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INDIA BUSINESS | Wed, 3 Dec 2025, 1:30AM IST Korean consumer brands are expanding into India across alcohol, beauty, food, and cigarettes, leveraging the 'Korean Wave'. Jinro soju has partnered with Monika Alcobev, while beauty firms Cosmax and Amorepacific are establishing Indian operations. KT&G is increasing its cigarette presence, and Lotte Group plans significant investments, with K-beauty poised for substantial growth.

Continue reading at Economic Times

1h

INDIA BUSINESS | Wed, 3 Dec 2025, 1:23AM IST Global advertising giant Omnicom has restructured its Indian operations. Multiple agency brands are being retired, and leadership teams are reshuffled following a merger with IPG. The consolidated creative business will operate as Omnicom Advertising, and the media practice as Omnicom Media. This move aims to streamline operations and enhance competitiveness in the Indian market.

Continue reading at Economic Times

1h

INDIA BUSINESS | Wed, 3 Dec 2025, 1:18AM IST French distiller Pernod Ricard anticipates India will soon be its top global market, overtaking the United States. This growth is fueled by increasing incomes and a preference for premium alcohol among young Indian consumers. The company is focusing on high-growth premium brands and introducing new locally-developed products to capture this expanding market.

Continue reading at Economic Times

1h

INDIA BUSINESS | Wed, 3 Dec 2025, 1:14AM IST Indian content is experiencing unprecedented global reach through streaming platforms, with nearly 25% of viewership now originating overseas. This surge, fueled by subtitles and dubbing, marks a significant turning point for India's media and entertainment economy, expanding its cultural influence worldwide. Industry leaders emphasize the need for regulatory reforms to sustain this momentum and protect intellectual property.

Continue reading at Economic Times

1h

INDIA BUSINESS | Wed, 3 Dec 2025, 12:48AM IST The Delhi High Court has permitted Dr Reddy's Laboratories to produce and export its version of the diabetes and anti-obesity drug semaglutide. This decision comes amidst a patent infringement case filed by Novo Nordisk. Dr Reddy's is restricted from selling the drug within India until March 2026. The court acknowledged a valid challenge to Novo Nordisk's patent for semaglutide.

Continue reading at Economic Times

2h

INDIA BUSINESS | Wed, 3 Dec 2025, 12:46AM IST Lava and AI+ plus, helmed by former Realme executive Madhav Seth, welcomed the priority being given to cyber security. But the overseas companies will find it difficult to implement the decision as preloading of apps involves commercial arrangements and not government mandates, executives said.

Continue reading at Economic Times

2h

INDIA BUSINESS | Wed, 3 Dec 2025, 12:40AM IST Airbus has identified a "quality issue" affecting metal panels on its A320 passenger jets, though the problem is "contained." The European plane-maker is inspecting potentially impacted aircraft, with newly produced panels conforming to requirements. This follows a separate incident requiring a software upgrade for thousands of A320 planes after a US flight encountered control issues.

Continue reading at Economic Times

2h

INDIA BUSINESS | Wed, 3 Dec 2025, 12:37AM IST India's Nayara Energy significantly boosted fuel exports in November. The refiner shipped double the previous month's volume to new markets like the Bahamas and Taiwan. Nearly a third of these exports went through ship-to-ship transfer hubs, a common practice to obscure final destinations. This surge follows EU sanctions, with Nayara now relying heavily on Russian crude imports.

Continue reading at Economic Times

2h

INDIA BUSINESS | Wed, 3 Dec 2025, 12:33AM IST Green Gold Animation, the studio behind Chhota Bheem, plans a significant expansion. They are seeking 250 crore funding at an 800 crore valuation. This investment will fuel the creation of new intellectual properties and boost animation production capacity. The company is also open to a change in ownership to support long-term growth.

Continue reading at Economic Times

2h

INDIA NEWS | Wed, 3 Dec 2025, 12:33AM IST Mumbai: Green Gold Animation, the creator of the Chhota Bheem television series and the Krishna film series, is seeking to raise 250 crore at a valuation of about 800 crore to accelerate its next phase of expansion, founder Rajiv Chilaka said.The Hyderabad-based studio, which employs around 500 people, plans to build new intellectual properties (IPs) and strengthen its animation production capacity in domestic and international markets."We are exploring a 250 crore raise at a 800 crore valuation to support our next phase of growth. The focus is on strengthening our animation capabilities and building new IPs," Chilaka said.The two decade-old company is also open to a change in ownership if it supports long-term growth. "We are open to a controlling investor if there is strong alignment and the partnership helps us scale responsibly," Chilaka said.The fundraising comes as India's media and entertainment sector faces consolidation, tighter content budgets and shifts in audience behaviour, forcing studios to rethink scale, cost structures and monetisation models.

Continue reading at Economic Times

2h

INDIA BUSINESS | Wed, 3 Dec 2025, 12:30AM IST The rise of micro-drama content in India is nothing short of astounding, captivating over 73 million viewers in just under a year. This explosive growth is fueled by an audience that prioritizes mobile viewingspanning housewives, busy commuters, Gen Z, and Gen Alpha.

Continue reading at Economic Times

2h

GLOBAL NEWS | Wed, 3 Dec 2025, 12:27AM IST The philanthropy has become one of Americas biggest, but most of its giving went to charities closely tied to the worlds richest man.

Continue reading at The New York Times

2h

INDIA BUSINESS | Wed, 3 Dec 2025, 12:23AM IST Flight check-in systems at various airports experienced disruptions on Tuesday evening. Air India and other airlines faced delays due to a third-party system issue. The problem lasted for about 45 minutes. Airport teams worked to restore normal operations. The system was fully restored, and flights are now operating as per schedule.

Continue reading at Economic Times

2h

INDIA BUSINESS | Wed, 3 Dec 2025, 12:11AM IST IL&FS headquarters in BKC may see a 25% price increase. The NCLT allowed a valuation revision due to Mumbai's real estate growth. Brookfield's subsidiary Chronos must renew its performance guarantee within 30 days. This follows a dispute over the original bid terms from 2022. New valuations could reach 2,000-2,500 crore.

Continue reading at Economic Times

2h

INDIA BUSINESS | Wed, 3 Dec 2025, 12:10AM IST The third quarter is unlikely to bring cheer for the economy

Continue reading at The Hindu

2h

INDIA BUSINESS | Wed, 3 Dec 2025, 12:08AM IST India is set to launch a major initiative to boost domestic production of rare earth permanent magnets. Bids for manufacturing facilities will be invited by January under a 7,280-crore incentive scheme. This move aims to achieve self-reliance in a sector crucial for electric vehicles, renewable energy, and defence.

Continue reading at Economic Times

2h

INDIA BUSINESS | Wed, 3 Dec 2025, 12:06AM IST Indian banks are boosting lending to higher-yield loans. This strategy aims to safeguard profit margins in a favorable credit market. Recent data shows an increase in the average lending rate on new loans. This trend helps banks maintain their net interest margins. Banks are also lending more to individuals and smaller businesses.

Continue reading at Economic Times

2h

INDIA MARKET | Wed, 3 Dec 2025, 12:01AM IST Russia's share in India's arms imports has halved over 15 years, though it remains the country's largest supplier

Continue reading at Business Standard

2h

INDIA MARKET | Tue, 2 Dec 2025, 11:51PM IST Apple, other global device makers not on board; India's Lava to comply

Continue reading at Business Standard

3h

INDIA BUSINESS | Tue, 2 Dec 2025, 11:50PM IST National Highways Authority of India and Reliance Jio are partnering to launch a new safety alert system. Jio users on national highways will receive advance warnings on their phones. These alerts will cover accident-prone areas, stray cattle zones, fog-affected regions, and emergency diversions. This initiative aims to enhance road safety across India's vast highway network.

Continue reading at Economic Times

3h

INDIA BUSINESS | Tue, 2 Dec 2025, 11:49PM IST Apple has hired Bengaluru-born AI expert Amar Subramanya as its new AI vice-president, signalling a major push to accelerate its machine learning and foundation model ambitions as leadership shifts

Continue reading at Business Standard

3h

INDIA BUSINESS | Tue, 2 Dec 2025, 11:47PM IST Viceroy Research claims Vedanta's ESL Steel fundraising will support parent Vedanta Resources' debt obligations. The steel unit's own financial performance is questioned. Funds are expected to be directed to Vedanta Resources for upcoming investment deadlines. This move suggests a potential shift in the company's financial strategy.

Continue reading at Economic Times

3h

INDIA NEWS | Tue, 2 Dec 2025, 11:44PM IST Hits new closing low of 89.88/$; Hits 89.96/$ intraday

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3h

INDIA BUSINESS | Tue, 2 Dec 2025, 11:38PM IST As air quality concerns rise, homebuyers in Delhi are now prioritizing healthier living environments. In response, developers are enhancing their projects with features such as lush green spaces and state-of-the-art air purification systems. These innovations are not just luxuries; they're becoming necessities that boost home valuations.

Continue reading at Economic Times

3h

INDIA NEWS | Tue, 2 Dec 2025, 11:31PM IST Russian President Vladimir Putin said Tuesday that Russia was "ready" for war if Europe seeks one, accusing the continent's leaders of trying to sabotage a deal on the Ukraine conflict before he met with US envoys.The comments came as US envoy Steve Witkoff and President Donald Trump's son-in-law Jared Kushner were in Moscow for high-stakes talks on ending the nearly four-year war, which were preceded by days of intense diplomacy."We are not planning to go to war with Europe, but if Europe wants to and starts, we are ready right now," Putin told reporters in Moscow."They have no peaceful agenda, they are on the side of war," he added, repeating his claim that European leaders were hindering US attempts to broker peace in Ukraine.He added that European changes to Trump's latest plan to end the war "aimed solely at one thing -- to completely block the entire peace process and put forward demands that are absolutely unacceptable for Russia".Washington has presented a 28-point draft to end the conflict, later amended after criticism from Kyiv and Europe, which viewed it as heeding to many of Russia's maximalist demands.The plan to end the war is championed by Trump, but European countries fear it risks forcing Kyiv to cave in to Russian demands, notably on territory.Fearing further Russian aggression, Europe has repeatedly said an unfair peace should not be imposed on Ukraine.The Trump envoys are now seeking to finalise the plan with the approval of Moscow and Kyiv.

Continue reading at Economic Times

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