Latest Business News Highlights on 18 June 2024: Honeywell and PwC India Collaborate for Digital Transformation, Jio Network Issues, Sony Pictures Appoints Nachiket Pantvaidya, Manav Rachna University Installs GNSS Receiver, Bikanervala’s Expansion Plans, Samsung’s Galaxy Watch 7 Series Launch, Indian Stock Market Hits Record Highs
The business world is abuzz with the latest developments in digital transformation and strategic partnerships. Honeywell and PwC India have joined forces to accelerate digital transformation for businesses, focusing on industrial, buildings, and infrastructure sectors. This collaboration aims to enhance reliability, cybersecurity, and reduce energy consumption through cutting-edge operational technology software solutions.
In other news, Jio users across the country are facing network issues, unable to access daily use applications like WhatsApp, Instagram, and YouTube. The outage has left many frustrated, with some taking to social media to express their anger over the disruption in services.
Sony Pictures Entertainment has appointed Nachiket Pantvaidya as the general manager of Sony Pictures International Productions (SPIP), India. Pantvaidya will oversee local Indian production and work alongside Shony Panjikaran in this new role.
Manav Rachna University has made history by becoming the first university in Delhi NCR to install a Global Navigation Satellite System receiver in partnership with the National Atmospheric Research Laboratory (NARL) of the Indian Space Research Organization. This milestone marks the setup of a GNSS and Space Weather Laboratory at the MRU campus.
Bikanervala, a renowned manufacturer of traditional Indian savouries and sweets, has announced plans to open 50 new outlets in 2024. The company recently inaugurated two new stores on the Delhi-Mumbai Expressway, expanding its presence in the culinary landscape.
Samsung is gearing up to unveil the Galaxy Watch 7 series at the upcoming Galaxy Unpacked event on July 10, with rumours suggesting the introduction of a higher-tier model known as the Galaxy Watch Ultra. This premium offering is expected to compete with the Apple Watch Ultra, offering advanced features to consumers.
Lastly, Indian shares closed at record highs for the third consecutive session, driven by gains in technology firms and private banks. The NSE Nifty 50 and S&P BSE Sensex both saw positive growth, reflecting strong domestic inflows and a rise in global equities. Market experts remain optimistic about the positive trend in the market, citing a strong earnings growth outlook.
Stay tuned for more updates on these developing stories.
