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
OnePlus is reportedly charting a phased withdrawal from every market outside China, with an exit from the US and Europe expected to begin within days and a departure from India following by 2027, according to a Bloomberg report citing a person familiar with the matter. US and Europe exit could begin this week The initial … Read more
Godrej Pet Care (GPC) is set to foray into all the southern States in the coming weeks and in a phased manner to other regions on the back of its manufacturing plant in Nashik going on stream recently. The Godrej Consumer Products subsidiary is also betting big on the demographics of the country to aid … Read more
The Company announced the appointment of Sanjay Rao as its new Managing Director and Chief Executive Officer. Rao joins from Nike, where he most recently served as Senior Director, Nike Retail, overseeing the France and Benelux markets. Prior to Nike, he worked with Inditex and played a key role in establishing Zara’s business in India … Read more
HUL, India’s biggest FMCG company, has been underperforming—in the last three years, the company’s shares tanked 20% even as the benchmark NIFTY 50 gained 24% during the same period. What can CEO Priya Nair do to revive the giant? Source link
In a surprise announcement, Jyothy Labs today announced that Henkel has decided not to renew the PRIL and Fa brand licence to Jyothy beyond May 31, 2026. Background In 2011, Jyothy had acquired Henkel’s India consumer business through a composite transaction covering brands, assets, and operations. As part of this arrangement, certain brands were licensed, while … Read more
The entire primary investment was led by Jongsong Investments, while promoters Sathishkumar T. and Anitha S. sold 89,43,903 equity shares at ₹139.76 a share, aggregating roughly ₹125 crore, as part of a secondary transaction. Source link