< Back Luxury home sales spike by 37.8% in 2024 in metros 18 Nov 2024 Delhi-NCR and Mumbai emerged as the top markets where luxury home deals are getting closed in 15 days flat. Driven by Millennials and Gen Z, luxury home sales in metro cities experienced a significant rise between January and September 2024. Delhi-NCR, Mumbai, and Hyderabad emerged as the winners, with 90% of the total luxury residential property sales in the top seven metro cities. As per a CBRE report, the total number of luxury homes sold between January and September 2024 was around 12,625, against 9,160 units sold in the same period last year. Delhi-NCR topped the charts with sales of around 5,855 units, an increase of 72% year-on-year, followed by Mumbai with 3,280 unit sales and 18% growth. 33% of buyers purchase ultra-luxury homes, and 54% of home deals are closed by millennials. The trend is also driven by a 12% rise in the number of affluent Indians (earning over $10,000 annually, approximately ₹8.4 lakhs) from 2019-2023. There are expected to be 100 million affluent Indians by 2027. Previous Next

< Back Netflix to acquire Warner Bros. for $82.7 billion 11 Dec 2025 In the early 2010s, HBO dismissed Netflix’s potential, declined a partnership, and resisted licensing content to Netflix. Netflix and Warner Bros. Discovery, Inc. (WBD) entered a definitive agreement, which allows Netflix to acquire Warner Bros. and its studios, HBO, HBO Max, New Line Cinema, and the debt. The enterprise value is $82.7 billion, of which equity is $72 billion. The transaction will close after WBD Global Networks Division separates from Discovery Global to form a publicly traded company by Q3 2026. Paramount Studios pursued WBD for months. After the Netflix deal, Paramount triggered a hostile takeover bid. It wants the entire WBD portfolio, including pay-TV networks, for $108.4 billion. HBO’s parent company, Time Warner, merged with AOL in 2001 and was sold to AT&T in 2016, among the worst business deals. HBO joined Warner in 2022. In the late 1990s, Amazon offered to buy Netflix for $16 million, but Netflix declined. In 2000, Netflix offered to sell itself to Blockbuster for $50 million, which Blockbuster laughed off. Check out my new book, THE BLACK FLAMES , on Amazon Kindle. A gripping, high-stakes mystery. ⭐⭐⭐⭐.6 stars on Amazon ⭐⭐⭐⭐⭐ on Goodreads Previous Next

< Back India rejects US investigations into trade practices, policies 16 Apr 2026 In March, the US began investigating trade practices of 16 economies, including India, China, Japan, the EU, and forced labour related reviews across 60 economies. India has firmly rejected the United States’ Section 301 investigations and called for their termination. In its submission to the US Trade Representative (USTR), India argued that the probe is based on broad macroeconomic indicators rather than any specific act, policy, or practice that could be deemed “unreasonable or discriminatory” under the Trade Act of 1974. India has also challenged a second Section 301 investigation related to alleged inaction on forced labour, again asserting that the probe does not meet legal requirements for initiation. Section 301 of the US Trade Act of 1974, one of Washington’s most powerful trade‑enforcement tools, allows the US Trade Representative (USTR) to investigate whether another country is engaging in: Unfair trade practices Discriminatory policies Actions that burden or restrict US commerce If the USTR concludes that such practices exist, the US can impose unilateral trade measures, including tariffs other restrictions, without waiting for WTO approval. Check out my new book, THE FLAMES TURN WHITE – THE BLACK FLAMES SERIES BOOK II. A gripping, high-stakes mystery. Previous Next

< Back Adani and Uber to integrate to offer EV taxis 1 Mar 2024 Adani Group intends to offer its electric vehicles as cabs on the Uber app. Uber, in turn, will integrate with the travel superapp Adani One. Discussions are ongoing between the two conglomerates to offer Adani’s electric vehicles on the Uber app. In the second phase, Uber will integrate with the superapp Adani One. Adani Group will purchase EVs, brand them, and enlist them in Uber’s network across cities with Adani Airports, like Mumbai, Jaipur, Lucknow, and Ahmedabad. Adani Group’s existing partnership with Uber provides dedicated pick-up zones at Adani Airports for the ride hailing app. The travel superapp Adani One currently offers flight bookings, holiday packages, and airport services. Uber has been trying to include more EVs in its fleet and eventually transform into a zero-emission mobility platform by 2040. It launched its EV service, Uber Green, in Delhi last month. In February 2023, Uber signed a deal with Tata Motors to acquire 25,000 EVs. It also plans to integrate as an anchor app with the superapp Tata Neu to offer cab hailing services. Previous Next

< Back Maharashtra CM inaugurates Nifty WAVES Index 2 May 2025 Launched by the National Stock Exchange (NSE), the WAVES Index will track the performance of the creative economy. The World Audio Visual and Entertainment Summit (WAVES) Summit 2025 aimed at establishing India as the global epicentre for the creative streams. The new WAVES Index launched during the Summit includes 43 listed companies from the creative sector, including Zee Media, Hathway Cable, PVR Inox, Saregama, Network18, and TV Today. It has been set with a base value of 1000 beginning from April 1st, 2005. The new index will organise performance tracking of India’s creative industries. India’s creator economy employs 8% of the workforce and contributes $30 billion to the GDP. Maharashtra CM Devendra Fadnavis announced MoUs worth ₹8,000 crore for the sector development aimed at positioning Maharashtra as a global hub in the storytelling domain. Godrej is developing a ₹2,000 crore studio in Panvel to attract global post-production work. The government also established the Indian Institute of Creative Technology in Mumbai to train professionals in creative fields. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp , LinkedIn , Facebook , X , and Instagram . Previous Next

Ses cofondateurs ont précédemment vendu une startup de sécurité à Microsoft, qui a fini par devenir le point fort de ses offres de sécurité dans le cloud. < Back Google achète Wiz pour un record battu 32 milliards de dollars Ses cofondateurs ont précédemment vendu une startup de sécurité à Microsoft, qui a fini par devenir le point fort de ses offres de sécurité dans le cloud. Afin de renforcer ses offres de sécurité dans le nuage, de proposer des services multicloud et de concurrencer Microsoft Google a racheté la société Wiz Inc., basée à New York, pour 32 milliards de dollars, ce qui constitue la plus importante transaction entièrement en numéraire. Wiz, fondée en 2020, a rejeté l’offre de 23 milliards de dollars Google en juillet 2024 en raison de son projet d’introduction en bourse, ce qui n’a jamais eu lieu. La société a été évaluée à 16 milliards de dollars l’année dernière lors d’une vente secondaire. La startup a enregistré 350 millions de dollars de revenus récurrents en février 2024, soit 100 millions de dollars de plus qu’en octobre 2021. Elle prévoit de déclare 1 milliard de dollars de revenus récurrents cette année et a déjà atteint 700 millions de dollars. Wiz sera une plateforme indépendante et fonctionnera avec tous les fournisseurs de cloud. Ne manquez pas un autre article de SalestorrsNouvelles150. Suivez Salestorrs sur WhatsApp , LinkedIn , Facebook , X , et Instagram . Previous Next

< Back Adani to divert funds from stake sale towards infrastructure 8 Jan 2025 Adani Enterprises had proposed a FMCG business demerger in August 2024, which was withdrawn in October. On December 30th, Adani Enterprises announced its decision to sell the entire 43.94% stake in Adani Wilmar Limited. It sold 31.06% to Singapore-based Wilmar International and plans to sell the remaining ~13% in the open stock market for a total of $2 billion. Adani’s exit from Adani Wilmar, its FMCG business, was long expected. Adani Wilmar makes cooking oil, wheat flour, and other edibles under the ‘Fortune’ brand. The edible oil share declined steadily due to rising import costs and weak demand, but Adani retained market leadership at 20%. The edible oil segment contributes 80% to Adani Wilmar's revenue share but offers lower profitability, with a margin of just 0.33% in FY2024. This is the biggest deal after Adani was indicted in the US on bribery charges in November. The matter pushed the conglomerate to focus on reducing the debt of ₹2.4 lakh crore in FY2024 from its listed companies. Previous Next

< Back How JLR turned from the worst mistake to a money maker for Tata? 10 Nov 2023 JLR brought a ₹21,000 crore debt to Tata Motors. In FY 2009, the company reported a loss of ₹2,500 crores, a first in seven years. Tata bought the British car maker for USD 2.3 billion on June 2, 2008, at the beginning of the recession. The world thought of it as a colossal mistake at the time. The acquisition brought a ₹21,000 crore debt to Tata Motors, and for the first time in seven years, the company posted a loss of ₹2,500 crores. And, now, in the second quarter of the current financial year, JLR recorded two-thirds of Tata Motors’ total profit. So, what changed? JLR’s focus on profitable vehicles like the Defender, Range Rover, and Range Rover Sports clocked 77% of the order book and 64% of total car sales this year. It plans to take its global market share from 12% to 17% by FY 2026. They will eventually wholly exit the low profitability segments like the Jaguar sedan and relaunch them as fully electric sports vehicles starting from £ 100,000 with a range of 700 kilometres. Previous Next

< Back GIFT City, Gujarat, pulling Indian startup HQs back home Ishita Nigam 19 Sept 2023 International Financial Services Centres Authority (IFSCA) set up an International Financial Services Centre (IFSC) in Gujarat to stop Indian startups from setting up headquarters in foreign locations. PhonePe shifted its headquarters back home from Singapore last year, and up to 20 Indian startups are planning to follow suit. Among those who are interested in ‘Desh Wapsi’ or reverse flipping are Groww and Razorpay. These companies set up their base abroad due to high taxes, unsupportive business environment, mandatory guidelines from investors like Y Combinator, and ineffective Intellectual Property Laws. That’s when IFSCA’s International Financial Services Centre was set up in GIFT City, Gujarat. The Gujarat International Finance Tec-City (GIFT City) is a foreign territory in India, offering tax exemptions and simplified financial norms. The 530+ startups registered there can transact in foreign currency, move their capital and investments in and out of India, and enjoy a business-friendly environment with access to venture capitalists and fintech centres. SEBI, RBI, Pension Fund Regulatory and Development Authority (PFRDA), and Insurance Regulatory and Development Authority of India (IRDAI) regulate GIFT City’s functioning. Previous Next

< Back Rupee crosses 90 per dollar for the first time 3 Dec 2025 The Indo-US trade deal, stuck in limbo, is believed to be the primary cause for the decline. The rupee slide had been building up for weeks, but the speed of the decline caught the Indian market off guard. The RBI is believed to have stepped in to calm the volatility. INR has dropped 5.3% this year, its sharpest annual fall since 2022. Major factors causing the decline are believed to be: Weakening foreign investment portfolio flow Indo-US trade deal not moving forward A global shift towards the dollar. Foreign investors have pulled out $17 billion from the Indian stock market this year, and the net FDI and overseas commercial borrowings have been weak. The GDP is growing speedily, but so is the trade deficit. The GDP growth rate is at a six-quarter high, but the trade deficit is steeper due to 50% US import tariffs. INR is expected to stay volatile unless foreign flows resume or global market conditions stabilise. Check out my new book, THE BLACK FLAMES , on Amazon Kindle. A gripping, high-stakes mystery. ⭐⭐⭐⭐.6 stars on Amazon ⭐⭐⭐⭐⭐ on Goodreads Previous Next

< Back Vietnamese automaker VinFast to set up manufacturing in India Ishita Nigam 28 Sept 2023 Deemed as Tesla’s rival, VinFast is the 17th most valuable car maker in the world with a valuation of $25.7 billion. Vietnamese automaker VinFast has shortlisted Tamil Nadu and Gujarat to set up its manufacturing unit in India. VinFast will be the first Vietnamese automaker in the country if its plans go through. It is the Electronic Vehicles arm of Vietnam’s largest corporation, Vingroup. It set up its first facility in North Carolina, the US, in July this year. VinFast is expected to offer affordable and value for money EVs with its facility in India. Last month, the carmaker’s valuation shot up 700% to $191 billion after enlisting on Nasdaq, making it the third largest car maker in the world by market capitalization after Tesla and Toyota. But soon, stock volatility saw its valuation crash by $140 billion this month to land at $25.7 billion. Despite selling just 7,400 cars in 2022, and all in Vietnam, Vinfast expects to sell up to 50,000 units this year globally. Previous Next

< Back India, Ireland to set up Joint Economic Commission 10 Mar 2025 Around 15 of the global top 30 semiconductor makers in terms of revenue are in Ireland. During the Indian External Affairs Minister, S Jaishankar’s two-day visit to Ireland, the two countries agreed to establish a Joint Economic Commission (JEC) to coordinate on trade and global economic issues like the World Trade Organisation. This was the first visit by an Indian external affairs minister to Ireland and the first high-level visit after Prime Minister Narendra Modi visited Ireland in 2015. The formal agreement will be signed this year. The JEC senior officials will meet once every two years to strengthen bilateral ties and promote collaboration in AI, cybersecurity, fintech, and semiconductors. Also, S Jaishankar inaugurated new Consulate Generals of India in Belfast and Manchester on March 7th and 8th. The EU’s College of Commissioners led by Ursula von der Leyen, the European Commission President, visited India on February 27-28. During the meeting, India and Ireland decided to finalise the Bilateral Trade Agreement (BTA) by this year-end. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp , LinkedIn , Facebook , X , and Instagram . Previous Next