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Author

Michael Grunwald

Global Editor

Business Profiles

Mukesh Ambani’s Reliance to enter salon business: Report

Michael Grunwald Nov 5, 2022
SYNOPSIS Mukesh Ambani's Reliance's deal for Naturals would come just weeks after it launched its first in-house premium fashion and lifestyle store: Report Reliance Retail, a…
Read More...
Business Profiles

Renault to target $10 billion valuation for its EV business

Michael Grunwald Nov 5, 2022
The company is preparing the EV and software entity for a potential initial public offering on the Euronext Paris exchange sometime next year, said the person, who asked not to be…
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Article

Doing Business redux

Michael Grunwald Nov 5, 2022
World Bank’s revamped business climate report should help investors besides furthering research on the topic After discontinuing its Doing Business indicators in September 2021,…
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America

Amazon freezes corporate hirings amid rough economic conditions

Michael Grunwald Nov 4, 2022
Amazon has announced to freeze new hirings in its corporate workforce, with the global economy "in an uncertain place". Beth Galetti, Amazon's senior vice president of people…
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Singapore

DBS Bank plans to triple gold loan business in five years

Michael Grunwald Nov 4, 2022
It is also planning to launch its own proprietary credit card, scale up tie-ups for bancassurance and increase partnerships with NBFCs for co-lending. Having achieved a…
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Business Profiles

Kalpataru Power rises on winning orders worth Rs 1,290 crore

Michael Grunwald Nov 4, 2022
Kalpataru Power Transmission added 1.18% to Rs 472.05 after the company, along with its international subsidiaries, secured new orders / notification of awards of Rs 1,290 crore.…
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Business Profiles

India ahead of China, Vietnam in cheap manufacturing; ranks no. 1

Michael Grunwald Nov 4, 2022
India, with an overall score of 40.8, ranks 13 in ‘power’ category. Its rankings in entrepreneurship and quality of life are 31 and 38, respectively. In a boost to India's push…
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Business Profiles

Adani Enterprises Q2 net more than doubles; revenue rises threefold

Michael Grunwald Nov 4, 2022
In Q2, integrated resource management, saw revenue growing over three times to Rs 30,435 crore YoY Adani Enterprises’ consolidated net profit for the quarter ended September…
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America

Apple is now valued more than Alphabet, Amazon and Meta combined

Michael Grunwald Nov 4, 2022
Apple's market value is now higher than that of Alphabet, Amazon and Meta combined. The iPhone maker's worth stands at $2.307 trillion, while its tech peers add up to $2.306…
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Social Media

Twitter sued for mass layoffs by Elon Musk without enough notice

Michael Grunwald Nov 4, 2022
Twitter intends to start cutting staff Friday, the company said in an email to employees. Musk plans to get rid of half the workforce Twitter Inc. was sued over Elon Musk’s plan…
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