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Beverages major Coca-Cola on Friday said Greishma Singh has been appointed as the new market head for India Southwest Asia (INSWA) Operating Unit. Singh will succeed Arnab Roy, who was recently named the Global Category President, Coca-Cola Trademark. Her appointment will be effective September 1, 2024, according to a company statement. Before this, Singh was Vice-President of Customer and Commercial Leadership (C&CL) for the INSWA Operating Unit. She has been with The Coca-Cola Company for over 15 years and held roles of across marketing, strategy and C&CL in Australia and India markets, it added.

In August, the overall score on GfK's Consumer Confidence index remained unchanged from July at -13. The survey done by GfK was conducted among a sample of 2,003 individuals aged above 16 in the UK. Overall, respondents expressed greater confidence in their personal finances for the next 12 months however, with the index going up from +3 in July to +6 on this measure in August. Joe Staton, client strategy director at GfK, noted this was «due to a mortgage friendly interest rate cut at the beginning of august, and hopes of more to come.» UK consumer confidence strengthens in July...

Prosecutors at a federal labor agency have determined that Amazon is a joint employer of subcontracted drivers who delivered packages for the company in California

«The management strategy of expanding across various formats, expanding its food delivery, TajSATS. So, I think strategically they are doing very well and now the big focus only on managed hotels is working well for them. Stock is not cheap at these valuations at all. Like, we obviously hold for from very low levels and we continue to hold,» says Sandip Sabharwal, asksandipsabharwal.com. Two stocks you track closely, both InterGlobe as well as Indian Hotels giving fresh solid moves today. Do you think the prospects continue to look brighter and what if one were to look to add positions at these levels? Would you recommend that at all? Sandip Sabharwal: InterGlobe is in a very unique position where the competitive intensity instead of increasing on improved profitability in the sector actually reduced.

₹30,000 crore." The value of the family’s holdings in group listed companies is more than ₹10 trillion (about $126 billion), the person said. The immediate plan is to sell stake worth ₹3,000-4000 crore in Ambuja Cements Ltd, in which the promoters hold 70.3%. Rajiv Jain-led US-based boutique investment firm GQG Partners LLC and at least four other entities, including three large bank-promoted firms, are likely to buy the stake soon in a private placement, the person added.

₹778 crore, solely for electric two- and three-wheelers, with an initial run-time of four months, which was later extended till September. For OEMs, this impending tightening could trigger a significant shift in their operational strategies. The PMP is crucial because only manufacturers that comply with its criteria are eligible for government incentives under schemes like FAME and the EMPS.

Audi. Balbir Singh Dhillon, head, Audi India, said while the company is considering introducing more electric car models in the domestic market, and exploring the possibility of assembling them locally, policy continuity is required to make investments viable. He emphasised that subsidies are needed to drive growth in the EV segment, «till the time we reach a decent penetration level». «There is no science behind this; it's just a gut feeling that, maybe by the time we reach 50% EV penetration in the luxury space, we need that support (lower GST) and thereafter, it is driven by itself,» he said.

RBC Wealth Management has bolstered its operations in Ohio as it welcomes a multi-generational planning team from Morgan Stanley.

Chetan Singh Solanki has stressed the urgent need for energy conservation and a global shift to renewable energy to tackle climate change. Highlighting the lack of climate awareness among the youth, Solanki advocated for the «Avoid, Minimize, Generate» strategy as key to mitigating the crisis. The IIT professor was speaking at a lecture session hosted by Pandit Ravishankar Shukla University on 'Environment-Friendly Energy Product Startups.' The lecture provided a comprehensive '6-Point Understanding' of climate change, focusing on the challenges and necessary corrective actions. Speaking to TOI on the sidelines of the session, Prof. Solanki said many young people are increasingly unaware of climate change, with some not even discussing the issue. He attributed this to the lack of emphasis or discussion from influential figures in their lives, such as parents, teachers, professors, influencers, and spiritual leaders. Even when climate change is addressed, it is often only at a superficial level, leaving young people with a shallow understanding of the issue.

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

Michael Graw is an experienced freelance finance and tech writer, specializing in cryptocurrencies, decentralized finance, and Web 3.0 since 2018. His work has been featured on various financial news...

consumer goods (FMCG) company Dabur India Limited signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu to set up a consumer goods manufacturing facility in the state, it said in a statement on Thursday. The phase-1 investment is approved at Rs 135 crore, which will increase to Rs 400 crore over a five-year period, the maker of Vatika shampoo and Real juice said. Dabur chief executive Mohit Malhotra said in a statement: “This investment will allow us to better serve the growing demand for our products in South India and strengthen our market presence in the region.” He said the development would enable economic development in the state by creating jobs and working closely with local vendors and supplier partners. This will be the company's first unit in South India, it said. This location will help meet business and logistical requirements efficiently and offer significant advantage and growth opportunities, Malhotra added. It is expected to create around 250 direct job opportunities and thousands of indirect employment opportunities.

₹24,000 a night rooms. Our focus is the remaining 90%," he said. "Dropping rates is not a good strategy for hotels, in general.

PayU has partnered with Amazon Pay Later to provide instant digital credit access to Indian shoppers. As part of this partnership, Amazon Pay Later will be integrated into PayU’s checkout infrastructure, allowing online merchants to offer an instant credit line to their customers, thereby boosting business revenues. “We believe this innovative solution is poised to significantly impact the way instant credit is accessed and utilised by consumers in India, while also helping merchants achieve better business outcomes,” said Nikhil Mehta, senior vice president of payments strategy and partnerships at PayU.

The closure of the fund, which has assets of around £10m, became effective on 15 August. A spokesperson for the firm told Investment Week the vehicle was closed after it became too small to manage cost-effectively. At its peak in December 2021, the strategy managed £82.7m in assets, according to data from Morningstar Direct.  Fidelity brings sustainable water & waste fund to the UK The UK-domiciled version of the fund was launched in December 2019 following the success of the Luxembourg SICAV, which remains open and currently manages $1.2bn in assets.  The SICAV, currently manag...

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Audi India Head Balbir Singh Dhillon. He noted that hybrid cars are not currently part of the company's strategy for the country and the focus firmly remains on petrol and electric models. Dhillon said subsidies are needed for the growth of the EV segment, «till the time we reach a decent penetration level». «There is no science behind this, it's just a gut feeling that maybe by the time we reach 50 per cent penetration in the luxury (electric) space, we need that support (lower GST) and thereafter it is driven by itself,» he added.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

: From early beginners to aggressive investors, it is impossible to ignore mutual funds while planning a long-term investment strategy. Similarly, it is unthinkable to manage mutual fund investments without Livemint’s coverage of MF news, returns, NAVs, fund managers, SIP, NFOs, equity MFs, and other mutual fund schemes.

Western Asset Management co-chief investment officer Ken Leech faces a potential enforcement action from the Securities and Exchange Commission as part of a probe into whether some clients were favored over others in allocating gains and losses from derivatives trades.

Cardea, a wealth manager established in 2018, is looking forward to a fresh start – and it’s getting a multimillion-dollar kickstart from a prestigious source.