s main company Adani Enterprises
In its first annual earnings since parent Volkswagen took the sports-car maker public last year, Porsche unveiled plans to launch a new electric SUV. According to the German company – Porsche, the new luxury SUV will be a cornerstone of its plan to boost profitability by focusing more on high-end automotive buyers. Porsche has always
A $43 billion deal has been reached between Pfizer and Seagen. The Wall Street Journal reported that Pfizer has agreed to pay USD 43 billion for biotech Seagen and its pioneering cancer drugs. In the deal, Pfizer will pay USD 229 in cash per share, according to the drugmaker. The deal, which includes debt, is
During the next two decades, India will contribute more than a fifth of incremental global chemical consumption, according to a report by McKinsey, as domestic demand is expected to reach USD 1,000 billion by 2040. According to McKinsey’s report titled ‘India: The next chemicals manufacturing hub’, the country’s chemical industry has outperformed global peers when
Mumbai, March 9, 2023: For 2023, GfK forecasts a stabilization of the global market and takes a closer look on the Indian Telecom market. “According to GfK Market Intelligence for Offline Retail Sales Tracking, while the global Telecom market closed 2022 with a 9.7 percent decline in revenue compared to the previous year, India was
