Roark to Buy Sandwich Chain Subway For $9.55 BillionÂ
The subway chain will sell itself to Roark capital, an American private equity firm. The agreement is finalised after numerous competing offers, including several clauses that postpone payment on a portion of the purchase price. The 1965-founded Subway has several terms and conditions that postpone payment of some of the deal considerations.  The final agreement…
Yash Sharma
The Emergence Of India’s Space Economy, Touchdown Chandrayaan-3Â
With the successful landing of Chandrayaan 3 on August 23, India became the fourth nation after the former USSR, the United States, and China to conduct a soft landing on the lunar surface. In addition, India became the first country to reach the moon’s south pole. It is said that Chandrayan 3 will help the…
UPI’s Global Expansion, India To Become Trillion Dollar Economy In Few Years Says PM ModiÂ
At the BRICS conference on Tuesday in Johannesburg, Prime Minister Modi declared that India would have a developed economy by the year 2047. Prime Minister Narendra Modi emphasised India’s advancements in the field of digital payments, including the Unified Payments Interface, or UPI, and enlisted international assistance for the UPI’s international expansion. Modi also promoted…
BRICS Summit Begins, PM Modi and Xi Jinping Expected to Share StageÂ
The Prime Minister will attend the 15th BRICS Summit in Johannesburg along with the leaders of Brazil, China, Russia, and South Africa. This will be the first in-person gathering in the previous three years, after the concluding BRICS summit in 2019 because of the Covid-19 epidemic., When asked about the meeting between Chinese President Xi…
M-cap Witnessed A Loss Of Rs 80,200 Crores Across Top Seven
The Tata Consultancy and HDFC Bank were the biggest laggards last week as the combined market valuation of seven of the top ten valued corporations fell by Rs 80,200 crore. According to sources, the BSE benchmark dropped by 373.99 points, or 0.57%, over the holiday-shortened week prior. Hindustan Unilever, Infosys, and Reliance, among the top…
Ashwini Vaishnaw Declares A Ban On Bulk Sim Card ConnectionsÂ
The Ministry of Electronics and Information Technology has banned the bulk sim card connection as a move to curb cyber frauds on Thursday. At a press conference, the Minister of Electronic and Information Technology, Ashwini Vaishnaw, provided this information to the media. According to Ashwini Vaishnaw, the government will apply biometrics and mandate police verification…
Foxconn Seeking Investment Opportunities in IndiaÂ
The Taiwanese electronics manufacturing firm, Foxconn hopes to invest billions of dollars in India in the near future because it sees an opportunity for growth in the Indian economy. According to Foxconn Chairman and CEO Young Liu, the company’s annual turnover in the Indian market has surpassed USD 10 billion, which leads to enormous investment…
Air India Introduced Rebranding Initiative Under Tata Group
Now led by Tata Group, Air India has revealed a new look to improve its image and do well in the competitive aviation market. They showcased their modernised logo and colourful aircraft design at a special event in Delhi. The new logo, named ‘The Vista,’ signifies a bold new era for the airline and encapsulates…
Eicher-Amazon Partnership for Zero-Emission Electric Trucks
Eicher Trucks and Buses, a VE Commercial Vehicles Ltd division, has announced a groundbreaking partnership with Amazon to reshape the landscape of delivery operations in India. The collaboration seeks to electrify Amazon’s delivery network’s middle-mile and last-mile segments, introducing up to 1,000 zero-emission electric trucks over the next five years. As part of this ambitious…
SBI Beats Reliance Industries to Claim Top Spot Profit Race
In a remarkable turnaround, the State Bank of India (SBI) has outshined Reliance Industries (RIL) to become the front-runner in India’s corporate profit arena. For the quarter ending June 2023, SBI, the country’s largest public sector lender, reported a consolidated net profit of Rs 18,537 crores, surpassing RIL’s quarterly net profit of Rs 16,011 crore….
