€2.5B Debt Package for ContiTech Acquisition as Sale Begins

Bankers are assembling €2.5 billion debt packages to support the acquisition of Continental AG's ContiTech unit, with the sale expected to fetch €4-5 billion. The process marks Germany's second major industrial carveout this year.

Indiawood 2025 Expo Kicks Off in Bengaluru

The Indiawood 2025 event, a major international exhibition for woodworking, furniture production, and forestry technology, begins in Bengaluru on February 26. This five-day expo at the Bangalore International Exhibition Centre showcases innovations and at

AP's 5 Lakh MTPA Green Ammonia Plant Foundation on March 18

Andhra Pradesh CM N Chandrababu Naidu will lay the foundation for a massive green ammonia plant in Srikakulam on March 18. The 5 lakh MTPA facility, part of a green hydrogen valley vision, aims to position AP as a global clean energy hub with exports to E

Walmart Hits $1 Trillion Market Value Milestone

Walmart becomes the first retailer to reach a $1 trillion market valuation, driven by digital expansion, AI investments, and success in attracting diverse customer segments.

US-India Trade Deal Revives Surat Diamond Sector Hopes

The proposed US-India trade agreement has reignited optimism in Surat's diamond manufacturing industry, with expectations of zero duty on loose diamonds potentially reversing recent export declines and stabilizing operations.

India-US Trade Deal Cuts Tariffs to 18% from 50%

India and the United States have finalized a bilateral trade framework reducing US tariffs on Indian goods to 18% from 50%. The move enhances India's competitive edge in the American market, benefiting labor-intensive sectors.

Pfizer Shares Fall 3.6% on Q4 Loss, Lower 2026 Outlook

Pfizer shares declined 3.60% following a fourth-quarter loss of $1.6 billion and a downward revision of 2026 revenue guidance, impacted by falling COVID-19 product sales and $4.4 billion in asset impairments.

Dry Red Chilli Prices Hit Rs 70,000 in Hubballi

Dry red chilli prices in Hubballi have surged to over Rs 70,000 per quintal, up from Rs 45,000 last year, due to reduced cultivation area and lower production. Karnataka's output fell to 1.58 lakh tonnes, triggering a supply shortage.

Disney Names Josh D'Amaro as New CEO

Walt Disney appoints theme parks head Josh D'Amaro as CEO, succeeding Bob Iger. The move ends leadership uncertainty amid AI disruption and market consolidation reshaping media.

Air India & IndiGo Planes Graze Wings at Mumbai Airport

Two passenger aircraft—Air India and IndiGo—suffered a wingtip grazing incident at Mumbai's Chhatrapati Shivaji Maharaj International Airport. All passengers were safe, with both aircraft grounded for inspections.

India-US Trade Deal: Key Points and Economic Impact

The India-US trade agreement announcement includes tariff reductions, market access, and digital trade provisions. This analysis explains key points and potential economic benefits for both nations.

Air India, IndiGo Planes Touch at Mumbai Airport

A minor incident occurred at Mumbai's Chhatrapati Shivaji Maharaj International Airport when the wingtips of an Air India and an IndiGo aircraft made contact. No injuries were reported, and authorities are investigating the cause.

Josh D'Amaro Named Disney CEO, Succeeds Bob Iger

The Walt Disney Company appoints Josh D'Amaro, current Chairman of Disney Experiences, as its next CEO effective March 18, 2024, replacing Bob Iger who will remain as senior advisor.

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