 "Uttar Pradesh CM Yogi Adityanath heralds a new era of growth, unveiling Ikea’s store foundation, boosting investment and employment.")
Uttar Pradesh Chief Minister Yogi Adityanath recently laid the foundation stone for an Ikea store in Noida during a virtual event from Lucknow. He highlighted that over the past seven and a half years, Uttar Pradesh has gained the trust of both domestic and international investors, making it a preferred investment hub in India. Adityanath ...
 "Post-pandemic, investors have gained sophistication, boosting the wealth management industry, especially in India, as capital market participation surges.")
Shiv Gupta, the founder and CEO of Sanctum Wealth, shares insights on the evolving wealth management industry in the Asia-Pacific region. Following the pandemic, investors have become increasingly sophisticated, contributing to a rise in capital Market participation and risk-taking. Gupta highlights the tremendous growth of the wealth management sector, especially in India, which is emerging ...
 "Maharashtra approves a billion semiconductor plant by Adani and Tower, promising 5,000 jobs and boosting India’s chip production capacity.")
Maharashtra’s government has approved a major semiconductor fabrication unit to be built in Panvel, Mumbai, through a collaboration between the Adani Group and Israel’s Tower Semiconductor. This project, involving an investment of approximately Rs 83,947 crore ($10 billion), aims to produce 80,000 semiconductor wafers monthly in two phases. The first phase will invest Rs 58,763 ...
Industrial Training Institutes (ITIs) in India have shown improved performance, signaling better employment prospects for students. In the latest grading by the Ministry of Skill Development and Entrepreneurship, nearly 19% of approximately 15,000 ITIs scored above 8 out of 10, up from 12.4% last year. The highest scorers, with grades of 9.6, are located in ...
 "Reliance Triumphs in EV Battery Production Bid, Boosting India’s Green Future")
Reliance Industries has won a bid to produce electric vehicle (EV) batteries under India’s production-linked incentive scheme. The government announced this on September 4, 2024. Reliance can manufacture up to 10 gigawatts of advanced chemistry cells (ACCs), which are essential for EVs. They outperformed six competitors, including Amara Raja Energy and JSW Energy. This initiative ...
 "Vedanta Approves Massive Rs 20 Dividend, Boosting Total Payout to ₹13,474 Crore")
Vedanta, led by Anil Agarwal, has declared a third interim dividend of Rs 20 per share for the current financial year, bringing the total payout for FY25 to Rs 13,474 crore. Earlier this year, the company approved a first interim dividend of Rs 11 per share and a second of Rs 4 per share. The ...
Renowned investor Warren Buffett’s company, Berkshire Hathaway, has disclosed a substantial investment of over $6 billion in the insurance giant Chubb. This major investment announcement has caused Chubb’s share prices to soar. This move by Buffett’s Berkshire is set to have a significant impact on the insurance industry, with many eyes on how this development ...
