Latest News, Updates & Breaking Headlines
Imported European wines, whiskies and beers are set to become significantly cheaper in India following the conclusion of a “historic” free trade agreement (FTA) between India and the European Union, described by leaders of both India and EU as the “mother of all deals”.Under the pact unveiled, India will sharply reduce some of the import…
PUNE: In Maharashtra, some surnames have for long carried more weight than manifestos, like Thackeray and Pawar.For BJP, the January 15 polls and its favourable outcomes on Friday were not just about gaining control over the richest civic body in India — the Brihanmumbai Municipal Corporation (BMC) — or to establish its governance in Pune,…
Emily in Paris Season 5: Middle Eastern Designers Shine in Global Fashion Spotlight Netflix’s Emily in Paris may be known for its indulgent plot twists and jet-set escapism but this season another narrative is quietly emerging and it is written in style. As Emily Cooper swaps Paris for Rome and Venice, her wardrobe is not…
BENGALURU: Arvind Fashions said on Monday it will acquire Flipkart Group’s stake in Arvind Youth Brands Pvt Ltd for Rs 135 crore, making the entity a wholly owned subsidiary of the company.Arvind Youth Brands houses Flying Machine, the company’s youth-focused denim and casual wear brand. Arvind Fashions said Flying Machine has re-established itself over the…
Microsoft has issued an advisory for its employees on H-1B/H-4 amid the ongoing visa appointment rescheduling and stamping delays. This comes amid new social media screening, said to address the potential “abuse of the H-1B program”. Calling it a “rapidly developing situation”, the software giant has issued “preliminary guidance” for employees who are in the…
Nestle India plans to sharpen its focus on leveraging technology to accelerate its business, invest in legacy brands, and drive volume-led expansion. Outlining the company’s priorities in his first interview since taking charge in Aug, Manish Tiwary, the CMD and the first external hire globally to step into the Swiss packaged food maker’s corner office…
Oppo, Vivo, Lenovo-Motorola, Haier, Midea and other top Chinese electronic companies are relying on group companies to fund their Indian operations, according to the Registrar of Companies filings. Most of the funds received are from external commercial borrowing route from linked parties.According to sources cited by ET, this comes as the entities face a roadblock…
Black Friday-to-Cyber Monday sales in India are seeing strong traction this year, with retailers and company executives reporting a 20–25% increase compared with last year. The surge started early, as brands began their promotions a week before Black Friday and plan to keep offers running beyond Cyber Monday. Platforms such as Tata CLiQ, Nykaa, Flipkart,…
Mahindra & Mahindra’s Rajesh Jejurikar NEW DELHI: As relations between India and China seem to be mending on the business front, local auto major Mahindra & Mahindra has said Indian carmakers are open to competing with Chinese brands, provided they “compete on equal terms” and adhere to localisation norms of the country.Mahindra has been betting…
MUMBAI: Call it the impact of new age D2C brands bringing about a shift in consumption patterns as they build products to cater to different consumer nuances, or more households going premium helped by rising incomes, global FMCG giants are bringing foreign brands to India. Be it PepsiCo getting its Australian gourmet snacking brand Red…
