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Retailers face AC shortage as heatwave boosts demandIntense heatwaves have driven a sharp rise in air-conditioner sales. This surge, following lower production in March, has created significa...- Why Avanade sees India as the next big growth engine for production-ready AIAs India’s enterprises and mid-market firms accelerate AI and cloud adoption, Avanade is expanding its footprint in the country to address ...
- Genpact names Balkrishan Kalra as next CEO, Tiger Tyagarajan retires in FebruaryKalra is currently global business leader for financial services and consumer and healthcare at Genpact. He joined the company in 1999 and ...
- Will Burger King India's entry into 4th most populated country make it a tastier bet?Analysts said there were growth prospects in Indonesia and the acquisition was attractive value-wise. The deal could increase the fair valu...
- Fashion unlimited: In Kolkata's BK Market, latest Asian trends at throwaway pricesThe shopping plaza remains a rage among the city's hip and happening young crowd.
- Hope to grow at 15-20% in a better biz scenario going ahead: BK Bansal, Balkrishna IndustriesIn a depressed scenario, we have grown in a single digit but in a better scenario we hope to grow in double digit, says BK Bansal, Balkrish...
- Next year we might not see double digit growth: BK Goenka, Chairman, Welspun IndiaIf you see our five-year vision, we have clearly spelled out that we want to be a debt free company, said Goenka.
- Century Textiles Industries likely to issue one crore warrants to largest shareholdersThese warrants will be convertible into equal number of shares in the following 18 months. Kumar Mangalam is the grandson of Century’s foun...
- Oil prices likely to remain low on continued oversupply: BK Namdeo, HPCL"Demand is not much likely to move up. Even if it rises, it would be at a very nominal rate. It's because no player is going to cut down on...
- Steel pipe business remains buoyant despite bearish oil & gas market: BK Mishra, Welspun Corp"All things put together, the market looks much much bigger than what it was yesterday. A March report projects 101 million tonnes over the...
- Kumar Mangalam Birla likely to become likely to become Century Textiles, Enka ChairmanBoth companies are scheduled to hold their board meetings on May 5, where Kumar Birla is likely to be made their chairman.
- BK Birla Group shares gain on revamp hopesShares of Century Textiles and Industries have jumped 54% in the last two months to a record level of Rs 734 on Wednesday.
- Kesoram Industries puts Birla Tyre on the block; appoints BofA-ML for sale processRestructuring of Kesoram Industries is a step towards the eventual takeover of the company by Kumar Mangalam Birla as stated in BK Birla’s ...
- Burger King joins hands with Everstone for India forayThe two companies announced the formation of a joint venture to set up Burger King restaurants across India, a joint statement said.
- Shipping industry going through challenging times for 2-3 years: BK Mandal, SCIShipping is a very cyclical and a global industry by nature. Anything that happens in the macro environment affects us.
- Jay Shree Tea plans buys at home, abroadJay Shree Tea & Industries (JTIL) has decided to expand its business footprint via overseas and domestic acquisitions. In the domestic mark...
- Birlas take creeping route to increase stakes in group cosIn a season of volatile markets and plunging business fortunes, the Birlas-cutting across family lines-are buying into their own companies.
- PM panel for restricting LPG, Kerosene only to BPL familiesThe high-powered BK Chaturvedi Committee has proposed restricting subsidised domestic cooking gas LPG and kerosene to only below poverty li...
- Sony Ericsson may buy Spice MobileSpice Mobile is the handset co of Modi group. The group had demanded Rs 80-100 per share, which values Spice Mobile at around Rs 700 cr. Ne...
- BK Giulini ties up with Polston for India JVBK Giulini, a leading player in the global chemicals industry and part of the $3-bn Israel-based ICL, is entering India through a trading j...
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