Tata, ITC And Other Big FMCG Players Are Gearing Up For The Race To Acquire Capital Foods
Tata, ITC, Nestle, Kraft Heinz, and Nissin Foods are among the potential bidders. Bloomberg had earlier said that Nestle was in talks with Capital Foods' management about a prospective acquisition that would likely value the company at above $1 billion.
Apple Prioritizes iPhone Production In India, Put Plans For iPads And MacBook On Hold
Apple has refused to participate in the revised IT hardware production-linked incentive (PLI) scheme. It stated that it remains committed to manufacturing only iPhones in India.
Oil Prices Soar After OPEC+ Announces Production Cut
The oil price soared and surpasses USD 85 per barrel, whereas, the price of Brent crude oil surged over $5 a barrel or 7%, to over $85 as trading began
RBI To Announce First Interest Rate Hike In FY24 At Upcoming Policy Meeting
According to analysts, there is a need for another hike due to weaker-than-anticipated global growth, supply-side disruptions in global commodities etc...
Crude Oil Prices Increased To $85 Per Barrel, Check Revised Rates Of Petrol-Diesel & LPG Cylinders
In the national capital, the petrol rates at Rs 96.72 per litre and diesel costs Rs 89.62 per litre...
02 April 2023: Petrol and Diesel Prices Remain Unchanged Today, Check Rates Of Cities
In the national capital, the petrol rates at Rs 96.72 per litre and diesel costs Rs 89.62 per litre...
SEBI Examines Potential Rule Violations In Several Adani Offshore Deals
The investigation follows a report from US short-seller Hindenburg Research on January 24, 2023
Trade Settlement Between India and Malaysia is Now Possible In Indian Rupee
Settlement in other currencies, trade between India and Malaysia can now be settled in Indian Rupee (INR)
ChatGPT Faces Ban in Italy Over Privacy Risks
The US start-up OpenAI, which is backed by Microsoft, created a model that has raised privacy concerns, according to the Italian data-protection authority.
SEBI Fines 23 Entities for Disregarding Trading Norms for Rs 1.55 crore
The Securities Exchange Board of India (SEBI) fined 23 companies a total of 1.55 crore for the violations. Fines levied by the market authority range from one lakh to ten lakh rupees.
