Business

Business

India business awaits changes to Raj era labour laws

WITH steel machines hissing and whirring and staff studiously manning production lines, Sunder Rajan's factory about two hours southwest of New Delhi is prospering. But...

Mukesh Ambani pledges to renegotiate gas deal

INDIAN tycoon Mukesh Ambani will abide by a court ruling ordering him to renegotiate a deal sharing the family’s gas wealth, his firm said...

Vibrant Foods acquires Cofresh Snack Foods

VIBRANT FOODS, an ethnic foods platform launched by Exponent Private Equity in June, has acquired Cofresh Snack Foods for an undisclosed amount. The deal is...

UK economy suffers worst quarterly slump since 1979

Britain's economy has suffered its biggest quarterly contraction for more than 40 years as the coronavirus pandemic slashed activity, revised official data showed Tuesday. Gross...

HUL to rebrand ‘Fair & Lovely’ cream to ‘Glow & Lovely’

The Indian arm of global consumer giant Unilever said on Thursday it would rebrand its skin-lightening cream 'Fair & Lovely' to 'Glow & Lovely,' after...

Britain and India’s Bharti win auction for OneWeb satellite company

Britain has joined forces with India's Bharti Global to buy the collapsed satellite operator OneWeb, with the two sides pledging $1 billion between them to...

UPI payments hit all-time high of 1.34 billion transactions in June

Payments on Unified Payments Interface (UPI) in June hit an all-time high of 1.34 billion in terms of volume with transactions worth nearly Rs...

India opens vast railway network to private players

India has opened up its vast railway sector to private companies, allowing firms to operate trains on certain routes, in a bid to boost...

Apple supplier Foxconn, others hit as India holds up imports from China

India's additional scrutiny of imports from China has disrupted operations at plants owned by Apple supplier Foxconn in southern India, three sources told Reuters, and...

Chinese imports to India likely to continue till feasible alternatives emerge

Imports from China are expected to continue for the time being till other feasible and cost effective alternatives emerge, according to players in Indian...
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