A Bengaluru-based professional has triggered a wide online discussion after questioning whether it is worth staying in India, despite earning a combined annual income of ₹60 lakh with his wife. In a Reddit post, the 30-year-old shared his daily struggles, raising concerns about poor infrastructure, tax burdens, and the overall quality of life in the … Read more
Mahindra & Mahindra (M&M) informed that it’s board has approved acquiring a significant stake in SML Isuzu. M&M is acquiring 59% from the promoter group entire 43.96% of Sumitomo Corporation; and entire 15% of Isuzu Motors Quite surprising the above 59% stake is being acquired @ Rs 650/ share totalling Rs 555 cr. This price … Read more
Devyani has acquired 80.72% stake in Sky Gate Hospitality (SGH). Founded in 2015, SGH is the owner of popular brands including Biryani by Kilo, Goila Butter Chicken and The Bhojan Its two other brands – Get-A-Way and Krazy Kebab Co – will get disinvested over the next nine months. SGH operates 100 outlets in 40 … Read more
Airtel’s move comes in the wake of the government recently raising its stake in Vodafone Idea to over 49%. The telecom reform package announced in September 2021 allowed telcos to defer spectrum and AGR (Adjusted Gross Revenue) dues for four years. It also provided the option to the operators to convert interest on these deferred … Read more
India could become the first country to strike a bilateral trade deal with the United States under President Donald Trump’s push for “reciprocal” tariffs, US treasury secretary Scott Bessent said. Speaking to a group of reporters in Washington on Wednesday, Bessent suggested that negotiations with India were “very close” to a breakthrough, reaching a successful … Read more
A coalition of 12 US states filed a lawsuit on Wednesday in the US Court of International Trade in New York, seeking to overturn President Donald Trump’s tariff policy, which they say is unlawful and has disrupted the national economy. The legal challenge accuses Trump of abusing emergency powers under the 1977 International Emergency … Read more
Kansai Paint Co Ltd. the parent held a India strategy briefing. Key highlights included – Given the increasing competitive pressures in the decorative paints market, the Indian business to sharpen its focus on the industrial paints segment to drive growth. The goal: to become India’s second-largest coatings company by 2030. It aims to maintain its … Read more