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Economictimes.indiatimes.com
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2024

Новости за 21.04.2024



Soccer-Liverpool beat Fulham 3-1 to climb level with Arsenal

Economictimes.indiatimes.com 

Liverpool caught up with Arsenal in the Premier League standings after a win over Fulham. Gravenberch's goal was crucial in the victory. Salah provided a boost coming off the bench. Liverpool faces tough upcoming matches.

Lavasa creditors invoke DPIL's guarantee

Economictimes.indiatimes.com 

Creditors invoked a guarantee due to CIRP non-compliance, halting the Lavasa project. Legal battles continue as lenders lose confidence in the resolution applicant. NCLT and NCLAT petitions are pending, with DPIL seeking more time.

Apple stores in India get off to a flying start

Economictimes.indiatimes.com 

Apple's two company-owned stores in India have achieved significant revenue, each generating between Rs 190-210 crore last fiscal year. The stores, located in Mumbai and New Delhi, have consistently achieved monthly sales of Rs 16-17 crore each since their launch. Apple is now aggressively looking for space to open three more company-owned stores in Pune, Bengaluru, and Noida. The stores have become popular destinations for customers to experience Apple products and receive expert advice, contributing... Читать дальше...

Third Eye: Preparing a post-June 4 plan, Choubey is giving his best shot and politics on the edge

Economictimes.indiatimes.com 

As the model code of conduct slows down the government, bureaucratic groups are busy planning the post-June 4 agenda. The Cabinet Secretary is holding review meetings, leading to several proposals being sent back for revision. Meanwhile, Union Minister Ashwini Choubey, denied a ticket from Buxar, is hopeful for a change in his favor. In another development, BJP is facing a crisis with two MLAs, ST Somashekar and Shivaram Hebbar, causing trouble by aligning with Congress and not actively supporting BJP candidates.



Indian wear business slows down in times of fast fashion

Economictimes.indiatimes.com 

Bestseller is closing its Indian ethnic wear brand Indifusion due to poor sales and shifting consumer trends. The company, known for western brands like Jack and Jones, bought Indifusion during the pandemic but struggled to understand and operate in the Indian wear market. The decline in traditional wear is part of a broader trend, with consumers increasingly choosing versatile, comfortable clothing for multiple occasions. Fusion wear, combining traditional and modern styles, is growing in popularity... Читать дальше...

HDFC Bank to keep margins at current levels

Economictimes.indiatimes.com 

HDFC Bank MD emphasizes stability over growth, positive outlook for next 2-3 years post-merger. Focus on quality, slow growth strategy. Plans to raise ₹60,000 crore in infrastructure bonds for cost reduction.

India presence imperative as part of worldwide expansion: CLA Global

Economictimes.indiatimes.com 

CLA Global is among the non-Big Four professional services networks, such as RSM, Baker Tilly, HLB, Mazars and Nexia, which, driven by the significant opportunities presented by India's growing economy, are rapidly scaling up their presence in the country.

Unilever wants you to wash the stains that are mostly invisible

Economictimes.indiatimes.com 

Unilever's innovations like Persil Wonder Wash, endorsed by Usain Bolt, aim for quick rinsing. CEO Hein Schumacher targets growth as Eduardo Campanella introduces pungent variants. Keith Rutherford details daily shedding, addressing market share losses with Persil Power Wash.

Increased scrutiny, red flags bigger risks for FMCG cos

Economictimes.indiatimes.com 

Product safety concerns in India pose risks for the FMCG industry, impacting companies like Nestle India. Regulatory scrutiny challenges health claims, affecting consumer trust. Social media influencers influence companies' actions, while the spices category raises new risks for FMCG companies.

AdaniConneX in talks with banks to raise $900-950 million

Economictimes.indiatimes.com 

AdaniConneX secures $900-950 million loan from MUFG Bank for 1 GW data centre expansion in multiple Indian cities. The loan, with an interest rate above SOFR, aims to support Adani Group's venture into the data centre business.

BJP braces for speed breakers on Pune-Bengaluru highway

Economictimes.indiatimes.com 

Former CMs, a deputy CM, and a Union minister are contesting in six Lok Sabha seats along the Pune-Bengaluru highway in Karnataka. The candidates face various challenges, including resistance from local leaders and the need to leverage the Modi factor for support.

Election Commission sweats over missing summer collection

Economictimes.indiatimes.com 

ECI addresses low voter turnout in Phase 1, plans interventions for upcoming phases, including engaging political parties, mobilizing young voters, and improving voter facilities. Various states attribute turnout dip to factors like harvest season and Maoist presence.

After fresh FIR, ED arrests retired IAS officer Anil Tuteja

Economictimes.indiatimes.com 

The federal agency has claimed that Tuteja, a 2003 batch IAS officer, is the "chief architect" of this scandal. The agency had registered a fresh FIR in connection with the liquor scandal on April 9 based on an existing FIR registered by the Chhattisgarh Economic Offences Wing (EOW). The fresh FIR was filed after the Supreme Court recently quashed ED's earlier FIR that was based on an Income-Tax Department complaint.


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Lok Sabha Polls 2024: UP Phase 2 candidates pad up; 'Dream Girl' eyes dream run

Economictimes.indiatimes.com 

Uttar Pradesh emerges as a crucial battleground with 80 parliamentary seats, witnessing a fierce contest among BJP, Congress, BSP, and RLD. With voting in seven phases and the first phase completed on April 19, Mathura gears up for polling on April 26, followed by phases on May 7, 13, 20, 23, and June 1. The state's election results, key for national politics, will be announced on June 4.

US group 'campaign for tobacco-free kids' placed under PRC

Economictimes.indiatimes.com 

Centre placed Campaign For Tobacco-Free Kids under PRC, impacting international donations in India. CFTK partners with Michael Bloomberg to combat tobacco globally. Several NGOs, including Oxfam India, lost FCRA licences due to misuse of foreign funds.

High demand, dip in production push millet prices up 17%

Economictimes.indiatimes.com 

High demand, social media trends, and production decline increase millet prices. Raginflation at 16.6% in March. Jowar inflation at 10%. Millets gaining popularity in healthy snacks, sweets. Government initiatives and rising demand may affect output and prices.



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