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No adverse Impact on competition with Air India-Vistara Merger: Tata group tells CCI

Jul 5, 2023

Tata Sons-run domestic carriers Air India and Vistara have informed antitrust regulator Competition Commission of India (CCI) that a proposed merger of the two will not have a negative impact on competition because rivals are present on most routes that the combined business will operate.

British Consumer Giant Unilever facing Backlash for Continuing Operations in Russia

Jul 5, 2023

Unilever, the United Kingdom-based multinational that is the world's largest ice cream manufacturer, has issued a statement defending its decision to continue operations in Russia.

Business

ITC Hotel Business’s Demerger Underway

Jul 5, 2023

ITC, a tobacco-to-hospitality giant, is considering concluding a long-stalled bid to demerge its hotels division, which it had put on hold during the pandemic.

Business

Motherson enters into a partnership with Honda Motor with an agreement to acquire 81% stake in…

Jul 4, 2023

Samvardhana Motherson International Limited (“SAMIL”) via 100% subsidiary of SMRP B.V. (SAHN B.V.) has entered into an agreement to acquire 81% stake in Yachiyo’s 4W (Y4W) Business.

Business

Quess Corp data highlights resilient Indian economy with 12% robust headcount growth

Jul 4, 2023

Quess Corp, India’s leading business services provider, today released employment trends insights based on payroll distribution data of its subsidiary Allsec Technologies Ltd. There was a positive surge in headcount growth this year despite…

Business

US-based active health and wellness company ‘Nutrabolt’ enters the Indian market; forges strategic…

Jul 4, 2023

Nutra Prep, a new startup in the Sports Nutrition space, and Nutrabolt, a globally recognized leader in the active health and wellness industry, have signed a strategic deal for India manufacture and distribution of Nutrabolt’s ‘C4’ and…

Business

Wakefit.co rebrands to showcase its innovative home solutions for the “Progressive Yet Practical”…

Jul 4, 2023

Wakefit.co, India's leading sleep and home solutions company, recently unveiled its new identity, signifying the company’s brand purpose of simplifying living for a better quality of life. The brand believes that a home isn't just a place…

Business

Musk, Zuckerberg Leads $852 Billion Surge Among World’s Richest People

Jul 4, 2023

In the first half of 2023, the world's 500 wealthiest people added $852 billion to their fortunes.

Business

Infosys Witnesses Another Reshuffle, Sushanth Tharappan to replace current HR head Richard Lobo

Jul 4, 2023

Infosys, the Indian IT behemoth, has undergone yet another executive upheaval. This time, top executive Sushanth Tharappan has been chosen to succeed Richard Lobo, the company's current head of Human Resources.

Business

Winners of ‘Made in 3D – Seed The Future Entrepreneurs’ program to showcase their…

Jul 3, 2023

La Fondation Dassault Systèmes today announced that the top three winners of the 'Made in 3D - Seed The Future Entrepreneurs' program are invited by Atal Innovation Mission to present their innovations at Shikhar, the G20 Startup20 Summit…

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