LiveBritannia Uplifts Varun Berry as Vice-Chairman, Rajneet Kohli as CEO
Recently, Britannia Industries has appointed Rajneet Kohli as the firm’s Chief Executive Officer (CEO) and Executive Director, with effect from September 26, 2022. It has...
Category : BUSINESS
Revlon Lenders Seeks Rehearing after Citigroup’s $500 MN Win
Some of the Revlon Inc. creditors who were being unintentionally sent $900 million plus by Citigroup Inc. requested a federal court appeal for a rehearing...
Shares of Ambuja Cements Shifts on NSE Watchlist after Adani’s Surge
Ambuja Cements is considered to be India’s second-largest cement maker. Its shares have subsequently been placed on a Short-term Watchlist; they surged more than 40...
Nestle Plans to Invest Rs 5,000 Crore in India by 2025, Says CEO
Global food and Beverages Multinational Nestle SA plans to invest Rs 5,000 crore in India by the next three and a half years, i.e. approximately...
Toyota Motor to Close Its Plant in Russia
Russia’s Ministry of Industry and Trade has cleared that Japan’s Toyota Motor (NYSE:TM) Corp has decided to close its plant in Russia. In March, Toyota...
RBI Cancels License of Maharashtra-Based Laxmi Cooperative Bank
The Reserve Bank of India (RBI)announced the cancellation of the licence of Maharashtra-based Laxmi Co-operative Bank because of a shortage of capital. Every depositor would...
Tata Steel to Merge All Metals Companies Under Tata Group
One of India’s largest steel producers, Tata Steel, has announced that it will merge all the metals companies of the Tata Group into itself. Under...
PepsiCo to Invest Rs 3,740 Cr to Establish Four Industrial Units in UP
PepsiCo’s all-India franchisee Varun Beverages Ltd has been given land in Gorakhpur, Amethi, Prayagraj and Chitrakoot districts of Uttar Pradesh for setting up units for...
Exide Industries to Invest Rs 6,000 Cr in Establishing Lithium-ion Unit in Karnataka
Industrial battery maker Exide Industries is planning to invest Rs 6,000 crore in the next 8-10 years to establish a 12 gigawatt-hour lithium-ion cell manufacturing...
Singtel Arm Sells 1.59% Stake in Bharti Airtel for Rs 7,261 Crore
On Thursday, Singtel‘s entity Pastel Ltd sold a 1.59% stake in Bharti Airtel for Rs 7,261 crore in open market trading. According to block trade...