Published : 28 July 2023
By : Sachin Gupta
JLR India reported its best-ever Q1 sales performance, growing by 102% and selling 1048 units in total. In the first quarter of FY24, the JLR-certified pre-owned business increased by 137%, demonstrating the rising demand and the value of JLR brands in India.
BlackRock, the largest asset manager in the world is set to re-enter India by partnering with Jio Financial Services Ltd to launch an asset management business with a $300 million total investment.
Adani Transmission Ltd. has changed its name to Adani Energy Solutions Ltd. The company's entry into the power distribution sector following the purchase of Reliance Infrastructure's power distribution business, subsequent growth, and the application of a parallel license in Maharashtra and Uttar Pradesh warranted the renaming.