Kia India Eyes 700 Sales, Service Points by Year-end
Kia India, the automaker behind popular models like Seltos and Sonet, is charting an aggressive course for growth in the Indian market. The company recently announced a significant expansion plan for its sales and service network, aiming to reach a staggering 700 touchpoints spread across 300 Indian cities by the end of 2024. This ambitious […]
TCS Under Fire: Americans Replaced by Indian H-1B Workers
Tata Consultancy Services (TCS), a titan of the Indian IT services industry, is facing a legal firestorm in the US. A wave of complaints has hit the company, with over 22 former TCS employees alleging age and race discrimination. These plaintiffs, ranging from Caucasian, Asian-American, and Hispanic professionals in their 40s to 60s, have filed […]
L&T Finance Holdings Gets RoC Nod for Name Change
Marking a significant chapter in its post-merger journey, L&T Finance Holdings, a leading non-banking financial company (NBFC) in India, has officially transitioned to a new identity – L&T Finance Ltd. The company secured the name change after receiving approval from the Registrar of Companies (RoC) on March 28, 2024. New Name Signals Streamlined Operations This […]
ICICI, Axis, IIFL Back GMR’s ₹800 Cr Delhi Airport Bonds
Leading financial institutions ICICI Bank, Axis Bank, and India Infrastructure Finance Ltd (IIFL) recently subscribed to a ₹800 crore bond issuance by GMR Group’s Delhi International Airport Limited (DIAL).expand_more This joint investment signifies a growing optimism surrounding infrastructure projects in India, particularly those aligned with the ambitious ₹70 lakh crore National Infrastructure Pipeline (NIP) launched […]
IndiGo Launches Direct Flights Abu Dhabi-Kannur
IndiGo, a leading Indian airline, has set its sights on strengthening connectivity between the Middle East and South India. The carrier announced the launch of new daily non-stop flights between Abu Dhabi, the capital of the United Arab Emirates (UAE), and Kannur, a north Kerala district in India. This exciting development, set to take off […]
Wow! Momo Wins Trademark Case Against Wow Punjabi
Court Grants Temporary Relief in Trademark Dispute Fast-food momo giant Wow! Momo has secured a temporary win in its ongoing trademark battle against multi-cuisine restaurant chain Wow Punjabi. The Delhi High Court recently issued a temporary injunction, prohibiting Wow Punjabi from using branding elements that could be confused with Wow! Momo’s established trademarks. This decision […]
Torrent Power Secures 150 MW Renewable Energy Deal
Torrent Power Limited, a leading Indian power company, has taken a significant stride towards solidifying its position as a frontrunner in the renewable energy sector. The company recently secured a letter of award to supply 150 MW of clean energy, marking a substantial step forward in its commitment to sustainable power generation. Project Details: A […]
CP PLUS Spreads Made-in-Bharat Solutions Across India
Indian security and surveillance giant, CP Plus, is embarking on an ambitious nationwide expansion plan to empower every corner of India with its “Made-in-Bharat” security solutions. This initiative aligns perfectly with the Indian government’s Atmanirbhar Bharat mission, which prioritizes self-reliance and fosters domestic manufacturing. More Than Just Manufacturing: A ₹300 Crore Push for Innovation CP […]
Zee Cuts 50% Staff at Bengaluru Tech Center
In a move shaking up the Indian media landscape, Zee Entertainment Enterprises Limited (ZEEL) announced a significant restructuring at its Bengaluru-based Technology & Innovation Centre (TIC) on March 29, 2024. The restructuring translates to a workforce reduction of roughly 50%, impacting an estimated 325 employees – a substantial figure considering ZEEL’s annual report for 2023 […]
HPCL, Tata alliance for Nationwide EV Charging
India’s electric vehicle (EV) landscape is poised for a significant transformation. In a move that could significantly accelerate EV adoption, Tata Motors and Hindustan Petroleum Corporation Ltd (HPCL) have announced a groundbreaking partnership to establish a nationwide network of 5,000 EV charging stations. This strategic collaboration, signed between Tata Passenger Electric Mobility Limited (TPEM) and […]