Hindustan Unilever (HUL) has named Priya Nair as its next Chief Executive Officer and Managing Director. Her appointment marks a significant milestone in the company’s history, as no woman has held the top post at HUL before. She will take charge on August 1, replacing Rohit Jawa, who is stepping down on July 31. Jawa
Tata Consultancy Services (TCS), India’s largest IT services exporter, opened the financial year on a positive note, posting a nearly 6 per cent rise in its net profit for the June quarter of FY26. The company reported a Total Contract Value (TCV) of $9.4 billion in the first quarter of FY26, showcasing strong deal momentum
Aurionpro Solutions on Wednesday announced that it has signed a major deal to deliver its cutting-edge, comprehensive digital banking solution to a leading bank in Africa. In a regulatory filing, the company said that the deal marks Aurionpro’s first major win for its digital banking software in the region. The multi-million-dollar deal includes licensing and
From buzzing office towers in Gurugram to multi-crore luxury apartments in Delhi’s prime locations, NCR’s real estate market is scripting a tale of two booming segments. In the first half of 2025, the region not only recorded its highest-ever office leasing activity but also led the country in ultra-luxury home sales, according to a new
French IT services giant Capgemini has announced its plan to acquire India-based outsourcing firm WNS for $3.3 billion in cash. The deal values WNS shares at $76.50 each, reflecting a 17 per cent premium over its closing price on July 3. The transaction excludes WNS’s existing financial debt, Capgemini clarified in a press release issued
Reliance Industries is gearing up for its next big leap, charting an ambitious course to unlock its next $50 billion in value creation from its current $240+ billion market cap, by betting big on green energy and generative AI. Backed by strong legacy cash flows and a bold reinvention plan, the Mukesh Ambani-led conglomerate could
Former chairman of Hindustan Unilever Ltd. (HUL), Susim Dutta has passed away in Mumbai, today. Susim Mukul Datta’s career began with Hindustan Lever in the 1950s. For over four decades, he advanced through the company’s rungs and took the helm as Chairman from 1990 to 1996. A prominent business leader and rural marketing revolutionary, Dutta
Sapphire Foods and Devyani International, the franchise partners of Yum! Brands, on Friday issued separate clarifications on the media reports suggesting a potential merger between the two companies. “…In this regard, we wish to inform you that the company evaluates various strategic opportunities in the ordinary course, for growth and expansion of business. At this
When the Unified Pension Scheme (UPS) was announced as an option in place of the National Pension System (NPS) for around 24 lakh central government employees, employee unions and experts flagged multiple issues in the scheme. One of the issues they raised pertained to the denial of pension benefits till actual superannuation on voluntary retirement
India added 3.8 gigawatt (GW) of solar open access capacity in the first half of the calendar year 2025, down over 4% from 3.9 GW added in the first half of 2024, as per data from Mercom. In the second quarter of 2025, the country added 2.7 GW of solar open access capacity. ALSO READOrder
Cement stocks are once again on Dalal Street investors’ radars with the monsoon season expected to get over the next 2-3 weeks and peak construction activity expected to restart in most parts of the country. Also, with the government recently announcing that GST on cement industry would shortly fall to 18% from 28%, and lower
8th Pay Commission latest update: In a relief for over 1 crore central government employees and pensioners, the Centre has said it is “actively consulting” state governments on the 8th Pay Commission matter and an announcement can be expected soon with regard to the constitution of the panel. A delegation from the Government Employees National
The ministry of heavy industries (MHI) has proposed a Rs 13,000-crore incentive scheme for the construction equipment sector with the aim of strengthening domestic manufacturing and reducing import dependence. The scheme is under discussion with key ministries and is expected to be taken up for Cabinet approval in the coming months, officials told Fe. ALSO
