Prabha Narasimhan, MD and CEO of Colgate Palmolive India, was honoured with The Hindu Excellence in Business Leadership Award. The award was given to her by Justice R.N. Manjula of the Madras High Court and Nirmala Lakshman, Chairperson of The Hindu Group. Ms. Narasimhan said, “I have grown up reading The Hindu and many of … Read more
Jio Financial Services announced on Thursday that it has invested Rs 1,000 crore in Jio Finance, its wholly owned subsidiary. The investment was made through the subscription of 1,73,77,412 equity shares at Rs 10 each. The funds will be used by Jio Finance to support its business operations. The company said that as this transaction … Read more
Jio Financial Services announced on Thursday that it has invested Rs 1,000 crore in Jio Finance, its wholly owned subsidiary. The investment was made through the subscription of 1,73,77,412 equity shares at Rs 10 each. The funds will be used by Jio Finance to support its business operations. The company said that as this transaction … Read more
India’s BigBasket is planning to go public in the next 18 to 24 months, its CEO said, as the Tata Group-backed grocery giant seeks to tap surging demand for quick online deliveries of everything from fruits to Apple iPhones. The company is on track to double its business year-on-year by March 2026 and expand to … Read more
Siddu Reddy Kandakatla, an entrepreneur and social worker from Telangana, has been working to bridge gaps in education and community welfare through a series of targeted initiatives. His journey, shaped by his early experiences in Hyderabad, shows a strong will to enhance quality of life. “Education should be as revered as a sacred space,” Reddy, … Read more
West Bengal Chief Minister Mamata Banerjee at the 2nd day of the 8th edition of the BGBS in Kolkata. | Photo Credit: DEBASISH BHADURI West Bengal Chief Minister Mamata Banerjee on Thursday (February 6, 2025) said investment proposals worth ₹4.40 lakh crore were received during the two-day Bengal Global Business Summit, 2025, emphasising that the State remains the “safest … Read more
A team of Income Tax Department officers searched the houses and offices of some industrialists and businesspersons in Belagavi on January 28, 2025. | Photo Credit: Photo for representation only A team of Income Tax Department officers searched the houses and offices of some industrialists and businesspersons in Belagavi on January 28. They included Vinod … Read more
Leading adhesives and construction chemicals maker Pidilite Industries on Wednesday reported consolidated net profit of Rs 557 crore for the October-December quarter, a 9% increase over the same quarter last year, the company said in a filing to the exchange. Revenue from operations for the third quarter stood at Rs 3,368.91 crore, up about 8% … Read more
Leader of Opposition Rahul Gandhi visited a garments factory and home-based tailoring units to interact with people engaged in the business, in Ballari during Bharat Jodo padayatra in October 2022. | Photo Credit: Special Arrangement Political uncertainty in Bangladesh has created an opportunity to bolster the jeans industry in Ballari, a traditional hub for the … Read more
Market regulator Securities and Exchange Board of India (Sebi) on Thursday barred Ketan Parekh and Singapore-based trader Rohit Salgaocar from accessing the Indian capital markets after finding them involved in a front-running scam. In an interim order, the regulator further directed impounding of an amount of Rs 65.77 crore from Parekh, Salgaocar and 20 other … Read more