General Awareness

BUSINESS AND ECONOMY - July 2025

Jul 2025

Jan 03, 2026

KFC Operator Sapphire Foods' Merger with Devyani International

In a significant consolidation in the food services sector, Sapphire Foods India will merge with Devyani International, one of the country's leading quick-service restaurant (QSR) operators.
Both the companies operate KFC and Pizza Hut restaurants in India. Additionally, Devyani International has Costa Coffee, Vaango, and The Food Street in its stable, while Sapphire Foods operates Taco Bell in India.
The boards of Devyani International Ltd (DIL) and Sapphire Foods India Ltd (SFIL) have approved a scheme of arrangement for the merger of SFIL with and into DIL, marking a strategic consolidation of the two companies.

Jan 02, 2026

Maruti Suzuki Exports Highest-Ever 3.95 Lakh Vehicles in 2025

Maruti Suzuki India Ltd said on 1 January that it exported 3.95 lakh vehicles in 2025, the highest annual total in the company’s history. The figure represents a growth of over 21 percent compared with 2024, helped by expanding overseas demand and new models. The company noted that 2025 marked the fifth consecutive year of exporting to over 100 countries, with 18 models in the international lineup. Notably, Suzuki’s first Battery Electric Vehicle for India, the e-VITARA, began exports in 2025, underscoring the shift toward electrified offerings in its global portfolio. India remains a top passenger vehicle exporter for the fifth straight year.

Exports reached 3.95 lakh vehicles in 2025, a company record.
Exports grew by over 21 percent year-on-year from 2024.
Eighteen models were exported to 100+ countries in 2025.
Bev exports began with the e-VITARA, signaling electrification in exports.

Warren Buffett Steps Down as Berkshire Hathaway CEO

Warren Buffett, widely known as the Oracle of Omaha, has stepped down as chief executive officer of Berkshire Hathaway, ending a leadership era spanning nearly six decades. At 95 years old, Buffett has handed daily executive control to Greg Abel, while continuing as chairman and remaining involved in major strategic decisions. Buffett’s tenure began in 1965 when he took control of the once-struggling Berkshire textile business and redirected capital toward insurance, reinsurance, and diversified investments. Over the years his patient, value-based approach became the hallmark of Berkshire’s growth and a framework for many investors. The change signals leadership continuity, with Abel seen as a capable successor aligned with Buffett’s long‑term philosophy.

Buffett steps down as CEO after nearly 60 years; Greg Abel becomes CEO; Buffett remains chairman.
He started Berkshire’s shift from textiles to insurance and diversified investments in 1965.
Buffett’s value‑based investing approach defined Berkshire’s growth and influenced modern investing.
Abel is expected to maintain Buffett’s long‑term philosophy and corporate culture.

Jan 01, 2026

India Becomes Fourth-largest Economy by Overtaking Japan

India has overtaken Japan to become the world's fourth-largest economy, with a GDP of USD 4.18 trillion, and is projected to surpass Germany to claim the third spot by 2030, according to a government release in December 2025.

Sharma Appointed Titan Chairperson and Additional Director

Sandhya Venugopal Sharma was appointed chairperson and additional director on the Titan Company board in January 2026. The appointment follows a nomination from TIDCO, the co-promoter of Titan Company. Sharma is a 1995-batch Indian Administrative Service officer belonging to the Tamil Nadu cadre, with a long career across administrative and technical roles in state government. Her diverse background in regulation, planning, and project management is expected to inform Titan’s governance and strategic decisions. The move highlights ongoing ties between government leadership experience and corporate governance in India, particularly for consumer goods and jewelry groups such as Titan, which seek sustained growth and regulatory alignment.

Sharma appointed chairperson and additional director on Titan Company board in January 2026.
Appointment derived from nomination by TIDCO, Titan’s co-promoter.
Sharma is a 1995-batch IAS officer of the Tamil Nadu cadre.
Career spans administrative and technical roles in state government.
Possible impact on governance, regulatory navigation, and strategic growth at Titan.

Dec 30, 2025

Aryaman Financial Arm Gets RBI Approval to Operate as NBFC

Aryaman Financial Services Ltd (AFSL) said its wholly owned subsidiary Aryaman Finance (India) Ltd has received a Certificate of Registration from the Reserve Bank of India to commence the business of a Non-Banking Financial Institution. AFSL, based in Mumbai, is a SEBI-registered Category-I merchant banker involved in lead management and syndication of Small and Medium Sized IPOs, FPOs, Rights Issues, Composite Issues, QIP, PIPE deals, VC funding and other forms of fund raising. The RBI CoR allows Aryaman Finance to operate as an NBFC, broadening AFSL’s financial services portfolio and offering new credit and funding options to corporate issuers and investors.

RBI issued Certificate of Registration to Aryaman Finance (India) Ltd.
Aryaman Finance will operate as a Non-Banking Financial Company
AFSL is a SEBI-registered Category-I merchant banker
Current activities include IPO lead management, syndication, and other fund-raising services
Prerequisite milestone for AFSL’s expansion into NBFC services
Potential impact on access to credit for issuers and investors

Dec 29, 2025

Jayshree Ullal Tops Hurun India Rich List 2025

Jayshree Ullal, President and Chief Executive Officer of Arista Networks, has topped the Hurun India Rich List 2025. The list, released in late December 2025, shows Ullal with a net worth of Rs 50,170 crore, making her the richest Indian-origin professional manager globally. Ullal, who has led Arista since 2008, benefited from a rally in the company’s shares, driven by demand for cloud networking and data-centre infrastructure. She is followed by Satya Nadella, whose net worth is Rs 9,770 crore, and Sundar Pichai, at Rs 5,810 crore. The ranking reflects a shift in wealth accumulation among Indian-origin tech executives on the world stage.

Jayshree Ullal tops Hurun India Rich List 2025 with Rs 50,170 crore net worth.
Arista Networks CEO leads among Indian-origin professionals in global tech wealth.
Satya Nadella and Sundar Pichai are second and seventh respectively in this list.
Surge linked to sustained rally in Arista share prices and data-centre demand.
Hurun list highlights Indian-origin leadership in global technology.

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