Author: Vidushi Kanna

INDIA IS RELUCTANT TO INVESTMENTS FROM CHINESE FIRM BYD - Asiana Times

The Chinese Firm Build Your Dreams Auto Co., Ltd has decided to withdraw its proposed investment in its Joint Venture India of $1 billion to build electric cars after quite a Reluctance, hesitation and scrutiny from New Delhi. The scrutiny originated from the alleged security reasons concerning the planned investment by the Chinese Company in India from the Government Officials of Indian ministries of Finance and External Affairs.

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UNILEVER IN CHINA TO FACE A CONSUMPTION BOOM - Asiana Times

China has become the third-largest business in Unilever, with strong growth potential ahead. Recently China’s growth declined in the property market and exports. This has affected Unilever in China, the maker of Dove soap and Ben & Jerry’s ice cream, and a widely ranging skin and hair care products.  Despite the early predictions of a ‘consumption boom’, Unilever recovered in the second quarter of Financial Year 2024, with double-digit growth. Temporarily, the historic low in the consumer sentiments of China has increasingly shifted its demand towards Southeast Asia, particularly Thailand and Vietnam. Economic Regression China is facing a hard time…

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India’s second-largest two wheeler manufacturer, TVS Motors Company, is likely to announce a strong earnings growth result of first quarter, financial year 2024 this upcoming week. Sales and Other margins are expected to rise as the company witnesses positive changes.  TVS Motors Profit Result TVS Motors Company’s consolidated net profits rose to ₹434.30 crore by 42% year on year in the first quarter of financial year 2024, while revenue jumped by 20%. Last year, the company had reported a profit of ₹305.37 crore only. Product Innovation of TVS TVS Motors company Ltd is launching brand new products, the TVS Apache…

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