Colgate plans to step up ad spend as premium toothpaste business grows 6X market
Colgate-Palmolive India plans to step up advertising from already elevated levels as it seeks to accelerate premium toothpaste growth, with management saying the business is expanding at about six times…
NIVEA targets Gen Z with science-backed glow range
NIVEA India has launched its Luminous Even Glow skincare range, fronted by actors Parul Gulati, Reem Shaikh, and influencer Niki Mehra. The campaign, announced on August 17, positions the brand…
Amit Metaliks targets faster completion of ₹4,000-crore Bengal steel project; eyes jobs for local youth
Amit Metaliks Ltd is targeting completion of its ₹4,000-crore greenfield integrated steel plant in West Bengal within 1,000 days, while exploring ways to fast-track the project to 800 days, as…
NIS Management net up 35% in Q1 on better margin
NIS Management, a leading integrated services platform specialising in security, facility management, electronic security, and skill development, has reported that its net profit in the June quarter was up 35…
Inox Clean Energy completes ₹6,000-crore acquisition of GIP’s Vena Energy India
Inox Clean Energy on Tuesday said it has completed the acquisition of BlackRock-owned GIP's Vena Energy India Holdings Pte Ltd, Vena Group's India renewable energy platform, for a total transaction…
Elgi’s new 3-lakh-sq-ft automated global fulfilment centre to go live in September
Coimbatore-based global air compressor maker Elgi Equipments is all set to go live with a new large global fulfilment centre by the middle of September this year. The centre will…
Colgate hands Palmolive’s online business to Bombay Shaving Company to crack D2C playbook
Colgate-Palmolive India is handing the consumer-facing operations of Palmolive’s e-commerce and D2C business to Bombay Shaving Company, as it seeks to revive a personal-care business that management acknowledges has been…
Godavari Biorefineries secures European patent for anti-cancer pharmaceutical composition
Godavari Biorefineries Limited has secured a product and process patent from the European Patent Office on a pharmaceutical composition that combines novel anti-cancer compounds with a solubilising agent, the company…
Rising energy cost poses a risk to economic growth, says Birla
UltraTech Cement expects the sharp rise in energy cost to be a major challenge for the India’s economic growth in this financial year even as the cement demand expected to…
Grid planning should focus on rolling transmission plans linked to RE additions: IWTMA
As India gears up to add 100 gigawatts (GW) of wind power by 2030, the Indian Wind Turbine Manufacturers Association (IWTMA) has suggested that the power evacuation infrastructure must keep…
