Business

BLS International wins INR 20.5 billion UIDAI aadhaar contract

BLS International wins INR 20.5 billion UIDAI aadh...

August 26, 2025

BLS International Services, a visa services firm, has secured a significant contract from the Unique Identification Authority of India (UIDAI) to establish and operate District Level Aadhaar Seva Kendras (ASKs). In a press statement, BLS says that the work order, valued at approx...

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Pratt & Whitney targets USD 150 million sourcing in India by 2030

Pratt & Whitney targets USD 150 million sourc...

August 25, 2025

What is mix of market for Pratt & Whitney in India? As Pratt & Whitney celebrates its centennial this year, we also mark over 70 years as a key partner in Indian aviation. From powering India’s jet age with the JT3D and JT9D engines on Boeing 707s and 747s, to driving c...

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Eve Air Mobility raises USD 230 million in equity offering

Eve Air Mobility raises USD 230 million in equity ...

August 14, 2025

To broaden its investor base and support its Urban Air Mobility (UAM) initiatives, including the development of electric vertical takeoff and landing (eVTOL) aircraft, Brazilian company Eve Air Mobility (Eve) has secured USD 230 million through the sale of common stock and Brazil...

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Indian MSMEs in cross-hair of US tariffs

Indian MSMEs in cross-hair of US tariffs

August 14, 2025

It has been a fortnight since India woke up to a shocking trade bombshell when United States President Donald Trump announced a sweeping 25 pc tariff on all Indian exports to the United States. Taking to Truth Social, his own social media platform, Trump unleashed a fiery tirade,...

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IHCL takes controlling stake in ANK Hotels & Pride Hospitality

IHCL takes controlling stake in ANK Hotels & ...

August 13, 2025

Indian Hotels Company (IHCL), India’s largest hospitality company, has entered into a strategic partnership, signing definitive agreements to acquire controlling stake in ANK Hotels and Pride Hospitality and has also signed a distribution agreement with Brij Hospitality...

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Lessons for EU from India-UK Free Trade Agreement

Lessons for EU from India-UK Free Trade Agreement

August 1, 2025

The India-UK Comprehensive Economic and Trade Agreement (CETA) signed on July 24 is a milestone in the India-Britain strategic trade and economic relations. This historic agreement between the world’s fourth and fifth largest economies respectively, represents one of the mo...

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Scented Success: India’s candle market warms up post-pandemic

Scented Success: India’s candle market warms up ...

July 29, 2025

Once essential for lighting homes, candles have gradually become more ornamental than functional. With electric lighting a given, the only times candles now flicker to life are during power cuts, or for dramatic effect in romantic scenes on screen. Yet, despite fading from daily ...

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Labubu doll frenzy sweeps India, sales spike in 2025

Labubu doll frenzy sweeps India, sales spike in 20...

July 27, 2025

Over the past few months, markets across India have been invaded by Labubu dolls, a strange looking, toothy doll that has developed a strong fan base globally amongst those who like quirky collections for their living room display as also those trying to set fashion trends. Acros...

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Tier II, Tier III cities power India’s consumer economy

Tier II, Tier III cities power India’s consumer ...

July 24, 2025

Almost four decades after the economic reforms began, the power centre of the Indian economy has begun shifting from the metros to India’s Tier II and Tier III cities that have emerged as the new growth engines of the national economy, marking a striking shift in consumption, e...

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Upcoming SME IPOs in infrastructure & engineering

Upcoming SME IPOs in infrastructure & enginee...

July 22, 2025

In 2024, India’s Initial Public Offering (IPO) market saw a record growth, with proceeds more than doubling from USD 5.5 billion in 2023 to USD 11.2 billion in 2024. In the first half of 2025, IPO activity has stayed strong, especially in infrastructure and engineering, as Indi...

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