June 2023 Roundup: Transformative Headlines Reshaping Indian Business and Economy
Major Business and Economy News Headlines for June 2023.
Engineering Graduates See 15% Salary Hike: A New High in India
Indian engineering graduates report a substantial annual salary increment of 15%, elevating the average starting income to ₹4.57 lakh, as detailed by the latest National Institutional Ranking Framework Report.
P&G Unveils ₹2,000 Crore Investment Plan for India
Procter & Gamble India discloses a ₹2,000 crore investment in Gujarat to build a unique healthcare facility, expanding its global healthcare product portfolio, with a special focus on digestives.
Dream11 is now Indian Cricket team new Jersey Sponsor
Dream11 takes over as the official jersey sponsor for the Indian Cricket Team, as BCCI breaks ties with the EdTech firm Bijus under tumultuous circumstances.
Merger Propels HDFC into Global Valuation Elite
HDFC Bank, following its strategic merger, is set to join the League of the most valuable banks of the World, challenging the longstanding dominance of its American and Chinese counterparts.
Dior: The Most-Mentioned Global Brand on Instagram
Luxury label Dior leads the Instagram fame game, securing the most unique mentions from influencers, and an earned media value of $26.08 million, as mentioned in a survey by HypeAuditor.
JPMorgan Dethrones Goldman in M&A Ranking
Goldman Sachs descends to the second position after a five-year reign in M&A, with $237 billion transactions contributing to an 18.8 per cent market share.
Ajay Banga: From World Bank President to US Great Immigrant of 2023
World Bank President Ajay Banga earns a spot on the Carnegie Corporation of New Yorks esteemed- Great Immigrants list for his significant contributions to American society and democracy.
Mumbai: Home to 77% of Total Skyscrapers in India
CBRE South Asia reveals that Mumbai houses 77 per cent of Indian tallest buildings. The premium prices make skyscraper construction economically feasible in Mumbai.
US Aims to Process 1 Million Indian Tourist Visas in 2023
First-time US tourist visa interview wait times slashed by 50 per cent in India, as US Ambassador Eric Garcetti outlines a 2023 target of processing one million visas.
IndiGo Soars High, Reaches ₹1 Trillion Market Cap
The Stock of IndiGo skyrockets to a 52-week peak of ₹2,634.25 on BSE, pushing the market valuation of the airline to an impressive ₹1.01 Trillion.
The Vist of PM Modi to US Bolsters Indian Geopolitical Clout
United States visit of PM Narendra Modi amplifies global geopolitical significance of India, stimulating worldwide business confidence in the Indian economy.
RBI Hails Success of ₹2,000 Note Rollback
RBI Governor Shaktikanta Das confirms over two-thirds of circulating ₹2,000 notes have been successfully withdrawn since the announcement.
News Source & Image Credit
All News Content Source is from Top World News Wires & Social Media Channels such as LinkedIn & Twitter. All Images are Credited to paid membership from Canva and from Various Public Domain Social Media Platforms.
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