Sister Act: For Yoga Bar’s Kumars, a sale to ITC is in the fitness of things Yoga Bar today is a Rs 100 crore brand that’s available in 6,000 retail outlets and boasts gross margins of… By Shubhra TandonJanuary 19, 2023 03:30 IST
GoMechanic admits to fudging financials, will sack 70% of staff The tech-based car maintenance provider will also have its accounts audited by a third party. By Tushar GoenkaJanuary 19, 2023 03:20 IST
Samsung’s PLI bill stuck as govt differs on claim Samsung was the only company to meet the target and claim incentives worth Rs 900 crore for FY21. By Rishi RajJanuary 19, 2023 02:40 IST
RCap administrator proposes to hold second e-auction to Monday RCap’s administrator told the tribunal that it will put a hold on the challenge mechanism till Monday. By Rajesh KurupJanuary 19, 2023 02:30 IST
New CEO Kumar set to push reset button at Cognizant A Bloomberg Intelligence report corroborates that one of Kumar’s top priorities would be to bring under control its high attrition… By Ayushman BaruahJanuary 19, 2023 02:20 IST
Hiring during tough times: How digital tech can be smartly utilised to enhance productivity HR heads should be able to support businesses such that their companies are able to withstand the pressures on their… By Uma GaneshJanuary 19, 2023 02:10 IST
Jubilant to pump in Rs 900 crore to set up stores, build food factories Besides, the company’s Bengaluru multi-brand factory, being built at an outlay of Rs 250 crore will be commissioned in another… By Sajan C KumarJanuary 19, 2023 01:10 IST
India’s coal production target at more than one billion tonnes for FY24: Govt A total of 290 mines are operational in Coal India Ltd (CIL) out of which 97 mines produce more than… By PTIJanuary 18, 2023 17:22 IST
Sequoia-backed GoMechanic inflated revenue, to fire 70% staff GoMechanic’s investors are “deeply distressed by the fact that the founders knowingly misstated facts, including but not limited to the… By BloombergJanuary 18, 2023 16:47 IST
Adani Green Energy arm to acquire 50pc equity in Essel Saurya Urja Company of Rajasthan The remaining 50 per cent of the equity shares will continue to be held by the government of Rajasthan. By PTIJanuary 18, 2023 15:47 IST
Small farmers must get irrigation, fertilisers, secure market at lower cost to transform food systems: R K Singh In a strong rebuttal to the criticism about India continuing to buy oil from Russia, the Minister for New and… By PTIUpdated: January 18, 2023 12:40 IST
HUL Q3 preview: How much will net profit, revenue jump, what will hit margins, what are investors watching HUL will report its Q3 earnings numbers on 19 January, Thursday. HUL shares have jumped more than 5% in the… By Harshita TyagiJanuary 18, 2023 12:26 IST
Lottee to invest Rs 450 crore in Havmor Ice Cream in 5 years; to enhance manufacturing capacity Lotte Confectionary, which acquired Havmor Ice Cream for Rs 1,000 crore in December 2017, has positioned the home-grown brand in… By PTIJanuary 18, 2023 11:38 IST
Microsoft plans to cut thousands of jobs across divisions: Reports The expected layoffs would be the latest in the U.S. technology sector, where companies including Amazon.com Inc and Meta Platforms… By ReutersUpdated: January 18, 2023 11:00 IST
Apparel sales slow down on price pressures Analysts said high inflation impacted the discretionary spends in Q3, which surprisingly impacted even a “deep value retailer” like DMart. By Kritika AroraJanuary 18, 2023 05:30 IST
Reliance Capital’s administrator didn’t violate any orders, counsel tells court The counsel also said there was no dereliction of duty on the administrator’s part in scheduling a second round of… By Rajesh KurupJanuary 18, 2023 05:20 IST
ICICI Lombard profit rises 11% The net profit for the third quarter last fiscal had stood at Rs 317.53 crore. By Mithun DasguptaJanuary 18, 2023 05:00 IST
ITC set to acquire 100% in health food brand Yoga Bar The acquisition will enable ITC to augment its future-ready portfolio and enhance market presence in the ‘Good for You’ space. By Shubhra TandonJanuary 18, 2023 03:45 IST
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