Suzuki Motors, led by Toshihiro Suzuki, reveals ambitious plans for its Gujarat operations at the Vibrant Gujarat Summit, planning to invest Rs 3,200 crore in a new production line and Rs 35,000 crore in a second plant. The company aims to launch its inaugural electric vehicle by year-end, boasting an annual production capacity of approximately 20 lakh units. Suzuki Motors Unveils Major Investments at the Vibrant Gujarat Summit On Wednesday, Suzuki Motor Corporation, led by President Toshihiro Suzuki, declared its commitment to invest Rs 3,200 crore in Gujarat for the establishment of a new production line capable of producing 2.5…
Author: Editorial Team
Lindsay Lohan, the ultimate cool mom, owned the Mean Girls premiere last night, rocking a stunning Alexandre Vauthier couture look. Her ab-baring cut-out, bejeweled belt, and Hollywood waves created a show-stopping entrance, proving she’s still the queen of fetch! On Monday night, the original Mean Girls star, Lindsay Lohan, celebrated the musical movie premiere alongside writer-producer Tina Fey and cast members Daniel Franzese and Rajiv Surrendra. Fey teased possible cameos, keeping fans on the edge of their seats for surprises in the film! Lindsay Lohan Joins Tina Fey and Lorne Michaels at Mean Girls Premiere After shining solo, Lohan reunited…
Indian Prime Minister Narendra Modi’s post during his recent visit to Lakshadweep sparked social media hate from Maldivians, escalating into an unexpected diplomatic rift between the two nations. https://twitter.com/narendramodi/status/1742831481775632552?s=20 PM Modi’s beach and snorkelling posts in Lakshadweep, a southern Indian island chain, triggered a social media war. Despite no mention of Maldives or other tourist destinations, the scenic images offended Maldivian officials, leading to a conflict on social media with Indian users. The posts were perceived as a potential threat to Maldives’ tourism, where Indians play a significant role. Maldivian social media users, including influential figures, posted offensive, racist, xenophobic…
Gensol Engineering plans to invest Rs 2,000 crore in establishing an EV manufacturing plant in Gujarat. The company signed a memorandum of understanding with the Gujarat government, marking a significant step in investment promotion for the Vibrant Gujarat Global Summit 2024. The project, set to create approximately 1,500 jobs, will serve as an innovation hub for both commercial and personal vehicle sectors. Gensol Engineering’s commitment aligns with the summit’s focus on fostering economic growth and development. Gensol’s Investment in EV Plant to Create 1,500 Jobs Gensol stated in a regulatory filing that the project will generate approximately 1,500 jobs in…
Narendra Modi, the Prime Minister, held bilateral meetings with Timor-Leste’s President Jose Ramos-Horta and Mozambique’s President Filipe Nyusi on Tuesday. The MEA official stated they discussed ways to enhance ties in various fields. Modi also engaged with top industry leaders and CEOs globally, discussing plans to strengthen investments in India, as revealed in posts on X by the Prime Minister’s Office (PMO). PM Modi Engages in Discussions with World and Industry Leaders On Tuesday morning, he arrived at the Mahatma Mandir Convention and Exhibition Centre in Gandhinagar, engaging in discussions with world and industry leaders a day ahead of the…
Zee Entertainment Enterprises Ltd. cited a cash crunch as it missed a deadline to pay $200 million to Walt Disney’s India unit for TV rights of cricket matches. Disney has sought an explanation from Zee regarding the skipped payment, which was part of the over $1.4 billion agreed upon for the license agreement signed in August 2022. People familiar with the matter revealed that Zee’s failure to make the payment is occurring as the company attempts to preserve cash ahead of a potential collapse of its mega-merger with Sony Group Corp. Zee Defaults on Payment to Disney Amid Merger Failure…
Indian banks, including SBI Bank, HDFC Bank, ICICI Bank, and Axis Bank, have significantly revised their credit card rules and offerings. Explore the noteworthy changes in their credit card transaction policies as they modify rules and offerings. Read on to discover the specific alterations made by these prominent banks on select credit cards. HDFC Bank Credit Card Rule Changes HDFC Bank has introduced significant modifications to the rules governing its two renowned credit cards, Regalia and Millenia credit card. These changes, effective from December 1, 2023, specifically impact the lounge access program for the Regalia credit card. Stay informed about…
Punjab National Bank has increased Fixed Deposit interest rates on its app for the second time in a month, boosting rates by 80 basis points (bps) on a single tenure. The revised rates took effect from January 8, 2024. Previously, on January 1, the bank raised rates by up to 45 basis points (bps) on certain tenures and lowered rates on others. Punjab National Bank Increases FD Rates by 80 bps on 300-Day Tenure The bank has raised the interest rate on the 300-day tenure from 6.25% to 7.05% for general citizens, from 7.55% to 7.85% for senior citizens, and…
Spice Girls is a famous music group coming back very soon to add spice to people’s lives. 48-year-old Mel B discussed the musical group’s upcoming plan in an interview with Today with Hoda & Jenna on 8th January 2024. She said that fans can expect good news from their band in the future. She said this while talking to Hoda Kotb. The real name of Mel B is Melanie Janine Brown. She is a famous singer and actress. Mel B Reveals Plans for Spice Girls’ Comeback Mel B said that she has been saying this for a long time but…
On Monday, Bloomberg News reported that Sony Group plans to call off the $10-billion merger of its India unit with Zee Entertainment Enterprises Ltd. The decision stems from a standoff over Zee’s CEO Punit Goenka’s leadership. People familiar with the matter revealed that Sony is actively working on sending a termination notice to Zee before January 20. Deadline Extension Discussions for $10 Billion ZEEL Merger with Culver Max and Bangla Entertainment Last month, ZEEL announced that Culver Max Entertainment (formerly Sony Pictures Networks India) is open to discussing an extension of the merger scheme’s effective date, a day before the…