Sethi, who was earlier VP Finance India & South West Asia, in her new role will provide leadership to business incubation, Coca-Cola said in a statement. She will also continue to lead the M&A priorities for Coca-Cola's business in India & South West Asia, it added. Both appointments will be effective from August 1, 2019.
Solan: 2 more bodies retrieved from the site of building collapse in Kumarhatti. Death toll rises to 10, 4 still trapped in the debris. Around 17 Army personnel & 11 civilians rescued so far
In a regulatory filing on the BSE, the city-based IT behemoth said consolidated revenue for the quarter under review (Q1) grew 14 per cent Year-on-Year (YoY) to Rs 21,803 crore from Rs 19,128 crore in the like period a year ago.
The company did not provide a value of the contracts but said the orders fall under "significant" category which ranges between Rs 1,000 crore and Rs 2,500 crore as per its classification of contracts.
The quantum of capital support would be worked out post EY gives its report, though DIPAM sources said that anywhere between Rs 9,000 crore and Rs 10,000 crore capital support would be required for the insurers to bring them in pink of health.
A ruling by a British judge has revealed that an Indian origin man, the son of a London-based arms dealer, is suing his estranged wife after learning that he is not the father of their eight-year-old son. The couple is already involved in a high-profile divorce case.
The US leads in the volume of tweets referencing Bitcoin and "Libra" digital coin that is expected to come in 2020, revealed crypto-trading platform The TIE in a series of tweets.
According to highly-placed sources, the government is likley to come good on its poll promise of enhancing the fund to Rs 20,000 crore.
The NCLAT Thursday cleared the takeover of Essar Steel by ArcelorMittal after it rejected all objections raised by the shareholders of the debt-ridden company. The National Company Law Appellate Tribunal (NCLAT), however, gave operational creditors equal footing into the proceeds of insolvency auction.
The rupee appreciated by 16 paise to 68.79 against the US dollar in opening trade Wednesday, driven by positive opening in domestic equities and weakening of the greenback in overseas markets.
The consortium of 30 lenders led by state-run Union Bank of India, which includes banks and other financial institutions, may also consider the conversion of debt into equity that can make them the largest shareholder in the mortgage lender, sources said over the weekend.
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The report by India Ratings and Research said that a reorganisation of the GVA (Gross Value Added) data of the Central Statistical Office gave an insight into the manner in which the income generated in the production process is being distributed across the two key factors of production, labour and capital.
The idea is to help SMEs increase business productivity and ensure that employees use latest technologies, Microsoft India group director for devices Farhana Haque said at an event.
The statement comes amid reports that Flipkart, which is locked in an intense battle with US giant Amazon for leadership in the Indian market, is looking at tapping into the US equity market by 2022.
Sri Lanka Monday said it is expecting Indian tourists arrival to up to 4 lakh. The island nation was expecting a 25 per cent growth from Indian travellers this year, over 5 lakh visitors from around 4,25,000 last year.
"Since April of 2017, we have hired about 9,100 people as of March 2019. This has actually helped us in strengthening our business model and becoming less dependent on visa for for talent or ability," Infosys COO UB Pravin Rao said at the company's annual general meeting (AGM).
The NDA government would on July 5 unveil the full Budget for 2019-20. On February 1, the government had presented an Interim Budget to take Parliament nod for spending till the new government takes charge after the general elections.
President Ram Nath Kovind made the announcement while addressing the joint sitting of both the Houses of the Parliament.
Mauritius-registered Rishima had invested Rs 80 crore in the Shristi promoted hotel project in Rajarhat, with 35 per cent stake.
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