Company

The Kraft Heinz Company is to sell Indian brands Complan, Glucon-D, Nycil and Sampriti to Zydus Cadila at a valuation of approximately Rs.46 billion (approximately US$625 million) on a debt free and cash free basis.

The Vice President, M. Venakaiaha Nadiu has called on Chambers of Commerce of Industries to promote ethical practices in corporate governance, tax compliance and corporate social responsibility among its members.

ASDA, the United Kingdom’s third-largest grocery retailer, has awarded a three-year application services contract to HCL Technologies to help drive IT its transformation.

Be transparent to Investors and society The Indian stock market is showing an increasing tendency for a zero tolerance for any perceived dishonesty on the part of companies, expecting them to remain fully transparent and compliant in corporate governance and...

Brexit uncertainty not a spirit dampener High Commissioner Sinha holding the report. Uncertainty over the outcomes of Brexit negotiations does not appear to have negatively affected Indian companies’ enthusiasm for the UK as an investment destination, a report said. Indian...

Businesses need banking support as economy recovers CII President Kamineni. The Confederation of Indian (CII) Industry wants Reserve Bank of India (RBI) to continue to provide the requisite policy support which would enable industry to raise capital at affordable cost...

100 Taiwanese companies to join CDC park Taiwan's Century Development Corporation (CDC) has finalised plans to develop an industrial park on a 70-acre site near Aerospace park in Bengaluru. It has leased land from Karnataka Industrial Area Development Board at...

Feb post nominal export growth Indian exporters are worried about the big decelerating trend in export growth, saying it would impact the economy as a whole. The exports data for February, 2018 are not encouraging, said Ganesh Kumar Gupta, President...

Ise commits Rs.217 crore investment Ise Foods. Japan and India have decided to strengthen cooperation in the field of food safety for promoting investment by Japanese companies in the Indian market. This was underlined as Ise Foods Inc committed a...

Make in India introduce in major defence areas Defence Research & Development Organisation (DRDO), the Research wing of Ministry of Defence, has been set up with a mandate of developing cutting edge technologies and systems for Indian Armed Forces as...