Business Expansion

Growth slowed significantly from a record 18.3 per cent expansion in the January-March period, when the year-on-year growth rate was heavily skewed by the COVID-induced slump.

TSMC board has approved $2.89 billion (roughly Rs. 21,690 crores) in spending to increase capacity, the company said, responding to a global chip shortage that has affected carmakers in particular.

The expansion of the Chamber of Commerce for Rural Women aims to empower over 20,000 women-led small businesses to tap into digital networks for sourcing and selling.

Euler Motors has raised Rs. 30 crore in the fresh round of funding that will be used for a new facility and R&D activities, while the start-up is gearing up to introduce an all-new electric cargo three-wheeler later in the year.

The seasonally-adjusted India Services Business Activity Index rose from 52.3 in December to 52.8 in January, pointing to a quicker expansion in output.

Samsung Galaxy S21 series launch in January hinted by the company’s Head of Mobile Communications Business, TM Roh, through a press note released on Tuesday. Separately, Samsung Galaxy S21 Ultra with Exynos 2100 SoC supposedly appeared on Geekbench. A render showing the front view of the Galaxy S21 also leaked online.

Amazon is taking advantage of the boost the COVID-19 pandemic has given to the e-commerce business in South America's largest economy. The company said on Monday that it had opened three more logistics centers in Brazil, which adds 75,000 square meters (807,000 square feet) of distribution space. It’s Amazon's biggest expansion since it began ope...

India's gross domestic product (GDP) contracted 23.9 per cent in the April-June period - much worse than economists' estimates, official data showed on Monday, as the coronavirus pandemic brought key industries to a halt and rendered millions of people jobless. That marked the worst incidence of negative growth for the economy since 1996, when Indi...

Renault India announced the addition of 17 new sales and service touchpoints, which include 14 showrooms and 3 workshops across India from April to July 2020. The aggressive network expansion is part of a strategic business focus to grow the brand across existing and emerging markets. The new facilities are located in Himachal Pradesh (4 facilities...

Facebook has leased all the office space at the landmark Farley Building, a 1912 Beaux Arts former post office in Manhattan, in a deal that marks a major expansion of the company's business operations in the city.

eliance is expected to emerge as a digital giant following its $20 billion (roughly Rs. 1.5 lakh crores) fund raising spree. Its ambitious digital expansion plan may offer a tough competition to leading US brands such as Amazon, Walmart and Zoom in India.

In the wake of COVID-19 pandemic, the Centre has digitally launched a web-based solution for the healthcare supply chain portal “AarogyaPath”, to provide real-time availability of critical healthcare supplies for manufacturers, suppliers, and customers.

The "Bilateral Virtual Summit" has set a new model of conducting business, Prime Minister Narendra Modi tweeted, shortly after his online summit with Australian Prime Minister Scott Morrison. Various issues covering the "entire expanse" of India-Australia relationship were discussed during the meet, he said.

India's gross domestic product (GDP) grew 3.1 per cent in January-March, official data showed on Friday, reflecting the partial impact of the COVID-19 lockdown on the manufacturing and services sectors. That was much better than economists' estimates, but still lower than 4.1 per cent in the previous quarter. The annual expansion in the GDP stood a...

Finance Minister Nirmala Sitharaman unveiled the first set of measures under the government's "Atma Nirbhar Bharat" economic package on Wednesday to support workers and businesses struck by the nationwide lockdown to curb the coronavirus pandemic. "Essentially this is to spur growth and to build a very self-reliant India," Nirmala Sitharaman said, ...

Growth slowed significantly from a record 18.3 per cent expansion in the January-March period, when the year-on-year growth rate was heavily skewed by the COVID-induced slump.

TSMC board has approved $2.89 billion (roughly Rs. 21,690 crores) in spending to increase capacity, the company said, responding to a global chip shortage that has affected carmakers in particular.

The expansion of the Chamber of Commerce for Rural Women aims to empower over 20,000 women-led small businesses to tap into digital networks for sourcing and selling.

Euler Motors has raised Rs. 30 crore in the fresh round of funding that will be used for a new facility and R&D activities, while the start-up is gearing up to introduce an all-new electric cargo three-wheeler later in the year.

The seasonally-adjusted India Services Business Activity Index rose from 52.3 in December to 52.8 in January, pointing to a quicker expansion in output.

Samsung Galaxy S21 series launch in January hinted by the company’s Head of Mobile Communications Business, TM Roh, through a press note released on Tuesday. Separately, Samsung Galaxy S21 Ultra with Exynos 2100 SoC supposedly appeared on Geekbench. A render showing the front view of the Galaxy S21 also leaked online.

Amazon is taking advantage of the boost the COVID-19 pandemic has given to the e-commerce business in South America's largest economy. The company said on Monday that it had opened three more logistics centers in Brazil, which adds 75,000 square meters (807,000 square feet) of distribution space. It’s Amazon's biggest expansion since it began ope...

India's gross domestic product (GDP) contracted 23.9 per cent in the April-June period - much worse than economists' estimates, official data showed on Monday, as the coronavirus pandemic brought key industries to a halt and rendered millions of people jobless. That marked the worst incidence of negative growth for the economy since 1996, when Indi...

Renault India announced the addition of 17 new sales and service touchpoints, which include 14 showrooms and 3 workshops across India from April to July 2020. The aggressive network expansion is part of a strategic business focus to grow the brand across existing and emerging markets. The new facilities are located in Himachal Pradesh (4 facilities...

Facebook has leased all the office space at the landmark Farley Building, a 1912 Beaux Arts former post office in Manhattan, in a deal that marks a major expansion of the company's business operations in the city.

eliance is expected to emerge as a digital giant following its $20 billion (roughly Rs. 1.5 lakh crores) fund raising spree. Its ambitious digital expansion plan may offer a tough competition to leading US brands such as Amazon, Walmart and Zoom in India.

In the wake of COVID-19 pandemic, the Centre has digitally launched a web-based solution for the healthcare supply chain portal “AarogyaPath”, to provide real-time availability of critical healthcare supplies for manufacturers, suppliers, and customers.

The "Bilateral Virtual Summit" has set a new model of conducting business, Prime Minister Narendra Modi tweeted, shortly after his online summit with Australian Prime Minister Scott Morrison. Various issues covering the "entire expanse" of India-Australia relationship were discussed during the meet, he said.

India's gross domestic product (GDP) grew 3.1 per cent in January-March, official data showed on Friday, reflecting the partial impact of the COVID-19 lockdown on the manufacturing and services sectors. That was much better than economists' estimates, but still lower than 4.1 per cent in the previous quarter. The annual expansion in the GDP stood a...

Finance Minister Nirmala Sitharaman unveiled the first set of measures under the government's "Atma Nirbhar Bharat" economic package on Wednesday to support workers and businesses struck by the nationwide lockdown to curb the coronavirus pandemic. "Essentially this is to spur growth and to build a very self-reliant India," Nirmala Sitharaman said, ...