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Mahindra Finance says RBI order will hit vehicle recovery; stock tanks 12%

Jaxon Hernandez Sep 23, 2022
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…
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Business Profiles

Seven Tata Group metal companies merged into Tata Steel

Jaxon Hernandez Sep 23, 2022
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.…
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Business Profiles

Amazon to set up three solar farms in Rajasthan

Jaxon Hernandez Sep 23, 2022
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…
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Business Profiles

Ikea invests additional Rs600 crore in India business

Jaxon Hernandez Sep 23, 2022
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,…
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Business Profiles

Reliance Retail to acquire Sephora business from Arvind

Jaxon Hernandez Sep 23, 2022
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…
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Business Profiles

India’s top palm oil buyer expects 23% jump in imports

Jaxon Hernandez Sep 23, 2022
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…
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India set to skip buying Russia’s ESPO crude in September as freight costs jump

Jaxon Hernandez Sep 23, 2022
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…
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Air India in sale, leaseback deal for 34 engines

Jaxon Hernandez Sep 23, 2022
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…
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Business Profiles

Moonlighting: Wipro fires 300 employees for ‘working for competitors’

Jaxon Hernandez Sep 23, 2022
Moonlighting: Wipro fires 300 employees for ‘working for competitors’ “Employees can have a transparent dialogue with the organisation about their second or weekend work, but we…
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