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Reebok sales doubled in last 3 yrs, aggressive on growth trajectory: Aditya Birla Lifestyle Brands
Reebok's sales have more than doubled in India over the last three years following its acquisition by an Aditya Birla group firm. The brand plans to aggressively expand its network by adding 40-50 stores annually, targeting untapped market opportunities across metro and smaller towns. This growth is fueled by strong same-store sales and new product launches.
Vedanta listing: Why its aluminium business is the undisputed crown jewel of the mega 4-way demerger
Four demerged entities of Anil Agarwal-led Vedanta Group are set to begin trading on Monday, with Vedanta Aluminium Metal Ltd (VAML) expected to emerge as the biggest winner. Analysts believe the pure-play aluminium business could see the strongest listing gains, backed by robust fundamentals and favourable industry dynamics.
Tata's iPhone Plant Faces Shutdown Threat In Tamil Nadu Over Groundwater Contamination, Says Report
Tata Electronics is Apple's second-largest supplier in South Asia after Foxconn.
Tata’s iPhone parts manufacturing plant in Tamil Nadu’s Hosur is facing shutdown over wastewater discharge: Report
Tata-owned iPhone parts factory in Tamil Nadu is at risk of shutdown due to allegations of wastewater discharge harming local farmland. Inspections revealed contamination, leading to warnings from Pollution Control Board. Tata asserts compliance with regulations and pledges to protect environment.
No Fresh NEET Paper Leak: PIB Debunks Fake Question Paper Circulating Online
The NEET-UG exam is scheduled on June 21.
Tata's Apple iPhone factory in Tamil Nadu may get shut down over farmland water contamination; pollution body seeks explanation
An Indian pollution regulator has accused Tata Electronics, a key supplier for Apple's iPhones, of contaminating groundwater near its Hosur factory. The regulator found wastewater discharge from the plant polluted farmland wells. Tata faces a potential shutdown unless it provides a satisfactory explanation. This adds to recent issues faced by Apple's Indian supply chain.
Norpac announces paper price hikes amid tight capacity, rising costs By Investing.com - Investing.com India
Norpac announces paper price hikes amid tight capacity, rising costs By Investing.comInvesting.com India
Top Gainers & Losers on June 12: MTAR Tech, Ashok Leyland, Tata Motors, Anant Raj, UCO Bank, HPCL among top gainers
The Indian stock market surged on June 12, with the Nifty 50 and Sensex gaining 2% and 2.1%, respectively, amid easing tensions in the Middle East. Strong buying across sectors, particularly in auto and real estate stocks, marked the day despite some laggards.
Vodafone Idea shares jump 4%; KM Birla says telco navigated through one of its toughest challenges in history
Vodafone Idea shares climbed after shareholders approved a Rs 4,730 crore investment from the Aditya Birla Group, signalling renewed promoter confidence. With funding support, easing AGR pressure and improved ratings, investor focus now shifts to execution, network expansion and the company’s long-term turnaround prospects.
Can India Create a Financing Ecosystem for $1 Trillion Real Estate sector? - Investing.com India
Can India Create a Financing Ecosystem for $1 Trillion Real Estate sector?Investing.com India
Hoax bomb threat delays Indigo's Lucknow-Delhi flight
A Lucknow-Delhi IndiGo flight, carrying approximately 180 passengers, was delayed on Friday due to a hoax bomb threat. A tissue paper with "bomb" written on it was discovered in the aircraft's lavatory, prompting a security check. No actual explosive was found, and legal and security procedures are ongoing.
Vedanta up 3% ahead of listing of four demerged entities; should you buy?
Four companies that have taken shape following demerger from Anil Agarwal's Vedanta Ltd will list on the BSE and NSE on Monday (June 15).