SS Beauty, a division of Shoppers Stop, has introduced Giorgio Armani products in India through a distribution partnership with Global SS Beauty Brands. Initially focusing on fragrances, the launch will expand to include Armani’s makeup line within two months. Over the next four months, Global Continue Reading
Business
Jupiter Electric Mobility Pvt. Ltd., a subsidiary of Jupiter Wagons Limited, in collaboration with Log9 Materials, has secured a contract from Siemens to supply Lithium-Ion Phosphate (LFP) batteries for the Vande Bharat trainsets. Specifically, they will provide 36 auxiliary batteries, each with a capacity of 72.8 kWh, for nine trainsets. These 72.8 kWh LFP battery […]Continue Reading
Mahindra & Mahindra (M&M), with a market capitalization of $44.2 billion, stands as India’s second-largest automaker and ranks among the top 15 globally. Tesla Inc leads with a market cap of approximately $600 billion, followed by Toyota Motor Corporation at $306 billion, and BYD Company from China at $97 billion, focusing on electric vehicles (EVs). […]Continue Reading
The VPN IBE (FMB Awards), organized by Pegasus Group in collaboration with Manappuram Finance Ltd, celebrated exceptional achievements in the fields of cinema, business, and media on June 9th at Le Meridien Kochi. The event was a grand success, recognizing and honoring distinguished individuals who have made significant contributions to their respective fields. The Continue Reading
Dr. Hafeez Rahman, Chairman of Sunrise Hospitals, will be honored with the prestigious 15th Manappuram Multibillionaire Business Achiever (MBA) Award. The award ceremony is set to take place at the Le Meridien Hotel in Kochi on June 9th. With this accolade, Dr. Hafeez Rahman will join the exclusive Federal International Chamber Forum (FICF), the world’s […]Continue Reading
The VPN IBE (FMB Awards), organized by the Pegasus Group in association with Manappuram Finance Ltd, has announced its 2024 awardees. The honors go to notable figures in cinema, business, and media, recognizing their significant contributions and achievements in their respective fields. This year’s distinguished recipients are Balachandra Menon for Film, Johny Lukose Continue Reading
Air India announced annual salary increases for its staff on Thursday, along with the introduction of a yearly target performance bonus for pilots, according to sources. This marks the first appraisal process since the Tata Group took over the struggling airline over two years ago. Ravindra Kumar GP, Air India’s CHRO, revealed that salary increments […]Continue Reading
The Maldives is gearing up to introduce India’s RuPay service, with Minister of Economic Development and Trade Mohamed Saeed highlighting its potential to strengthen the Maldivian currency, the Rufiyaa. The move aligns with the government’s focus on reinforcing the Rufiyaa and reducing reliance on the US dollar. Although no specific launch date has been Continue Reading
HCLTech Ltd announced its plan to acquire Communications Technology Group (CTG) assets from Hewlett Packard Enterprise (HPE) for $225 million (approximately ₹1,874 crore) in an all-cash transaction. As part of this deal, about 1,500 CTG employees with expertise in the telecom sector will transition to HCLTech across various countries, including Spain, Italy, India, Japan, Continue Reading
Abu Dhabi-based Lulu Group International, one of the largest retailers known for its shopping malls, hypermarkets, and food processing centers, announced on May 22 its plan to establish a facility in Amritsar, Punjab. This expansion aims to bolster its logistics and food processing capabilities across India. The new Amritsar facility is expected to enhance the […]Continue Reading