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INDIA AFRICA BUSINESS COUNCIL
L'Oreal says India growth accelerates in H1 2026, driven by haircare and skincareL'Oreal India's business accelerated in the first half of 2026. Strong growth was seen in haircare and skincare segments across the region....- Africa’s richest man plans to donate one-third of his wealth, signals future of business empireAfrica's richest man, Aliko Dangote, plans to donate one-third of his wealth to charity. This development offers a rare insight into the fu...
- Unilever agrees two-year worker protection after $65 billion McCormick merger, memo showsUnilever will protect European and British food business jobs for two years. This guarantee follows the planned merger with U.S. spice make...
- Varun Beverages shares jump 3% after Q1 PAT rises 15%, revenue grows 20%Varun Beverages reported a 15% profit and 20% revenue increase in Q1 FY2027. Consolidated sales volumes grew by nearly 20% driven by India ...
- India urges de-escalation in West Asia, condemns Strait of Hormuz attacksIndia voiced deep concern over escalating West Asian hostilities and maritime attacks. The nation strongly condemned recent attacks on vess...
- India questions delay as UN Security Council reform talks enter 18th yearUN Security Council reform talks have stalled after seventeen rounds of discussions. India's envoy expressed disappointment over the lack o...
- MSME Bill introduced, looks to speed up paymentsA key provision of the Bill is to strengthen the framework for addressing delayed payments, a long-standing challenge for micro and small e...
- Indus Towers’ Africa foray on track, operations to start in September quarterIndus Towers is launching its Africa expansion in September after securing necessary approvals. The company sees this as its largest growth...
- Varun Beverages' international fizz outpaces India biz as overseas volumes surge 38%VBL's international volumes grew significantly, nearly tripling India's pace during the June quarter. Acquisitions like Twizza bolstered ov...
- Varun Beverages shares fall 5% as Q2 margins shrink after Twizza acquisition in South Africa; net profit rises 15%Varun Beverages shares fell 5% after the Pepsi bottler reported a 76-basis-point contraction in Q2 CY2026 EBITDA margin to 27.7%, weighed d...
- South Africa launches ETA: Indians can now get digital travel approval in 24-48 hoursSouth Africa has introduced an Electronic Travel Authorisation system for Indian citizens. This digital authorisation allows short-term vis...
- GST panel may consider allowing transfer of unused tax credit within corporate groupsA key GST panel will consider industry suggestions for transferring unutilised input tax credit. Exempting intra-group corporate guarantees...
- 45% of US exports out of Section 301 duty; textile mechanism still pending, says govtAbout forty-five percent of India's exports to the US are excluded from new tariffs. The remaining fifty-five percent of exports will attra...
- Bangladesh PM invited as BIMSTEC chair amid India outreach to regional blocsIndia, holding the BRICS chair, plans outreach to regional groups for its summit. Key organizations like BIMSTEC and ASEAN may receive invi...
- Bain Capital acquires Vitabiotics: UK nutraceutical giant with India’s Meyer Organics valued at $850-900 millionPrivate equity firm Bain Capital has agreed to acquire UK-based nutraceutical company Vitabiotics, expanding its presence in the global wel...
- The Oval to host 2027 World Test Championship final from June 9The Oval will host the 2027 World Test Championship final. England secured hosting rights for three finals, with the ECB selecting venues. ...
- Airtel Africa net profit jumps 27% to $198 million as revenue growth acceleratesBharti Airtel’s Africa business reported a 27% year-on-year increase in Q1FY27 net profit to $198 million, supported by higher operating pr...
- TVS Motor may hive off financial services business to unlock valueIn a strategic move to boost shareholder value after an impressive year, TVS Motor Company is exploring the separation of its financial ser...
- Will evaluate possible separation of financial services biz: TVS Motor Co ChairmanTVS Motor Company is exploring options for its financial services arm. The company chairman mentioned a possible separation to unlock share...
- Vice President CP Radhakrishnan, Zanzibar President Hussein Ali Mwinyi hold "wide-ranging, productive discussions" in bilateral meetingVice President CP Radhakrishnan met Zanzibar President Hussein Ali Mwinyi in New Delhi. Discussions focused on strengthening trade, investm...
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