LiveHUL Sells Atta, Salt Business for Rs 60 Crore
On Friday, Hindustan Unilever (HUL) said it had signed an agreement to sell its atta and salt business under the ‘Annapurna’ and ‘Captain Cook’ brands....
Category : BUSINESS
India Setting Up $4 Billion Fund to Backstop Corporate Debt Market
India is setting up a Rs 33,000 crore ($4 billion) fund to provide liquidity to its corporate debt markets in times of stress, an SBI...
BEL and Israel Aerospace to Form JV For Product Support for Indian Defence
Defence PSU Bharat Electronics Limited (BEL) and Israel Aerospace Industries (IAI) have entered into a Memorandum of Agreement (MoA) to form a joint venture to...
Tata Steel and CBRI Signs MoU on Sustainable Mining Solutions on Tuesday
Tata Steel has signed an MoU with the Central Building Research Institute (CBRI), a component of the Council for Scientific and Industrial Research (CSIR), to...
HDFC Prices Its Largest-Ever Rupee Bond Issuance
Housing Development Finance Corp (HDFC) priced its largest-ever rupee bond issue ahead of a merger with its banking arm, creating Indian financial services giant worth...
Bharat Forge Ltd Signs MoU with Paramount Group at Aero India 2023
Bharat Forge Ltd (BFL) has signed a Memorandum of Understanding (MoU) with global aerospace and technology company Paramount Group to develop and produce composite rotor...
Surf Excel Becomes First Indian Home Care Brand to Exceed $1 Billion in Annual Sales
Surf Excel, Hindustan Unilever’s detergent brand, suited the first Indian home and personal care product to cross $1 billion in yearly sales in 2022. With...
Maruti Suzuki Partners with SMAS Auto to Boost Vehicle Subscriptions
On Wednesday, Maruti Suzuki India partnered with SMAS Auto Leasing India Pvt Ltd to enhance its car subscription programme. Maruti Suzuki India said in a...
Paytm Payments Bank Goes Live with UPI LITE to Facilitate Small UPI Transactions
On Wednesday, Paytm Payments Bank Limited (PPBL) said it had enabled UPI LITE, a feature enabled by the National Payments Corporation of India (NPCI) for...
Adani Plans to Repay $500 Million Loan Taken for Cement Deals
India’s tormented Adani Group is discussing with moneylenders to repay a $500 million channel loan facility it had occupied to buy supervisory stakes in cement...