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Company Announcements
Samsung to manufacture premium Galaxy S23 smartphones in India
Korean smart devices maker Samsung on Thursday said it will manufacture its premium Galaxy S23 smartphones in India to cater to local market requirements.
The launch price of…
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Adani affair is a test for India Inc
Allegations from a New York financial firm have knocked $70bn off companies’ values
Gautam Adani has become one of India’s most visible tycoons, the rise of his business empire…
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India M&A deal size hit record levels, up 139%: Bain & Co
Synopsis
India’s conglomerates are making bets on new growth engines and future profit pools that offer higher multiples than their traditional businesses through scope deals.…
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AXA XL bolsters APAC and Europe business with appointment
AXA XL Insurance has appointed Marine Charbonnier (pictured above) as head of captives and facultative underwriting, APAC and Europe.
Charbonnier will lead AXA XL’s captive…
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Welspun India inks partnership with Disney for UK and Europe
Welspun India said that it has signed a brand licensing agreement with The Walt Disney Company for the Europe, Middle East, and Africa (EMEA) region.
The license will give…
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Essar Group looks to re-enter steel business with NMDC bid
This newspaper had reported last week that Tata Steel, Jindal Steel and Power (JSPL), JSW, Vedanta and Tata Steel have submitted their EoIs.
NEW DELHI: Essar Group is trying to…
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AWS reports Rs 745 cr revenue opportunity for businesses harnessing data
Organisations in India that harness the power of data can potentially grow their annual business revenue by 13.6% on an average, which is equivalent to up to Rs 745.1 cr in…
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Manu Jain, Xiaomi exec who set up and scaled India business, leaves
Manu Jain, the executive who helped Xiaomi set up and scale business in India, has left the company, he said Monday, joining a long list of high-profile departures at the local…
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Ananya, Aryaman inducted into Aditya Birla Fashion board
SYNOPSIS
Ananya Birla and Aryaman Vikram Biral, children of billionaire Kumar Mangalam Birla, were inducted as directors of Adiya Birla Fashion and Retail on Monday
Ananya…
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After Pathaan’s strong run, INOX Leisure expects turnaround in business going forward
The multiplex operator reported its December quarter results which saw recovery after a dismal Q2 in FY23.
Multiplex operator INOX Leisure is betting big on Shah Rukh…
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