FMCG major Hindustan Unilever Limited (HUL) on Friday announced that it has signed an agreement for the sale of its atta and salt business carried out under the brands ‘Annapurna’…
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IDBI Bank, Kotak Mahindra Bank, Patanjali Foods added to FTSE All World index
Home-grown brands IDBI Bank, Kotak Mahindra Bank, Patanjali Foods have been added to the FTSE All World index. As per the semi-annual index review announcement, global index aggregator FTSE Russell…
Adani case: ‘Proposed panel should look into truthfulness of Hindenburg’s allegations,’ Centre tells SC
Centre told Supreme Court on Friday that “truthfulness” of allegations made by a US short seller against the Adani Group should be looked into by a panel proposed to examine…
Infosys appoints new group head of human resources
Indian IT behemoth Infosys has appointed Shaji Mathew as head of group human resources (HR). Krish Shankar will retire from the second-largest IT services provider in India after 15 years…
Lenovo logs in 24% slump in revenue, plans job cuts as demand for computers, smartphones weakens
The Lenovo Group reported $15.3 billion in revenue and $437 million in net income in the third quarter (Q3) of FY22-23, which is a 24 per cent decline in revenue…
Adani row: SC rejects govt’s sealed cover suggestion for panel, says full transparency needed
The Supreme Court on Friday refused to accept the sealed cover report submitted by the Centre, stating that they want to have complete transparency. The sealed report had suggestions for…
This VC fund is on the lookout for founders ‘with the ambition of Mukesh Ambani’
Jungle Ventures, an early-stage VC fund that invests in Indian and Southeast Asian start-ups, thrives on a contrarian investing philosophy. In a year defined by a funding slowdown, Jungle VC…
OYO now biggest hospitality tech platform in Indonesia: CEO Ritesh Agarwal
OYO CEO Ritesh Agarwal said that the hospitality chain is the biggest hospitality tech platform in Indonesia. He said that there are over 2,500 exclusive OYO hotels available across over…
S&P puts Adani Transmission’s ESG rating under review
S&P Global Ratings has placed Adani Transmission’s ESG evaluation ‘under review’ following Hindenburg Research’s damning report on the conglomerate led by Gautam Adani. “We will closely monitor developments, including any…
Adani-Hindenburg issue, GoMechanic case will harm Indian businesses’ reputation: Report
Recent issues, especially those dealing with corporate governance in Indian businesses, will impact investor sentiments in the start-up segment, a report by market research platform, Tracxn has revealed. The report…