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MUMBAI (Reuters) -S&P Global Ratings on Thursday upgraded India's long-term sovereign credit rating to 'BBB' from 'BBB-', the first upgrade in 18 years, citing strong economic growth, improved monetary policy credibility, and sustained fiscal consolidation. Fitch has rated India at 'BBB-' since 2006 while Moody's has had a 'Baa3' rating in place since June 2020. The upgrade follows S&P's decision in May 2024 to revise India's outlook to positive from stable, driven by robust growth and better ...Read More >
Chennai -- In a landmark development poised to transform India's sports entertainment landscape, Prasar Bharati, the national public broadcaster, has signed a strategic Memorandum of Understanding (MoU) with AEx SPORT, the sports innovation vertical of UK-headquartered AdiGroupe, to broadcast Global League Wrestling (GLW) -- the first professional wrestling league of its kind in India and the Asia-Pacific region. This unique collaboration brings together the expansive national reach of Prasar B ...Read More >
VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with na ...Read More >
Mumbai - Today, IBM (IBM: NYSE) announced the opening of the company's new IBM India Client Experience Center in Mumbai. As part of the facility's mission to support Indian enterprises' use of AI, hybrid cloud, and quantum computing, the company has signed a Letter of Intent (LOI) with the Government of Maharashtra to identify opportunities of support for the state's quantum initiatives. The LOI outlines areas of exploration that may include providing insight, knowledge, and expertise the state ...Read More >
PRNewswire Mumbai (Maharashtra) [India], August 14: Medulla Communications Pvt. Ltd., one of the world's most awarded healthcare-specialist advertising agencies, has announced the launch of its new hub in Singapore. With over 15 years of experience in solving complex healthcare challenges, Medulla is now looking to create a super-specialist category as the first digital healthcare advertising agency in Asia. New Hub to Deliver Scalable, Specialist Healthcare Marketing Solutions Across APAC. Me ...Read More >
Mumbai (Maharashtra) [India], August 14: Medulla Communications Pvt. Ltd., one of the world's most awarded healthcare-specialist advertising agencies, has announced the launch of its new hub in Singapore. With over 15 years of experience in solving complex healthcare challenges, Medulla is now looking to create a super-specialist category as the first digital healthcare advertising agency in Asia. New Hub to Deliver Scalable, Specialist Healthcare Marketing Solutions Across APAC. Also Read | Ne ...Read More >
New Delhi, Aug 14 (SocialNews.XYZ) Easing inflation and favourable monsoon boosted rural demand in India in the April-June period this year, outpacing urban consumption once again, according to a new report. According to the report by global research firm NielsenIQ, rural markets and small manufacturers propelled the packaged consumer goods sector in Q2 2025. Rural markets grew twice as fast as cities, as urban areas showed signs of recovery, particularly in smaller towns. According to the re ...Read More >
Mumbai, Aug 14 (SocialNews.XYZ) The Indian benchmark indices opened flat on Thursday, as IT and pharma stocks showed considerable gains. The BSE Sensex advanced 0.15 per cent to 80,657 points. The Nifty 50 inched up to 24,638, up 21 points or 0.08 per cent. Among the broader market indices BSE SmallCap added 0.12 per cent and the BSE MidCap climbed 0.30 per cent. Sectorally, Nifty Metal lost 1.05 per cent while Nifty IT and Nifty Pharma surged 0.76 per cent and 0.93 per cent, respectively. Th ...Read More >
India's top 10 merchandise export destinations in 2024 list: Together, the top 10 countries notably make up 51% of India's total share of merchandise export percentage in 2023-24, with the US leading at 17.90%, India's top 10 merchandise export destinations in 2024: Amid rising global economic instability, marked by trade conflicts and tariff disputes, India's exports have reached USD 778.21 billion in 2023-24. It saw a historic rise of 67 per cent over the past decade (2013-14), according to ...Read More >
New Delhi [India], July 19 (ANI): Indian Initial Public Offering (IPO) activity in the first half of 2025 recorded 108 deals raising USD 4.6 billion, demonstrating market resilience despite a 30 per cent decline in transaction volume compared with the previous period, according to a report compiled by EY. According to the report, fundraising proceeds declined only marginally by 2 per cent, indicating that while fewer companies accessed public markets, the quality and scale of offerings remained ...Read More >
The International Finance Corporation (IFC) is investing $20 million in Transvolt Mobility, marking its first equity investment in an electric vehicle fleet platform. This investment aims to help Transvolt expand its fleet to 3,500 vehicles, creating 8,200 jobs over the next five years. It also supports India's clean mobility goals by deploying heavy commercial EVs across various sectors. International Finance Corporation (IFC) will provide $20 million equity investment in Transvolt Mobility, m ...Read More >
Investing.com -- Shares of Wise (LON:WISEa) fell sharply on Thursday after the company's fiscal first-quarter results came in below expectations, weighed down by increased currency market volatility. The fintech firm posted underlying income of £362 million ($485 million) for the three months ending in June, falling short of the £372 million average estimate from analysts surveyed by Bloomberg. Despite the miss, Wise reaffirmed its full-year outlook, maintaining guidance for up to 20% growth ...Read More >
India's office market is experiencing a record-breaking year, with leasing activity reaching an all-time high of 48.9 million sq ft in the first half of 2025. This surge is fueled by strong demand from GCCs, a resurgence in IT services, and the expansion of flexible workspaces. Consequently, vacancy rates are declining, and rental values are increasing across key markets. India's office market is on track for a record-breaking year, with 48.9 million sq ft of space leased in the fi rst half of ...Read More >
Hexaware Tech shares have risen 30 percent in the last three months. Shares of Hexaware Technologies rose 3 percent to Rs 882 in morning deals on July 17 after the compnay announced the acquisition of Tech SMC Square India and Tech SMCSquared (GCC) India in a deal valued at up to Rs 1,029 crore, marking a significant step in its strategy to scale up in the rapidly expanding Global Capability Center (GCC) space. The transaction, which is structured entirely in cash, includes an upfront payout o ...Read More >
KOLKATA: An FIR has been lodged against Hasin Jahan, the estranged wife of cricketer Mohammed Shami and Arshi Jahan, Hasin's daughter from her first marriage at Suri in Birbhum district in West Bengal. A few days ago, a conflict erupted over a plot of land in the Sonator area under ward no. 5 of Suri Municipality. The land reportedly belongs to Arshi and it is alleged that neighbor Guddu Bibi was trying to encroach that land. It is alleged that after the construction work started on the land o ...Read More >
New Delhi, Jul 17 (PTI) Global food & beverages major PepsiCo on Thursday said international sales of its convenient foods business (snacks) logged a 4 per cent organic revenue growth in the second quarter of 2025, helped by a "good performance" in markets including India. However, its International Beverages Franchise (IBF) segment, which focuses on the bottling and distribution of PepsiCo's beverage brands outside of North America, had "a decline in India" in the second quarter. "Pepsi has g ...Read More >
New Delhi, Jul 15 (PTI) As Tesla announced its foray into the Indian market on Tuesday, Liberty General Insurance and ACKO said they have become insurance partners for the American electric carmaker in India. Liberty General Insurance said it has developed a suite of finely tuned protection plans that complement Tesla's engineering and performance excellence while anticipating the distinct needs of EV users. "At Liberty, we're deeply honoured to be among Tesla's preferred insurance providers f ...Read More >
Mumbai: Global EV giant Tesla Tuesday made its much-awaited entry into India, launching its Model Y with price starting at Rs 59.89 lakh while opening its first experience centre in Mumbai. Tesla, led by American tech billionaire Elon Musk who had in the past cited India's high import tariffs for the company not entering the country earlier, will be importing the Model Y as a completely built unit (CBU), from its Shanghai manufacturing facility in China. The mid-sized electric SUV Model Y, whi ...Read More >
Mumbai, Jul 15 (PTI) Global EV giant Tesla on Tuesday made its much-awaited entry into India, launching its Model Y with price starting at Rs 59.89 lakh while opening its first experience centre here. Tesla, led by American tech billionaire Elon Musk who had in the past cited India's high import tariffs for the company not entering the country earlier, will be importing the Model Y as a completely built unit (CBU), from its Shanghai manufacturing facility in China. The mid-sized electric SUV M ...Read More >
Bengaluru: India ranks among world's top 10 tech markets in 2025, particularly standing out in terms of talent availability, with its top six cities making the top 10 list for tech talent acquisition in the Asia-Pacific region, a report showed on Thursday. The Asia Pacific region is gaining momentum as a global tech talent hub, being home to three of the world's top 10 locations - Bengaluru in India, Tokyo in Japan and Beijing in China, said the report from Colliers. "India is a powerhouse of ...Read More >
India celebrates a new UNESCO World Heritage Site. The 'Maratha Military Landscapes of India' joins the prestigious list. This includes 12 forts, mainly in Maharashtra, with one in Tamil Nadu. Prime Minister Narendra Modi expressed his joy. He highlighted the Maratha Empire's good governance and social welfare focus. The inscription occurred at the 47th World Heritage Committee session in Paris. Prime Minister Narendra Modi on Saturday stated that every India is elated with this recognition and ...Read More >
New Delhi: Delhi govt has announced a city-wide rollout of underground electric wiring as part of a Rs 100-crore initiative. The move aims to ensure a safer, cleaner and uninterrupted power supply for residents across the capital, chief minister Rekha Gupta said on Saturday while launching the city's first pilot project of underground wiring in Shalimar Bagh.Gupta said the work at her constituency Shalimar Bagh would be completed in approximately three months. At least 5,500 families residing in ...Read More >
Mumbai: Business tycoon Gautam Adani, who recently secured the second position in Forbes' top 10 Indian billionaires list, revealed his future plans in the Artificial Intelligence industry. The Adani Group is mulling to build an AI-first multidisciplinary healthcare ecosystem in India. This system aims to be affordable, scalable, and incorporate international standards of care. While addressing a gathering at the 5th Annual Conference of the Society for Minimally Invasive Spine Surgery - Asia P ...Read More >
Mumbai (Maharashtra) [India], July 12 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Saturday extended his congratulations to the followers of Chhatrapati Shivaji Maharaj following the recognition of 12 forts associated with the Maratha king as UNESCO World Heritage sites. 'I congratulate the followers of Chhatrapati Shivaji Maharaj on this historic achievement. I express my gratitude to Prime Minister Narendra Modi for nominating these forts for UNESCO recognition. I am confident that ...Read More >
BENGALURU - The fuel control switch went off within three seconds of take-off, leading both engines to shut down moments before the Air India Boeing 787 London-bound flight crashed in Ahmedabad, said a preliminary report by the Indian government. The 15-page report was released by India's Aircraft Accident Investigation Bureau (AAIB) late on July 11, detailing findings from its probe into the plane crash on June 12 that killed 260 people - 229 passengers, 12 crew members, and 19 individuals o ...Read More >
Mumbai (Maharashtra) [India], July 12 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Saturday extended his congratulations to the followers of Chhatrapati Shivaji Maharaj following the recognition of 12 forts associated with the Maratha king as UNESCO World Heritage sites. 'I congratulate the followers of Chhatrapati Shivaji Maharaj on this historic achievement. I express my gratitude to Prime Minister Narendra Modi for nominating these forts for UNESCO recognition. I am confident that ...Read More >
Mumbai (Maharashtra) [India], July 12 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Saturday extended his congratulations to the followers of Chhatrapati Shivaji Maharaj following the recognition of 12 forts associated with the Maratha king as UNESCO World Heritage sites. "I congratulate the followers of Chhatrapati Shivaji Maharaj on this historic achievement. I express my gratitude to Prime Minister Narendra Modi for nominating these forts for UNESCO recognition. I am confident that ...Read More >
New Delhi: Prime Minister Narendra Modi on Saturday stated that every Indian is elated with this recognition and said when we speak of the glorious Maratha Empire, we associate it with good governance and emphasis on social welfare as 'Maratha Military Landscapes of India' got inscribed on the UNESCO World Heritage List, becoming India's 44th property to receive this recognition. In a post on X, PM Modi said, "Every Indian is elated with this recognition. These 'Maratha Military Landscapes' inc ...Read More >
New Delhi: In a win for India, 'Maratha Military Landscapes', representing extraordinary fortification and military system envisioned by the Maratha rulers, was on Friday inscribed on the coveted UNESCO World Heritage List. This is India's 44th property to receive the recognition. "This global accolade celebrates India's enduring cultural legacy, showcasing its diverse traditions of architectural brilliance, regional identity and historical continuity," the Culture Ministry said. Prime Minister ...Read More >
New Delhi [India], July 12 (ANI): In a remarkable decision taken at the 47th Session of the World Heritage Committee, India's official nomination for 2024-25 cycle, 'Maratha Military Landscapes of India' got inscribed on the UNESCO World Heritage List, becoming India's 44th property to receive this recognition. This global accolade celebrates India's enduring cultural legacy, showcasing its diverse traditions of architectural brilliance, regional identity, and historical continuity. Prime Mini ...Read More >
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