New Delhi: India has emerged as the third most improving country in terms of its business environment, according to a report by The Economist Intelligence Unit (EIU). This improvement is attributed to strides made in areas such as foreign direct investment policy, foreign trade, exchange controls, and the tax regime.

Mumbai, March - In a significant move, Reliance Industries Limited (RIL) and The Walt Disney Company have successfully completed their strategic media assets merger, giving birth to a formidable Rs 70,352 crore joint venture. This ambitious joint entity is expected to revolutionize the Indian media and entertainment landscape. As

In a recent interview with Mint, Satish Gidugu, CEO of India's largest third-party administrator Medi Assist, revealed that the growth rate of corporate hiring is slowing down, resulting in lower growth rates for healthcare insurance premiums. However, he noted that employees are taking advantage of add-ons and additional covers beyond

New Delhi: Fast-rising quick commerce platforms Blinkit, Swiggy Instamart, Zepto, and Flipkart Minutes are poised to capture around 50 per cent of India's Kirana sales market share, potentially reaching a whopping business of Rs 332,000 crore by 2024. According to a comprehensive survey conducted by Datum Intelligence, the quick

Mumbai, India - March 2023: Shares of newly-listed food delivery and quick commerce major Swiggy declined nearly 6 percent on the second day of trading, Thursday, following its successful initial public offering (IPO) that received a significant response from investors. The stock tumbled 5.72 percent to Rs 429.85

Hamburg, Germany - Siemens AG is considering significant job cuts in its factory automation business after reporting a stunning 46% plunge in profit at its flagship digital industries division. In an interview on Thursday, Chief Executive Roland Busch revealed that the company might cut up to 5,000 jobs worldwide

Bangalore-based logistics services provider Porter is set to receive a massive investment of $100 million from private equity companies, valuing the decade-old startup at a whopping $1.1-$1.2 billion, according to sources. The new funding round, which will involve both primary and secondary share sales, has been initiated

In a bid to support the growing needs of small businesses, Mastercard has officially launched Biz360, a cutting-edge digital solution designed to streamline essential operations and save entrepreneurs time and money. The new platform allows small business owners to consolidate their daily tools, tasks, and digital engagements into one seamless

Kabul, Afghanistan - Mirwais Azizi, the founder and chairman of the Azizi Group of Companies, is widely recognized as the wealthiest person in Afghanistan. Often referred to as the "Mukesh Ambani of Afghanistan," Azizi's business empire spans across various industries, including real estate, banking, investments, petroleum, and hospitality. Azizi's diverse

SanFrancisco, CA - Sonos, the premium wireless speaker maker, reported a dismal fiscal fourth-quarter, with revenue dropping 16% year-over-year and unit sales falling 17%. The company's woes were attributed to its disastrous new app launch, which left customers unable to connect or use their speakers, causing widespread frustration. The issue

In a move that could potentially expand its user base and boost its competitiveness in the market space, Amazon is set to integrate its Q AI chatbot with Microsoft's Office 365 service. According to an internal document obtained by Business Insider, Amazon plans to launch a new Q add-in for

In a year where India's rich list saw some of its most significant changes, two brothers-in-law - Mukesh Ambani and Gautam Adani - have emerged as the leading figures in the Indian business world. Their relentless pursuit of wealth and influence has pushed each other to unprecedented heights, sparking intense

In an era where technology has become the backbone of every industry, engineers are being asked to think beyond their technical skills and incorporate business acumen into their work. With the rise of entrepreneurial engineers, who combine technical expertise with business knowledge, companies are reaping the benefits of innovative products

Mumbai, India - Businesswoman and philanthropist Nita Ambani is at the helm of some of India's most impactful ventures. With her strategic vision and commitment to excellence, she leads several businesses that are revolutionizing various sectors. As the chairperson of Reliance Foundation, a philanthropic initiative founded in 2010, Nita Ambani

New Delhi: In a significant move to address mounting concerns over consumer welfare, the Central Consumer Protection Authority (CCPA) has initiated a detailed probe into alleged "deficiencies" in Ola Electric's services and products, particularly its scooters. The regulator has also asked the Bureau of Indian Standards (BIS) to verify the

Zurich, Switzerland - In a move to cut costs and revamp its struggling factory automation business, Siemens CEO Roland Busch announced on Thursday that the company could cut up to 5,000 jobs worldwide. The announcement comes after Siemens reported a massive 46% decline in profit at its flagship digital

New Delhi, Dec 2023: For the first time this year, Business Today has announced its list of the Most Powerful Women in Indian Business, an exclusive recognition of women who have been instrumental in shaping the business landscape through their transformative leadership and innovative contributions. This esteemed recognition is reserved

In a move aimed at reinvigorating its respective businesses and unlocking growth potential, Tata Motors Limited has announced plans to demerge its commercial vehicles (CV) and passenger vehicle (PV) divisions. The decision is part of a broader strategic plan aimed at maximizing value for shareholders and optimizing operational effectiveness. The

A group of eight faculty and alumni members from Porto Business School, Portugal, arrived at the Symbiosis International Management Institute Manipal (SDMIMD) on an exchange tour that will culminate on November 16. Led by Dr. Susana Leāo, Director of Legal and Institutional Affairs from Porto University, the team is expected

Kuala Lumpur, Malaysia - The role of engineers has evolved significantly in today's dynamic and tech-focused world. Beyond technical problem-solving, engineers are now expected to think strategically about how their work can impact the business, market, and society. According to various universities, entrepreneurs with engineering skills have become increasingly valuable

In a bid to attract the crème de la crème of Bengaluru, Koramangala 3rd Block has emerged as one of the city's most prestigious addresses, earning itself the nickname 'Billionaire Street.' This exclusive neighbourhood in Southeast Bengaluru is home to high-profile residents, including startup founders, CEOs, politicians, and real

Mumbai, India - Nita Ambani, a visionary businesswoman and philanthropist, is leading the charge in various sectors with her groundbreaking ventures. As the Chairperson of Reliance Foundation and co-owner of the successful IPL team Mumbai Indians, Ambani has revolutionized India's sports and entertainment industries. Revolutionizing Education: Dhirubhai Ambani International School

India's startup ecosystem is witnessing a significant surge in venture capital inflows, with the country reportedly securing over $3 billion in investments for startups across major sectors such as fintech, edtech, and healthcare. Major players like Growtify and Eduspark have secured lucrative funding rounds, further fueling the growth momentum of

Los Angeles, USA - The tenure of Eric Garcetti as the United States Ambassador to India has been marred by controversy, with the outgoing envoy facing criticism for his baffling statements, selective amnesia, and blatant disregard for India's legitimate concerns. Garcetti's diplomatic efforts have been perceived as tone-deaf and irresponsible,

MUMBAI, INDIA - In the heat of a re organisation transaction, employers often overlook the employment status of their workforce. Companies are faced with the daunting task of deciphering labour laws applicable to employees impacted by the proposed change. One crucial aspect is to classify employees under the Industrial Disputes