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Business Profiles

Essar Group looks to re-enter steel business with NMDC bid

Michael Grunwald Jan 31, 2023
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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Make in India

Budget 2023: Tour operators in Himachal demand packages to revive industry

Michael Grunwald Jan 31, 2023
Travel agents and transporters said they were expecting low-interest rates on loans for tourism business The stakeholders in the tourism business in Himachal Pradesh are…
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Business Profiles

AWS reports Rs 745 cr revenue opportunity for businesses harnessing data

Michael Grunwald Jan 31, 2023
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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Business Profiles

Manu Jain, Xiaomi exec who set up and scaled India business, leaves

Michael Grunwald Jan 31, 2023
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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Information

6 Business Lessons Everyone Can Learn From The Sharks of Shark Tank India

Michael Grunwald Jan 31, 2023
No matter what the outcome of a pitch is, every start up leaves having learned valuable lessons from the Sharks. A little over a year ago when Shark Tank first premiered on…
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china

Chinese business activity rebounds in January after COVID pivot – PMI

Michael Grunwald Jan 31, 2023
By Ambar Warrick Chinese business activity grew past expectations in January, government data showed on Tuesday, as the recent relaxing of anti-COVID measures and the Lunar New…
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Business Profiles

Ananya, Aryaman inducted into Aditya Birla Fashion board

Michael Grunwald Jan 31, 2023
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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Company Announcements

After Pathaan’s strong run, INOX Leisure expects turnaround in business going forward

Michael Grunwald Jan 31, 2023
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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Payments

Scaling up. Mobikwik looks to expand merchant business, sets eyes on full-year PAT for FY24

Michael Grunwald Jan 31, 2023
After its IPO approval lapsed in November 2022, Mobikwik is now looking to reapply for an IPO in H2FY24, albeit with better financials and market conditions Mobikwik is looking…
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UAE

ADNOC eyes valuation of at least $50 bln for its gas business: sources

Michael Grunwald Jan 30, 2023
ADNOC is eyeing a valuation of at least $50 billion for ADNOC Gas, though deliberations over valuations have not finalised and the company is yet to determine the size of the…
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