Japan’s leading air conditioning giant, Daikin Industries Ltd, has announced the construction of its largest global manufacturing hub in Sri City, Andhra Pradesh. This massive project spans over 75 acres and represents a major step in making India a global center for air conditioner (AC) production and innovation. The new facility will not only manufacture…
Starbucks, the global coffee giant, has unveiled a sweeping $1 billion restructuring plan that will reshape its operations in North America. The company said it will close underperforming outlets, cut about 900 corporate roles, and funnel resources into stores that deliver growth and profitability (The Guardian). A Response to Declining Sales This dramatic shift comes…
World’s Richest Shake-Up: Ellison Tops Musk In a dramatic twist on Wednesday, Oracle co-founder Larry Ellison briefly claimed the title of the world’s richest person, edging past Elon Musk with an estimated net worth of $393 billion, driven by one of the largest single-day wealth gains ever recorded The Times of India+2Reuters+2. A Sudden Surge…
📢 Mahindra Announces Full GST 2.0 Benefit Mahindra & Mahindra has rolled out major price reductions on its petrol and diesel-powered SUVs, delivering the full benefits of India’s GST 2.0 overhaul directly to customers starting September 6, 2025. Instead of waiting for the GST changes to take effect officially on September 22, Mahindra took the…
The European Commission has ruled that Google abused its dominant position in the ad-tech market, imposing a hefty €2.95 billion ($3.45 billion) fine. Beyond the monetary penalty, authorities have ordered Google to halt self-preferencing practices immediately and propose remedies to resolve conflicts of interest—possibly including structural changes. The ruling, issued on September 5, 2025, followed…
Tesla’s India Launch Stalls Tesla’s entry into India in mid-July 2025 has been far below expectations. As of now, the company has secured just over 600 confirmed orders compared to its year-long target of 2,500 vehicles for 2025. Heading into the year, Tesla planned to import its Model Y from Shanghai and began deliveries in…
New Delhi, August 28, 2025 — Airbus Helicopters has handed Mahindra Aerostructures Pvt. Ltd. (MASPL) a contract to build the main fuselage of its iconic H125 helicopter at MASPL’s Bengaluru facility, marking a significant milestone in India’s Make in India aerospace journey AirbusMahindraMRO Business Today. This development follows Airbus’s move in April 2025, when MASPL…
In a landmark shift in India’s automotive landscape, Mahindra & Mahindra has overtaken Hyundai India to become the country’s second-largest carmaker, snapping Hyundai’s 25-year streak in the process. The Numbers Behind the Shift Between January and July 2025, Mahindra sold 351,065 vehicles, outpacing Hyundai’s 329,782 units—a lead of 21,283 units.This dramatic turnaround comes after last…
Historic Leap: Tata, Iveco United In a move that’s making waves globally, Tata Motors has sealed a landmark acquisition: Italy’s commercial-vehicle giant, Iveco, in a massive all-cash deal worth approximately ₹38,197 crore (about €3.8 billion) ReutersThe Economic TimesFinancial Times. This isn’t just a business win—it’s a dream come true for Ratan Tata, aligning with his…
In June 2025, star investor Rekha Jhunjhunwala orchestrated a full exit from Nazara Technologies, well ahead of the government’s sweeping Online Gaming Bill, effectively insuring her portfolio against losses exceeding ₹334 crore. Her move now stands out as a masterstroke of foresight, given the sharp 18% fall in the company’s shares following the regulatory overhaul…