India’s FMCG sector is witnessing significant leadership changes as Hindustan Coca-Cola Beverages, Hindustan Unilever, and L’Oreal recently appointed new chiefs amid tepid growth and intensified competition. Nestlé, Wipro Consumer Care & Lighting, and Haleon are also expected to see leadership…
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India is carefully observing potential tariff differences arising from US reciprocal tariffs, but comprehensive contingency planning awaits a full impact assessment. Negotiations for the bilateral trade agreement are ongoing in Washington, with the first phase targeted for completion by September.…
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Sumitomo Mitsui Banking Corp (SMBC) has applied to the RBI to acquire up to a 25% stake in Yes Bank, exceeding the 20% outlined in their initial agreement in May. This application allows SMBC the flexibility to increase its ownership…
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US President Trump had earlier suggested pharmaceutical tariffs could reach 200% after a year, incentivizing domestic manufacturing. On Tuesday, he said that an agreement with India was among the most likely.
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Lenders of debt-laden JP Associates are facing a dilemma over Adani Enterprises’ ₹12,600 crore unconditional bid, which is not the highest but offers clarity and assurance. Other bidders like Dalmia Cement, Jindal Power, and Vedanta have submitted higher but conditional…
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The Prime Minister’s Office has approved a significant overhaul of the Goods and Services Tax (GST) framework, potentially leading to the first major changes since its implementation eight years ago. The finance ministry will consult with states to build consensus…
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