The Tata Safari will hit the market in the coming weeks and will be the first seven-seater SUV after the Safari Storme. It was originally showcased as the Buzzard at the Geneva Motor Show in Mar 2019 before debuting as Gravitas at the 2020 India Auto Expo. Tata Motors has reintroduced the Safari brand back into its portfolio after a gap of 14 months.

India's gross domestic product (GDP) might contract by 8% in 2020-21, according to the latest FICCI's Economic Outlook Survey. The median growth forecast for agriculture and allied activities is expected to be 3.5% in the upcoming fiscal. However, industry and services sector are expected to contract by 10% and 9.2% respectively during 2020-21, due to the pandemic related economic fallout.

Grasim Industries' entry into the paints industry will not dampen Indigo Paints' grey market premium. Analysts feel Grasim would take a considerable time setting up capacity and commanding a significant market share. Besides, they noted that the industry still has scope for organised players eating into the market share of unorganised players.

BookBaggage on Tuesday launched its app-based service in collaboration with the Indian Railways. It aims to offer safe transit of luggage and parcel. BookBaggage already offers baggage delivery services for airline passengers and has now extended it to Railways passengers. The company also introduced app-based end-to-end parcel services for customers wanting to send parcels by train.

Mobile phone numbers of over 500 million Facebook users are up for sale through a Telegram bot. According to security researcher Alon Gal, the data includes phone numbers of over 60 lakh Indian users. Gal further pointed out that the person who runs the bot claimed that the information of 533 million Facebook users came from a vulnerability that the social media giant patched in 2019.

Indigo Paints will finalise the basis of share allotment on Jan 28. You can check the subscription status on the registrar’s website or BSE website (https://www.bseindia.com/investors/appli_check.aspx). Select the issue type as ‘equity’, and the issue name as ‘Indigo Paints’ from the drop-down list. Now, enter application number and PAN. finally, click on the search tab to view the status details.

The European Union is influencing AstraZeneca to deliver more coronavirus vaccine doses to its 27 nations and to stick to its initial promises once the jab gets EU approval. AstraZeneca's statement of delivering fewer vaccines to the EU early on has increased pressure on the 27-nation bloc, especially since Pfizer-BioNTech, failed last week to keep up its promised deliveries to the EU.

Masayoshi Son will step down as SoftBank Corp. Chairman, completing the transition of leadership at the domestic telecommunication unit that had been at the centre of his technology empire. Ken Miyauchi, who previously held the position of the chief executive officer, will step into the chairman’s role in Son’s place, while Junichi Miyakawa takes over as CEO.

ONGC Videsh (OVL), the overseas arm of ONGC, plans to bag about $400 million in foreign currency bonds to partly repay debt. The oil explorer undertook the debt to fund its purchase of a stake in a giant Mozambique gas field. Earlier, ONGC Videsh raised Rs 525 million through a seven-year bond in July 2014 to partly finance its acquisition of a stake worth $4.12 billion in the Mozambique block.

Dhanlaxmi Bank announced on January 26 that its shareholders had approved the appointment of Shivan JK as the next MD and CEO of the lender. The bank now will likely seek the central bank’s nod for Shivan’s appointment. Shivan, who has over three and half decades of experience in banking, has handled various areas in commercial banking at SBI.

Hindustan Unilever is expected to register double-digit growth in its net profit and revenues for the quarter ended December on Wednesday, thanks to recently acquired products from GSK Consumer Healthcare and steady recovery in certain product segments. HUL’s revenues are likely to grow 19% on a YoY basis to Rs. 11,647.8 crore, while its net profit may rise 28.4% to Rs. 2,075.2 crore.

Grofers expects to attain ₹10,000 crore in GMV by March thanks to steady traction of around 50 lakh customers during its ongoing sale. The company experienced around 3 to 4 times sales increase during its the Grand Orange Bag Days (GOBD) sale by focussing on private label products. Grofers is expecting its GMV to touch around Rs 30,000 crore by 2022.

Fearless and United Guards (FAU-G) mobile game, based on the Indian and China army clashes in the hostile Ladakh’s Galwan Valley in June last year will make their debut on the Google Play Store on India’s Republic Day, January 26. nCore Games, the game developer, disclosed that it had clocked 1.05 Mn pre-registrations on the Play Store within 24 hours of the option going live.

Starfish Growth Partners and Investpad on January 25 announced the introduction of a joint innovation fund called the Starfish Investpad Innovation Fund aimed at raising $100 million for early-stage startups over the next three years. The fund will provide business incubation, capital, fundraising advice and growth acceleration services for emerging start-ups.

The newly inducted Rafale fighter participated in India's Republic Day flypast for the first time. The fighter performed the 'Brahmastra' formation alone and was part of the 'Eklavya' formation along with two Jaguar and two MIG-29 aircraft. It conducted Eklavya formation by flying at a height of around 300 meters. The five jets resembled a V shape with Rafale leading the pack.