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Mondelēz elevates Deepak Iyer as executive vice president and president for Asia Pacific, Middle East and Africa (AMEA)In his new role, Deepak Iyer will be responsible for leading the company’s $6.8 billion AMEA business across more than 70 countries. Iyer r...- Cadbury maker Mondelez to invest Rs 4000 crore in India by 2026Mondelez International, the parent company of Cadbury and Oreo, plans to invest Rs 4000 crore in India over the next four years, mainly in ...
- D-Mart’s Radhakishan Damani buys 8-acre Thane plot from Mondelez“The transaction was concluded and registered last week. The plot has been acquired by Damani’s family office,” said one of the persons men...
- India is the country for today and tomorrow: Mondelez’s Maurizio BrusadelliThe American maker of Cadbury chocolates and Bournvita, said its Indian business recorded sales of about $900 million last year and that th...
- Kalpataru may bag Mondelez India’s Thane land parcelLocated on Pokharan Road 1, the land is estimated to have development potential of nearly 1 million sq ft.
- Systems hub in India to power snack-food major Mondelez“India is one of the IT capitals in the world and what better position than to locate it where the synergies with the Indian market are evi...
- GST, cyberattacks weigh on Mondelez International’s top lineThe maker of Cadbury and Oreo said India business could have grown in double digits, but due to the impact of GST, grew mid-single digit.
- Mondelez, maker of Cadbury chocolates & Oreo biscuits, sales slowest in decadeIndia arm of Cadbury chocolate-maker posts just 4% growth in sales at Rs 5,411 crore during FY16 as consumers spend less on discretionary p...
- Mondelez to invest Rs 100 crore on RDQ hub in IndiaThe company said it will "start construction of the Thane facility in December, and the site is expected to be fully operational by mid-201...
- Mondelez to invest Rs 100 crore to set up global research centre in ThaneThis is Mondelez's second large investment in the country, the first being a $190 mn (about Rs 1,270 cr) investment in a greenfield plant i...
- US likely to dodge recession though slowdown continuesThe US economy looks set to deliver a repeat performance in 2012: for the third straight year, it may suffer a swoon yet not slip into a re...
- US announces start of 'stress tests' for major banksUS launched a new bank rescue plan including a requirement for so-called stress tests on the "capital adequacy" of troubled major commercia...
- American spending, income shrink amid recessionUS consumer spending contracted in December for the six month in a row amid shrinking income, as a recession led to large job losses and ho...
- US jobless claims drop but labor market still under strainNew weekly jobless rates in the United States showed a slight drop, according to the Labor Department, but were still consistent with a pai...
- US GDP drops 0.5%, more declines seenThe US economy shrank at a 0.5 percent pace in the third quarter, the government said Tuesday in a revised estimate for gross domestic prod...
- Fed likely to cut rates again to help sentimentThe Federal Reserve is widely expected to cut key interest rates further at its upcoming two-day meeting, hoping to offer a psychological b...
- Fed to pay more on banks' reservesThe Federal Reserve will raise the interest rate it pays banks for the excess cash they keep on deposit so it can keep pumping funds into t...
- World finance chiefs grasp for solutions in finance firestormIn the face of a financial firestorm growing out of control by the day, finance chiefs from the Group of Seven nations meet in Washington o...
- Sputtering US economy loses 159,000 jobsThe struggling US economy lost 159,000 jobs in September as the weight of the housing collapse and credit crunch hit a broad swath of indus...
- US service sector contracts as new orders fallThe US service sector contracted in July though less than expected as new orders decreased and rices rose, stifling growth for truckers, re...
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