The Supreme Court on Tuesday asked the Centre to clarify its stand on whether it wants to go ahead with its curative petition seeking Rs 7,844 crore as additional funds from successor firms of the US-based Union Carbide Corporation (UCC) for giving compensation to victims of the 1984 Bhopal gas tragedy.
The Supreme Court on Tuesday said it will commence day-to-day hearing from August 2 on a batch of petitions challenging abrogation of Article 370 of the Constitution that bestowed special status on the erstwhile state of Jammu and Kashmir.
While both Dabur and HUL have been aggressive in the 'naturals' market with new launches across its portfolio, unchecked distribution expansion and inconsistent quality of products have also been at the heart of Patanjali's problems.
Sebi found that on average, the remuneration paid to CEOs in certain Indian companies are far higher than the remuneration received by their foreign counterparts.
From helping their employees infected with the Covid-19 virus to vaccinating them or supporting the families of those who might have succumbed to the infection, several companies in India are trying to do their bit in this difficult time. Some have even widened their support net to include all stakeholders as well as an extended community. To the families of the employees it lost to Covid-19, Noida-headquartered IT services and consulting company HCL Technologies is, for instance, paying salary for a year, medical insurance for three years and extending support for their children's education for five years.
Mandates have been handed out to staffing solutions companies such as Randstad India and TeamLease, officials at these firms have said, as players increasingly push into rural areas to capitalise on the uptick in the hinterlands.
A bench comprising Chief Justice Uday Umesh Lalit and justices S Ravindra Bhat and Sudhanshu Dhulia, which was to take up the plea for hearing at 3.45 pm, adjourned the matter to September 1 due to paucity of time.
Ramdev's company remains a dominant player in the naturals space, but products of rivals are also gaining popularity.
'Avoid going overweight on gold. But maintain a 10 per cent allocation via sovereign gold bonds,' Bajaj Capital MD Sanjiv Bajaj tells Sarbajeet K Sen.
HUL, the country's largest FMCG company, saw sales volume fall by 4% for the December quarter.
The biggest challenge is crude oil's sustained rally - it is nearing $80 a barrel - stoking inflationary pressures and consequent price hikes in the sector.
Although large companies like Nestle, Dabur or HUL have been impacted by this slowdown in demand, it was the small, local players that have been hit harder.
It includes a session with Gadkari on analysing the initiatives needed to bridge the $1 trillion infrastructure deficit in the country.
While green shoots are beginning to emerge, with June sales rebounding to pre-Covid levels thanks to a rural revival, most FMCG chief executives have voiced concerns about localised lockdowns that began in July and have extended into August in some states.
They entered the Bihar poll battle to protect and carry forward their fathers' political legacy, but many of them could not win their own seat though some tasted victory.
FMCG major Hindustan Unilever on Friday reported 23.43 per cent decline in net profit at Rs 1,019.25 crore (Rs 10.19 billion) for the first quarter ended June 30, 2013.
While Unilever has been aggressive, both organically and inorganically in the country, P&G's approach has been about achieving 'balanced growth' in terms of top line and bottom line.
The Supreme Court on Friday granted interim bail to social activist Teesta Setalvad, arrested on June 25 for allegedly fabricating evidence to frame 'innocent people' in the 2002 Gujarat riots cases.
In the coming months, Lever Ayush will venture into categories beyond soaps, shampoos, toothpastes, lotions and moisturisers, its current segments of operation, as it seeks to give the brand a horizontal push.
Age and experience not less relevant but firms are gradually moving towards younger leadership teams
"The finality of death sentence is extremely important and a condemned prisoner should not be under the impression, that the death sentence remains open ended and can be questioned by them all the time," the SC said.
The iconic British brand acquired by Unilever in 2009 from American major Sara Lee, is attempting to get a new image with actors Sidharth Malhotra and Varun Dhawan.
Indian Police Service officer Sanjiv Bhatt on Tuesday requested the Nanavati Commission to defer his deposition till he gets legal support, alleging that he was being subjected to a "slander campaign" by the Gujarat government.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
The Supreme Court on Thursday wondered why the Gujarat high court has listed the bail plea of activist Teesta Setalvad for hearing on September 19, six weeks after it sent a notice to the state government seeking a response to her application, and asked the state to inform it by 2 pm on Friday about whether such a precedent existed there.
Walmart CEO Douglas McMillon came first in the CEOWORLD magazine's global ranking of the best chief executives across all industries for 2019.
The apex court said it is not considering the Shiv Sena-NCP-Congress' combine's plea that they be invited to form government in Maharashtra.
An interview with HUL's managing director and CEO Sanjiv Mehta.
A bench headed by Chief Justice Ranjan Gogoi allowed his plea as Solicitor General Tushar Mehta, appearing for CBI and the Enforcement Directorate, did not oppose.
The Rs 2,000-crore Patanjali, looking to grow its turnover two-and-a-half times in FY16.
The CJI said that after being a judge for around two decades, he had a bank balance of Rs 6.80 lakh.
Saxena, a director of Dubai-based firms UHY Saxena and Matrix Holdings, is one of the accused named in the chargesheet filed by the ED in the Rs 3,600-crore AgustaWestland scam.
The apex court made it clear that the fate of the project, which includes several new government buildings and a new Parliament House, will depend on its decision.
The Gujarat government on Monday granted yet another extension to the Justice Nanavati commission which is probing the 2002 post-Godhra riots.
Almost half of that market is in India's villages.
FinMin finally sacked executive directors K V Brahmaji Rao and Sanjiv Sharan on January 18. The bank's board, however, had felt they had no criminal intent and it was a case of 'casual oversight'
The hits and flops of the week.
Bano had earlier refused to accept the offer of Rs 5 lakh and had sought exemplary compensation from the state government in a plea before the top court.
The bench told the Centre that if visas of these foreign nationals are cancelled then the government should explain why they are still here in India but if their visas are not cancelled then it's a different situation.
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