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Read More »In remarkable market debut, Burger King India shares are up nearly 131%
In a remarkable market debut, Burger King India’s stock surged nearly 131% on Monday from its issue price of Rs 60. The shares opened at 115.35 rupees, a whopping 92.25 percent premium to BSE’s issue price. It then closed at Rs 138.40, a gain of 130.66 percent. On the NSE, …
Read More »Article 370 and 35A: The repeal of articles 370 and 35A benefits the Valley, now the Center must provide a healing touch
Having visited Jammu and Kashmir countless times, I have come to the conclusion that this beautiful land, this paradise on earth, is the victim of political mistakes made by the leaders. The people of this beautiful piece of land are paying for the sins of those who have exploited them …
Read More »Ola to establish the world’s largest scooter manufacturing plant in Tamil Nadu
Upon completion, Ola says the factory will create nearly 10,000 jobs and initially have an annual capacity of 2 million units. Aiming to make India a manufacturing hub for electric vehicles, the mobility platform Ola on Monday signed an MoU (Memorandum of Understanding) with the government of Tamil Nadu for …
Read More »Farmers’ protests spark telecom war, Jio goes to regulator against rivals
Reliance Jio Infocomm, promoted by billionaire Mukesh Ambani, wrote to the regulator of the Telecommunications Regulatory Authority of India (TRAI) on Monday seeking action against Vodafone Idea and Bharti Airtel, amid protests by farmers in Delhi and its surroundings against agricultural laws. Jio highlighted an unethical and anti-competitive Mobile Number …
Read More »Jio accuses Airtel, Vodafone Idea of stoking the anger of farmers against him
Reliance Jio has accused rival companies Bharti Airtel and Vodafone Idea of unethical marketing practices to stoke farmers’ anger at the company and grow its own customer base. While Vodafone Idea did not immediately react to Jio’s charges, Airtel called the complaint unfounded and asked the government to dismiss it. …
Read More »Explained: Formal offers for Air India are closed, who will the Maharaja turn to?
Written by Pranav Mukul, edited by Explained Desk | New Delhi | Updated: December 14, 2020 8:57:57 pm This is the government’s second attempt to divest its stake in Air India. (Source: Air India / Twitter) The Center has said it has received “multiple expressions of interest” from Air India, …
Read More »IPhone maker Wistron mourns conspiracy, may reverse India’s expansion plans
Claiming it was a planned conspiracy to loot and rob manufacturing facilities near Bengaluru, sources have said that the Taiwan-based Wistron conglomerate is deliberating whether it should continue its expansion in Karnataka. The company that makes iPhones at the factory, in addition to other IoT products located in the state’s …
Read More »Difficulty for DHFL lenders as Oaktree manages to outperform Piramal
US-based asset management fund Oaktree Capital has become the highest bidder for bankrupt home finance firm DHFL by bidding Rs 36,646 crore for the entire company, which includes deferred payments and Rs 11,646 crore in advance to lenders. However, the Piramal group offered Rs 13,000 crore in cash up front …
Read More »Farmers Protests: Reliance Jio Complains Against Airtel, Vodafone-Idea – Latest News
Reliance Jio has reportedly complained to telecoms regulator Trai against rivals Vodafone Idea and Bharti Airtel. According to a report by the Economic Times (ET), the company has sent a letter to Trai alleging vicious campaigning on the part of its rivals. The letter claims that Vodafone Idea and Airtel …
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