Reliance Retail forays into ultra-premium grocery segment with 'Freshpik'

It has been dsesigned keeping in mind the refined tastes and delicate aesthetic sensibilities of food connoisseurs, the outlet says Reliance Retail on Thursday, October 14, 2021, forayed into ultra-premium grocery segment in India with the launch of brand ‘Freshpik’, offering an exquisite range of food products sourced from select local and international destinations. Also read: Reliance Retail to roll […]

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U.S. asks Tesla why it didn't recall Autopilot driving system

According to the agency, Tesla did an over-the-internet software update in late September that was intended to improve detection of emergency vehicle lights in low-light conditions. U.S. highway safety investigators want to know why Tesla didn’t file recall paperwork when it updated its Autopilot software to better identify parked emergency vehicles. In a letter to Tesla, the National Highway Traffic […]

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Government issues LoI to Tatas for sale of Air India

Tatas now have to accept the LoI, post which the Share Purchase Agreement will be signed The government on Monday issued a letter of intent (LoI) confirming the sale of its 100% stake in loss-making Air India to Tata Group for ₹18,000 crore, a senior official said. Last week, the government had accepted an offer by Talace Pvt Ltd, a […]

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Zee board rejects Invesco's request for convening Extraordinary General Meeting

On September 22, Zee Entertainment and Sony Pictures Networks India had announced their mergers, which will create the country’s largest media company Zee Entertainment Enterprises Ltd on Friday said its board has rejected the request of shareholders, Invesco and OFI Global China Fund, to convene an Extraordinary General Meeting (EGM) to discuss various issues, including removal of Managing Director Punit […]

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The quiet doctor scaling up Indian manufacturing

Dr. Pawan Goenka is driving an unusual public-private partnership, informing and helping finetune policy changes Before the pandemic started, the major players in India’s room air conditioner market had no plans to invest in larger manufacturing operations, relying instead on convenient imports of over 80% of finished ACs. Over the past week, despite COVID-19 denting AC sales, global brands like […]

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Ford India announces leadership rejig, MD to step down by month-end

Balasundaram Radhakrishnan, who is currently Director, Manufacturing, Ford India Pvt Ltd (FIPL) has been appointed to the role of transformation officer of the company. Weeks after declaring stoppage of vehicle production in India, American auto major Ford on Friday announced a leadership change in its operations in the country with Anurag Mehrotra, currently President and Managing Director of Ford India, […]

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