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South Korean conglomerate Hwaseung is entering the Indian market with a USD 150 million investment in non-leather sports shoe manufacturing in Andhra Pradesh. Previously, Hwaseung had signed an MoU with the Tamil Nadu government in August for a plant, but the company has now chosen Kuppam, the constituency of Andhra Pradesh Chief Minister N. Chandrababu Naidu, as its new base.
Tech giants are posting huge profits, but a warning from Michael Burry has cast doubt on how genuine those figures really are. Big Tech’s strong market run has been driven by rising earnings and heavy investment in artificial intelligence. However, Michael Burry known for predicting the 2008 housing crash is cautioning investors once again. This time, his concern isn’t about loans or real estate,
The Tamil Nadu Industrial Development Corporation (TIDCO) has allocated 99-year lease land parcels to 20 private companies at Varapatti in Coimbatore for establishing a dedicated Defence Industrial Park. This move is aimed at boosting defence manufacturing in the region. Additionally, TIDCO plans to construct buildings on 10.5 acres within the park to provide rental spaces for startup companies, f
The Andhra Pradesh government is set to offer land to Accenture and Infosys for just 99 paise under its LIFT Policy 4.0. The two IT giants are expected to invest approximately Rs 2,000 crore in new development centers.
Great Place To Work and Fortune Media have released the 2025 Fortune World’s Best Workplaces List, highlighting the top 25 companies globally known for outstanding employee experiences. Of these, 16 companies are based in India. The list is based on over 9 million survey responses from 2024 and 2025, representing the views of more than 25 million employees who rated their workplaces on trust, prid
A 43 year old law graduate in China went viral after sharing that his wife left him following the loss of his high paying job. Identified as Qianqian, he previously worked at a state owned company earning around 50,000 yuan (Rs 6.23 lakh) per month. He said the end of his marriage left him feeling empty in more ways than one.
As of today, gold is priced at USD 4,123 internationally and Rs 1,26,090 in India. At the start of the year, it traded around USD 2,600 globally and just under Rs 80,000 in India. Gold’s strong performance in 2025 has triggered debate among investors about whether it is a better investment than equities. However, this comparison may be misleading, as we will explore later.
Gold prices in Chennai have seen a dramatic fall today (November 15), with 22-carat ornamental gold plummeting by ₹1,520 per sovereign to ₹92,400. This marks a massive ₹2,800 reduction per sovereign in just two days. A gram of gold now sells for ₹11,550, down by ₹190. The sharp decline follows a period of high prices, with gold trading at ₹95,200 per sovereign on November 13. Silver prices have al
On paper, Bihar appears to have made solid economic progress. The state’s economy expanded from 2.5 trillion in 2011–12 to 8.5 trillion in 2023–24, and per capita income increased eightfold between 2004–05 and 2023–24. However, in reality, Bihar still ranks among India’s poorest states. Its weak performance in key human development indicators remains a serious concern and drags down India’s overal
Ahead of the 2025 assembly election in Bihar, the focus was entirely on Nitish Kumar a contest centered on both his achievements over the past 20 years and the things he had yet to accomplish. The election results on Friday reflected how Kumar continues to be central to the state’s political landscape.
