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
At the first Berkshire Hathaway annual shareholder meeting led by new CEO Greg Abel, the spotlight turned back over to the company’s chairman Warren Buffett and, surprisingly, Tim Cook. Buffett looked to be fully embracing retirement as the legendary investor sat in the front row wearing a blue coloured sweater instead of his usual suit. … Read more
Pirojsha Godrej is taking control of the Godrej Industries group. He will succeed Nadir Godrej as Chairperson of the Godrej Industries Group and Godrej Industries Limited, effective August 14, 2026. Pirojsha will also continue to serve as Chairperson of Godrej Properties, Godrej Capital, and Godrej Ventures. With this change, there is general expectation of an aggressive growth … Read more
Apple on Tuesday (April 21, 2026) named John Ternus as its next Chief Executive Officer (CEO), marking a new phase of leadership for the Cupertino-based tech giant, and Tim Cook. The change marks the end of an era at arguably one of the world’s biggest companies. Published – April 21, 2026 08:38 am IST Source … Read more
Apple on Monday (April 20, 2026) named insider John Ternus as its next CEO, tasking the long-time hardware chief to steer the company after Tim Cook as the iPhone maker gears up for an industry change spurred by artificial intelligence. Mr. Ternus, who joined Apple in 2001, has recently overseen the company’s hardware engineering efforts … Read more
Major consumer companies are rushing to fill leadership roles in their legal departments as stricter regulations and new labour rules add complexity to their operations, industry executives said. Legal leadership is changing fast in the country’s consumer sector and globally. Digitisation, fierce competition, and shifting regulations are reshaping the role. Also, as businesses grow, mergers, … Read more
Reinvesting dividends from Dabur over 30 years has created a pool of non-core assets for its promoters that are equally valuable, according to the Burman family scion, Gaurav Burman. The Burman family control Dabur with two-thirds of the company’s shares. “We have been lucky, Dabur achieved excellent growth over the last 30 years, and we … Read more
Bajaj Electricals Ltd said it has signed a definitive agreement to acquire the intellectual property and brand rights of Morphy Richards in India and select South Asian markets for Rs 141.4 cr. (Morphy Richards, founded in the UK in 1936, is globally known for its premium, design-led home appliances and personal care products.) The Company … Read more