GCPL invests over Rs 1,000 crore on advertising in FY24
FMCG major Godrej Consumer's advertising investment shot up by 47 per cent to Rs 1,011 crore in FY24 in the domestic market, even as it has reduced SKUs by around 30 per cent through a rationalisation process. Godrej Consumer Products Ltd (GCPL), which aims for double-digit volume growth, is spending more...
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AMD leverages AI to shape next-gen computing experience
22 July 2024 | PTI -
Robust policy needed for sustainable growth in oilseed cultivation: NITI Ayog member
22 July 2024 | Pioneer News Service -
Airbus shortlists 8 sites for H125 helicopter final Assembly line in India
22 July 2024 | PTI -
Hero MotoCorp plans to roll out affordable EVs this fiscal
22 July 2024 | PTI -
Assocham: Affordable housing, infra growth, boost to manufacturing likely to be Budget focus
22 July 2024 | PTI -
Sitharaman set to make history with 7th consecutive Budget
22 July 2024 | PTI -
Union Bank net profit rises 13.7% to 3,679 cr; flags challenges on margins
21 July 2024 | PTI
Pearl Global Industries raises Rs 149.5 cr through QIP issue
Apparel manufacturer and exporter Pearl Global Industries has raised Rs 149.50 crore from qualified institutional investors for repayment of certain debt and inorganic growth, among others. The qualified institutional placement (QIP) attracted notable investors such HDFC Mutual Fund, HSBC Mutual Fund, ICICI as Prudential Mutual Fund and Goldman Sachs Fund,” it...
EPFO officers raise concern over inadequate IT infrastructure
Employees’ Provident Fund Officers’ Association has sought the Union Labour Minister’s intervention to improve the information technology infrastructure of the retirement fund body. In a letter to the minister earlier this week, the EPF Officers’ Association (EPFOA) said it has been regularly submitting requests for urgent interventions to upgrade the EPF...
Credai wants tax sops for homebuyers to construct affordable houses
Realtors’ body Credai on Saturday urged the government to provide more tax benefits to homebuyers, offer incentives to builders to develop low-cost homes and streamline the approval process to undertake real estate projects in the upcoming Budget. Credai, in a statement, said it has given various recommendations to the government for...
India preferred destination for investors, says Goyal
Commerce and Industry Minister Piyush Goyal on Saturday appealed to the Indian diaspora of the US to help promote the country as a preferred investment destination, highlighting the vast opportunities available in various sectors.He said that the government has taken a series of measures to attract investments and those steps...
All exchanges, clearing corporations remain unaffected due to Microsoft system outage
All stock exchanges and clearing corporations remained unaffected due to a global outage of Microsoft systems, bourses said in a joint statement on Saturday. On Friday, there was a global outage of Microsoft systems. This technical glitch has caused disruptions across various sectors globally. "In India, all exchanges and clearing corporations functioned...
Airline systems across airports working normally: Minister
Airline systems across airports, which were impacted due to a global IT outage on Friday, have started working normally, and all issues are likely to be resolved by noon on Saturday, Civil Aviation Minister K Rammohan Naidu said. The ministry is constantly monitoring the operations at airports and airlines to ensure...
Green certified office buildings command 12-14% premium in rental values: Vestian
Office buildings that are green certified command a 12-14 per cent premium in rental values over normal properties, as demand for environment-friendly workspace is high from multi-national companies (MNCs), according to Vestian. In its latest report ‘India Office Market-Sustaining the Sustainability’, real estate consultant Vestian has mentioned that green-certified projects command...
