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INDUSTRIAL BUSINESS

  • HSB inaugurated its academic session on June 24, 2024. Dean Dr. Gregory J. Dunn and Pro-Chancellor Harsh Pati Singhania spoke, with a special message from Prof. Hans Bernd Kittlaus. JKO leadership, IIM faculty, industry leaders, students, and famili...

    05 Jul, 2024, 03.02 PM IST
  • Industry bodies are responding to the harsh summer of 2024, which saw a record number of heatwave days, by developing plans to enhance corporate sector preparedness for future adverse weather events. CII is creating an 'Integrated Framework for Adap...

    05 Jul, 2024, 12.20 AM IST
  • India's services sector saw robust growth in June, driven by strong demand and record export orders, according to the HSBC India Services PMI by S&P Global. The index rose to 60.5, indicating expansion. Hiring reached its highest in nearly two years...

    03 Jul, 2024, 10.35 AM IST
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  • Morgan Stanley, a global brokerage firm, forecasted that Mukesh Ambani-led Reliance Industries' (RIL) fourth monetisation cycle could potentially increase market capitalisation by $60-100 billion. They set a target price of Rs 3,540 in the base case...

    01 Jul, 2024, 12.25 PM IST
  • ITC's foods business posted consolidated sales of Rs 17,194.5 crore for the fiscal year ended March 31, 2024, the company that owns brands such as Aashirvaad atta, Bingo potato chips and Sunfeast biscuits in the segment said in its latest annual rep...

    29 Jun, 2024, 05.30 AM IST
  • RCPL has raised a total of ₹1,053 crore as debt capital from the parent company over 14 months, according to the filings. RCPL began operations in November 2022 and completed its first full year in FY24. In the filings, RCPL said the proceeds will b...

    28 Jun, 2024, 12.00 AM IST
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  • The Aditya Birla Group is already present in the US through Hindalco Industries-owned Novelis Inc and Aleris Inc, and Georgia-based Birla Carbon. It currently has an investment of more than $15 billion in businesses in the US, and is the largest Ind...

    26 Jun, 2024, 07.50 PM IST
  • It’s 2024, and that carefully crafted chain of the diamond business is now being disrupted. Enter lab-grown diamonds (LGD). A lab-grown diamond, priced a fifth of a stone coming from a De Beers mine in Africa or from the Russian giant Alrosa, looks ...

    23 Jun, 2024, 12.26 AM IST
  • JFS plans to acquire equipment worth 360 billion rupees from Reliance Retail, as the financial services provider plans to enter the device leasing business. Through the deal, JFS' unit - Jio Leasing Services - will buy customer premises equipment, d...

    21 Jun, 2024, 08.59 PM IST
  • Shares of Anil Agarwal-owned Vedanta Group, including Vedanta Ltd and Hindustan Zinc Ltd, have surged by Rs 2.2 lakh crore, doubling from their 52-week lows. Vedanta's growth exceeds other top Indian businesses like Reliance and Tata Groups. Brokera...

    21 Jun, 2024, 02.24 PM IST
  • The Department for Promotion of Industry and Internal Trade (DPIIT) Secretary Rajesh Kumar Singh chaired a meeting discussing various initiatives to enhance ease of doing business. These include Jan Vishwas 2.0 aimed at reducing compliance burdens a...

    19 Jun, 2024, 08.48 PM IST
  • The jewellery sector in India is experiencing a shift towards formalisation, with the organised market growing rapidly. Players need to focus on inventory management and customer experiences for success. Top retailers are expanding into new geograph...

    19 Jun, 2024, 01.45 PM IST
  • The G7 nations are set to pledge action against Chinese financial institutions that aided Russia in obtaining weaponry for its war in Ukraine, according to a draft summit communique seen by Reuters. The draft, involving leaders from the UK, Canada, ...

    14 Jun, 2024, 06.43 PM IST
  • Reliance Industries has opposed annual escalation in petroleum products pipeline tariff, preferring it to be linked to railway freight rates instead. Stakeholder meeting hosted by PNGRB saw discussions with major players like Indian Oil, Hindustan P...

    13 Jun, 2024, 11.25 PM IST
  • Hindalco Industries has postponed the proposed $945-million listing of Novelis Inc due to concerns about potentially below-premium valuations for the US subsidiary impacting the valuation of the Indian entity listed in Mumbai.

    06 Jun, 2024, 07.13 AM IST
  • Pop icon and billionaire singer Rihanna has made a foray into the global beauty business and decided to launch her hair care product 'Fenty Hair' at a time when the global hair care market is expected to grow by $19.6 billion to $107.5 billion from ...

    05 Jun, 2024, 11.15 PM IST
  • ​IFB Industries Ltd has reported a consolidated net profit of Rs 12 crore for the fourth quarter ended March 31, 2024, helped by performance from engineering business and home appliances. The company had posted a net loss of Rs 9.94 crore for the ye...

    29 May, 2024, 03.35 PM IST