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MARKET BASKET CONTROVERSY
Market Basket CEO Arthur T Demoulas placed on administrative leave by board of directors. Here's whyMarket Basket CEO Arthur T. Demoulas has been placed on paid leave amidst allegations of planning to disrupt the company's operations, whic...- Zepto in talks for $250 million secondary sale ahead of IPOZepto is in talks to sell up to $250 million in shares, aiming to increase Indian ownership ahead of a potential IPO. This secondary sale, ...
- Opioid drugs row: Aveo Pharma claims to have due licencesAveo Pharmaceuticals, a Mumbai-based drugmaker, faces regulatory scrutiny for exporting addictive opioid drugs to West Africa. Despite clai...
- Is targeting core inflation the answer? RBI's repo rate dilemma sparks debateThe RBI's decision to hold the repo rate steady despite low core inflation is debated. Headline inflation, driven by food prices, remains t...
- More guts for our food regulatorsBetween Nestle's 'added sugar in infant foods' for Indian markets controversy, Food Safety and Standards Authority of India (FSSAI) stoppin...
- Hawkish Fed rhetoric fails to lift dollar; Aussie jumpsEconomic data also released on Wednesday revealed that U.S. job openings fell less than expected in November, though a survey from the Inst...
- Amul asks top retail companies to 'avoid' deep discounting on its productsTraditional distributors have accused large FMCG companies of selling their products at lower prices to wholesalers such as Reliance JioMar...
- JioMart unleashes discounts in e-grocery fightStaples are available for a cheaper price on JioMart compared to rivals like BigBasket.
- Rupee settles 5 paise lower at 75.76 against US dollarDuring the session, the local unit witnessed an intra-day high of 75.69 and a low of 75.90.
- Avoiding ‘anger’ stocks was one way to beat the market in 2019The data provider Indexica ranked companies on what it calls an anger metric.
- Rupee up 7 paise against USD on easing crude pricesFresh foreign fund inflows propped up the rupee.
- Ecommerce firms scramble to reward foot soldiersMedian salaries improved to Rs 11,500 a month in 2017 from Rs 7,500 a month in 2014, making the increments among the highest for blue-colla...
- Mutual funds top on use of P-Notes; Top-10 FPIs have 73% shareRules have been tightened several times in recent years to check any misuse of this route, but P-Notes have still continued to court contro...
- Indian exports to suffer despite currency depreciation: Indranil Pan, IDFC"The global demand for India’s commodities in the rest of the world is another factor and therefore, overall growth perspectives do matter ...
- Retailers like Big Bazaar, Nilgiris pull Maggi noodles off shelves, await clarity on the issueThe state governments of Kerala, Tamil Nadu, Haryana, Maharashtra and West Bengal deployed officials to randomly collect Maggi noodle sampl...
- Government toying with the idea of exchange-traded fund for PSU shares to raise fundsThe idea has been mooted at a time the Centre is worried that choppy markets could make it difficult to meet its disinvestment target of Rs...
- Bullish on SBI, L&T and Ashok Leyland: Sudip Bandyopadhyay, Destimoney SecuritiesSudip Bandyopadhyay, President, Destimoney Securities Pvt. Ltd., shares his views on the outlook of the Nifty and the stocks he is bullish ...
- Yuan hits fresh peak vs dollar, but falls on euroChina's yuan jumped against the dollar on Friday to its highest since a landmark 2005 revaluation but its broader gains were less impressiv...
- Coca-Cola counts on Indian drops of joyCoca-Cola India is set to play a larger role in the soft drink company’s global scheme of things.
- Surprise raid on Ranbaxy offices in USUS authorities conducted a raid on the New Jersey premises of the company for unspecified reasons.
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