Results for: Business

Textile and apparel giant Raymond Ltd announced the demerger of its real estate arm, Raymond Realty Ltd, to unlock its growth potential and attract new investors. The demerger will see Raymond shareholders receiving one share of Raymond Realty for every Raymond share they hold. Raymond Realty, with a revenue of Rs 1,593 crore in the last fiscal year, boasts a 100-acre land bank in Thane with ongoing projects valued at Rs 9,000 crore. The company also recently launched its first joint development agreement project (JDA) in Mumbai.

Despite massive investment and optimistic projections, the widespread adoption of AI in businesses remains elusive. While individuals are interacting with AI through services like Google and Spotify, its integration into core business processes is still limited. This article explores the reasons behind this slow adoption, analyzing data and contrasting claims with the current economic reality.

From Vodafone Idea’s mobile tariff hike to the Indian cricket team’s meeting with PM Modi, July 4th is a day packed with events in India and around the world. Here’s a rundown of the key happenings, including political gatherings, legal developments, and cultural celebrations.

Istanbul, a city bridging Europe and Asia, has become a haven for travelers thanks to its visa-free policy for citizens of numerous countries. This ease of entry has significantly boosted tourism, business travel, and film production, making Istanbul a sought-after destination for leisure, corporate events, and cultural experiences.

Anil Ambani, once the sixth richest person globally, experienced a dramatic fall from grace as his business empire crumbled under debt and controversies. His younger brother, Mukesh Ambani, now holds the title of India’s richest man. However, Anil’s sons, Jai Anmol and Anshul, are actively working to revive their father’s legacy, focusing on debt reduction and business expansion. Their efforts are showing signs of success, with Reliance Capital regaining operational strength and Reliance Infrastructure shedding debt.

German automaker Volkswagen, having invested heavily in India, is exploring selling its stake in the Indian market due to low sales and competition. The company’s expensive European cars have failed to capture significant market share. Volkswagen is now focusing on developing affordable cars and advocating for lower taxes on hybrid vehicles in India.

The second edition of Caribbean Days, hosted by the Caribbean Chamber of Commerce in Europe (CCCE), took place in Brussels from June 17 to 24, 2024, showcasing the best of Caribbean culture and business through a series of events. The event featured a cocktail competition, Caribbean cuisine, poetry readings, live music, and a gala dinner, culminating in a Latin dance competition. The event attracted attendees from the public and private sectors, fostering new business opportunities and enhancing the Caribbean’s profile in Europe.

July 1st is a day packed with significant events across India, ranging from business decisions to political developments, legal changes, and international happenings. From price hikes by Tata Motors and Hero MotoCorp to the implementation of three new criminal laws, the day will see a diverse range of activities shaping the nation’s landscape.

Thailand, renowned for its vibrant culture, stunning beaches, and rich history, has become even more accessible for travelers with visa-free entry for citizens of 93 countries. This, coupled with its well-developed infrastructure, makes Thailand a popular choice for both leisure and business travel, attracting a surge in tourism and hosting numerous international events. This article explores the ease of travel, attractions, and key benefits Thailand offers to international visitors.

South Korea has made it easier than ever for travelers from around the world to visit, opening its doors to citizens from 103 countries without requiring a visa. This strategic move has significantly boosted the country’s tourism and business appeal, attracting leisure, business, and corporate travelers alike.