Articles for author: Market News

Market News

India extends anti-subsidy duty on Chinese pesticides to protect local industries from damaging subsidized imports. Trade tensions escalate.

India extends anti-subsidy duty on Chinese pesticides to protect local industries from damaging subsidized imports. Trade tensions escalate.

India has decided to extend the anti-subsidy duty on a Chinese pesticide chemical, Atrazine Technical, for an additional five years to protect local manufacturers. This move follows recommendations from the commerce ministry’s investigation body, DGTR, which found that the duty has supported Indian producers by allowing them to expand their operations. The new duty rates ...

Market News

Madhabi Puri Buch and her husband deny accusations of corruption, claiming the allegations are malicious and fraudulent, threatening legal action.

Madhabi Puri Buch and her husband deny accusations of corruption, claiming the allegations are malicious and fraudulent, threatening legal action.

Madhabi Puri Buch, the chairperson of the Securities and Exchange Board of India (Sebi), along with her husband Dhaval Buch, has responded to allegations made by Congress regarding conflicts of interest and corruption. The couple claims these accusations are baseless and deliberately twisted to create a false narrative against them. They assert that all disclosures ...

Market News

Ford plans to revive its Chennai factory for exports, marking a dramatic return to the Indian market after its 2021 exit.

Ford plans to revive its Chennai factory for exports, marking a dramatic return to the Indian market after its 2021 exit.

Ford Motor Company has announced plans to reopen its Chennai factory, focusing on production for export markets. This move marks the company’s return to the Indian Market after it halted production in August 2022. Kay Hart, president of Ford’s international markets group, has submitted a letter of intent to the Tamil Nadu government, which is ...

Market News

Mumbai’s Jio World Plaza unveils India’s first Armani Cafe, blending luxury dining with Italian elegance amidst a bustling global brand scene.

Mumbai’s Jio World Plaza unveils India’s first Armani Cafe, blending luxury dining with Italian elegance amidst a bustling global brand scene.

Reliance Retail has launched India’s first Armani/Caffè at Jio World Plaza in Mumbai, marking the world’s fifth location of this high-end café brand by Italian designer Giorgio Armani. The café, located next to the Giorgio Armani boutique in the upscale Bandra Kurla Complex, offers a chic atmosphere with muted blues and elegant palm designs. With ...

Market News

Nazara invests ₹982 crore in Moonshine Technology, acquiring a significant stake in India’s leading online poker platform, PokerBaazi.

Nazara invests ₹982 crore in Moonshine Technology, acquiring a significant stake in India’s leading online poker platform, PokerBaazi.

Nazara Technologies has announced a significant investment of Rs 982 crore in Moonshine Technology, the parent company of India’s leading online poker platform, PokerBaazi. This deal includes Nazara acquiring a 47.7 percent stake in Moonshine for Rs 831.51 crore, which comprises both cash and a share swap. Additionally, Nazara plans to invest another Rs 150 ...

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