Aditya Birla Fashion forms JV to bring Christian Louboutin to India

Aditya Birla Fashion forms JV to bring Christian Louboutin to India

Aditya Birla Fashion and Retail (ABFRL), India’s leading fashion company, announced a joint venture with one of the world’s most renowned shoe designers, Christian Louboutin. “This joint venture envisages the transfer of the existing Indian business to a newly incorporated subsidiary of ABFRL, where the partners will hold equal stake,” ABFRL said in a release. […]

India seeks 5-year patent exemption for Covid diagnostics, therapeutics from WTO

India seeks 5-year patent exemption for Covid diagnostics, therapeutics from WTO

India, Pakistan, South Africa and five other countries have jointly proposed a five-year global patent exemption COVID-19 Diagnosis and treatment, according to a report by The Economic Times (ET). An application was submitted to the World Trade Organization (WTO) on Monday on behalf of 65 members. In the presentation, members stressed the ongoing importance of […]

Telangana records 15,297 cyber crime cases in 2022, highest in India: NCRB

Telangana records 15,297 cyber crime cases in 2022, highest in India: NCRB

According to the latest NCRB data, Telangana recorded 15,297 cyber crime cases in 2022, the highest in the country. Cyber ​​crime is increasing rapidly in the state, with 5,024 cases reported in 2020 and 10,303 cases in 2021, according to an analysis of National Crime Records Bureau (NCRB) data. The data showed that among the […]

Over 400 people died while cleaning septic tanks, sewers in India between 2018-23

Over 400 people died while cleaning septic tanks, sewers in India between 2018-23

More than 400 people died while cleaning septic tanks and sewers in the country between 2018 and 2023, Parliament was informed on Tuesday. Union Minister of State for Social Justice and Empowerment Ramdas Athawale shared this information in a written reply to a question asked by Trinamool Congress (TMC) member Aparupa Poddar regarding the […]

P&G faces record up to $2.5 billion in Gillette writedown, operational changes

P&G faces record up to $2.5 billion in Gillette writedown, operational changes

Procter & Gamble said Tuesday it will book charges of up to $2.5 billion over two fiscal years as it writes down the value of its Gillette business and restructures some markets. The company’s shares fell about 2% in early trading. The consumer goods giant said it will take a non-cash impairment charge of $1.3 […]

Dalmia Cement (India) appoints Punit Yadu Dalmia as MD and CEO

Dalmia Cement (India) appoints Punit Yadu Dalmia as MD and CEO

Managing Director and CEO Puneet Dalmia Dalmia Cement (Bharat) Ltd on Tuesday said its board has appointed Punit Yadu Dalmia as managing director and CEO of the company for five years with effect from December 8. According to a regulatory filing, incumbent Mahendra Singhi will shift to the role of managing director and strategic advisor […]

‘India has the highest death rate due to antimicrobial resistance’

‘India has the highest death rate due to antimicrobial resistance’

India has the highest mortality rate due to antimicrobial resistance, with data indicating that a child dies every nine minutes from diseases caused by antibiotic-resistant bacteria, experts at the Global Ayurveda Festival said on Tuesday. Experts believe that traditional medicine systems like Ayurveda can make a significant contribution in improving the condition. The plenary session […]

Public Procurement for Make in India

Public Procurement for Make in India

premium price Illustration: Ajay Mohanty India had a strong team for international negotiations that led to the World Trade Organization (WTO) agreement. One of his major achievements was to keep “government procurement” away from India’s market opening commitments. This was seen as worth fighting for, as it was felt that the government should have the […]