India is investigating LG Electronics and Samsung for allegedly paying lower tariffs on imported display parts of high-end TVs, five sources told Reuters, putting under scrutiny the premium entertainment devices both South Korean giants have bet big on. Lengthy import tariff and tax investigations have been a sore point for foreign investors in India and … Read more
Samsung India Electronics profit declined 36 per cent to ₹7,228.10 crore for the financial year ended March 31, 2026, according to a RoC filing by the consumer electronics major. However, its revenue from operations rose slightly by 1.2 per cent to ₹1.12 trillion in FY26, according to financial data accessed through the business intelligence platform … Read more
Pet food and nutrition brand Lickicious has raised Rs 19 crore through a combination of equity and institutional debt, as it looks to scale its annual revenue to Rs 100 crore and expand into a broader, multi-category and omnichannel business. Lickicious, operated by Nuvexo Wellness Pvt Ltd, counts Prath Ventures as its lead institutional investor. … Read more
The Hong Kong-listed shares of Alibaba slumped on Monday after the Chinese e-commerce and cloud computing company launched a $10.2 billion share placement, as investors worried about payback from its massive AI spending. Alibaba said on Sunday its HK$80 billion share placement finalised at HK$112.70 apiece – an 8.4% discount to its Friday close – … Read more
Colgate-Palmolive India has partnered with Bombay Shaving Company (BSC) to handle Palmolive’s consumer facing advertising and relationships across e-commerce and direct-to-consumer (D2C) channels. Management during the recent quarterly con-call accepted that personal care has been an area where the company has not delivered as well as it would have liked, particularly Palmolive. The partnership with … Read more
A century-old business house that became a household name with products like the Cinthol soap and Godrej shaving cream, is set to receive the next generation leader to the corner office today – Pirojsha Godrej. The 45-year old takes to thrills like jet skiing, but his love for Gandhian values is what will drive the … Read more
In a sudden announcement, the Company has announced that Mr Sudhir Sitapati has resigned and is replaced by Mr Aasif Malbari. It has been a surprise to everyone as – The change is immediate. No notice period. Five years back when Sudhir was appointed, market had cheered and had put it’s bet on him transforming … Read more
Tata Group companies tripled in market value and profit rose more than fivefold in six years as the country’s biggest conglomerate funded India’s biggest private-sector bets in aviation, semiconductors, batteries and digital commerce – businesses that together still lose nearly Rs 30,000 crore annually. Group holding company Tata Sons reported a 22% increase in FY26 … Read more
Godrej Agrovet has appointed Gaurav Pande as chief executive officer of its dairy subsidiary, Creamline Dairy Products Ltd, as the agri-business company looks to accelerate growth, strengthen its market position and expand the Godrej Jersey brand. Pande will lead Creamline’s next phase of growth, focusing on market leadership, business transformation, innovation and expanding the brand’s … Read more