Radhakishan Damani, the man behind D-Mart, has secured the top spot on the list of self-made entrepreneurs, according to a recent announcement by Hurun, Damani took the top spot with a market capitalisation of Rs 2,38,188 crore. “The company’s success can be attributed to its focus on efficient operations, low-cost business model, and strong customer […]
Hon Hai Precision Industry Co., the company that manufactures iPhones, is planning to invest another NT$50 billion (USD 1.6 billion) in construction projects in India to expand its footprint in the country. The company made the announcement in an exchange filing in Taiwan on Monday, stating that the investment will be for operational needs, without […]
Non-metro cities’ Micro, Small, and Medium Enterprises (MSMEs) are surpassing their metro counterparts in Diwali sales this year, with an estimated ecommerce opportunity of a whopping USD 13 billion for Indian MSMEs during the festive season, according to a report by tech-enabled logistics platform and unicorn, Shiprocket. The report suggests that 10-15 per cent of […]
Chai Sutta Bar, the tea chain announced the grand opening of four new outlets in Bengaluru. The brand is gaining popularity in South India for its blend of tea and the warm inviting atmosphere it provides to its patrons. With the opening of these four new outlets in Bengaluru, the brand sets its sights on […]
Tim Hortons, the well-known Canadian coffee chain, opened its outlet in Bengaluru, India. “Recognising Karnataka as the coffee capital of India, contributing over 70 per cent of the nation’s coffee production,” the brand said in a media release. This expansion will include openings at Terminal 2 of Kempegowda International Airport and in the Koramangala neighborhood. […]
Taiwanese manufacturing giant Foxconn has purchased a huge plot of land on the northern outskirts of Bangalore, according to a filing on Tuesday, as it works on diversifying production out of China. Foxconn is one of the biggest contact electronic manufacturers in the world; it is also a key assembler of Apple’s iPhones. Following not […]
In a setback for Gujarat-based dairy giant Amul, the Bruhat Bengaluru Hotels Association has decided to use only Nandini milk to “support the state’s (dairy) farmers”. The development comes on the heels of the ruling BJP and the Opposition Congress and the JD(S) engaging in a war of words over Amul’s announcement of foraying into […]
