Business(partnership development) According to a statement, this collaboration will deliver the best of HCL and Google Cloud’s deep health care and life sciences domain capabilities and investments through co-innovation and address industry shifts. HCL Technologies will establish a joint Google Cloud centre of excellence (CoE) with industry subject matter experts and Google Cloud-certified ideapreneurs toContinue reading “HCL Tech and Google Cloud are expanding their partnership to provide healthcare and life science solutions.”
Category Archives: Business
Rakesh Jhunjhunwala’s support Akasa Air receives government approval and will begin operations in mid-2022.
Aviation Business SNV Aviation Pvt Ltd announced on Monday that Rakesh Jhunjhunwala-backed new airline Akasa has received a no objection certificate (NOC) from the government to take to the skies. The airline will be known as ‘Akasa Air.’ The airline, which is also backed by former Jet Airways CEO Vinay Dube, will now apply toContinue reading “Rakesh Jhunjhunwala’s support Akasa Air receives government approval and will begin operations in mid-2022.”
Following REC, RIL will acquire up to a 40% stake in SP Group’s Sterling & Wilson Solar.
Business Through a series of transactions, RIL subsidiary company executed agreements with Shapoorji Pallonji and Company Private Ltd, Khurshed Daruvala and Sterling, and Wilson Solar Ltd to acquire a 40 percent post-money stake in SWSL.
From 2022, Bharti’s OneWeb and ISRO’s arm will partner to deploy satellites in India.
Astronomy(Business) On October 11, Bharti Group-backed OneWeb said that it has reached an agreement with ISRO’s commercial arm, NewSpace India Limited (NSIL), to launch its satellite in India starting in 2022. According to the statement, the agreement was reached through a letter of intent (LOI) with NSIL to use Indian-built PSLV (Polar Satellite Launch Vehicle)Continue reading “From 2022, Bharti’s OneWeb and ISRO’s arm will partner to deploy satellites in India.”
Uber will now follow your flights and have a ride waiting for you when you arrive.
Transportation(Business) If all goes according to plan, ride-hailing service Uber will make it easier to obtain a ride home from the airport. According to reports, Uber will now be able to follow your flights and have a cab waiting for you when you arrive. On Wednesday, the company announced that users will be able toContinue reading “Uber will now follow your flights and have a ride waiting for you when you arrive.”
In Mumbai, Reliance opens Jio World Drive, a high-end shopping mall.
Business Jio World Drive is Mumbai’s newest, most dynamic urban hangout, spanning 17.5 acres at Maker Maxity and conveniently placed in the Bandra Kurla Complex. The precinct houses 72 well-known foreign and Indian companies, 27 culinary outlets serving international cuisines, Mumbai’s first rooftop Jio Drive-In Theatre, an open-air weekend community market, pet-friendly services, a dedicatedContinue reading “In Mumbai, Reliance opens Jio World Drive, a high-end shopping mall.”
For $771 million Reliance New Energy Solar acquires REC Solar Holdings .
Business(REC-Rural Electrification Cooperation Ltd shares) On October 10, Reliance New Energy Solar announced the acquisition of REC Solar Holdings for $771 million. “Reliance New Energy Solar Ltd (RNESL), a wholly – owned subsidiary of Reliance Industries Ltd (RIL), has announced the acquisition of a 100% shareholding in REC Solar Holdings AS (REC Group) from ChinaContinue reading “For $771 million Reliance New Energy Solar acquires REC Solar Holdings .”
India may have to abandon its equalisation levy, If a global minimum tax agreement is reached.
Taxation(India) 136 countries, including India, have agreed to modify global tax laws to ensure that multinationals pay taxes at a least of 15% wherever they operate as part of a significant reform of the worldwide tax system. According to the Organization for Economic Cooperation and Development (OECD) implementation plan announced late Friday, the accord compelsContinue reading “India may have to abandon its equalisation levy, If a global minimum tax agreement is reached.”
The World’s Top 100 Most Valuable Brands in 2021
Business(brands)
Indian tea is world famous, but our exports are still behind Kenya, China and Sri Lanka
Trade (export-Indian tea) India is the world’s second-largest producer of tea after China. Eighty-nine per cent of the tea produced domestically is consumed (1,145 million kg in FY2021) in the country itself. Tea worth $704.36 million was exported overseas in FY21; Russia, Iran, UAE, the US and China are leading markets for export of IndianContinue reading “Indian tea is world famous, but our exports are still behind Kenya, China and Sri Lanka”
Ambani Joins Bezos, Musk in World’s Exclusive $100 Billion Club
Billionaire(India) Since taking over his late father’s oil-refining and petrochemicals industries in 2005, Ambani, 64, has been attempting to turn the energy behemoth into a retail, technology, and e-commerce behemoth. In June, Ambani outlined an ambitious plan to invest $10 billion in green energy over the next three years. Last month, the billionaire declared hisContinue reading “Ambani Joins Bezos, Musk in World’s Exclusive $100 Billion Club”
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