The move will result in Britannia and Wadia BSN, being dismantled.
As it turns out, in recent years, companies operating in India have been increasing royalty and technical payments to their parent or associate companies at a fast pace.
French firm in talks with Wadias over future relationship.
Dispute over competing investments may carry on.
Britannia, which holds over 38 per cent of the market in value terms, is investing Rs 130 crore (Rs 1.3 billion) to increase its capacity, 433,000 tonnes of biscuit last year, by 20,000 tonnes.The move is designed to wrest market leadership in volume terms as well, a position now held by rival Parle.
Continuing its dominance in the Indian domestic market, Airbus on Wednesday announced that the Bombay Dyeing promoted GoAirline has signed a deal for taking four Airbus A320
'People wondered aloud why she had given up on the aging, getting-day-by-day-more-infirm avatar. And was freshly blooming.'
While about 8,000 people are in the long list of invitees, the select list features 506 A-listers, including prominent politicians, leading industrialists, top film stars, sportspersons, diplomats, judges and high priests.
A naturally reclusive nature and a conviction for the work to do the talking meant there was very little known about Mistry even during his time at the helm of Tata Sons. He did not do a single media interview from Bombay House.
Amid a row over snooping on close relatives of Netaji Subhas Chandra Bose, his nephew, Ardhendu Bose, on Monday alleged that the Nehru-Gandhi family has tried to erase the nationalist leader's legacy.
The development comes at a time when Eveready is on the lookout for strategic investors, including a possible stake sale in its battery business.
Born in Himachal Pradesh, Chaudhary was the country's second woman IPS officer after Kiran Bedi.
According to Sebi's listing obligations and disclosure requirements, a company has to report any fraud, default by promoter or arrest of key managerial persons or promoters as it is a material event.
Over the past decade, a change in consumer choice swept through the battery industry - the walkman lost its mojo, smartphones took over cameras and batteries were tucked away in remotes and wall clocks that hardly needed frequent call-ups. The result: Brand Eveready lost mind space. And the company's attempt to stick to the on-ground marketing activities didn't quite help. But Eveready, now at the cusp of change, is putting things right - a new Give Me Red television commercial has been launched after a gap of 7 years featuring an empowered bride ski-diving to her wedding venue. The creative, according to Eveready sources, is in sync with the brand doctrine.
The gorgeous Karan Kapoor will be back in India soon. Very soon!
The Mumbai police have provided security at the office of industrialist Nusli Wadia following threat calls from fugitive underworld don Ravi Pujari, police said on Thursday.
In a video posted after the alleged attack, Goswami said he was told by his security guards that the attackers were allegedly Youth Congress workers. However, there was no confirmation of the same by either police or the youth outfit.
A bench headed by Justice D Y Chandrachud on Friday gave reasons for granting relief to the TV anchor and two others in the case.
The change in ownership is expected to give a fresh lease of life to the company that has often been dragged by financial stress in its close to three-decade journey under the Khaitans, reports Ishita Ayan Dutt.
I suggest we build a Vigyan Mandir (Temple of Science) with the ambience of a place of worship, so that it becomes a destination for pilgrims. We should embed on its walls bronze plaques describing each scientist mentioned here along with about a dozen of our ancient mathematicians, recommends Professor Kalyan Singhal, historian of science and technology.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'It was unfair to expect him to continue to keep on supplying vaccines without being given a firm commitment or a financial grant of any sort.'
Textile and telecom shares have gained ahead of the Cabinet meet later today which is likely to announce new measures for both the sectors.
These hotties have been the toast of the fashion world this year.
There seems to be a barrage of age-old blunders that people tend to commit in the name of skincare, says dermatologist Dr Batul Patel, director, The Bombay Skin Clinic.
New entrants could include Flipkart, Paytm, Cafe Coffee Day and ICICI Prudential Life Insurance, it says
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The broader markets underperformed benchmark indices as the BSE Mid-cap and Small-cap tumbled over 2%.
Mumbai police chargesheets billionaire-builder Chandru Raheja for cheating, breach of trust; Rahejas call it pressure tactic, say Wadia plea was thrown out by Supreme Court
Ten months after new Sebi norms set in, some senior directors still hold more board seats than allowed.
Zomato's Users Choice Awards features the best restaurants in Mumbai.
Chemicals maker Colour Chem is making an open offer for a further 20 per cent stake in Vanavil Dyes & Chem at Rs 45.90 per share, the Bombay Stock Exchange said on Tuesday.
How should one billion Indians, for whom deprivation has become an inescapable way of life, join us in celebrating 75 years of Independence? And where do we go from here? asks Kalyan Singhal.
'Not only will Peter, Indrani, Sanjeev be making twice monthly trips to the sessions court for many years, so will their family, their lawyers and the journalists covering the case, becoming almost like bittersweet friends, as large portions of their lives play out there.'
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