JSW Group will set up electric vehicles and battery manufacturing projects in the country’s eastern state of Odisha for Rs 40,000 crore. The company and the state government have signed a memorandum of understanding “for the establishment of an Integrated Electric Vehicles (EV) And EV Battery Manufacturing Project” in two cities, they said in a […]
Lotte Wellfood, a Korea-based FMCG firm, will establish a new manufacturing plant in Haryana to produce its product Lotte Pepero, the company announced in a press release on Wednesday. The FMCG major stated that it has set up more than Rs 200 crore for the establishment of this new production plant. “This investment aims to […]
Ikea, the Swedish omnichannel home furnishings retailer said that it will deliver its ecommerce deliveries to thousands of pin codes across 62 districts in the states of Maharashtra, Karnataka, Telangana and Andhra Pradesh. Susanne Pulverer, CEO & CSO (Chief Sustainability Officer), IKEA India shares, “IKEA has received a lot of customer love and trust over […]
Tamil Nadu State Marketing Corporation (TASMAC) on Monday announced that the excise tax on liquor is to be increased which is to be reflected on liquor prices in Tamil Nadu from 1 February. According to a release from TASMC Administration, “the excise tax on liquors is to be increased and therefore, liquor prices are to […]
The price of 24-carat gold witnessed a marginal decline, dropping by Rs 50 in the early hours of Friday’s trading session. According to the latest data from the Good Returns website, 10 grams of the precious metal are now priced at Rs 62,950. Conversely, the silver market saw a notable increase, with the price rising […]
As brands navigate post-Ayodhya dynamics, the retail landscape witnesses a blend of cultural engagement and market strategy, forging lasting legacies amidst praise and scrutiny Viewed through a marketing lens, the Ayodhya Ram Temple Consecration emerges as effective marketing, captivating the nation and resonating with people globally. The live stream of the celebration spanned hundreds of […]
People in Bhopal celebrated the consecration of the Ram Lalla idol on Monday in the same way they do during Diwali. Traders estimate that firecrackers worth over Rs 2.5 crore were sold in the city during the previous 3-4 days. Even on Monday, the firecracker market was buzzing with activity. Traders reported that the firecracker […]
As the day has arrived for the Ram temple consecration ceremony at Ayodhya in Uttar Pradesh, brands are seizing the opportunity with unique marketing initiatives to showcase and bring their best foot forward on the momentous celebration. Brands from diverse sectors are participating on this significant occasion with their new brand campaigns and products. Uniting […]
Since the declaration of Ram Mandir’s consecration ceremony, Ayodhya has emerged as the nation’s spiritual heart and a thriving economic powerhouse. The city does not just seem inviting to devotees but also to the businesses following them. Confederation of All India Traders (CAIT), the traders’ body last week stated that the business worth Rs 1 […]
Hyundai Motor’s Indian unit on Friday said it would invest Rs 6,000 crore in the western state of Maharashtra, while also disclosing that it had completed the acquisition of General Motor’s plant in the state. India’s second-largest carmaker by sales did not disclose a deal value for the Talegaon plant or give details of its […]
