South Korean car manufacturer Kia plans to implement new models, enhance their sales network and also increase the capacity of production, to reduce the waiting times of the existing product range, according to senior company officials, in the long-term growth prospects for the Indian car market. At the beginning of next year, the carmaker who […]
Category Archives: Business
Maruti Suzuki India announced last week that its June maintenance shutdown would be moved to May, and that all factories would be closed between May 1 and May 9. All three are business titans. Though, Hero MotoCorp is the country’s largest two-wheeler maker, Maruti Suzuki and JCB are market leaders in their respective segments. According […]
In India, FMCG ad spending will be boosting consumption demand as disposable incomes grow rapidly and the underdeveloped ad market expansion is catching up. In the next three years, India will become the fastest growing country, spending 14% a year on food and drinks advertising for fast-moving consumer goods (FMCG). The agency reports on 12 global […]
Future Group’s retail store Big Bazaar, which is presently rivaling, driving e-retailers in ‘two-hour express home delivery services’ section, is planning to twofold its business commitment from online business in a month’s time. The organization has declared “click-to-home” internet shopping celebration, the “Home Delivery Sale” and is broadening the two-hour home delivery services’, begun a […]
A ride-hailing app in Indonesia, in a three-pronged sustainability policy, Gojek has unveiled plans to convert every car and motorcycle on its app network to be an electric vehicle (EV) by 2030. According to co-founder and co-CEO Kevin Aluwi, the company’s “Three Zeros” agenda seeks to achieve zero carbon, zero waste, and zero socio-economic obstacles […]
Reliance Industries Ltd (RIL) more than doubled its consolidated net profit in the March quarter, from a year ago to 14,995 crores, despite revenue rising just 14 percent to 1.72 lakh crore. Consolidated net profit for 2020-21 was 53,739 crores, up 35 percent from 39,880 crore the previous year, though consolidated revenue dropped from 659,997 […]
Bajaj Electrical, on Sunday announced that the company has bought the remaining share of the Starlite Lighting Ltd. from its promoters, and has officially acquired the Starlite Lighting Ltd. firm. The deal closed around for a cash consideration of Rs 60 Crore. Starlite Lighting Ltd. was commenced by the Bharati brothers in year 200 with […]
Yes Bank, a private lender, is considering an offer for Citibank’s Indian retail properties, joining the list of suitors vying for the international bank’s local operations in 13 countries. According to Yes Bank CEO Prashant Kumar, the bank would consider buying Citi’s retail properties in India, such as credit cards and wealth management. On which […]
Surgical Staplers Market size exceeded USD 3.97 billion in 2020 and is predicted to grow at over 8% CAGR from 2021 to 2027. A surgical stapler is a special stapler used in surgery to close skin wounds and connect or remove parts of the intestine or lungs. Currently, staplers are preferred because they are easier, faster, […]
The global catheters market size was valued at USD 45.26 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6% from 2021 to 2027. A catheter is a thin tube made of medical materials such as plastic, silicone rubber, polyvinyl chloride (PVC), and nylon, which is inserted into […]