Jio And Airtel Join Forces With SpaceX For Starlink
On March 11, 2025, India’s No. 2 telco, Bharti Airtel, signed a deal with Elon Musk’s SpaceX to bring Starlink internet services to India, intensifying its rivalry with Mukesh Ambani’s Jio. The deal is conditional upon Starlink getting government approval to begin operations in the country. Airtel shared that both companies would use each other’s…
Abdullah Ansari
Supreme Industries To Acquire Wavin India Piping Unit
The Mumbai-based Indian plastic business, Supreme Industries Limited, signed a Memorandum of Understanding (MoU) with Wavin Industries Limited on March 10, 2025, to acquire its piping business in the country. The deal includes Wavin India’s three manufacturing units in Banmore (Madhya Pradesh5), Hyderabad (Telangana) and Neemrana (Rajasthan). With the acquisition, Supreme Industries will attain ownership…
Himanshu
Sun Pharma to Acquire US-Based Checkpoint TherapeuticsÂ
India’s leading pharmaceutical company, Sun Pharmaceutical Industries, has announced the acquisition of Checkpoint Therapeutics, a U.S.-based biotechnology firm specialising in oncology. The deal is set to expand Sun Pharma’s oncology portfolio and strengthen its global presence in the rapidly growing cancer treatment market. Last year, the company signed a licensing agreement with Italian-Swiss firm Philogen…
India Moves to Defend Exports Against U.S. Tariffs
U.S. tariff has become the talk of the town. President Donald Trump has shaken the world’s import/export sector since he took office. During his this term, he is focusing on increasing import tariffs. Recently, China retaliated against the high tariffs in the U.S. and imposed 15% on goods, especially food items and cotton. However, India…
ABHYUDAYA MITTAL
Anand Mathur Takes Over as CFO at HDFC Securities
HDFC Securities, a wholly owned subsidiary of HDFC Bank, has appointed Anand Mathur as its new Chief Financial Officer (CFO). With over 20 years of experience in financial strategy, regulatory compliance, and operational efficiency, Mathur is set to bring invaluable expertise to the company’s leadership. Mathur’s career has seen him take on significant financial roles…
Shipra Prajapati
U.S. Seeks Tariff-Free Car Trade After Tesla Enters India
American automotive electric vehicle company Tesla will enter the Indian market soon. The company is to open its two showrooms in Mumbai and Delhi. Regarding this, the United States wants India to reduce the tariff on car imports as a part of a potential trade agreement between the two countries. However, India disagrees with eliminating…
Amazon to Invest in Maharashtra’s Cloud Infrastructure
Amazon Web Services (AWS), Amazon’s cloud computing division, has announced an investment of approximately $8.2 billion in Maharashtra over the next five years. The investment amount is expected to grow by $24.2 billion by 2028, per the Information Technology Ministry. “Along with the investment, there will be significant employment growth,” Minister of Electronics and Information…
Embassy Developments Appoints Aditya Virwani as Managing Director
Embassy Developments Limited (EDL) has announced key leadership changes, appointing Aditya Virwani as Managing Director (MD) and Jitendra Virwani as Chairman of the Board. The decision was approved by the company’s Board of Directors as part of its strategic growth and expansion efforts. Leadership Reshuffle at Embassy Developments Jitendra Virwani, a veteran in India’s real…
Vipin
Government Granted ‘Navratna’ Status to IRCTC and IRFC
The Indian government has granted ‘Navratna’ status to two public sector enterprises, IRCTC (Indian Railway Catering and Tourism Corporation) and IRFC (Indian Railway Finance Corporation). This prestigious recognition is expected to give these companies greater operational flexibility, decision-making autonomy and a chance to expand their market presence. A post on X by the Department of…
Yash Sharma
Kenvue Names Niranjani C as CFO, Strengthening Financial Leadership in APAC
American consumer health giant Kenvue has appointed Niranjani C as its Chief Financial Officer (CFO), effective March 3, 2025. In this role, she will be part of both the India Leadership Team and the Finance Leadership Team in Asia Pacific, succeeding Manish Vora, who departed in April 2024, according to his LinkedIn profile. With over…
