Category: Business

Hospitality giant OYO has rebranded its parent company from Oravel Stays to PRISM. This move, announced on September 7, 2025, highlights the firm’s shift toward global expansion and premium services as it prepares for an initial public offering later this year. The change aims to unify OYO’s diverse brands under one corporate identity. It comes at a key time for the company, founded in 2012 by Ritesh Agarwal, which now…

Georgia is about to get a manufacturing boost — and not just any kind. A South Korean company’s U.S. arm will pump more than $200 million into a rare earth magnet facility in Columbus, making it one of the largest investments of its kind in the Southeast. Big Bet on Columbus Gov. Brian Kemp’s office confirmed the deal: JS Link America, the U.S. subsidiary of Korea’s JS Link, will spend…

Georgia’s ports have sparked a major economic boost, with a new study showing they now support over 650,000 jobs and add billions to the state’s economy. This growth, revealed in fiscal year 2024 data, highlights how ports in Savannah and Brunswick fuel job creation and business expansion across the Peach State. Job Growth Hits New Highs A recent study from the University of Georgia shows Georgia’s ports support 650,965 full-time…

Nestle, the global food giant, has dismissed its CEO Laurent Freixe after an investigation uncovered an undisclosed romantic relationship with a direct subordinate. The decision, announced on September 1, 2025, marks a sudden end to his one year leadership and highlights strict corporate rules on workplace conduct. Who Is Laurent Freixe? Laurent Freixe joined Nestle in 1986, starting his career in France with roles in marketing and sales. Over the…

Georgia’s top aerospace companies have come together to form the Georgia Aerospace & Defense Alliance, aiming to strengthen the state’s position as a leader in this key industry. Announced on August 25, 2025, the group focuses on advocacy, workforce growth, and support for research tax credits to keep jobs and innovation thriving in the state. Alliance Forms to Champion Georgia’s Aerospace Sector Major players in Georgia’s aerospace world joined forces…

Georgia’s National Wine Agency kicked off a major marketing push for its wines in Germany on August 12, 2025, aiming to boost sales and awareness in one of Europe’s key markets. Partnering with FF.K Public Relations, the campaign features tastings, seminars, and retail promotions to highlight Georgia’s ancient winemaking heritage and unique varieties. Campaign Highlights and Goals This new initiative builds on years of efforts to expand Georgian wine exports.…

JSW Cement is set to finalise its IPO allotment today, capping off a five-day subscription window that drew strong attention from retail and institutional investors. The stock is slated for a debut on both the BSE and NSE in the coming days. Subscription Wrap-Up Brings Investors to Allotment Day The ₹IPO window opened on August 7 and closed on August 11, drawing a solid book despite mixed signals from the…

Indian auto giant to buy out Agnelli family’s stake, with plans to skip defense assets Tata Motors is gearing up for what could become the biggest acquisition in its history — and one of the most closely watched cross-border deals by an Indian company this year. The Mumbai-based automaker is in advanced stages of buying Italian commercial vehicle maker Iveco for $4.5 billion from Exor, the holding company of the…

Donald Trump and Elon Musk are at it again—and this time, it’s personal and political. The latest blow-up between the former president and the Tesla CEO has sparked questions about loyalty, taxpayer money, and even Musk’s citizenship. Yes, really. On Monday night in the U.S., Trump took to his favorite megaphone, Truth Social, to slam Musk for biting the hand that feeds him. His message? Without government subsidies, Musk would…

As headlines swing between missile threats and diplomatic whispers, gold trades in a tightrope dance — reflecting investor confusion, fear, and fleeting relief. Gold’s golden moment may have just dimmed a bit. After surging above $3,450 an ounce in overnight trade on June 16, spot prices lost steam by Tuesday as signs of a cooling tone between Iran and Israel began to emerge. But make no mistake — the market…