Vistara will cease operations on November 12, 2024, as it merges with Tata Group’s Air India. Passengers can book flights through Air India’s website, with Vistara flights maintaining their brand until November 11. Singapore Airlines has secured a 25.1% stake in the merged airline following Indian government approval for foreign investment. Vistara’s frequent flyer program, ...
 "India’s manufacturing sector surged in FY23, adding 1.3 million jobs and showing robust growth amid post-pandemic recovery.")
India’s manufacturing sector experienced significant job growth in FY23, adding 1.3 million new positions, up from 1.1 million in FY22. Data from the National Statistical Organisation shows a 7.4% rise in employment, reaching 18.5 million workers. This positive trend correlated with a 7.3% increase in the sector’s gross value added, totaling Rs 21.97 trillion. Key ...
 "Cognizant reveals plans for a major tech hub in GIFT City, promising 2,000 jobs and boosting India’s financial technology landscape.")
Cognizant, a leading global technology firm, is set to open a new techfin centre in Gujarat International Finance Tec-City (GIFT City) in February 2025. This strategic hub will initially support 500 associates, with plans to increase its workforce to 2,000 within three years. The centre will focus on delivering advanced technology solutions for clients in ...
 "Greenzo Energy secures a major hydrogen project in Tamil Nadu, boosting its order book to Rs 1,200 crore, enhancing India’s green initiatives.")
Greenzo Energy has announced a significant multi-crore hydrogen project in Tamil Nadu, boosting its total order book to Rs 1,200 crore. The contract, awarded by the Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO), entails establishing a hydrogen generation plant capable of producing 20 normal cubic meters of hydrogen per hour. This initiative will take ...
 "In a world where land investment is seen as a dream, doubts arise about its true value amid India’s vast unused land.")
Investing in real estate captivates many, especially the middle class, who often dream of owning three homes: a residence, one for a child, and an investment property. Land investment sounds appealing due to the common belief that “they aren’t making any more land.” However, the reality in India presents challenges. With a population of 1.4 ...
 "India’s job market surges with 17.4% demand for data analytics skills, leading the world in AI and ML opportunities.")
As artificial intelligence (AI) and machine learning (ML) become integral to the workplace, the demand for skilled professionals in these fields is growing rapidly, especially in India. According to a report by Cornerstone, 17.4% of job postings in India seek data analytics skills. Since 2019, global job postings in AI and ML have surged by ...
 "L&T Semiconductor aims to launch indigenous chips by 2026, reducing India’s tech dependency and ensuring strategic product retention.")
L&T Semiconductor Technologies, a fabless chip company, is gearing up to begin manufacturing its own semiconductor products within the next two years. CEO Sandeep Kumar announced that the company aims to set up chip manufacturing plants once it reaches revenue targets between USD 50 million and USD 1 billion. Currently, L&T is developing teams to ...
India’s judiciary is experiencing significant changes, especially with recent Supreme Court rulings that emphasize bail rights and curb ‘bulldozer justice.’ The release of individuals previously held under stringent laws marks a shift that could improve India’s ranking in global democracy assessments, highlighting a renewed commitment to democratic values. The government’s new term has seen a ...
 "India’s wealthiest surpasses trillion; household assets soar, driven by equity investments, revealing a shifting financial landscape.")
The wealth of India’s richest individuals has surpassed $1 trillion, reaching an impressive $1.19 trillion, as reported by Fortune India. Additionally, a report from Motilal Oswal reveals that household financial wealth has hit a record high of 115.9% of India’s GDP in the first quarter of FY25. Households have seen their gross financial assets rise ...
India’s foreign exchange reserves have reached a new record high of $692 billion, marking an increase of $2.8 billion for the week ending September 20, as reported by the Reserve Bank of India (RBI). This milestone represents the fifth consecutive week of growth, edging closer to the $700 billion goal. The boost in reserves was ...
