During it’s Q4 earnings call, the management has made aggressive business predictions. ABFRL will target a three-time revenue increase and a two-times margin expansion over the next five years. ABFRL includes brands like Pantaloons and Style Up; an ethnic wear portfolio comprising Jaypore, Tasva and TCNS brands, along with designer brands Shantnu & Nikhil, Tarun … Read more
The parent of Nestle India, Nestle SA has acquired a minority stake in Indian pet food brand ‘Drools‘. Founded in 2010, Drools distributes its products across over 40,000 retail outlets and exports to 22 countries. It operates six manufacturing units and has a warehousing footprint of 1.6 million sq. ft. Drools had raised $60 mn … Read more
The unexpected surge in prices for the country’s dominant stock exchange is fuelled by hopes of an imminent listing and attractive valuations, creating huge demand among investors and a significant supply crunch. Declaration of a rich dividend by NSE and its chief executive saying that its market share loss to rival BSE had “run its … Read more
The Trump administration has stripped Harvard University of its ability to enroll international students. The decision, announced by homeland security secretary Kristi Noem, targets one of the world’s most prestigious universities and puts nearly 6,800 foreign students-over a quarter of Harvard’s enrollment—at risk of losing their legal status in the United States.The administration’s action is … Read more
Related to the group’s restructuring (ending family feud) in March, is the acquisition of Vadilal Brand from a promoter entity for Rs 1,000 cr. (The ‘Vadilal’ brand is a strategic element of the group’s restructuring plan that was arrived at after the fourth generation of the promoter family reached a truce in March. Three promoter … Read more
Nvidia CEO Jensen Huang reveals how students should use AI for career success In a rapidly evolving technological landscape, future-proofing one’s career is a paramount concern for students. When posed with the hypothetical question of what advice he would offer his younger self to navigate this future, Nvidia CEO Jensen Huang‘s answer is clear and … Read more
Two-wheeler maker Suzuki Motorcycle India on Tuesday (May 20, 2025) laid the foundation stone of a manufacturing facility at Kharkhoda in Haryana, which will be developed at an initial investment of ₹1,200 crore. Located at IMT Kharkhoda HSIIDC industrial township and spread across 100 acres of land, the new manufacturing plant with a capacity to … Read more
The National Financial Reporting Authority (NFRA) has launched a preliminary inquiry into the books of Gensol Engineering following fraud allegations, according to Ravneet Kaur, the head of the audit regulator. The move follows a reference by the Securities and Exchange Board of India (Sebi), said Kaur, who also helms the competition regulator. She was speaking … Read more