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Tesla refunds early India bookings, hints at market entry

Our Bureau New Delhi Tesla Inc. has begun refunding early reservation holders of its Model 3 in India, hinting at an official entry by the American electric vehicle (EV) giant into the world’s third-largest automobile market. In emails sent to...

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Singapore’s GIC Invests $300 Million in Indian Hotel Venture

Our Bureau Singapore Singapore's sovereign wealth fund, GIC, is significantly expanding its investments in India's hospitality sector through a $300 million joint venture with SAMHI Hotels, an Indian hotel ownership and asset management platform. The partnership aims to develop upscale...

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Canada’s MB Chicken Launches Flagship Store in Chandigarh

Our Bureau Chandigarh MB Chicken, Canada’s renowned premium fried chicken brand, has officially opened its flagship outlet in Sector 35C, Chandigarh, marking its debut in the Indian market. The launch event was celebrated with grandeur, signaling the brand’s entry into...

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Apple plans to make all US iPhones in India by 2026

Our Bureau New Delhi In a latest development in the ongoing US-China tariff war, Apple is reportedly planning to shift the assembly of all iPhones sold in the United States to India by 2026. The step is significant given China’s...

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World Bank, IMF slash India’s growth forecast

Our Bureau New Delhi Citing global economic weakness and policy uncertainty, the World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent. The financial institution had earlier projected India's growth at...

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JD Vance urges India to drop non-tariff barriers

Our Bureau Jaipur US Vice President JD Vance has requested India to lower certain non-tariff barriers that make for a difficult market access for American companies, citing it as a necessary step toward before finalising a comprehensive trade agreement between...

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Adani Ports Buys Australian Terminal

Our Bureau Mumbai Adani Ports, India's largest private port operator, has announced its acquisition of the North Queensland Export Terminal in Australia for $2.5 billion. The deal, structured as a non-cash transaction, involves Adani Ports issuing 143.8 mn shares to...