India has officially become the second-largest consumer of natural diamond jewelry in the world, surpassing China and trailing only behind the United States. This milestone comes as India’s demand for these precious stones now represents 11% of global consumption. This shift in market dynamics was bolstered by a strategic partnership between the De Beers Group, Read More…
Adani Ports and Special Economic Zone Ltd (APSEZ), a leading force in India’s port infrastructure, has taken a major leap by acquiring an 80% stake in Astro Offshore for $185 million. This strategic acquisition marks a significant expansion for Adani Ports into the offshore logistics and services sector. Astro Offshore, renowned for its expertise in Read More…
In a significant shift for Indian aviation, Vistara will stop taking bookings for flights scheduled on or after November 12, 2024, as it prepares to merge with Air India. The last Vistara-branded flight will be on November 11, 2024, after which the airline’s operations will be fully integrated into Air India. This merger, announced in Read More…
The Hurun India Rich List 2024 is out, and Gautam Adani has claimed the top spot as India’s wealthiest individual with a staggering net worth of ₹11.6 lakh crore. Adani, the visionary behind the Adani Group, has solidified his position at the pinnacle of India’s rich list, reflecting his rapid ascent in wealth and global Read More…
Jio Set to Transform AI and Cloud Computing with Diwali Launch In a major announcement at the 2024 Reliance Annual General Meeting, Chairman Mukesh Ambani introduced Jio’s latest innovation—the “AI Cloud Welcome Offer.” Scheduled for a grand launch this Diwali, this initiative underscores Jio’s commitment to revolutionizing cloud computing and artificial intelligence in India. Democratizing Read More…
In a groundbreaking address at the 2024 Reliance Annual General Meeting, Chairman Mukesh Ambani revealed an ambitious plan to transform Reliance Industries Limited (RIL) into a global “deep tech giant.” A Bold New Era of Innovation Ambani’s vision heralds a new era of hyper-growth driven by cutting-edge technologies. Reliance will harness artificial intelligence, robotics, and Read More…
Airtel is set to retire its Wynk Music service and roll out a new partnership with Apple Music, offering its users a premium streaming experience. This bold move marks a significant upgrade in Airtel’s digital music offerings. The shift to Apple Music, a leading global platform, aims to provide Airtel customers with an extensive library Read More…
In a game-changing move, Jay Shah has been named the new Chairman of the International Cricket Council (ICC), ushering in a fresh era for global cricket. His appointment represents a significant shift in how the sport will be governed and promises to bring innovative changes to the international cricketing landscape. Shah, known for his impactful Read More…
By Our Foreign Correspondent Washington, Aug 27 (IVC) In the opinion polls of the US presidential election race, the democratic party candidate and Vice President Kamala Harris went ahead of her rival Donald Trump. Before the withdrawal of the President Joe Biden from the electoral fray on July 21, Donald Trump, Republican party nominee, Read More…
By our Religious Correspondent Kottayam, Aug 26 (IVC) The three-day Fifth Siro-Malabar Church Major Episcopal Assembly ended at Palai near here on August 25,has called for necessary church reforms . The assembly attended by 348 delegates, including prelates, priests, monks and laity- has produced a final document highlighting necessary church reforms. It also focused Read More…