Tata Motors Reports 8% Sales Growth in February

Tata Motors, headquartered in New Delhi, announced an 8% increase in total wholesales for February, reaching 86,406 units compared to 79,705 units in the same period last year. The company revealed these figures in a regulatory filing. Domestic Sales Performance Domestic sales experienced a robust growth of 9%, totaling 84,834 units compared to 78,006 units […]

Swiggy Expands Delivery Services to Houseboats on Dal Lake

Swiggy, the popular online food delivery platform, has announced its expansion into delivering to houseboats on Dal Lake in Srinagar, offering added convenience to tourists. Partnership with Shikara Operators In collaboration with Shikara operators, Swiggy will utilize local delivery partners to ensure seamless delivery to the doorsteps of houseboats. This partnership aims to provide unparalleled […]

Sunny Leone-Backed Wellness Brand ‘Rize’ Faces Rejection on Shark Tank India

New Delhi, The recent campus special episode of ‘Shark Tank India 3’ showcased the entrepreneurial journey of Sahil Manral and Dhruv Verma, the creators of ‘Rize’, a wellness brand catering to various health needs. The Genesis of Rize Founded in 2023, Rize was conceived by Sahil and Dhruv, who aimed to promote a healthier lifestyle […]

SpiceJet Resolves ₹413-Crore Dispute with Echelon Ireland Madison One

SpiceJet, headquartered in New Delhi, announced on Thursday the resolution of a ₹413 crore dispute with aircraft leasing company Echelon Ireland Madison One Ltd. This settlement marks the third dispute resolution announced by the airline within a span of two weeks, amidst the challenges it faces. According to the airline’s statement, this latest settlement is […]

Debit Cards and UPI: The Dynamics of Payment Preferences

As digital payment methods evolve, Indians are increasingly opting for smartphones over traditional cards, driving a surge in UPI transactions. However, amidst this shift, debit cards retain their relevance, particularly for larger transactions. Debit Cards: Resilience in Larger Payments Despite a decline in transaction volume, debit cards remain a preferred choice for sizable purchases, according […]

Retail, Real Estate, and Religion: Spiritual Tourism on the Rise

The convergence of retail, real estate, and religion is reshaping India’s spiritual landscape, with key religious centers becoming vibrant hubs for retail and hospitality ventures. Retail Expansion in Religious Centers Retail chains are expanding their presence in significant pilgrimage destinations across India. From Spykar in Somnath to FabIndia in Shirdi, and Blackberrys in Bodh Gaya […]

Indian Auto Industry Sees 13% Sales Growth in February

The Indian auto industry experiences a notable 13% increase in sales in February 2024, across all segments, according to a report by the Federation of Automobile Dealers Associations (FADA). Despite this growth, concerns regarding elevated inventory levels persist. Passenger Vehicles Reach Record Numbers February 2024 witnesses a 12% year-on-year growth in the passenger vehicle segment, […]

Reliance Jio and Airtel Witness Growth in Subscriber Base

India’s telecom landscape sees Reliance Jio and Bharti Airtel expanding their subscriber bases in January 2024, while Vi experiences a decline in subscribers. Vi Faces Subscriber Loss Vi, the telecom operator yet to introduce 5G services, reports a loss of 1.52 million subscribers in January 2024, following a previous decline of 1.38 million in December […]

Real Estate Investment Trusts (REITs) Push for Direct Bank Lending

The Indian Real Estate Investment Trust (REIT) industry is lobbying for access to direct bank lending and classification as equities, aiming to broaden its financial options and investor appeal. Seeking Access to Direct Bank Lending The Indian REITs Association (IRA), a newly formed umbrella body representing the sector, consisting of four listed entities, advocates for […]

China’s Diplomatic Dilemma: Balancing Aggression and Image Management

During a recent talk in New York, veteran diplomat Liu Jianchao hinted at a potential shift in China’s diplomatic approach, sparking speculation about the future trajectory of its foreign relations strategy. Liu, head of the Chinese Communist Party’s International Department, addressed concerns about China’s past aggressive diplomacy, colloquially known as “Wolf Warrior” style. He downplayed […]