South Africa's Sanlam hikes stake beyond 50% in Shriram's insurance JVs Sanlam Emerging Markets Mauritius will increase holding in Shriram General Insurance by 10.74% and in Shriram Life Insurance by 12.02%.
FMCG cos may report low-to-mid single-digit volume growth in Q4 Marico is anticipating a “slight uptick” in volumes in its fourth quarter India business. In the December quarter, Marico had reported a 2% jump in quarterly volumes in India.
Nestle India board approves hike in royalty payment to Swiss parent The consumer goods company had in 2019 announced that it would seek its shareholders’ approval every five years on royalty payouts to its parent company
Zee to cut 15% of workforce Over the past few weeks, there has been a series of senior-level exits from the company that is looking to prune expenses and streamline verticals
Bandhan Bank CEO Chandra Shekhar Ghosh to step down when tenure ends in July While the bank’s board approved his reappointment for three more years in November 2023, the Reserve Bank of India has not yet cleared it.
Zee sees another exit Punit Misra, president of content and international markets at Zee Entertainment Enterprises Ltd, has resigned marking the latest in a series of recent senior departures from the company
Byju's breached $42 million loan terms, small stake sale blocked: Report MEMG has initiated an arbitration proceeding against Byju for allegedly not repaying its loan through a pre-agreed transfer of shares of its company, Aakash Education
The one bright star in a bleak year for IT Analysts said the IT sector's overall tepid performance could be attributed to the delay in discretionary tech spending
Hyatt to tap into India's golden age with luxury hospitality offerings: CEO India, the company's fourth largest revenue-generating market, trailing only the US, China and Japan, is witnessing the ‘golden period’ for hotel operators, says Hoplamazian.
Prestige Group buys Bengaluru land parcel for ₹450 crore This follows its acquisition of 62.5 acres in Indirapuram Extension, Ghaziabad, in March, at a cost of ₹468 crore
Royal Orchid to launch upscale hotel brand, leases 300-key Mumbai airport asset The property, located just a minute away from the terminal, is expected to be operational by late 2024
Q4 results preview: Steel companies’ operating performance likely to get hit by lower prices, higher coking coal cost Q4 results preview: Steel companies’ EBITDA per tonne is expected to improve from Q1FY25 due to a fall in coking coal prices, which offset lower steel prices. The base metal...
Dabur expects mid-single digit growth in Q4 consolidated revenues Dabur said the past year was challenging for consumer demand but expects improvement going ahead as macro-economic indicators remain strong
Most of you have not experienced hunger. I have for 120 hrs hitchhiking in Europe, says Infosys founder Narayana Murthy Infosys co-founder Narayana Murthy said he starved for 120 hours non-stop when he was hitchhiking in Europe 50 years ago. Addressing a special event at the UN headquarters in...
HDFC Bank Q4 Result: Private lender to announce Q4 earnings, dividend on April 20 HDFC Bank Q4 Result: Along with HDFC Bank Q4 result update, the bank’s board will also consider the proposal for the recommendation of dividend for the financial year ended March 31, 2024.
Hero MotoCorp gets demand notice of ₹605 crore from Income Tax Department Hero MotoCorp on Thursday said the Income Tax Department has issued a notice for a total ₹605 crore including interest for six assessment years (FY14 to FY18 & FY20).
Elon Musk's X activates 'Community Notes' program in India. Here's how it works Elon Musk's X (formerly Twitter) launches 'Community Notes' in India to fight misinformation. Users can provide context to posts for accuracy. The move coincides with the upcoming Lok Sabha elections in India.