Author: News Desk

JPMorgan Chase & Co. is preparing to open a new branch in India for the first time in nearly ten years, highlighting the bank’s growing focus on one of the world’s fastest-growing economies. The bank has received in-principle approval from the Reserve Bank of India to establish its fourth branch in Pune, a city near Mumbai, according to sources familiar with the matter. The new branch will cater to corporate clients, providing a full range of services including transaction banking and term lending. A JPMorgan spokesperson confirmed the in-principle approval, while the RBI did not immediately respond to requests for…

Civil Aviation Minister K. Ram Mohan Naidu has stressed that India urgently requires at least five airlines operating around 100 aircraft each to prevent future aviation crises like the recent disruption caused by IndiGo. He described the incident as a “structural warning,” noting that relying on one or two dominant carriers leaves passengers vulnerable. Naidu attributed the chaos, which stranded thousands of travelers, to serious mismanagement within IndiGo, citing errors in crew rosters and internal operational failures. Speaking to India Today’s Rajdeep Sardesai, he said the airline itself was solely responsible for the collapse of its network. Despite ongoing communication…

Reliance Industries is aiming for an initial public offering (IPO) of its retail arm by 2028 while concentrating on profitable expansion and debt reduction. The company plans to add roughly 2,000 stores annually on a net basis, alongside closing underperforming outlets, to strengthen its market valuation ahead of the IPO. In addition to improving store profitability, Reliance Retail is targeting growth in the fast-expanding quick commerce segment, particularly by opening more dark stores in the country’s top seven cities. The company currently handles about one million quick commerce transactions daily, with 90% of orders delivered in under 30 minutes. Many…

India’s Commerce Minister Piyush Goyal has welcomed a new collaboration between Prada and Kolhapuri chappal artisans, highlighting the $1 billion export potential of these traditional handcrafted sandals. He praised the initiative, noting the intricate designs, comfort, and unique appeal of Kolhapuris, and said the partnership with Prada could turn the craft into a global luxury brand. Following this announcement, Prada revealed plans to launch a limited-edition collection of sandals in India inspired by Kolhapuri footwear, priced at around €800 ($930) per pair, according to Prada executive Lorenzo Bertelli. The Italian luxury brand will produce 2,000 pairs in Maharashtra and Karnataka,…

SuperBryn, a platform that focuses on evaluations, monitoring, and self-improving systems for enterprise voice AI, has secured 1.2 million dollars in a pre-seed round backed by Kalaari Capital’s CXXO initiative. Several angel investors joined in as well, including Rikant Pitti from EaseMyTrip, Arjun Pillai of Docket AI, Sharath Keshava Narayanan of Sanas AI, Harish Manian from BMH, and actor Nivin Pauly. The company plans to use the funds to speed up product development, grow its engineering team, and strengthen early partnerships in sectors where reliable voice automation is becoming essential. SuperBryn was started by two technologists from Kerala who ran…

Prime Minister Narendra Modi spoke with US President Donald Trump on Thursday, with both leaders focusing on how to push their economic ties forward at a moment when negotiators on both sides are trying to wrap up talks on a trade agreement. Officials said the two leaders stressed the need to keep the momentum going on efforts to expand bilateral trade. This was Modi’s first call with Trump since Russian President Vladimir Putin’s high-profile visit to Delhi, and their first conversation since Trump had phoned him on October 22 to wish him on Diwali. They also talked about cooperation in…

The GOAT Tour featuring Lionel Messi is almost here, and fans across India are buzzing. Messi will be in the country from December 13 to 15, traveling through Kolkata, Hyderabad, Mumbai, and New Delhi for a packed series of appearances and events. Before wrapping up his visit, he’s expected to arrive in Delhi for a meeting with Prime Minister Narendra Modi. He won’t be traveling alone. Luis Suarez and Rodrigo De Paul will join him for the Mumbai leg of the tour, according to promoter Satadru Dutta, who is leading the G.O.A.T. India Tour 2025. Here’s how Messi’s schedule looks:…

BharatBenz has strengthened its position in India’s intercity transport segment with the launch of its new 19.5-tonne heavy-duty bus, the BB1924. Developed by Daimler India Commercial Vehicles (DICV), the model targets operators seeking higher passenger capacity, better operating efficiency, and enhanced safety as the long-distance travel market continues to expand. According to the company, India’s bus industry is currently valued at over USD 51 billion and is expected to grow more than 5% annually through 2030. The BB1924 has been designed to help fleet operators tap into this rising demand for faster, safer, and more comfortable intercity travel. Capacity and…

Adani Group chairman Gautam Adani announced that the conglomerate plans to invest up to ₹12 trillion in India over the next six years. The investments will span infrastructure, mining, renewable energy, ports, and other sectors. “There is huge investment potential. We will invest ₹10 to 12 trillion in India in the next six years,” Adani told PTI. He highlighted that corporate India is aligning with Prime Minister Narendra Modi’s call for self-reliance, which he described as “India’s new Independence.” Adani said, “The struggle for achieving self-reliance is on… the Prime Minister has also given a call for this. That is…

The KSR Bengaluru–Ernakulam–Bengaluru Vande Bharat Express, inaugurated by Prime Minister Narendra Modi on November 11, has seen tremendous demand in its first month, with bookings exceeding 100% of capacity in both directions and over 55,000 passengers travelling so far. This is the first inter-state semi high-speed premium train linking the southern states of Kerala, Tamil Nadu, and Karnataka. In November, the Bengaluru–Ernakulam leg carried 11,447 passengers, recording an average booking of 127%. In December, it transported 16,129 passengers, with an average booking of 117%. On the Ernakulam–Bengaluru route, 12,786 passengers travelled in November, with bookings averaging 141%, rising to 14,742…