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Tata Group in talks with Pegatron to setup second Apple iPhone manufacturing unit in Tamil Nadu: Report

The Tata Group is reportedly in advanced discussions with Pegatron, a key supplier for Apple Inc., regarding the establishment of a second iPhone manufacturing facility in Tamil Nadu, as per a Reuters report. This potential collaboration is viewed as a significant stride in Apple’s endeavor to localize its supply chain and fortify its association with […]

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TCS announces 15-year deal extension with UK-based insurance major Aviva

Tata Consultancy Services (TCS) has announced a 15-year extension of its partnership with Aviva, the leading insurance and retirement provider in the UK. The agreement aims to uplift Aviva’s UK life business and elevate customer experience. In this collaboration, Diligenta, TCS’s FCA regulated subsidiary in the UK, will oversee the end-to-end policy administration and servicing, […]

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Microsoft CEO Satya Nadella likely to visit India in February, expected to meet AI start-ups

Microsoft CEO Satya Nadella is set to embark on his annual visit to India on February 7 and 8, signaling the company’s strong focus on Artificial Intelligence (AI) and its vast potential within the region. This visit follows key meetings in June 2023 between Prime Minister Narendra Modi and top tech CEOs, including Nadella, where […]

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Sony calls off $10 bn merger with Zee, ending 2-yr stalemate

Mumbai, India: Sony has officially called off the $10 billion merger with Zee, ending a two-year-long deadlock, according to Bloomberg reports. The termination was confirmed by Sony in a letter sent to Zee early Monday, and the company is expected to make a formal disclosure to the exchange. The primary reason cited by Sony for […]

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Blaupunkt TV joins forces with Amazon India, targets 4% market share by FY25

Blaupunkt TV, recognized for its aural brilliance for over a century, has begun a relationship with Amazon India, signaling a key step toward satisfying the increasing demand for its premium and cost-effective television range. This collaboration intends to expedite online sales by providing access to a larger consumer base across 19,000 pin codes in India […]

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Kia India appoints Gwanggu Lee as new Managing Director and CEO

Kia India, a renowned automobile manufacturer in India, has named Gwanggu Lee as its new Managing Director and CEO, effective immediately. He replaces Kook Hyun Shim and Tae Jin Park as the company’s third Managing Director and CEO.  Tae Jin Park, the former MD and CEO, is slated to retire after 36 years with Kia […]

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Wipro seeks Rs 25 cr plus interest from ex-CFO Jatin Dalal for joining Cognizant within 12 months

According to a Friday news source, Wipro Ltd’s feud with its former Chief Financial Officer (CFO) Jatin Dalal could worsen.  According to Moneycontrol, in a case filed in November in a Bengaluru court, Wipro claimed Dalal violated a non-compete clause by joining Cognizant within 12 months and wanted Rs 25.15 crore in damages from Dalal, […]

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Adani Energy Solutions shares in focus on Halvad acquisition, smart metering JV

Adani Energy Solutions Ltd shares will be in focus on Wednesday morning after the Adani group firm announced the signing of a share purchase agreement with PFC Consulting for the acquisition of 100% of Halvad Transmission Limited (HTL).  Furthermore, Adani Group announced that its wholly-owned subsidiary Adani Transmission Step-Four Ltd has entered into a formal […]

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BCL Industries jump 5% as board approves conversion of warrants into shares

BCL Industries stock rose more than 5% during Thursday’s trading session after the company announced that select investors had converted warrants into equity shares. However, the stock eased slightly and ended the day more than 4% higher. BCL Industries stated in an exchange filing on Wednesday that the company has converted 50,000 warrants into 5,00,000 […]

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Why expansion of BRICS is so profound for the global economy

Expansion of BRICS – So, on August 24, what much of the world had been anticipating came to pass. Six more nations were confirmed as full members of the burgeoning economic group at the 15th BRICS Summit in Johannesburg, South Africa. Although the precise identities of the new members – Argentina, Egypt, Ethiopia, Iran, Saudi […]

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