Kwality Wall’s India has made its first key governance move post-acquisition, naming The Magnum Ice Cream Company (TMICC) CFO Abhijit Bhattacharya as Chairperson and adding senior regional executive Tahir Toloy…
Category: Companies
Sula Vineyards plans resort at Chandon site as wine tourism revenue crosses ₹100 crore
Sula Vineyards, India’s largest wine company, is planning a new resort at the recently acquired Chandon winery in Dindori, Nashik, as its wine tourism business crosses ₹100 crore in revenue…
MRPL receives ₹23 crore GST tax demand, plans to appeal order
Mangalore Refinery and Petrochemicals Ltd (MRPL) has received a tax order from the office of the Commissioner of Central Excise and Central Tax, Mangaluru, involving tax demands and penalties exceeding…
IndiGo taps former British Airways chief William Walsh as CEO, days after Pieter Elbers’ exit
Indian low-cost carrier IndiGo on Tuesday named former British Airways chief William Walsh as its CEO. More details are being added Source
UK’s National Grid invest up to $400 million for an India GCC
National Grid UK Ltd has outlined plans to spend up to $400 million to establish a tech facility in India, joining several global companies setting up back-end centres in the…
In a first, Adani Green turns to external contractors to meet expansion push
MUMBAI: Adani Green Energy Ltd is turning to external contractors to execute projects, easing its long-held reliance on in-house engineering, procurement and construction (EPC) as it pushes to meet an…
Explainer. Why is Unilever looking to hive off its food business?
Unilever said on Tuesday it was in advanced talks to combine its food business with spice maker McCormick in a potential deal that would deliver $15.7 billion in cash and…
Patni Family Office stake surpasses 5% in UGRO Capital
The Patni Family Office, one of India’s most active multi-generational investment groups, has built a 5% stake in , an MSME-focused data-tech lender. A regulatory filing on Friday, March 27,…
Morpheus Research report alleges ‘anti-competitive’ practices by MakeMyTrip despite CCI order
Morpheus Research on Monday released a report accusing travel booking platform MakeMyTrip of indulging in “anti-competitive practices” despite a significant penalty order from the Competition Commission of India (CCI) in…
Elon Musk reveals major Tesla investment in Japan — here’s what we know so far
Billionaire on Monday announced that Tesla is making a ‘big’ investment in Japan to expand the electric vehicle maker’s service infrastructure and supercharger network in the country. The move highlights…