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Enso Oils & Lubricants, a leading subsidiary of Enso Group, will specialize in the importation and distribution of Gazpromneft-Lubricants' high-quality oils, lubricants, and technical fluids that cater to a wide array of industries.Vinay Maloo, Chairman, Enso Group said, “Enso is proud to be the strategic partner of Gazpromneft for their products and am sure that the relationship will bring positive gains to both entities."“Gazpromneft-Lubricants has world-class products in both automotive and industrial segments to fulfill the requirements of the Indian customers," said Radhakrishnan Ramarathnam, CEO, Enso Oils & Lubricants.The partnership will supplement the supply of specialized lubricants to India's largest manufacturers of industrial equipment and machinery, as well as other enterprises. For modern passenger vehicles manufactured in India, Gazpromneft-Lubricants will supply premium lines of engine and transmission oils with improved characteristics for reliable engine operation in hot climates.

Indigo Books & Music Inc. says founder Heather Reisman has returned to the retailer as chief executive officer.

Check out the companies making headlines in premarket trading.

Joshi takes over the baton from Akhil Gupta, Chairman of Bharti Enterprises, who served as Chairman of the industry body since 2011. In a statement, DIPA named Sandeep Girotra, CEO of American Tower India, as the new vice chairman of the association. The changes in the leadership management will come into effect from October 1, 2023. The telecom industry body concluded its annual general body meeting for 2022-23, with the announcements of its leadership for the term 2023-24.

Investing.com — Here is your Pro Recap of the biggest analyst cuts you may have missed since Friday: downgrades for Planet Fitness, DoorDash, NetApp, and VF Corporation.

emerging markets (EMs), including India, experts believe. The public debt of the world's second-largest economy has been mounting, its property market is in deep distress, its exports are slowing and it has to deal with geopolitical issues too. China's economic outlook is bleak.

The luxury conglomerate LVMH, headed by CEO Bernard Arnault, is facing a pivotal moment in its history as the business magnate decides which of his five children will inherit his vast empire.

The world’s first fractional bond exchange using the latest in distributed ledger technology now has Citi Securities Services as its first digital custodian participant.

JettWings Airways, the newest entrant in the Indian Aviation sector from Northeast India, on Monday, signed an exclusive agreement with the Aviation Academy in Belgrade, Serbia for its Cadet Pilot Program ‘JettWings Serbia’ at the Serbian High Commission in New Delhi, said the company through its press release. The company said that the academy which will be co-branded as JettWings Serbia is expected to offer programs such as ATP (A) Integrated course and specialised training in areas such as instrument flying, multi-engine operations, and advanced aviation technologies. The new airline said in its statement that it hopes to create its own ecosystem of pilots to meet the long-term expansion plan of the airlines. The said pact was signed between Sanjay Aditya Singh, CEO and MD of JettWings Airways, Dr. Goran Cvijović, Rajat Ahuja, Director, VR Global Ltd., in the presence of His Excellency, Siniša Pavić, Ambassador of The Republic of Serbia in India. «We are excited to launch our Cadet Pilot Program in association with the Serbian Government, a testament to our unwavering dedication to aviation excellence,» said Sanjay Aditya Singh, CEO and MD of JettWings Airways. “We are thrilled to announce the 'JettWings Serbia — Cadet Pilot Program', an exclusive flight training pact signed between JettWings Airways, VR Global Ltd and Aviation Academy of Serbia.

Ohio river valley where the Wright brothers pioneered human flight will soon be manufacturing cutting-edge electric planes that take off and land vertically, under an agreement announced Monday between the state and Joby Aviation Inc. «When you're talking about air taxis, that's the future,» Republican Gov. Mike DeWine told The Associated Press. «We find this very, very exciting — not only for the direct jobs and indirect jobs it's going to create, but like Intel, it's a signal to people that Ohio is looking to the future.

Canada first announced incentives to jumpstart clean technology projects there is still no money flowing, and if they are not in place soon, more than C$50 billion ($37 billion) in investments could be at risk, industry groups said. Prime Minister Justin Trudeau's Liberal government has pledged a bevy of investment tax credits (ITCs) worth some C$27 billion over five years to spur investment in green technologies, partly in response to the generous incentives that have been on offer in the United States for more than a year.

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renewable energy company. It notes that Greenko and the Adani Group have been in a close partnership since March 2022 to provide energy to Adani's facilities in India. K V Kamath, another member of the committee, was Chairman of ICICI Bank from 1996 to 2009 and was mentioned in a CBI FIR related to the ICICI Bank fraud case.

Jupiter Life Line Hospitals debuted at a premium of 31% on the exchanges on Monday, in line with expectations. Post the listing, the shares rallied further to Rs 1087, up 47% over the IPO price. The IPO was well-received by investors, with the issue being subscribed 64.8 times, leading to healthy listing gains. The company is a well-established multi-speciality healthcare provider in the western region of India, and it is planning to expand its operations in the future. Analysts said investors who participated in the IPO can book profits. «We advise investors to book profits now, while those who want to hold it for long term, may maintain a stop loss at around Rs 875,» said Anubhuti Mishra, Equity Research Analyst at Swastika Investmart. The hospital began as a single hospital in Thane in 2007 and has been operating for over 15 years as a corporate quaternary care healthcare service provider in the western regions of India.

Naspers chairman Koos Bekker on Monday said that the company has no plans to dispose of its large stake in China's Tencent, held by Nasper's Prosus subsidiary. The 26% stake in Tencent, valued at around $100 billion, forms the bulk of the value of both companies. Naspers and Prosus have been gradually selling shares to repurchase their own shares, which trade at a discount to the value of the Tencent stake.

A London executive earning £1 million ($1.9 million) a year is suing his investment firm, claiming it gave him such an unreasonable amount of work he fell into a deep depression and has been unable to work for three years.

Banks want telecommunication companies and social media platforms to share the surging cost of scams but warn too much focus on victim compensation will “create a honeypot for organised crime”.

As floater funds mitigate interest rate risks and adjust the duration based on prevailing interest rates, investors are finding them attractive. In August, when most debt-oriented schemes saw net outflows, floater funds attracted net inflows of `2,325 crore, data from Association of Mutual Funds in India show.

Unified Payment Interface, commonly known by its acronym ‘UPI’, is one of the most popular payment systems in India. The ease of use and secured platform make it a preferable choice for users. There are many UPI apps to help you transact funds hassle-free.

Can we call Apple and Twitter (now x) in a love-hate relationship? Umm, after this interview, we arguably can. Despite some serious allegations that both the companies have placed on each other, Cook’s latest comments on why Apple still uses X reflects a deep of ambivalence.

Countries that don’t emulate the US and provide financial incentives to kick-start renewable energy projects risk missing out on billions of dollars of investment, the global boss of UK-listed engineering group John Wood has warned.