Page Industries Limited, the licensee for Jockey and Speedo, on Monday announced the appointment of Karthik Yathindra as the Chief Executive Officer, effective 01 April 2025. He has been associated with the company for over nine years and has held several leadership positions, overseeing areas of sales, retail, product, marketing and supply chain. In a
The construction activity, primarily for road players, was impacted by the model code of conduct in Q1FY25 and an elongated monsoon period, along with milestone-based billing (against monthly billing till March 2024) in Q2FY25, stated a report by ICRA. The impact is reflected in the modest revenue growth of approximately 1.5 per cent in year-on-year
With Vodafone Idea (Vi) getting ready to launch its commercial 5G services in March, almost two-and-a-half years after Reliance Jio and Bharti Airtel, all eyes will be on its pricing strategy. CEO Akshaya Moondra had said recently that the telco will have to look at 5G pricing differently than peers Jio and Airtel since it
Dabur India’s shares fell 4.5% to an intra-day low of Rs 501.10. The company expects its consolidated revenue to grow in the low single digits in Q3 FY25 due to subdued healthcare and beverage demand. Dabur India in its quarterly business update said that it believes the profit to remain flat, on an annual basis.
The Congress party has released its first list of candidates for the highly anticipated Delhi Assembly Elections 2025. In a strategic move, the list includes prominent names such as Sandeep Dikshit, Devender Yadav, Ragini Nayak, and Abhishek Dutt, reflecting the party’s intent to reclaim its position in the capital’s political landscape. Sandeep Dikshit to Challenge
Public Provident Fund (PPF) is regarded as one of the most favored investment options, especially for individuals seeking long-term and secure investment avenues. The advantages of tax savings and tax-exempt returns make PPF an excellent option for achieving one’s long-term financial objectives. It is, however, important to understand several key aspects of the PPF scheme
Amidst a crowded market of beauty and colour cosmetics brands, direct-to-consumer startup Renee Cosmetics is expecting to double its revenue to Rs 350-400 crore by the end of this fiscal. The startup’s growth comes on the back of a 10-11% annual growth rate in India’s $20-billion beauty and personal care market, which is the fastest
Gensol Engineering Limited, a company specializing in solar power engineering, procurement, and construction (EPC) services, on Monday announced that it has secured a significant EPC contract from renowned Public Sector Undertaking for development of 275MW Solar PV Project at RE Solar Park, Khavda Rann of Kutch, Gujarat. In a regulatory filing, the company said that
Zomato will not launch private labels and Blinkit’s quick food delivery platform, Bistro, operates independently without using any data from its Gurugram-based parent, Blinkit CEO Albinder Dhindsa clarified on Friday. The statement comes a day after the National Restaurant Association of India (NRAI) announced plans to take legal action against platforms like Zomato for allegedly
Infosys has escalated its legal battle with Cognizant by filing a counter-lawsuit in a US court. The lawsuit accuses the Nasadq-listed Cognizant and its CEO, Ravi Kumar, of engaging in anti-competitive practices and misusing sensitive information to undermine Infosys Helix, its flagship healthcare platform. The allegations were reported by Moneycontrol and mark a significant development
In a move that will bring relief to foreign portfolio investors (FPIs), the Securities and Exchange Board of India (SEBI) has proposed a doubling of the additional disclosure threshold for FPIs with an exposure of Rs 25,000 crore. The suggestion – to raise the floor to Rs 50,000 crore of equity assets under management –
Maha Kumbh Mela 2025: Days before the start of the world’s largest religious congregation ‘Maha Kumbh 2025’, digital payment app PhonePe, in partnership with ICICI Lombard General Insurance, has launched a first-of-its-kind insurance coverage for devotees travelling to Prayagraj. The insurance plan is designed for travellers attending the upcoming Maha Kumbh Mela from January 13
Shares of Indian IT outsourcing giants Infosys Ltd., HCL Technologies Ltd. and Wipro Ltd. got a boost from Donald Trump’s US election win. They will get a chance to comment on how his presidency might affect their businesses when they post earnings. Overall, investors appear to view the incoming administration favorably for the sector, as
