Samsung Electronics reported a significant drop in its Q4 operating profit, with a decrease of nearly 70% compared to the same period the previous year. The decline was attributed to
Business
Jan 31, 2023
Vedanta has suspended plans to sell its copper smelter in the southern Indian state of Tamil Nadu, which accounts for nearly 40% of the country’s metal production while ramping up
The Union Budget for the 2023-24 financial year will be presented by the Finance Minister, Nirmala Sitharaman, on February 1, 2023. As it is the final full budget before the
Finance
India’s growth rate will decline from 6.8 percent in 2022 to 6.1 percent in 2023. The International Monetary Fund (IMF) expects the Indian economy to slow slightly next fiscal year,
The downturn in consumer spending brought on by rising prices and interest rates, as well as geopolitical concerns last year, has particularly hurt mobile device manufacturers. The largest smartphone manufacturer
The International Monetary Fund (IMF) forecasted that India and China would account for half of the global economic growth in 2023 and that the third-largest economy in Asia will continue
Adani Wilmar Ltd.’s day-to-day activities are overseen by an independent team of expert managers. Wilmar International Ltd. will continue to back its joint venture with India’s troubled Adani Group, claiming
Laurus Labs Ltd, a company based in India, announced an increase of 32.1% in its profit for the third quarter of the year. The boost in profit was due to
Jan 30, 2023
The London-based company said in September that CEO Joff plans to step down at the end of 2023. Unilever is the world’s largest soap manufacturer, selling its products in approximately
The move is part of a tough alliance rebalancing deal between the two companies, as Nissan now owns 15% less of Renault. The Renault-Nissan-Mitsubishi Alliance, originally known as the Renault-Nissan
According to a report released on Monday, the demand for affordable housing in Indian cities decreased from a significant 39% in 2018 to 26% in the previous year, as the
The business anticipates that this currency service, which now has an annualized run rate of Rs 350 crore, would scale up by 3–4 times in the upcoming fiscal year. On
Nov 19, 2024
Nov 18, 2024
Nov 16, 2024