Business News

The resignation of a high-profile Indian entrepreneur from the company he co-founded has led to worry in the country's booming start-up sector. Ashneer Grover, founder of at least two unicorns - tech start-ups valued at over $1bn - resigned last week as managing director of BharatPe, one of India's most prominent fintech companies, after a public fallout with the board of the company he founded.

Birmingham and Solihull’s new £1.458m Coroners Court was officially opened by the Chief Coroner for England and Wales, His Honour Judge Thomas Teague QC, earlier.

The former Youth Court on Steelhouse Lane, has been fully refurbished to triple the number of court rooms for inquests from one to three, which will have technology to enable representatives or jury members to attend hearings virtually.

Motorists are being advised to plan ahead for a series of road works and carriageway closures on the A45 Small Heath Highway in Birmingham.

The surfacing works will complete the main construction on the Small Heath Highway of bus lanes and infrastructure for the priority bus route - part of a continuous route from Walsall to Solihull via Birmingham city centre.

Anade Davis, the Founder and Chief Data Scientist for the World Data Science Institute, is also now the inventor of CryptoShare, an app that allows users to pay bills, shop, and borrow money using digital currency. Just five years ago in 2017, Anade was driving for Uber, but now he is the owner of a company that is already valued at over $8 million dollars.

The boss of a British woodworking firm has been crowned 2022 Entrepreneur of the Year.

Amarjit Binji, Chief Executive Officer of AJB Group, beat off stiff competition to win this prestigious title at the Midlands Business Awards (MBAs). Winners across the 11 categories were announced at a gala black-tie event held in Leicester on Friday (March 4).

National law firm Clarke Willmott LLP has advised chartered financial planning firm RU Group on its acquisition by multi-disciplinary professional services firm, Progeny.  The deal, subject to FCA approval, will increase Progeny’s total assets under management to over £3 billion and allow the business to expand its presence in South Yorkshire and the East Midlands.   

A2Mac1, the worldwide leader in automotive competitive benchmarking data and intelligence, is pleased to announce the acquisition of the market intelligence and insights business of Coram Research.

In line with its continued growth strategy, A2Mac1, the worldwide leader in automotive competitive benchmarking data and intelligence, announces the completion of buying and integrating the market intelligence and insights business of Coram Research from Coram SAS. 

With Brent crude - the international benchmark for oil prices - surging to $113 a barrel sparked by the war in Ukraine, is India headed for an oil price shock?

The price rise, the highest since June 2014, is worrying India no end. Guzzling up to 5.5 million barrels every day, India is the world's third largest consumer of oil, behind US and China.

Downtown in Business Birmingham is delighted to announce the shortlist for the City of Birmingham Business Awards 2022.

The City of Birmingham Business Awards (COBBA) was established by Downtown Birmingham in 2017 to acknowledge and celebrate companies and entrepreneurs that have made a successful and significant contribution to economic growth in the city region.

H&M Group is deeply concerned about the tragic developments in Ukraine and stand with all the people who are suffering. H&M Group has decided to temporarily pause all sales in Russia.

The stores in Ukraine have already been temporarily closed due to the safety of customers and colleagues.

The development of a new £24 million Dudley transport interchange has taken another step forward with the submission of a final planning application. Set to be built on the current bus station site, the new Dudley Interchange will link bus services to the tram services on the Black Country Metro extension currently under construction.

New analysis from Social Enterprise UK, commissioned by Access – The Foundation for Social Investment and Big Society Capital, has found that social enterprises in the West Midlands have continued to grow strongly despite the pandemic. Diving into data gathered in 2021 through the biannual State of Social Enterprise survey by Social Enterprise UK, this latest research has found social enterprises in the West Midlands responding strongly to the pandemic and continuing their work to make our society a better place to live.

Wednesfield Library has become one of the first of 170 public sector sites in the City of Wolverhampton to go live on a new gigabit-capable full fibre broadband network.

CityFibre, the UK’s third national digital infrastructure platform, has rolled out the network after the council secured £4.9million government funding from the Department of Digital Culture Media and Sport (DCMS) Local Full Fibre Network project.

Works to improve Birmingham City Council’s CCTV network around the city centre – which would see 24 new cameras installed and 30 existing cameras upgraded are due to begin this month (March 2022).

The expansion follows Cabinet’s approval for the proposals on 14 December to help plug gaps in CCTV coverage and improve the quality and reliability of city centre network, as well as help residents, visitors and workers in the area feel safer.

Westley Group, one of Europe’s largest privately-owned foundry and engineering groups, is set to further invest in new CNC machinery following an eight-figure funding package from HSBC UK. The funding from HSBC UK will support the Group’s UK business plans to add further value to its foundry activities through machining more of the castings it produces for its worldwide customer base.

The University of Wolverhampton’s Business School has secured an award-winning female entrepreneur to speak at a business networking event on International Women’s Day.

Great British Entrepreneur award winner, Fungai Ndemera, will be guest speaker at the free networking event which takes place on Tuesday 8 March from 12.00 midday until 2.00 pm in the University of Wolverhampton Business School, Deanery Row in Wolverhampton. The event has been sponsored by FBC Manby Bowdler Solicitors LLP.