The Bhartia family of Jubilant Bhartia Group is set to acquire a 40% stake in Hindustan Coca-Cola Beverages (HCCB) for Rs 12,500 crore, with Goldman Sachs financing the deal. This marks the family’s largest acquisition to date, and they will…
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Monetary policy under Malhotra, who is also a career bureaucrat, will be “more accommodative”, analysts at Japanese brokerage Nomura said, adding the rate cut at the February meeting is “cemented”.
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Google on Monday introduced a new chip called Willow, which solved a computing problem in five minutes that would have taken a classical computer more time than the history of the universe. Tech companies are chasing quantum computing in hopes…
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Finance Minister Nirmala Sitharaman addressed the CII Global Economic Policy Forum, highlighting inflation as a global challenge requiring collective action. While India’s retail inflation likely eased in November due to moderating vegetable prices, the RBI maintained steady interest rates, citing…
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India’s consumption patterns are shifting from basic necessities to services like healthcare and education. The middle class is expanding rapidly, projected to reach 60% of the population by 2047, driving economic growth and potentially transforming India into a consumption powerhouse.…
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“Increase in seats on the front end on domestic and select international routes is likely to disrupt pricing of business class and even premium economy,” said aviation consultancy firm CAPA.
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