TOKYO, – Nintendo’s shares fell 8% in Tokyo on Monday after the company hiked Switch 2 prices and as the market frets over a lack of high-profile games to build…
Category: Companies
BigBasket’s quick-commerce rethink: profit trumps scale
For BigBasket co-founder Vipul Parekh, profitability matters more than market share, even as competition intensifies in quick commerce. “It is very easy to have market share and never make money,”…
India’s largest container port JNPA engages investment banks for planned IPO
The government is exploring an initial public offering for the country’s largest container port, managed by the Jawaharlal Nehru Port Authority, and has engaged state-backed investment banks to initiate the…
Rolls-Royce bets big on India—from jet engines to nuclear reactors via a BP playbook
MUMBAI: Aerospace and defence major Rolls-Royce Plc is borrowing from the India playbook of British energy giant BP Plc as it pursues billions of dollars worth of opportunities across defence,…
Aramco CEO Warns of Long Oil Market Disruption as Profit Jumps
Saudi Aramco’s boss warned of a long disruption to oil markets from the near closure of the Strait of Hormuz, while the company reported a jump in profit following higher…
Noel Tata Voted Against Srinivasan and Singh at Tata Education Trust
Tata Trusts chairman, Noel Tata, is understood to have also voted against the reappointments of Venu Srinivasan and Vijay Singh to the board of Tata Education and Development Trust (TEDT)…
Industry body welcomes new TN CM Joseph Vijay
The Madras Chamber of Commerce & Industry (MCCI), on Sunday, welcomed the new Chief Minister and the newly elected Government of Tamil Nadu on securing the mandate of the people. …
FMCG companies have begun taking calibrated price hikes to tackle inflation
FMCG companies are taking various measures to tackle inflationary pressures triggered by the West Asia conflict. This includes calibrated price hikes, grammage reduction as well as sharper focus on cost…
From fizzy soda to healthy shakes, brands are high on a zero-sugar rush
The ‘Go Zero’ movement is catching fire in the beverage segment. Grocery shelves and quick commerce listings are suddenly crammed with milk shakes, aerated beverages, tonic water, coffee drinks and…
Rolls Royce expands sourcing, eyes make in India opportunities
Rolls-Royce will increase the sourcing of high precision aero- engine components with the inauguration of its third co-owned manufacturing unit in Hosur this week, said Sashi Mukundan, company’s executive vice…