Category Archives: Business

Former Adidas owner tied up and beaten in burglary

Bernard Tapie, a former French minister and scandal-plagued tycoon who once owned Adidas, was assaulted along with his wife during a midnight break-in at their house, according to the investigators. Four men broke into the couple’s home in Combs-la-Ville, near Paris, around 00:30 AM Sunday (2230 GMT Saturday), beat them up, and bound them up […]

FMCG companies get battle-ready for localized lockdowns

If you are bitten, you are twice prepared for hyper. Consumer goods companies say they have put their teams in the hyperalert to ensure uninterrupted operation of procurement, distribution, and manufacturing – all to reduce unexpected and sudden disruptions as states opt for closure and curfews during the second covid wave. “We have put our […]

Tata group to soon make a bid for Air India

According to some sources, Tata Sons Ltd, the front-runner is to buy state-run Air India Ltd, and the government is close to finalising the purchase terms, having narrowed their differences on the three major sticking points of pension liabilities, real estate assets, and debt. Final talks between the two parties are underway, and the Tata […]

LG Is the First Major Smartphone Manufacturer to Cease mobile Operations

LG Electronics Inc. of South Korea reported on Monday that it would close its loss-making mobile division, making it the first major smartphone maker to leave the market entirely. Because of the LG’s decision to exit, Apple Inc. and Samsung Electronics will be able to take over its 10% market share in North America, where […]

Hero Electric aims to Train roadside mechanics to deal with EVs

Hero Electric, the nation’s leading two-road electrics company, intends to train more than 20,000 roadside mechanics across the country in the next three years, to address any problem that its customers may face as part of its plans to build trust in buyers that opt for green mobility. To alleviate the anxiety problems of the […]

Covid impact on growth in perspective, RBI likely to keep rates steady

Members of the Monetary Policy Committee (MPC), who will unveil the new policy on April 7, will have to walk a tightrope in order to keep inflation under control and boost growth. In its previous meeting on February 5, the MPC kept the repo rate at 4% and the reverse repo rate at 3.3%. “At […]

Discoms’ extraordinary contribution to control gencos rise almost 17pc to Rs 1.02 lakh cr in Feb

Absolute levy owed by power dispersion organizations to control makers rose almost 17% to Rs 1,02,684 crore in February this year, reflecting industrious pressure in the area. Appropriation organizations (discoms) owed an aggregate of Rs 87,888 crore to control age firms in February 2020, as per entryway PRAA (Payment Ratification And Analysis in Power obtainment […]

Godrej Consumer is pushing for business growth

Godrej to fuel up its GTM mission with expanding its sales footprint Godrej Consumer Goods (GCPL) is on a go-to-market (GTM) mission, to extend its total sales footprint to 1.5 million direct penetration channels from 1.2 million in 2-3 years, as well as to increase indirect coverage to 7 million from 6 million. Sunil Kataria, […]

New Gmail with Integrated Google Chat & Rooms Tabs Rolls Out

In 2020, Google had announced that the next version of Gmail will come up with the ‘Chat’ messaging and Group Rooms along with the existing Meet video calling integration. As promised, Google is now integrating Chat Messaging and group rooms with its Gmail. It is already available for enterprise users, but now Google is rolling […]

Even as Growth Accelerates, The Global Economy Risks Diverging “Dangerously”

The global economy is projected to grow at its fastest pace in more than a half-century this year, but inequalities and vulnerabilities could prevent it from hitting pre-pandemic levels anytime soon. Following President Joe Biden’s victory over “America First”, Former the charge into this week’s semi-annual virtual meeting of the International Monetary Fund, pouring trillions […]