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L’Oréal buys control of Innovist as India beauty battle intensifiesL'Oréal SA is acquiring a majority stake in Indian beauty startup Innovist. This move strengthens L'Oréal's position in India's rapidly exp...
Nykaa, Honasa Consumer profits pop; Viral 'Cockroach Party' curbed on XNew-age companies Nykaa and Honasa Consumer posted multifold jumps in their quarterly profit. This and more in today’s ETtech Top 5.
India ready to ride valuation wave, set to attract 10 multinational IPOs in 2026India’s equity market is set for a surge in multinational listings in 2026, as global firms seek higher valuations, strong investor appetit...
Political turmoil unlikely to impact Indian FMCG companiesIndian consumer goods companies have operated in Bangladesh, Sri Lanka, and Nepal for years, generally facing little impact from local inst...
No more royal treatment for Indian arms of MNCs as govt doubles tax on royalty, fee for technical servicesApart from hitting companies with parents in jurisdictions that do not have a tax avoidance treaty with India, the move also makes it possi...
CEO Sue Nabi says Coty's modest presence in China offers potential and protectionAmerican beauty company Coty has reported an increase in its net revenue figure in China.
In talks with multinational pharma cos for acquisition of brands: Bafna pharmaceuticalsThe Earnings Before Interest Depreciation and Amortization (EBITDA) for the half year ending September 30, 2021 was at Rs 7.43 crore, as ag...
India among top three FDI destinations in near future: CII-EY surveyAimed to gauge the market sentiment among the Indian as well as non-Indian MNCs, the survey noted that about half the respondents see India...
Penalties take toll on auditing firmsSFIO has named Deloitte, KPMG and others along with some of their senior executives in the IL&FS case.
RBI sticks to data storage deadline, may take action against cos that don't comply by October 15RBI could initiate action against those which do not comply with instructions that were announced in April.
What gadgets will people buy in 2013This year, customers will be looking to buy multi-function devices running on a common operating system, adopt more cloud services and apps...
- Centre may set up Rs 2,000 crore venture capital fund to promote R&D in pharmaceutical sector
The Centre may set up a venture capital fund of Rs 2,000 crore to promote research and development (R&D) in the pharmaceutical sector.
- Cabinet note soon on allowing 51% FDI in multi-brand retail
The department of industrial policy and promotion will soon float a cabinet note for allowing up to 51% foreign direct investment (FDI) in ...
- Shares of Pantaloon Retail and Shoppers Stop outperform after 51% FDI in retail recommendation
The recommendation of the Committee of Secretaries (CoS) to allow a 51% FDI in multi-brand retail has triggered some action in shares of le...
- Cos go global with India biz model
From low-cost products and services to rainwater harvesting, multinationals and desi companies are replicating their successful Indian plan...
- Obama clamps down on offshore tax avoidance
President Barack Obama proposed to raise about $190 billion over the next decade by outlawing three offshore tax-avoidance techniques used ...
- Big retailers at loggerheads with MNCs over brands
A serious conflict is brewing between Indian retailers and multinationals over imports of global brands.
- BrainLeague on a roll, plans to set up offices in UK and China
Company's co-founder, Kalyan Kankanala, foresees a six-fold rise in activities related to patent-management this fiscal. The selling mantra
- China should learn from India in outsourcing: Expert
A Chinese political advisor has advised the govt to draw upon experience of IT giant India in developing outsourcing biz. BPOs spreading wi...
- Pak, Egypt emerge as new IT destinations to complement India
Both will complement the Indian expertise with their individual niche and not compete as the pie was big enough for all. BPOs spreading the...