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Ratan Tata, Chairman Emeritus Tata Sons & billionaire of hearts, passes away: Life, education, business career milestones & timeline of India’s industry giant
Under Ratan Tata’s leadership, the Tata Group transformed into a global powerhouse. (Image source: Tata.com) Ratan Naval Tata, a titan of industry who never sought the spotlight, passed away on Wednesday night at a Mumbai hospital at the age of 86. Despite his immense influence and control over more than 30 companies operating in … Read more
Nestle announces new MD
Mr Suresh Narayanan, the current CMD of Nestle India will retire on July 31, 2025. The Company has informed that Manish Tiwary, the Country Manager of Amazon India will take over from Suresh w.e.f August 1, 2025. Before joining Amazon in 2016, Manish had a 20 year career at Unilever, where he held roles in … Read more
Living standards to see steepest rise in coming decades: FM Sitharaman
India will witness the steepest rise in living standards of the common man on the back of the government’s initiatives and the efforts towards doubling per capita income in few years, Finance Minister Nirmala Sitharaman said on Friday. Addressing the 3rd edition of the Kautilya Economic Conclave, the minister stressed that inequality in India has … Read more
After West, Dr Lal Pathlabs now sets sights on South
Currently, about 2/3rd of Dr Lal’s revenues comes from North. The Eastern and Western regions contribute 15% each, whereas South contributed only 6% of Rs 2,227 cr revenues in FY24. In October 2021, it had acquired Suburban Diagnostics to expand into West. It was it’s first large sized acquisition. Now after more than 2 years, … Read more
Krsnaa ties-up with Medikabazaar and United Imaging
The partnership will see the deployment of advanced imaging technologies made available by Medikabazaar and United Imaging across Krsnaa’s extensive network of diagnostic centers, primarily focusing on semi-urban and rural areas. (United Imaging is a global leader in high-performance imaging equipment. Medikabazaar is India’s largest B2B Healthcare procurement & supply-chain solutions provider) Plan is to establish … Read more
Kotak targets to become 3rd largest private bank by FY 2030
In a media interview, Kotak Bank’s CEO, Ashok Vaswani has communicated his target to be the 3rd largest private bank by 2030. From the interaction it was unclear whether the aspiration is on balance sheet, profits, ROE or all. As of now Kotak is the 4th largest private bank after HDFC, ICICI and Axis. In … Read more
Chinese scientists reverse type 1 diabetes with cell transplant
Chinese scientists claimed to have cured a chronic type-1 diabetes patient using cell transplants in what was stated to be the first such case in the world. The patient, a 25-year-old woman who had the chronic condition for over a decade, was able to naturally regulate her blood sugar some two and half months after … Read more