Diversified group ITC Limited on Thursday (April 17) said it has signed a definitive agreement to acquire 100% of the share capital of Sresta Natural Bioproducts Private Limited (SNBPL), the company behind the ‘24 Mantra Organic’ brand, for a consideration of up to ₹472.5 crore. The acquisition marks a significant move by ITC to expand…
In a surprising twist in the ongoing US-China trade war, Chinese factories have found a new way to reach American consumers: TikTok. Instead of the usual viral dance moves or beauty hacks, these videos are focused on how luxury goods are made—specifically, how US shoppers can bypass retail markups and tariffs by purchasing directly from…
HUL-Honasa call truce: Both agree to take down disparaging ads, posts against each other Moneycontrol HUL agrees to take down ‘disparaging’ ads resembling Honasa products Moneycontrol Ghazal Alagh vs Hindustan Unilever: FMCG upstarts daring giants The Economic Times Legal disputes & lavish budgets: Summer skincare market turns hotter than the sun Exchange4media HUL tells Delhi High Court it will…
Indian benchmark indices rebounded sharply on Thursday after a weak opening, supported by strong buying in financial stocks, even as concerns lingered over U.S. tariff policies and a global economic slowdown. At 2:03 pm, the BSE Sensex surged 1,524 points, or 1.98%, to 78,515, while the Nifty50 rose 424 points or 1.81% to 23,861. The…
Anek S | 500px Plus | Getty Images Asia-Pacific markets rose Thursday, breaking ranks with Wall Street which declined sharply after U.S. Federal Reserve Chair Jerome Powell cautioned that the ongoing trade tensions could challenge the central bank’s goals of controlling inflation and spurring growth. Japan’s benchmark Nikkei 225 was up 0.48% in early trade,…
Federal Reserve’s Chair Jerome Powell discussed the US economic outlook at the Economic Club of Chicago. Key Quotes Well positioned to wait for greater clarity before considering any changes to policy stance. US economy ‘solid’ despite heightened uncertainty, downside risks. At or near maximum employment, inflation a bit above 2% goal, has come down a…
Promoters of Gensol Engineering, Anmol Singh Jaggi and Puneet Singh Jaggi, have resigned from their directorial roles following an interim order from capital markets regulator Sebi. The resignations come as the regulator barred the promoters from the securities market, citing serious financial misconduct. Sebi’s order revealed a “complete breakdown” of corporate governance at Gensol, a…
CISA says the U.S. government has extended funding to ensure no continuity issues with the critical Common Vulnerabilities and Exposures (CVE) program. “The CVE Program is invaluable to cyber community and a priority of CISA,” the U.S. cybersecurity agency told BleepingComputer. “Last night, CISA executed the option period on the contract to ensure there will…
Stock Market Live: Sensex Reclaims 77,000; Nifty Extends Gains As Axis Bank, HDFC Bank Share Price Rise NDTV Profit Indian stock market: 8 key things that changed for market overnight – Gift Nifty, India-US trade talks to CPI inflation Mint Nifty 50 tops 23,400, Sensex off day’s lows as banking stocks outperform; broader markets shine Moneycontrol GIFT Nifty…
PwC exits more than a dozen countries in push to avoid scandals Financial Times PwC exits more than a dozen countries to avoid scandals The Economic Times PwC exits more than a dozen countries, FT reports Yahoo Finance PwC exits more than a dozen countries, FT reports By Reuters Investing.com PwC exits more than a dozen countries to avoid…
