Business news India: Latest India business news headlines today 17 May 2022
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Here’s today business news, the latest business news India today 17 May 2022.
- As per the Cybermedia Research Report, a year-on-year growth of 68% has been seen in the Indian tablet market in the quarter ending on March 31, 2022 with Lenovo on top of the chart.
- SJVN Ltd to develop “Arun-4”, a hydro-power project worth Rs 4,900 crore in Nepal of 490 MW.
- Honasa Consumer Private limited to acquire a majority of stake in Dr Sheth’s, a skincare brand, at Rs 28 crore valuation.
- Bharat Electronics Limited to begin the manufacturing of Li-ion battery packs for US-based Triton under an MoU signed with the state government of Gujarat.
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- A pact has been inked between Omnipresent Robot Technologies, Gautam Buddha University and the Skill Council of India for the setting up of a drone excellence centre in Uttar Pradesh.
- Harley Davidson has re-emerged as the leader in the high-end motorcycle segment across India after its partnership with Hero MotoCorp.
- A vegan health-wellness brand, Fitspire, aims to enter the non-metro towns due to the increased demand of plant-based and vegan health supplements in India.
- As per the reports, the Adani Group aims to buy the cement business, Holcim, in India for around $10.5 billion to become the second largest manufacturer of cement in India.
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- Patents have been granted by GOI to Insecticides (India) Ltd for Novel Miticidal Benzyalamide and Novel Dithiolanr compound for 20 years term.
- Whiteland Corporation, a real estate development company, to invest Rs 3500 crore for consolidation of its land bank covering 80-100 acres and for the land acquired in Gurgaon for business expansion.
- An MoU has been signed between IIT Guwahati and Mehta Family Foundation for the establishment of “Jyoti and Bhupat Mehta School of Health Sciences and Technology”.
- AMG Media Networks to buy a stake of 49% in Raghav Bahl’s digital news platform, Quintillion Business Media, for an undisclosed amount.
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