 "Air India Express plans to eliminate business class seats by 2025 amidst a major fleet expansion and operational restructuring.")
Air India Express is planning to phase out business class seats from its aircraft by 2025. This decision comes as the airline, part of the Tata Group, prepares to merge AIX Connect with itself next month. Currently, Air India Express operates a fleet of 85 aircraft, which is expected to grow to around 100 by ...
 "Daewoo’s bold entry into India’s home appliance market signals ambition, aiming to dominate with smart kitchen innovations and widespread expansion.")
Korean brand Daewoo is making its entrance into the kitchen and home appliances Market in India, following the success of its previous product lines, including LED TVs and inverters. After entering the Indian Market last year, Daewoo has seen strong reception, prompting the company to expand its offerings to include smart kitchen devices. The new ...
 "Ikea embarks on a bold expansion in India, targeting Delhi-NCR with smaller stores and increased online presence by 2025.")
Ikea plans to expand its operations in India, focusing on new markets like Delhi-NCR. The company aims to open smaller stores ranging from 30,000 to 70,000 square feet in areas adjacent to its existing large stores. Starting with online sales in early 2025, Ikea will launch its first physical store in Gurugram by 2026. Currently, ...
 "Ather Energy aims to raise Rs 4,500 crore for expansion amidst India’s booming EV market, despite widening losses and fierce competition.")
Ather Energy, an Indian electric scooter manufacturer, has filed for a ₹4,500 crore (approximately $536 million) initial public offering (IPO) at a valuation of $2.5 billion. This move comes as the company aims to enhance its presence in the booming electric vehicle Market, following the recent IPO of competitor Ola Electric. From the total offering, ...
 "Landmark Group’s Ambitious ₹4,200 Crore Expansion Transforms Delhi-NCR Real Estate")
Landmark Group, a prominent real estate firm, is set to invest Rs 4,200 crore in a new housing and commercial project in the Delhi-NCR region. This investment is part of the company’s strategy to expand its portfolio with a variety of luxury housing, retail, and commercial offerings over the next two years. The upcoming projects ...
 "Jakson’s Bold Solar Expansion: Powering India’s Renewable Future with ₹2,000 Crore Investment")
Jakson Group’s subsidiary, Jakson Engineers, is set to invest Rs 2,000 crore to expand its solar manufacturing operations. This ambitious project includes a new 2,500 MW solar cell manufacturing facility, which will be developed in two phases, along with the expansion of an existing solar module plant to reach a capacity of 2,000 MW. The ...
 "SMFG India Credit Eyes Rs 60,000 Crore AUM with Branch Expansion")
Sumitomo Mitsui Financial Group (SMFG) India Credit is on track to increase its assets under management (AUM) to Rs 60,000 crore by the end of the financial year 2024-25, up from Rs 45,000 crore last year. The company has recently expanded its branch network, adding 300 new branches mostly in Tier 2 cities and rural ...
 "Revamping India’s Financial Landscape: A Call for Comprehensive Service Expansion")
Sanjiv Bajaj, President of the Confederation of Indian Industry, recently addressed the need for a wider distribution of financial services in India. During a CII event in Mumbai, he emphasized that banks are not well-suited for long-term project funding due to a mismatch between their assets and liabilities. Instead, he suggested that funding should come ...
 "Adani Wilmar Eyes Expansion: Billion Acquisition Drive in FMCG Sector")
Adani Wilmar is set to enhance its presence in India’s packaged consumer goods Market with plans to acquire three food companies, backed by a $1 billion acquisition fund. This strategy focuses on brands that specialize in spices, ready-to-cook foods, and packaged edibles, aiming to increase revenue from consumer sectors to 25-30%. The company has already ...
 "\"Mukesh Ambani Unveils RIL’s Ambitious Future: Bonus Shares, Energy Expansion, Retail Surprise\"")
"Mukesh Ambani Unveils RIL’s Ambitious Future: Bonus Shares, Energy Expansion, Retail Surprise"
Mukesh Ambani, Chairman of Reliance Industries (RIL), addressed the 47th annual general meeting in Mumbai on August 29, 2024. He announced key developments, including a proposal to issue 1:1 bonus shares and detailed plans to position RIL among the world’s top 30 companies by leveraging advanced technology and manufacturing. While he didn’t provide updates on ...
