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Tesla to set up factory in India within 2 yrs; start EV imports next year

Unique Times November 21, 2023 0

India is reportedly nearing the finalization of a deal with Tesla Inc., allowing the American automaker to import its electric vehicles into the country from next year and potentially establish a manufacturing plant within two years. Sources familiar with the Indian government’s plans Continue Reading

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Arvind Fashions Sells Sephora Retail Division To Reliance For ₹ 99 Crore

Unique Times November 13, 2023 0

Billionaire Mukesh Ambani’s Reliance is set to collaborate with Sephora, a beauty chain owned by LVMH, to manage its stores across India and facilitate the expansion of Sephora in the country’s rapidly growing beauty and cosmetics market. Reliance, India’s largest retailer, launched its beauty retail platform called Tira in April to compete with Nykaa and Continue Reading

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HCL Group Evaluates $300 Million Entry into India’s Semiconductor Industry

Unique Times July 19, 2023 0

According to a report in the Economic Times on July 19, the HCL Group is considering entering India’s expanding semiconductor industry. The group is expected to submit a proposal to the government for establishing an assembly, testing, marking, and packaging (ATMP) facility for semiconductors, with an estimated investment of $200-300 million. It is worth noting […]Continue Reading

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Wipro Announces $1 Billion Investment in Artificial Intelligence

Unique Times July 12, 2023 0

Wipro, the leading IT company, has revealed its plans to establish the ai360 service and invest approximately $1 billion in artificial intelligence (AI) over the next three years. The company aims to leverage generative AI to unlock productivity and commercial opportunities across industries. Wipro’s CEO, Thierry Delaporte, emphasized the significance of responsible Continue Reading

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RBI Governor: India’s Economic Growth to Continue at a Rapid Pace in 2023

Unique Times June 14, 2023 0

According to Reserve Bank of India (RBI) Governor Shaktikanta Das, India’s economic growth in recent years has been primarily driven by strong domestic demand, particularly in terms of private consumption and investment. He expressed confidence that India will continue to be one of the fastest-growing major economies in 2023. Governor Das made these remarks during Continue Reading