The recent post annual results analysts’ call by DLF Ltd, India’s biggest real estate company, provides a glimpse of the price appreciation at it’s super luxury projects in Gurugram which are now fetching ₹135 crore to ₹150 crore per residences. Following the success of it’s ultra luxury project Camellias, it’s new project Dahlias is attracting attention … Read more
UK-based Prudential plc on Sunday said it plans to acquire a 75% stake in Bharti Life Insurance and subsequently cut its holding in ICICI Prudential Life Insurance to 10%, marking a major realignment of its India strategy. The investment is part of Prudential’s “strategic repositioning of its India operations,” the company said in a statement. … Read more
A looming 18-day strike at South Korean chip giant Samsung that has triggered worries within the government, rattled foreign investors and threatened global supply chains rests on one crucial question: who should share in the spoils of the AI boom? More than 45,000 workers are threatening to stage the largest strike in the conglomerate’s history … Read more
SIAM said the total production of passenger vehicles, three-wheelers, two-wheelers, and quadricycles in April 2026 was 29,22,427 units. File The first month of FY2027 posted high double-digit growth in passenger vehicles, three-wheelers, and two- wheelers according to wholesales data released by the Society of Indian Automobile Manufacturers (SIAM) on Thursday (May 14, 2026). This is … Read more
Government has raised import tariffs on gold and silver to 15% from 6%, government orders said on Wednesday (May 13, 2026), as part of efforts to curb overseas purchases of the metals and ease pressure on the country’s foreign exchange reserves. The higher duties could dampen demand in the world’s second-largest consumer of precious metals, … Read more
In a surprise announcement, Jyothy Labs today announced that Henkel has decided not to renew the PRIL and Fa brand licence to Jyothy beyond May 31, 2026. Background In 2011, Jyothy had acquired Henkel’s India consumer business through a composite transaction covering brands, assets, and operations. As part of this arrangement, certain brands were licensed, while … Read more
Indian business rarely does exactly what the government wants it to. For the past decade or so, for example, it has obdurately refused to invest as much as officials think it should. Last week, chief economic adviser V. Anantha Nageswaran said that profits for the 500 largest publicly traded companies had grown by over 30% … Read more
Bajaj points out that the company knew early on that long-term growth in the country lay in domestic tourists and so had spent years building supply. While Airbnb does not disclose the number of listings, a company executive, who did not want to be identified, says the number of listings have grown from about 15,000 … Read more
The West Asia conflict is pushing govt to look at a faster transition towards renewable energy, including the possibility of increasing ethanol blending in petrol from 20-25%, although in a calibrated manner. This will come along with increased refining capacity within the country, so that there is a buffer in the system and greater domestic … Read more