India to Become Top 5 Market for Nestlé in 5 Years
Nestlé India aims to break into top five global markets in five years, driven by scale, demographics, and growth. CMD Manish Tiwary discusses Q4 performance, input costs, and demand outlook.
Category : Business
Tata Trusts Face Internal Rift Over IPO and Director Appointments
Tata Trusts' boardrooms face a May 8 meeting to review nominee directors amid a debate over Tata Sons' IPO, with Noel Tata opposing and Venu Srinivasan favoring listing.
Air India CEO Race Narrows to Four Candidates
The selection for Air India's next CEO has narrowed to four candidates, including Nipun Aggarwal and Vinod Kannan. The board may meet on Thursday to decide, as delays impact the airline's turnaround.
Morgan Stanley, Jefferies, HSBC, JP Morgan, Nomura: Stock Ratings
Morgan Stanley maintains overweight on Bajaj Finance; Jefferies rates Navin Fluorine buy; HSBC bullish on IIFL Finance; JP Morgan neutral on Federal Bank; Nomura buys Waaree Engineering.
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Chabbewal Assures Support for MSMEs, Outlines Govt Initiatives
Punjab Minister Chabbewal assures full support for MSMEs, highlighting government schemes like MSME Databank and single-window clearance to boost industrial growth.
Kochi Corp Begins Municipal Bond Process for Fundraising
Kochi corporation has started preliminary steps to issue municipal bonds to raise funds for development projects, with Sebi approval and ministry support.
Gas Pipeline Work Delays Trigger Traffic Jams in Pune
Ongoing gas pipeline work on Pune-Solapur Road has reduced carriageway width, causing severe traffic congestion. Commuters and activists criticize slow progress, while officials cite underground utility challenges.
BWSSB collects Rs 1,215 crore under OTS scheme
The Bangalore Water Supply and Sewerage Board has collected Rs 1,215 crore from defaulters under its one-time settlement scheme, providing relief to thousands of consumers.
Worker Electrocuted While Operating Power Loom in Namakkal
A 40-year-old power loom worker, M Raja, was electrocuted while operating a machine at a unit in Kumarapalayam, Namakkal district. Despite reporting electric shocks, he continued working and collapsed. Police have registered a case.
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Tirupur Yarn Prices Surge ₹41 in Five Months
Yarn prices in Tirupur have risen ₹7 in May, totaling ₹41 in five months, driven by cotton and crude oil costs. Garment manufacturers face pressure.
BDA to Auction 75 Sites Across Key Layouts
The Bangalore Development Authority will auction 75 residential and commercial sites across major layouts like Anjanapura, Arkavathy, and Kempegowda Layout.
Woman Arrested for Cheating Youth of Rs 63,380
Medical college police in Thiruvananthapuram arrested a 25-year-old woman for allegedly cheating a youth of Rs 63,380 by promising to secure him an EMT job at a private hospital.
Chandigarh Admin Proposes Punjab Right to Business Model
The Chandigarh Administration has proposed adopting the Punjab Right to Business model to streamline business processes, reduce red tape, and improve ease of doing business in the city.
Gujarat Healthcare Consolidation Surges with Mergers and Acquisitions
Gujarat's private healthcare sector is witnessing a strong wave of consolidation, with mergers, acquisitions and operational tie-ups accelerating across key cities like Ahmedabad, Vadodara and Surat.
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Five Startup Ideas Get Rs 6 Lakh Funding at SPU Pitching
Five out of seven startup ideas were selected for funding under the SPU-SSIP-Navadhara initiative at Sardar Patel University, with total assistance of Rs 6 lakh.
Ludhiana Civic Body Eyes Commercial Property Auction for Revenue
Ludhiana's cash-strapped municipal corporation plans to auction commercial properties across the city to generate funds, targeting Rs 50 crore in the 2026-27 budget.
Markets May Consolidate with Positive Bias
Indian markets showed resilience with Nifty Midcap 100 up 0.7% and Nifty Smallcap 100 up 2.5%. Analysts expect consolidation with positive bias.
GU Approves Deficit Budget of Rs 48.8 Crore in Final Meet
Gujarat University's board of management and executive council held their final meeting, approving a deficit budget of Rs 48.8 crore for 2026-27 and new academic courses.
Woman Arrested After 5 Months for Rs 10 Lakh Education Fraud
Charkop police arrested Shraddha Gadekar, wanted for five months, for duping a Kandivli doctor of Rs 10.11 lakh on pretext of overseas education. Firm owner Stella Mehta and husband also accused.
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Nissan India Interview: Strengthening Key Segments
Nissan aims to regain its former top-five position in India by focusing on key segments, leveraging past successes like Micra and Terrano.
Major Fire at Tata Vendor Plant in Ahmedabad's Sanand GIDC
A major fire broke out at a Tata vendor company in Sanand GIDC, Ahmedabad, on Sunday. No injuries were reported, but several plant sections were gutted. Firefighting operations continued for hours.
Kerala CM Demands Withdrawal of Cooking Gas Price Hike
Kerala Chief Minister Pinarayi Vijayan urged the Union government to withdraw the cooking gas price hike, calling it a burden on common people and small businesses.
Thieves Steal Rs 70 Lakh Goods from Navi Mumbai Warehouse
Thieves stole imported goods worth over Rs 70 lakh from a custom bonded warehouse in Uran, Navi Mumbai. Items include branded shoes, bracelets, stitching machines, and coffee cups. An FIR has been filed.
Dharashiv DCC Bank to Sell 93 Acres of Terna Sugar Factory Land
The Dharashiv DCC Bank approved selling 93 acres of Terna sugar factory land to recover Rs 312 crore in defaulted loans amid a liquidity crisis.
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US Lifts Travel Ban for Foreign Doctors Already in Country
The Trump administration quietly exempted physicians from its travel ban on 39 countries, allowing foreign doctors already in the US to continue working and processing visas.
Punjab wheat procurement nears completion, 98% arrived
Punjab's wheat procurement is in its final phase, with over 98% of the estimated 122 lakh tonnes arriving in mandis. Of 119.9 lakh tonnes received, 99% has been procured, but lifting remains slow at 56%.
Tambaram Residents Struggle with Power Cuts Amid Summer Heat
Residents of Tambaram Corporation face prolonged power cuts and voltage fluctuations as summer temperatures soar, causing distress and damage to appliances.
Omfed Raises Milk Prices by Rs 4 per Litre
Omfed increased milk prices by Rs 4 per litre from Sunday, citing rising gas, transportation, and raw material costs. Farmers will get Re 1 more per litre for cow milk and Rs 1.60 for buffalo milk.
Indian-Origin Banker Faces Bullying Allegations After $52M Hire
Vis Raghavan, an Indian-origin banker, faces scrutiny over bullying allegations at JPMorgan after joining Citigroup with a $52M package. Citigroup defends the hire.
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Duvvada Station 9th in ECoR Revenue Ranking 2025-26
Duvvada railway station secured 9th position among top 20 revenue-generating stations in East Coast Railway Zone for 2025-26, earning Rs 41.37 crore and handling over 30 lakh passengers.
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