The drafting of these rules has been completed and they will soon be available for public comment.
Author: Delshad Irani
Fevicol-maker Pidilite Industries net profit rises 21% to Rs 571 crore in Q1 FY25
Pidilite Industries reported a consolidated net profit of Rs 571 crore for the June quarter, registering a growth of 21 percent from Rs 474 crore a year ago.
Lotte to invest Rs 400 cr in new Havmor ice-cream factory; Also plans to launch localised version of popular confectionery products
Lotte Wellfood announced plans to merge its Indian subsidiary Lotte India and Havmor Ice Cream. It also plans to set up a new ice-cream production facility for Havmor with an investment of Rs 400 crore in Pune.
Dabur’s CEO Mohit Malhotra hints at inorganic route to ramp up presence in hair-oil subsegments
Emerging channels like e-commerce and modern trade posted a robust double-digit growth and now contribute to around 20% of Dabur’s India business.
Pamela Forbus joins Mondelēz International as SVP, Global Chief of Insights and Analytics
Pamela Forbus’s longest stint was her 17-year career at PepsiCo, where she held numerous leadership roles, refining, and executing the new demand science approach to marketing and consumer insights across PepsiCo’s top 30 global markets.
Prasar Bharati’s OTT platform: Pubcaster to onboard linear satellite TV channels, invites applications
The deadline for sending applications is August 12. Pubcaster mentions revenue-sharing agreement where 65% of net revenue generated from ads will go to the channel and 35% to Prasar Bharati.
Amazon veteran Amit Agarwal to oversee India ops after Manish Tiwary quits
US-based Amazon insider Amit Agarwal is part of Jeff Bezos’s famed S-Team.
Amazon India’s country manager Manish Tiwary quits
Manish Tiwary joined Amazon India in 2016 post a long stint with Unilever.
RC Bhargava says Maruti will never forget needs of Indians who cannot afford expensive cars
“We have believed that the company will benefit most if, while enhancing its competitiveness, the economic and social needs of society are also met to the maximum extent possible,” said RC Bhargava, chairman, Maruti Suzuki India Limited.
Google loses antitrust case; US judge rules Google illegally held monopoly in search, text advertising
The ruling marks the first anti-monopoly decision against a tech company in decades. Google said the company would appeal the ruling.