The rare side of Godrej Industries next boss Nadir Godrej

RPG Enterprises Chairman Harsh Goenka shared a video in which Nadir Godrej, MD of Godrej Industries, is seen reciting a moving poem for brother Adi Godrej marking his retirement as Godrej Industries Chairman. 79-year-old industrialist Adi Godrej will step down as chairman of Godrej Industries Ltd (GIL) after more than four decades, with effect from … Read more

Qualcomm’s latest Snapdragon chip could be exactly what PC makers need to challenge Apple’s Silicon in performance and battery life

Major chip manufacturer Qualcomm introduced an updated laptop processor, the Snapdragon 7c Gen2. Designed to power entry-level laptops, it will yield better performance and battery life. Although it’s not challenging Apple yet, Qualcomm is helping improve both PC hardware and software. See more stories on Insider’s business page. On Monday, major chip manufacturer Qualcomm introduced … Read more

Toshiba CEO resigns, shares surge on bidding war expectations: Details here

Toshiba Corp CEO Nobuaki Kurumatani resigned on Wednesday amid controversy over a $20 billion buyout bid from CVC Capital Partners and the conglomerate’s shares surged on reports that more suitors were planning offers. Toshiba Chairman Satoshi Tsunakawa will become chief executive, the company said in a statement.   The statement gave no reason for the … Read more

India’s consumption market likely to triple by 2030, says BCG report

A new report by Boston Consulting Group (BCG) says India’s consumption market is back on the growth track after a year, having been disrupted by the pandemic. While growth projection for the consumption market was made before Covid-19 struck, BCG says that the economy has completely unlocked and there has been an uptick in demand … Read more

Banks select Vedanta’s offer of Rs 5,000-Rs 6,000 crore for Videocon

“Vedanta has emerged as a preferred bidder for the company,” an executive aware of the matter said. The Vedanta group was engaged in protracted negotiations with a State Bank of India-led group of lenders after submitting its first offer. It later bettered the bid in the last week of November, according to executives aware of … Read more

Pharma, FMCG push hiring activity in India by 24% in September: Naukri.com

Driven by industries like pharma, fast-moving consumer goods, education and IT, hiring activity in India saw a growth of 24 per cent in September compared to the previous month, according to a new report by job portal Naukri on Monday. Further opening up of the economy with unlock measures and increased mobility has led to … Read more