US President Donald Trump on January 20 in a Presidential memorandum had said that the “Global Tax Deal have no force or effect within the United States”, thus nullifying the progress made so far by the OECD to bring 140 countries on the same platform to levy a minimum 15 percent tax on profits of multinational corporates.
Category: Business
Nissan Magnite expands globally with first shipment to LHD markets
In late January 2025, Nissan Motor India marked a significant milestone by flagging off its first shipment of nearly 2,900 LHD units of the Magnite from the Kamarajar Port (KPL) in Chennai, India.
JPMorgan appoints Pranav Thakur as sole head of global markets
Indian-origin Pranav Thakur, who was named co-head of the business alongside Sippel in 2024, will now serve as the sole head of global markets, according to an internal memo, as reported by Reuters on Friday, January 31.
Perplexity AI’s plan for TikTok involves US government ownership
The proposal, submitted last week, is a revision of a prior plan the artificial intelligence startup had presented to TikTok’s parent ByteDance on Jan 18, a day before the law that bans TikTok went into effect.
From almost extinct to exceptional growth: Rise of TECO Chemicals and Gaurav Saini
A “naughty”, “ambitious” and “not a studious kid” from the streets of Delhi, India’s capital city that houses a population of 33 million, is now the Managing Partner, CEO & Executive Board Member of Teco Chemicals, an Oslo-headquartered company with a growing reputation in the maritime sector. Connected to India’s CEO Himanshu Verma sat down […]
E-Vitara: Maruti Suzuki unveils first electric vehicle
Car maker Maruti Suzuki unveils first electric vehicle
World Bank predicts India to grow at 6.7 percent for next 2 fiscal years
Growth in South Asia is expected to rise to 6.2 percent in 2025-26, with the projected firm growth in India, the World Bank said on Thursday.
Singapore Airlines to continue as title sponsor of Singapore Grand Prix till 2028
This latest extension will cover the event, which will continue to be called the Formula 1 Singapore Airlines Singapore Grand Prix.
Meta to slash 5 percent global workforce, lowest performers to be targeted: Reports
Meta to slash 5 percent global workforce
IMF MD says Indian economy likely to be ‘a little weaker’ in 2025
Georgieva said she expects the Indian economy to be a little weaker in 2025. However, she did not explain it any further. The World Economy Outlook update week will have more details about it.
