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Successor to face increasingly heated competition, says Unilever India CEO

International corporates are turning their attention to India, while large local firms have "big aspirations" to expand their reach, said Sanjiv Mehta

Video game retailer GameStop stock falls nearly 19% after CEO fired

Yet GameStop was set to erase half of its gains for 2023 and about $1.3 billion in market value, with one analyst saying management change has been the only constant in recent years

HDFC may tap Arvind Kapil for mammoth mortgage business post merger

If he gets the role, Kapil will lead a mammoth mortgage business, that currently includes gross individual loans of Rs 5 trillion at HDFC and over Rs1 trillion at HDFC Bank

Infosys second-worst performer on NSE Nifty 50 Index in 2023, shows data

Infosys's disappointing sales forecast for the current financial year added to the negative newsflow

As lithium prices head north, salt might soon end up powering EV's

"Sodium-ion batteries are an alternative technology that can release some pressure on lithium's complex and growing supply chain"

Lionel Messi spurns $400 mn Saudi offer to join David Beckham's Inter Miami

Lionel Messi plans to join Major League Soccer club Inter Miami, turning down a deal from Saudi Arabia that would have paid him $400 million annually

Byju's lenders, their advisers weigh options after missed interest payment

The edtech company and its lenders are mired in a fight over the term loan after the firm breached terms of its debt agreement

Standard Chartered to trim more than 100 roles as part of cost cuts

"It is part of normal business activity to review our role requirements on an ongoing basis across the bank, to ensure that we remain effective in delivering our business strategy"

Why the road to Modi's ambitious Make-in-India goal runs through China

It's a Catch-22 for companies in India making everything from a baby's first toy to mobile phones: the more they try to ramp up production to compete with China, the more dependent they become on it

Byju's schedules call for lenders to discuss loan amendment proposal

Byju's didn't pay $40 million in interest due Monday on its $1.2 billion loan

India train crash shows importance of getting infrastructure basics right

It's far better to think small than to think big. Working on the plumbing is less glitzy than building a fancy facade, but it can be far more rewarding in the long run

Turkish lira crashes 7% after Recep Tayyip Erdogan's third term starts

In other Turkish markets, the main stocks index rose 3.1%, extending gains since the vote to 21% and reversing this year's losses

India's green goal offers companies $500 bn opportunity, says ReNew CEO

ReNew has plans to invest in the entire decarbonization chain. The company, with about 8 gigawatts of operational capacity, is among India's top renewables producers

Sequoia's split sends warning to every company doing US-China business

Left unsaid is that the move is a concession to increasing pressure in the US to distance Silicon Valley from China

MRPL shelves plans of refinery expansion to focus on chemicals bet

A shifting energy landscape primarily driven by the uptake of electric vehicles has prompted MRPL to focus its efforts on increasing output of chemicals that can be used for plastics and paints

Google adding more local languages to fuel Android's growth in India

The Alphabet Inc. unit is enabling more users in India to access its services with their local language, by either writing or using their voice

Slowdown threatens India's booming economy even as its rich keep spending

India grew by 6.1% in the three months ended March compared to a year earlier, well beyond the 5% estimate of economists

New York tops the world's 20 most expensive cities for expats in 2023

Soaring inflation and rising accommodation costs were cited as reasons for New York topping ECA International's Cost of Living Rankings for 2023

Adani stocks still reeling from losses inflicted by Hindenburg report

While two of Adani's 10 stocks have bounced back strongly, a full recovery to pre-Hindenburg levels looks a ways away

Golf-crazy Saudi wealth manager orchestrated the shock PGA-LIV truce

The transaction will create a global golf superpower and bring to an end all outstanding litigation between the two sides