The families of Jamshyd N Godrej and Smita V Crishna are setting up a family council following the business realignment in April, said people with knowledge of the matter. In addition to this, the Crishna branch will set up a family office comprising Smita Crishna and her daughters Freyan and Nyrika. Nyrika, who is executive … Read more
Tech giant Nvidia is now worth over $3.2 trillion, with its dominance as a chipmaker making it the poster child of the artificial intelligence boom. After the stock’s swift rise on Wall Street it briefly topped Microsoft as the most valuable company in the S&P 500 this week. The company is now worth over $3.2 … Read more
Former President Donald Trump made a surprising departure from his typical anti-immigrant rhetoric by suggesting that foreign students graduating from United States colleges should automatically receive green cards as part of their diplomas. Trump made these comments while speaking in a podcast interview with venture capitalists and tech investors, hosted by David Sacks, that aired … Read more
It started with a cryptic quote from President Xi Jinping buried in a 172-page book on the financial sector. Three months later, plans for potentially the biggest shift in years in how China conducts monetary policy are starting to surface. Pan Gongsheng, governor of the People’s Bank of China, on Wednesday gave the clearest acknowledgment … Read more
The Group of Seven (G7) nations vowed on Friday to tackle what they called unfair business practices by China that were undermining their workers and industries, according to a draft statement on the final day of their annual summit. The G7 also warned of action against Chinese financial institutions that helped Russia obtain weaponry … Read more
Adani Group looks to dethrone UltraTech Cement: The Adani Group is actively considering the acquisition of multiple cement companies, including Penna Cement, Saurashtra Cement, the cement business of Jaiprakash Associates, and Vadraj Cement owned by ABG Shipyard. This move aligns with the expected surge in demand for cement due to the government’s infrastructure development plans … Read more
Lodha said the rising demand for homes “is a fifteen-plus year cycle. We are only in year four and there is a long, long way ahead to go before India has real estate at its rightful share in its economic mix” | Photo: Bloomberg 2 min read Last Updated : Jun 13 2024 | 6:52 … Read more
Adani Defence and Aerospace has signed a cooperation agreement with UAE-based EDGE Group, one of the world’s leading advanced technology and defence groups. As per an official joint press release issued on Tuesday, the agreement aims to establish a platform leveraging the defence and aerospace capabilities of both companies to bring together their respective products … Read more
After a decade of single-party rule at the Centre, India has returned to an era of coalition politics. As the Lok Sabha election results trickled in on the morning of June 4, the Sensex plunged into a sea of red. The fear among stock market investors and corporate leaders was palpable: what if India’s ongoing … Read more