Companies

Unilever to spin off ice cream business, eliminate 7,500 jobs [details]

Unilever, the parent company of Hindustan Unilever, on Tuesday announced to separate its ice cream unit into a standalone business, in a restructuring exercise that will result in nearly 7,500 job losses at the company.

Mar 19, 2024

$Bharat Tex 2024$

Inspiring Tomorrow's Textile Landscape: Bharat Tex 2024 Premieres February 26th at New Delhi!

Bharat Tex 2024 is a celebration of India's rich textile legacy and its vision for a sustainable, innovative future

Feb 19, 2024

bosch share buy back germany company multinational

Bosch to acquire minority stake in solar power companies; logs Rs 518cr Q3 net

Automotive components and consumer goods player Bosch Ltd will acquire a small stake in two solar power generation companies at an outlay of about Rs 4.88 crore.

Feb 13, 2024

ITC gross revenue at Rs 17,483 cr for Q3 represents 2.1% YoY growth

Amid a challenging macro-economic and operating environment and high base effect in some of its operating segments, ITC Limited delivered resilient performance during the quarter ended December 31, 2023.

Jan 29, 2024

L'Oreal heiress is first woman to amass a fortune of $100bn [details inside]

The L'Oreal heiress and businesswoman, Francoise Bettencourt Meyers, has become the first woman to amass a fortune of $100bn, media reports said.

Dec 29, 2023

What does Adani and Sirius partnership mean for India's Digital Revolution?

The joint venture, Sirius Digitech International Limited (Sirius JV), holds immense potential to reshape the country's digital landscape in several key ways. Read more.

Dec 29, 2023

Adani Green Energy to buy 8000-MW solar power for 25 years from Solar Energy Corp of India

The Adani Green Energy Ltd (AGEL) has executed a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) 1,799-MW solar power for a period of 25 years, an official said on Monday.

Dec 25, 2023

Ola Electric files DRHP with SEBI, aims to raise Rs 5,500cr via IPO: Report

Homegrown electric two-wheeler manufacturer Ola Electric has filed its draft red herring prospectus (DRHP) with capital markets regulator Securities and Exchange Board of India (SEBI), a media report said on Friday.

Dec 22, 2023

Omidyar Network India To Wind Up Operations, Stops Making New Investments

What does Omidyar Network's surprise exit mean for India's investment landscape

Omidyar Network India surprises by announcing its exit from the Indian market by 2024 amid a dip in funding for the country's tech startups. Let's take a look at how this move could impact India's investment landscape.

Dec 12, 2023

Homegrown Fintech Startup ZestMoney To Shut Down

Why is ZestMoney shutting down; reasons behind downfall of homegrown fintech startup

ZestMoney was valued at $445 million and raised over $130 million from a range of investors, like Ribbit Capital, Omidyar Network, PayU, Xiaomi and Alteria Capital, among others.

Dec 6, 2023

Lithium-Ion batteries for Apple iPhone to be manufactured in India, minister says

Cabinet Minister Rajiv Chandrasekhar said that TDK Corp, a Japanese electronics manufacturer, will make lithium-ion battery cells for Apple iPhones in India

Dec 4, 2023

Make In India reaping fruits as Amazon eyes $20 billion exports by 2025: Top official

Amazon has slashed the subscription fees for its global selling programme from $120 to $1 for the first three months for exporters signing up before March 31

Nov 17, 2023

JioCinema inks deal with Pokemon Co. in kids entertainment push, report says

Under the deal, JioCinema will stream various Pokemon shows in various Indian languages

Nov 17, 2023

Dr. Reddy's Expands Core Business While Venturing Into Innovation In Q2 FY24

Dr. Reddy's reported a significant 33% jump in its consolidated profit after tax (PAT) for Q2 FY24, reaching an impressive $178 million, up from approximately $134 million in the same quarter the previous year

Nov 14, 2023

Kanwar Bir Singh Talks About Maximizing Efficiency of Businesses with The Help Of Automation Tools

Kanwar Bir Singh said Direct selling is not just about sales; it's about consistently finding ways to simplify tasks, helps us in creating an ecosystem where our distributors can thrive and achieve their full potential

Nov 6, 2023

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