PVR Inox Sells Snacks Business to Marico
PVR Inox has announced the sale of its snacks business to Marico, a major FMCG company, as part of a strategic restructuring to focus on core cinema operations.
Category : Corporate News
Junk Debt Sales Soar After Trump Tariff Threat Recedes
Junk-debt sales surged globally as companies capitalized on easing geopolitical tensions after Trump abandoned Greenland-linked tariff threats, with record activity in US and European markets.
US Treasury Ends Booz Allen Contracts After Tax Leak
The US Treasury Department has severed all contracts with Booz Allen Hamilton after a former contractor leaked confidential tax information, including President Trump's returns, to media outlets.
Dubai Firm to Sue Lebanon for $1.7 Billion Losses
Dubai-based Al Habtoor Group announces legal action against Lebanese authorities, citing $1.7 billion losses from economic crisis, banking restrictions, and political instability in Lebanon.
Amazon's Second Layoff Round Targets 30,000 Corporate Jobs
Amazon is reportedly planning a second round of layoffs this week, aiming to cut about 30,000 corporate jobs. The move follows last year's cuts and affects divisions like AWS and retail.
Business Leaders Seek Tax Reforms in Letter to Finance Minister
Prominent industry associations have submitted a detailed letter to Finance Minister Nirmala Sitharaman, advocating for tax rationalization, infrastructure development, and policy stability to fuel India's economic growth ahead of the upcoming budget.
Amazon Layoffs: 30,000 Jobs Cut, CEO Cites 'Culture' as Reason
Amazon plans second round of corporate job cuts affecting AWS, retail, and HR, totaling 30,000 roles. CEO Andy Jassy attributes layoffs to organizational 'culture' and 'layers,' not AI or financial pressures, marking largest cuts in company history.
Waaree Invests ₹1,225 Cr for 55% Stake in Power Firm
Waaree Renewable Technologies Ltd announces ₹1,225 crore investment to acquire 55% stake in Associated Power Structures Ltd, enhancing EPC capabilities in renewable energy value chain.
Buffett's Silver Exit: A $13 Billion Missed Opportunity
Warren Buffett's Berkshire Hathaway invested heavily in silver in the late 1990s but sold too early, missing out on billions as silver prices soared to $100 an ounce in 2026.
Pichai's Leadership Vision: Success Through Others' Growth
Google CEO Sundar Pichai challenges traditional corporate leadership narratives by emphasizing collective success over individual achievement, reshaping how organizations measure impact and foster innovation.
Microshifting: The New Workday Revolution
Discover how microshifting is transforming work culture by breaking the traditional 9-to-5 into flexible, productivity-focused blocks driven by employee needs and energy levels.
Amazon's SmartBiz: Free Websites for Indian Sellers
Amazon launches SmartBiz, a free tool for Indian sellers to create independent websites. While risking marketplace revenue, Amazon aims to become the essential infrastructure provider for India's growing direct-to-consumer economy.
PVR INOX Sells 4700BC Snacking Brand to Marico for Rs 226.8 Cr
PVR INOX has sold its premium gourmet snacking brand 4700BC to FMCG giant Marico in a strategic Rs 226.8 crore transaction, marking a significant shift in India's premium snack market.
PVR INOX Sells 4700BC Snacking Brand to Marico
Multiplex giant PVR INOX has divested its premium snacking business 4700BC to FMCG major Marico in an all-cash deal worth Rs 226.8 crore, aiming to monetize non-core assets and strengthen its financial position.
PVR Inox Sells 4700BC Brand to Marico for Rs 226.8 Crore
PVR Inox has agreed to sell its 4700BC popcorn brand to Marico for Rs 226.8 crore, marking a strategic divestment in the FMCG sector. The deal aims to streamline operations and focus on core cinema business.
India's Davos 2026 Pitch: Reliability Amid Global Uncertainty
At the World Economic Forum in Davos 2026, India positioned itself as a stable, predictable partner amid geopolitical tensions and AI-driven anxiety, emphasizing trust, scale, and innovation.
UK Remote Work Decline as Job Market Weakens
Britain's work-from-home experiment is reversing as remote job listings plummet 42% and office-based roles surge, driven by rising unemployment and shifting employer power.
Reliance Stops Russian Oil Imports, PSUs Step In
Reliance Industries, once the largest buyer of Russian seaborne oil, has paused all purchases in January 2026, while public sector companies have increased their imports, according to industry sources and shipping data.
Indian IT Firms Win Big Contracts in Consolidation Push
Tata Consultancy Services, Infosys, and Cognizant secure three billion-dollar deals in a quarter, marking a resurgence in large contracts after nine quarters. The trend reflects global cost-cutting and vendor consolidation, with AI-led transformations dri
Business Leaders Wish India on Republic Day 2026
Top business leaders from Mahindra Group, Microsoft, Biocon, Vedanta, Reliance Industries, and Tata Group extend Republic Day greetings, emphasizing innovation, economic development, and India's journey toward becoming a developed nation.
MSMEs Demand Tax Cuts, Easier Rules in Budget 2026
Micro, Small & Medium Enterprises are urging the government to lower tax rates and reduce compliance burdens in the upcoming Union Budget 2026 to boost operational efficiency and growth.
Microsoft & Amazon Join Forces on Housing Crisis
Tech giants Microsoft and Amazon, typically fierce rivals in cloud computing, have come together to tackle Washington State's housing emergency through a joint Op-Ed and $1.6 billion commitment.
Leadership vs Dealership: A Critical Distinction
The Venezuela-US episode reveals a leadership illusion prevalent in Indian politics and business: mistaking transactional control for genuine stewardship that builds lasting legacy through purpose.
David Sokol: The Man Who Almost Replaced Warren Buffett
David Sokol was once seen as Warren Buffett's successor at Berkshire Hathaway. His career unraveled after a controversy over personal stock trades in Lubrizol.
AI Mega Deals Spike in Indian IT Amid Margin Concerns
Indian IT giants like TCS, Infosys, and Cognizant report billion-dollar AI contracts, signaling sector consolidation and transformation, yet face profitability challenges.
Union Budget 2026: Manufacturing Growth vs Job Creation Gap
The Union Budget 2026 highlights a critical challenge: manufacturing growth hasn't spurred job creation, especially in labour-intensive sectors like textiles and leather, despite incentive schemes.
TT Jagannathan: Prestige's Iconic Slogan & Kitchen Revolution
TT Jagannathan, the IIT-Cornell alumnus who revived TTK Prestige, designed its safety valve, and created the legendary 'Jo biwi se kare pyaar' ad, posthumously receives Padma award.
Power Sector Turns Profitable After Years of Losses
India's power distribution sector has turned profitable in FY25, with Maharashtra and Punjab discoms leading the charge. The sector moved from a Rs 27,022 crore loss to a Rs 2,701 crore profit, though accumulated losses remain high.
Consumer CEOs Seek Tax Cuts, Middle-Class Support in Budget
Top executives from India's consumer goods companies are calling for tax reductions, measures to boost middle-class purchasing power, and support against volatile commodity prices in the upcoming budget to sustain consumption recovery.
Netflix vs Paramount Skydance in WBD Acquisition Race
Global streaming giants Netflix and Paramount Skydance are locked in a fierce competition to acquire Warner Bros. Discovery. With revised bids, financial backing details, and shareholder benefits on the table, the decision now rests with WBD shareholders.
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