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Minister Gadkari asks automakers to forgo profit initially to capture Indian EV market

Asserting that India has full potential to emerge as a global hub for electric vehicles by 2025, federal minister Nitin Gadkari on Friday asked...

Pandemic keeps Uber in the red as revenue plunges

Uber on Thursday reported that it lost $1.1 billion in the recently ended quarter as the pandemic walloped its ride-hailing business, while boosting its...

Ant Group’s shock IPO suspension hammers Alibaba shares

China's shock, last–minute decision to suspend the record-breaking IPO of fintech giant Ant Group hammered shares of founder Jack Ma's e-commerce titan Alibaba on...

Adani Gas to acquire three city gas licenses in India

Adani Gas Ltd on Wednesday announced the acquisition of city gas licenses for Ludhiana, Jalandhar and Kutch (East) from Jay Madhok Energy for an...

India to unveil another economic stimulus soon

India’s  Finance Minister Nirmala Sitharaman will soon announce the next set of stimulus package to boost the coronavirus-hit economy, Economic Affairs Secretary Tarun Bajaj...

Mercedes rolls out first locally manufactured AMG model in India

German luxury carmaker Mercedes-Benz on Tuesday said it has commenced the local production of its AMG portfolio in India. The company also rolled out its...

The Brandfather

By Andy Marino Salman Amin is the relatively new CEO of pladis, the global biscuits and chocolates giant that is parent to McVitie’s and Godiva,...
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