He took charge, most of the diversifications had failed or were faltering, Perhaps his biggest achievement would be that the consumer spend in the new FMCG brands today is over the size of ITC in 1996

Y C Deveshwar died on Saturday leaving behind a ITC very different from the one he inherited.

Inspired by India colours at the upcoming Cricket World Cup, Ford India has launched a special ‘Blu’ edition of its compact-sedan, the Aspire. “Styled to meet the expectations of the fan as well as the enthusiast, the limited edition Aspire Blu is an all-rounder, thanks to the distinct design, purposeful technology, unmatched power and safety on offer,” the company said in a statement.

The Supreme Court on Friday sought a response from the Centre on a plea seeking to regulate the content featured on online media streaming platforms such as Netflix, Amazon Prime and Hotstar.

A bench, headed by Chief Justice Ranjan Gogoi, issued notice to the ministries of I&B and law on a petition calling for framing of guidelines for these over-the-top (OTT) platforms as they show “uncertified, sexually explicit and vulgar” content.

In an effort to attract more fliers in the domestic sector, national carrier Air India (AI) on Friday announced that starting Saturday, it offer a 40 per cent discount on tickets bought within three hours of the departure of a flight.

This is expected to bring some relief for fliers as after the shutting down of operations by Jet Airways, the capacity intake of the Indian aviation sector went down,

Depicting a sturdy financial profile, the country’s largest bank — the State Bank of India — posted a net profit of Rs 838 crore in the fourth quarter of 2019 (Q4FY19) on higher interest income and sharp drop in provisions for bad loans.

SBI had posted a loss of Rs 7,718 crore in the fourth quarter of FY18.

United States President Donald Trump has ordered his top officials to begin the process to raise tariffs on almost all the imports from China, US Trade Representative Robert Lighthizer said Friday.

This amounts to about $ 300 billion. This is in addition to the Chinese imports worth $200 billion on which Trump increased the import duty from 10 per cent to 25 per cent, beginning Friday.

Engineering and construction major Larsen & Toubro (L&T) reported on Friday its net profit rose 8 per cent to Rs 3,418 crore in the March quarter (Q4) of FY2018-19 year-on-year, according to a filing with the Bombay Stock Exchange (BSE).

The Board of Directors has recommended for the approval of shareholders, a dividend of Rs 18 per equity share.

Broadcast regulator TRAI Friday said it is examining possible solutions for achieving TV Set-Top-Box (STB) interoperability, and expects to make headway with industry involvement by the end of this year. The move assumes significance since consumers get tied down to their service providers, as STBs are bound to the operator. When a consumer wants to change the service provider, they are forced to invest in a new STB, adding to the cost burden. Besides, STBs of old service providers remain unused, and ends up as electronic waste. Telecom Regulatory Authority of India (TRAI),

State Bank of India (SBI) on Friday reported standalone net profit at Rs 838.4 crore for the March quarter of the financial year 2018-19 (FY19). The state-owned lender had posted a loss of Rs 7,711.17 crore in the year-ago period. Net interest income (NII) during the quarter came in at Rs 22,954 crore, up 15 per cent on year-on-year (YoY) basis.

Bajaj Auto Friday said it has launched a new version of its Avenger Street 160 model equipped with anti-lock braking system (ABS) priced at Rs 82,253 (ex-Showroom Delhi).

The new Avenger Street 160 has a single channel ABS along with a roadster design headlamp with LED DRLs, new graphics with larger insignia, black alloy wheels and rubberised rear grab, Bajaj Auto said in a statement.

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