Business

‘Steel Man of India’ Jamshed J Irani Passes Away at 86


Jamshed J Irani, former managing director of Tata Steel, died on Monday at the age of 86. He passed away in Jamshedpur’s Tata Main Hospital. Irani received the moniker ‘Steel Man of India’ owing to his tremendous contributions to the Indian steel industry during his 43-year affiliation with Tata Steel. He retired from the...

Musk is now Twitter boss, fires Indian-origin CEO Agrawal


San Francisco: Tesla CEO Elon Musk has finally taken over as Twitter boss and his first job was to reportedly fire Indian-origin CEO Parag Agrawal, Chief Financial Officer Ned Segal, the company's policy chief Vijaya Gadde and others. According to a CNBC report citing sources on Friday, Agrawal and Segal have left the company's San...

Unilever recalls Dove, other aerosol dry shampoo brands


New Delhi: Global FMCG giant Unilever has recalled some popular brands, including Dove, of its aerosol dry shampoo, after it was discovered that they had benzene related contamination, according to media reports. Benzene can cause cancer. As per reports, some other brands which have been recalled include Nexxus, Suave, Tresemme and Tigi, which makes Rockaholic and...

Finance Minister says India’s growth resilient


New Delhi: Finance Minister Nirmala Sitharaman has said that despite exogenous threats, India's well-targeted policy mix, accompanied by major structural reforms and sound external balance sheet, have aided its growth to remain resilient. She made these observations while attending the 7th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB),...

Over Rs 1.25 lakh crore sale for retail traders this festive season


New Delhi: From the day of first Navratri September 26 and till October 23, business of more than 1.25 lakh crore has already taken place in the country, Confederation of All India Traders (CAIT) said. On the call of CAIT this year, the traders celebrated the festival as "Apni Diwali - Bhartiya Diwali" with all...

Unilever recalls Dove, other aerosol dry shampoo brands


New Delhi: Global FMCG giant Unilever has recalled some popular brands, including Dove, of its aerosol dry shampoo, after it was discovered that they had benzene related contamination, according to media reports. Benzene can cause cancer. As per reports, some other brands which have been recalled include Nexxus, Suave, Tresemme and Tigi, which makes Rockaholic and...

Finance Minister says India’s growth resilient


New Delhi: Finance Minister Nirmala Sitharaman has said that despite exogenous threats, India's well-targeted policy mix, accompanied by major structural reforms and sound external balance sheet, have aided its growth to remain resilient. She made these observations while attending the 7th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB),...

Over Rs 1.25 lakh crore sale for retail traders this festive season


New Delhi: From the day of first Navratri September 26 and till October 23, business of more than 1.25 lakh crore has already taken place in the country, Confederation of All India Traders (CAIT) said. On the call of CAIT this year, the traders celebrated the festival as "Apni Diwali - Bhartiya Diwali" with all...

Risk to India’s Sovereign Rating from external pressures ‘limited’


New Delhi: The risk to India's sovereign rating from external pressures is limited, said Fitch Ratings. In its latest report, Fitch Ratings said India's external buffers appear sufficient to cushion risks associated with the rapid monetary policy tightening in the US and high global commodity prices. "External finances are becoming less of a strength in India's...