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Govt eases shipping rules for GIFT City to spur maritime leasing, finance
GIFT City IFSC units are now exempt from a specific shipping license. This exemption aims to boost India's maritime leasing and financing ecosystem. The move simplifies regulations for international trade operations and foreign vessel chartering. It is expected to attract global capital and encourage maritime business activities. This reform supports India's vision for a leading maritime services center.
India sweetens the deal for global electronics manufacturers
India is expanding electronics manufacturing by offering customs duty concessions on machinery. These incentives aim to attract investment in critical components and advanced equipment. The government seeks to deepen the domestic electronics ecosystem beyond final product assembly. This policy supports the growth of India's electronics production and export capabilities. New Delhi is positioning India as a comprehensive electronics manufacturing hub.
India continues to emerge as preferred destination for Global Capability Centres, says FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has said India continues to emerge as a preferred destination for Global Capability Centres (GCCs) because of its skilled and strong institutions and innovation ecosystem. Addressing the CII National GCC Business Summit in New Delhi, the Finance Minister said, the country hosts more than 2100 GCCs employing 23 lakh professionals directly and generating nearly 100 billion US dollars in annual revenue. She said Global Capability Centres represent transformation by bringing together engineering, research, artificial intelligence, cybersecurity, finance, product design, and data science to drive continuous innovation. Ms Sitharaman said, MNCs are now more likely to build their next capability centres in India than anywhere else. She highlighted that Indias GCC ecosystem represents the worlds largest organised knowledge export. The Finance Minister said, Indian GCCs are assuming a growing share of global leadership mandates and strategic decision-making
Stock Market LIVE Updates, Sensex Today: Stock Market Likely To Open Flat Today Amid Mixed Global Market Cues - NDTV
Stock Market LIVE Updates, Sensex Today: Stock Market Likely To Open Flat Today Amid Mixed Global Market CuesNDTV
Baskin Robbins' operator keen on Dunkin' India ops
Baskin Robbins' operator Graviss Group is reportedly in talks to acquire the India rights for Dunkin' Donuts from its global parent, Inspire Brands. This comes after Jubilant FoodWorks decided to exit its 15-year franchise deal due to mounting losses. If the deal materializes, Graviss is expected to revamp Dunkin's business in India, potentially introducing more localized offerings and a broader menu to revive the struggling donut-and-coffee concept.
Maya Tata set to take charge of Westside's digital growth, speed up global expansion
Maya Tata is set to spearhead Westside's e-commerce marketing as the fashion retailer gears up for aggressive global expansion. Leveraging her digital expertise, she will drive online growth for the brand, which is also rapidly increasing its store count domestically. This strategic move aligns with Trent's ambition to build Indian brands with international appeal, as evidenced by Westside's recent foray into the UAE.
Container manufacturing scheme aims for 10x rise in domestic capacity: Sarbananda Sonowal
India has successfully manufactured its first export-import shipping container for global giant A.P. Moller-Maersk, marking a significant stride towards self-reliance in maritime manufacturing. This achievement, a direct result of Prime Minister Modi's 'Make in India' vision, underscores growing international confidence in India's capabilities.
Stock Market Highlights, Sensex Today: Sensex Settles 261 Points Higher Amid Mixed Global Cues - NDTV
Stock Market Highlights, Sensex Today: Sensex Settles 261 Points Higher Amid Mixed Global CuesNDTVClosing Bell: Nifty above 24,250, Sensex gains 262 points led by IT, pharma, realtyMoneycontrol.comIndia shares higher at close of trade; Nifty 50 up 0.39%Investing.com IndiaNifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 3 Julylivemint.comTaking Stock: Market rally extends to third straight session; Nifty closes at 24,270, Sensex gains 262 ptsMoneycontrol.comStock Market Highlights, Jul 3: Sensex climbs 300 pts, Nifty above 24,200 as markets pare gains; IT stocks sustain rallyBusinessLineStock Market Today Highlights, July 2: Sensex settles 580 pts higher at 77,502.12; and Nifty 50 rises 0.71% to 24,175.70BusinessLineSensex today | Stock Market Highlights: Stock markets bounce back after two days of decline; Sensex jumps 444 pointsBusinessLineIndia stocks higher at close of trade; Nifty 50 up 0.39%Investing.com
Stock Market Highlights, Sensex Today: Sensex Settles 249 Points Lower Amid Mixed Global Cues - NDTV
Stock Market Highlights, Sensex Today: Sensex Settles 249 Points Lower Amid Mixed Global CuesNDTV
Stocks in news: Bajaj Auto, ZEE, BPCL, HDFC Bank, HUL, Tata Motors CV
Indian markets saw a subdued trading session on Monday, with key indices declining due to mixed global signals and profit-taking. Several prominent companies like Bajaj Auto, ZEEL, BPCL, HDFC Bank, and HUL are in focus today due to significant corporate developments. These include share buybacks, foreign investments, leadership appointments, and strategic acquisitions, signaling active corporate maneuvering amidst market fluctuations.
Big boost for Zee Media Corporation! Mauritius-based FII raises stake to 5.04%
Zee Media has disclosed that Magnifica Global Opportunities VCC acquired 4.5 crore convertible warrants, raising its holding to 5.04%. The warrants, issued at ₹8.50 each, are convertible within 18 months. Prior to this, the fund held 0.06% of voting shares.
India Back In Global Top Five Stock Markets As Taiwan, South Korea Fall Below $5 Trillion - NDTV Profit
India Back In Global Top Five Stock Markets As Taiwan, South Korea Fall Below $5 TrillionNDTV Profit