Tata group, which is considered as salt-to-software, conglomerate plans to strengthen its position with buying a stake in e-commerce play. The company intends to take a stake of 68% in Bengaluru based online grocery startup, Big Basket. By executing this step, the company will take on prime player present in retail space that includes Reliance, […]
Category Archives: Business
Global medical device cleaning market is estimated to grow at a CAGR of over 6% during the forecast period. The market growth is attributed to the increasing number of surgical procedures across the globe. In addition, the increasing implementation of prevention measures to cope with the hospital-acquired infections and the deployment of new techniques for medical […]
Global oligonucleotides synthesis market is significantly growing owing to significant diagnostic application. The molecular diagnostics is accompanied by the rising need for oligonucleotides that can be used in diagnostics tests. The diagnostics application is growing owing to the developing application of molecular diagnostics and genetic testing. The increasing use of technologies such as DNA micro arrays […]
Global electric boat and ship market is estimated to grow at a CAGR of over 10% during the forecast period. The key factors that contributed to the growth of the market include a rising emphasis on minimizing emissions from the shipping industry. To achieve this, there are several government regulations introduced. For instance, in 2018, the […]
Global electric bus market is growing owing to the government initiatives taken to control the emission of greenhouse gases emitting from vehicles. Governments of different countries are encouraging the adoption of electric buses in place of diesel buses. In July 2019, the US Department of Transportation‘s Federal Transit Administration (FTA) announced the grant of $84.9 million […]
The global liquid packaging cartons market is estimated to grow at a CAGR of 5.0% during the forecast period. Inclination towards highly sustainable packaging is a key factor contributing to the growth of the market. Cartons provide higher sustainability compared to plastic alternatives. Folding cartons can recycle easily by reprocessing in a mill, where the […]
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Morgan Stanley is an America based multinational investment bank and a wealth management company. The company is specialized in Private Wealth Management, Prime Brokerage, Sales & Trading, Investment Banking, Research, Investment Management, Wealth Management, Institutional Consulting and earns money from three sources named as investment management, institutional securities, and wealth management. It is headquartered in […]
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On February 12, the Reserve Bank of India (RBI) placed restrictions on new investments in NBFCs from countries red-flagged through the Financial Action Task Force (FATF). The statement published by RBI authorities, on the banking regulator’s official website, that features the list of FATF on high-risk countries or whose name does not appear in the […]
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In the 8th edition of the Mobile Broadband India Traffic Index (MBIT) 2021, recently Nokia released the description related to the mobile broadband performance in the country. As per the report, it is highlighted that year over year the data traffic has heightened by 36% in 2020. Addition of millions of new 4G subscribers around […]
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CEO of Serum Institute of India ltd., Adar Poonawalla, who is considered as the vaccine king will acquire 60% stake by spending 32.1 Billion INR in Magma Fincorp. The Magma Fincorp is Kolkata-based Indian financer for vehicles and homes, founded in 1988 by Mayank Poddar and Sanjay Chamria. In the regulatory filing Magma Fincorp expressed […]