Introduction In a significant move within the Indian capital markets, Leading Light Fund VCC – The Triumph Fund has acquired a 2.07% stake in Euro Panel Products Ltd, marking a notable bulk deal in the financial landscape. The transaction underscores ...
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EU Launches Satellite Network to Rival Musk’s Starlink: A Bold Step in Digital Sovereignty
Introduction In a landmark move to bolster its digital independence and secure critical space infrastructure, the European Union (EU) has officially launched its ambitious satellite network to challenge Elon Musk’s Starlink system. The initiative marks a decisive step toward establishing ...
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Supreme Court Halts Proceedings on Anti-Competitive Allegations Against Amazon and Flipkart: A Turning Point in India’s E-Commerce Regulation
Introduction In a significant development for the Indian e-commerce sector, the Supreme Court of India on Monday stayed the ongoing proceedings related to alleged anti-competitive practices by e-commerce giants Amazon and Walmart-owned Flipkart. This decision marks a crucial turning point ...
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Wipro Boosts Its Internal Talent Base to Drive Growth: Building Future-Ready Teams for 2024-2025
Introduction As businesses worldwide grapple with technological disruptions and the increasing need for innovation, Wipro, one of India’s top IT service providers, is doubling down on its internal talent development strategy to fuel long-term growth. The company has outlined an ...
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India’s First Indigenous Bullet Train Set to Launch by December 2026
In a historic stride towards self-reliance in railway technology, India’s first made-in-India bullet train is set to roll out by December 2026, announced Shantanu Roy, Chairman and Managing Director of BEML Ltd. The project is a collaboration between BEML, the ...
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Wipro to Acquire Applied Value Technologies for $40 Million: A Strategic Move to Bolster IT Consulting Expertise
Introduction In a significant development, Wipro Ltd., one of India’s leading IT services companies, has announced its plans to acquire the U.S.-based IT consulting firm Applied Value Technologies (AVT) for $40 million. This strategic acquisition aligns with Wipro’s vision to ...
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India’s Business Activity Surges to 4-Month High: HSBC Flash PMI Hits 60.7 in December
Introduction India’s business landscape ended the year on a strong note as the HSBC Flash Purchasing Managers’ Index (PMI) climbed to a robust 60.7 in December, marking a 4-month high. This impressive performance reflects rising demand, improved production, and a ...
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Swiggy and Zomato's Strategic Push into Processed Food & Lightning-Fast Delivery
Introduction The food delivery landscape in India has witnessed significant evolution, with Swiggy and Zomato leading the charge in transforming consumer habits. Over the years, these platforms have revolutionized the convenience of food delivery by offering a diverse menu, from ...
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Mobikwik IPO: A Business Perspective on Opportunities, Challenges, and Future Outlook
In December 2021, Mobikwik, one of India’s leading fintech platforms, filed for its initial public offering (IPO), sparking significant interest from investors and market analysts. The company, which specializes in mobile payments, digital wallets, and financial services, has long been ...
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Zerodha Crosses $1B in Revenue for FY24, Sees 89% Surge in Profit Despite Upcoming Challenges
Zerodha, India’s largest retail stock brokerage, has achieved an extraordinary milestone by surpassing $1 billion (₹9,372 crore) in revenue for the fiscal year 2024. This remarkable achievement underscores the company’s dominant position in India’s competitive online brokerage market. Additionally, Zerodha ...