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India’s illicit market has resulted in loss of 3 million jobs: FICCI Sanjiv Mehta, the chairman of HUL said on Thursday that counterfeiting and smuggling of goods should be treated as serious criminal offenses in India. He batted for civil…

Whirlpool India expects washing machine market to see double-digit growth Consumer durables maker Whirlpool of India Thursday said it expects domestic washing machines market to grow in double digits in the next 2-3 years with a rise in…

Mahindra Finance says RBI order will hit vehicle recovery; stock tanks 12% Mahindra Finance expects this number to go down temporarily by about 3,000 to 4,000 per month. The Mumbai-based non-banking financial company repossesses about…

Seven Tata Group metal companies merged into Tata Steel Tata Steel said the resources of the merged entities can be pooled to unlock the opportunity for creating shareholder value. The board of directors of Tata Steel on Friday approved…

Amazon to set up three solar farms in Rajasthan “Amazon is committed to helping scale corporate renewable energy procurement options in the country, bringing associated green jobs and investments to more parts of India,” said Abhinav…

Ikea invests additional Rs600 crore in India business In FY21, Ikea’s India unit reported a net loss of ₹807.5 crore; it reported a loss of ₹720.7 crore in the previous year, according data accessed by Tofler. NEW DELHI : Swedish…

Reliance Retail to acquire Sephora business from Arvind Reliance Retail is acquiring the India franchisee business of Sephora from Arvind Fashions, according to three people familiar with the development. Reliance Retail has already…

India's top palm oil buyer expects 23% jump in imports AGRA: India's palm oil imports could jump 23% in 2022/23 to an eight-year high of 9.5 million tonnes, as a rebound in consumption and competitive prices prompt refiners to increase…

India set to skip buying Russia's ESPO crude in September as freight costs jump NEW DELHI: Indian refiners are set to skip purchases of Russia ESPO crude oil this month due to higher freight rates, turning to Africa and the Middle East…

Air India in sale, leaseback deal for 34 engines Air India has been on a transformational path since it was taken over by the Tata Group under a government-led strategic divestment programme in Jan 2022. Anu Sharma Under the agreement,…