IndiGo Ventures, the investment arm of the Indian airline IndiGo, has made a strategic investment in Sarvam, a company specializing in artificial intelligence solutions. This funding is part of Sarvams Series B round, which is designed to bolster the companys
Indias foreign exchange reserves have reached a historic milestone of $729.328 billion, reflecting a sustained increase over eight consecutive weeks. This notable rise is attributed primarily to the growth in foreign currency assets and gold holdings. Several factors have contributed
Mahindra Launches New Electric SUVs: XEV 9S and XEV 9e with Battery-as-a-Service Model Mahindra & Mahindra has officially launched its latest electric SUVs, the XEV 9S and XEV 9e, with starting prices set at ₹12.65 lakh and ₹13.90 lakh, respectively.
Meta Platforms Inc. has reached a significant settlement of approximately $18 billion in a landmark lawsuit concerning child safety issues on its platforms, including Facebook and Instagram. This resolution addresses allegations that the companys practices disproportionately affect minors and fail
MG Motor has introduced the Tomahawk, marking its debut multi-powertrain sports utility vehicle (SUV) built on the innovative ADAPT platform. This model is poised to drive the company’s C-SUV strategy over the next seven to eight years. Alongside the Tomahawk,
Union Minister of Textiles, Piyush Goyal, emphasized a growing interest in enhancing textile trade between India and Japan. Historically, Indian textile manufacturers have faced challenges in penetrating the Japanese market, primarily due to a lack of understanding of local preferences
Nestlés global CEO, Philipp Navratil, highlighted the significant role that emerging markets are playing in the company’s growth strategy during his recent visit to India, his first since assuming leadership in September 2022. He indicated that India is currently positioned
According to recent estimates from a senior official who requested anonymity, exports during the third week of August surpassed $25 billion. This marks a significant achievement for the nation, as the Commerce and Industry Minister, Piyush Goyal, has outlined an
According to analysts at Crisil Intelligence, the closing stock for the sugar season 2026, which spans from October to September, is projected to be approximately 3.9 million metric tons (MMT). This figure represents a 25% decrease compared to the previous
Market Recommendations: Nuvama Wealth Highlights Vedanta, CDSL, and Ashok Leyland as Top Picks Aakash K. Hindocha, Vice President of Research at Nuvama Professional Clients Group/Nuvama Wealth, has identified Vedanta Ltd., Central Depository Services (India) Ltd. (CDSL), and Ashok Leyland as
