Archive for the ‘Business’ Category

Court Refuses to Stop Gillette Razor Ad Starring Deepika Padukone

Court Refuses to Stop Gillette Razor Ad Starring Deepika Padukone

20
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New Delhi: The Delhi High Court has refused to stop a Gillette razor advertisement starring Deepika Padukone on a plea by Reckitt Benckiser which claimed the ad disparages its hair removal cream and was affecting its business. A bench of justices Badar Durrez Ahmed and Sanjeev Sachdeva issued a notice to Procter & Gamble... 

Sanjay Mehrotra Co-Founded SanDisk in $19 Billion Deal With Western Digital

Sanjay Mehrotra Co-Founded SanDisk in $19 Billion Deal With Western Digital

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Hard-disk drive maker Western Digital is buying SanDisk Corp, the flash memory chips manufacturer co-founded by India-born Sanjay Mehrotra in 1988. The deal, valued at $19 billion (around Rs. 1.20 lakh crore), is one of the biggest in the global semiconductor industry. Mr Mehrotra is likely to join the Western Digital board... 

Gujarat and Karnataka Lift Ban on the Sale of Maggi Noodles

Gujarat and Karnataka Lift Ban on the Sale of Maggi Noodles

16
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In a new twist of events, Karnataka and Gujarat have lifted the ban on manufacture and sale of Maggi noodles, paying way for its return. The announcements by the two states came after a clean chit was given by three government-approved laboratories to Maggi noodles, which was banned by central food regulator FSSAI and various... 

CBI raids Vijay Mallya’s homes, offices in loan default case

CBI raids Vijay Mallya’s homes, offices in loan default case

15
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The CBI on Saturday searched residences and offices of flamboyant business tycoon Vijay Mallya and his now-grounded Kingfisher Airlines in the case of a Rs 900 crore loan by state-run IDBI Bank and now declared a non-performing asset (NPA) and registered a case against him and others. A case of criminal conspiracy, criminal... 

McDonald’s Suspends Employee, Probes Child’s Eviction From Pune Outlet

McDonald’s Suspends Employee, Probes Child’s Eviction From Pune Outlet

21
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PUNE: After reports emerged that an eight-year-old destitute child was thrown out of an outlet of McDonald’s in Pune, the fast-food giant has suspended the security personnel allegedly involved in the incident. “The concerned security personnel involved have been suspended pending completion of an enquiry,”... 

Vishal Sikka Begins With a Bang, Infosys Profit Beats Estimates

Vishal Sikka Begins With a Bang, Infosys Profit Beats Estimates

15
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Infosys shares surged as much as 6.86 per cent on Friday after Indias second largest outsourcer beat earnings estimate in the December quarter. Analysts said Q3 results bear the imprint of new chief executive Vishal Sikka, who is the first non-founder head of Infosys. Infosys has been losing market share and battling... 

Indian CEOs who get Rs 1 crore

Indian CEOs who get Rs 1 crore

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Mukesh Ambani has got company of at least 29 fellow corporate executives, including four from his own group Reliance Industries, in terms of annual salaries running into crores of rupees for the latest fiscal. Just about a month in the process since the annual reports of listed companies began trickling in late April,... 

Nirma plant must be relocated: MoEF

Nirma plant must be relocated: MoEF

15
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The Ministry of Environment and Forests (MoEF) on Tuesday informed the Supreme Court that a cement plant of Nirma Industries in Bhavnagar district of Gujarat is located in an ecologically sensitive wetland area situated next to the natural habitat of Asiatic lions. The ministry said that the plant has to be re-located immediately.... 

BMW to drive in 1Series hatchback and Mini compact in two years

BMW to drive in 1Series hatchback and Mini compact in two years

15
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NEW DELHI: BMW plans to drive in its 1Series hatchback and the Mini compact within two years to stay ahead of archrivals Mercedes Benz and Audi in the booming Indian luxury car market. “The Indian market is evolving fast and, as the leader of luxury car, we are looking at our compact range of cars to meet varied preferences... 

No plans to raise capital or list insurance arm: Uday Kotak

No plans to raise capital or list insurance arm: Uday Kotak

15
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Kotak Mahindra Bank on Thursday reported a 17.2% surge in the net profit in its fourth quarter, which accounted to Rs 491 crore as compared to Rs 419 crore in same quarter the previous year. The company said that it’s NBFC and investment banking arm has witnessed a rebound in the fourth quarter. The bank held that... 

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McDonald's Suspends Employee, Probes Child's Eviction From Pune Outlet

PUNE: After reports emerged that an eight-year-old destitute child was thrown out of an outlet of...

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Sehwag's half century in All Star tournament.

The first match has been really special. We thoroughly enjoyed being here. New York, you were brilliant....

Bihar Defeat May Lead to Silent Rebellion in BJP Against PM, Amit Shah: Arun Shourie to NDTV

NEW DELHI: In the aftermath of the BJP's debacle in Bihar, Arun Shourie, one time admirer of Narendra...

Court Refuses to Stop Gillette Razor Ad Starring Deepika Padukone

New Delhi: The Delhi High Court has refused to stop a Gillette razor advertisement starring Deepika...

Bigg Boss 9: Roopal Tyagi voted out of the house

TV actor Roopal Tyagi was evicted from reality show Bigg Boss on Sunday’s episode. Roopal is the...
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IFFI lose its art value,so it became lose it commercial value
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It is indeed heartening to learn that LSE, the world leader in higher education, will join hands with the most admired Reliance Foun
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