P&G PAKISTAN
Procter & Gamble will shut down business in Pakistan, following Shell and Pfizer exits
Procter & Gamble is discontinuing its business operations in Pakistan, including manufacturing and Gillette Pakistan, opting for a third-party distribution model. This decision follows a global restructuring and makes P&G the latest multinational to exit the country, citing economic challenges like profit-repatriation curbs and weak demand, mirroring exits by Shell and Pfizer.
Asia Cup showdown: Cheers, beers, and boycott fears!
Despite boycott calls following recent tensions, the India-Pakistan Asia Cup match is expected to drive significant viewership and sales. Advertisers anticipate high TV engagement, with pubs and restaurants preparing for a substantial boost in business. Some brands are adopting a cautious approach, while others are capitalising on the heightened excitement surrounding the game.
India PP&E: Philosophy, Politics and Economics
Gaurav Dalmia addressed Stanford MBA students in New Delhi. He highlighted India's unique wealth creation opportunities. He emphasized the blend of old and new economies. Dalmia draws lessons from Indian philosophy. He discussed the relevance of religion and the rise of Indian entrepreneurs. He also touches upon India's macroeconomics and consumer behavior.
India-China bonhomie owes much to Trump’s push
India and China are cautiously recalibrating trade ties, with Beijing lifting export restrictions on key materials. This follows recent diplomatic talks and signals a pragmatic approach to cooperation amidst global uncertainty. While both nations are easing visa restrictions and discussing direct flights, significant challenges remain.
India, China companies explore technical tie-ups as govt plans to ramp up electronics parts making capacity
Voltas’ recent attempt to revive its joint venture talks with China’s Highly Group for a compressor plant in India fell through, with the Chinese company instead offering a technical alliance. Highly cited prolonged Indian government approvals and ongoing geopolitical tensions as risks to an equity partnership. This marks a shift from two years ago, when Highly had rejected a similar tech-only tie-up with Voltas.
YouTuber Jyoti Malhotra, PG student among 12 held so far in Pakistan-linked spy case; Police reveal some leaked secrets for quick cash
In a crackdown across North India, authorities have arrested at least 12 individuals from Punjab, Haryana, and Uttar Pradesh for alleged espionage linked to Pakistan. The suspects, including a YouTuber, are accused of sharing sensitive information with Pakistani Intelligence Operatives. Investigations revealed contact with a Pakistani official at the Pakistan High Commission in Delhi, who has since been expelled.
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Beijing’s Pakistan stand deepens India-China divide, clouding Haier and PLI-linked JV deals
Indian firms anticipate stricter regulations for partnerships with Chinese companies due to China's support for Pakistan. This situation casts doubt on pending deals, including Haier's stake sale in its Indian operations. Government officials suggest Chinese entities will only be allowed small stakes in JVs under the PLI scheme for critical components, potentially impacting investment plans.
Champions Trophy: Hype or hyper? India-Pakistan clash puts ads on the boil
Advertisers are fiercely competing for limited ad slots during the highly anticipated India-Pakistan match at the Champions Trophy in Dubai, driving up 10-second ad rates to ₹50 lakh. Major brands like Coca-Cola and Mother Dairy are launching new campaigns, with expectations that the game will attract massive viewership and boost tournament hype.
Stuck in the middle forever? Action to recognise, avoid, overcome perils of middle income trap has to be made policy focus
India, a lower-middle-income country, faces the risk of falling into the middle-income trap (MIT) despite its economic progress since 1991. The World Bank's latest report highlights the need for urgent policy action to address inequality and structural deficiencies to ensure inclusive growth and avoid stagnation.
Nosthush Kenjige: From dwelling in Bengaluru PG to star performer against Pakistan
In 2013, Nosthush Kenjige, disillusioned after failing to break into Karnataka's cricket scene despite rigorous training, returned to the US with a biotechnology degree. His passion for cricket reignited in New York, leading to his rise in the USA national team and impressive performances in Major League Cricket. Key to his journey was catching Dwayne Bravo's eye at the US Open T20. Kenjige now stars for the USA, notably taking crucial wickets in their stunning T20 World Cup victory over Pakistan.
Neelam arrested for protesting outside Parliament participated in farmers' agitation: Family members
Some locals from Neelam's village said that she had also gone to the site of wrestlers' agitation at Jantar Mantar in Delhi. Two persons, including Neelam, protested outside the Parliament building and sprayed coloured gas from canisters while shouting slogans 'tanashahi nahi chalegi' (dictatorship will not be allowed). They were arrested by the Delhi Police. Neelam, who is around 36-years-old, was currently staying in a PG accommodation in Hisar for the last five months where she was preparing for competitive examinations, her brother Ram Niwas said.
Indians, OCI need NOC before admission to engineering, technical colleges in Pakistan: AICTE
The council has also cautioned students to ensure validity of the degree before applying to foreign universities.
US signals no plans to boycott 2022 Beijing Winter Olympics after genocide designation
Rights advocacy groups and politicians have made demands for the International Olympic Committee (IOC) to take the event out of China, casting a pall on Beijing's efforts to highlight the Games as Thursday marks one year from opening day.
After Market: Jet flight turns bumpy, 32 stocks showing promise
As many as 26 stocks of the Nifty index closed the day in the red, with TCS falling the most by 3.62 per cent.
PAF Mirage fighter jet crashes, pilot killed
Police said the aircraft crashed near Musharraf colony which is close to the Masroor airbase in Karachi.
The CEO, who paid £2.9 mn for Virat Kohli painting, says cricket is like running a business
Poonam Gupta on purchasing the painting, her art collection, and the similarities between cricket & business.
VVS Laxman hails government's decision to not play with Pakistan
Laxman said Pakistan are a very good team but if India play to their potential they would win the ICC Champions Trophy contest in Birmingham.
Kashmir is 'jugular vein' of Pakistan: President Mamnoon Hussain
He said Kashmir is the "jugular vein of Pakistan" but his country would continue efforts for the peaceful resolution of the long-standing dispute.
Kanhaiya didn't say anything anti-national: Azam Khan
Coming out in support of JNUSU President, senior Samajawadi Party leader Azam Khan said he did not utter anything which may be termed "anti-national".
P&G India’s new MD & CEO Al Rajwani takes charge today
Al Rajwani, the new managing director and CEO of consumer goods heavyweight P&G India, takes charge on Wednesday to implement the group’s new global strategy.
P&G India's MD Shantanu Khosla steps down; to be succeeded by Al Rajwani
“Khosla will most likely start a new company in the area of marketing and consulting,” said an industry official who requested not to be named.
Former P&G Executive Manoj Kumar may succeed GSK Consumer MD Ahmed
Under the new structure, Ahmed will be overseeing operations in more than 100 countries. It could not be confirmed if Ahmed would continue to operate out of GSK Consumer’s Gurgaon headquarters.
Congress takes pot-shots at Narendra Modi's choice of ministers
Maken said the ministry can in no way be compared to the UPA-I cabinet which had members like Pranab Mukherjee, P Chidambaram, Natwar Singh, Arjun Singh.
HUL executives get 70-100% bonuses of annual pay as co outperforms in tough economy
Hindustan Unilever managers this year have taken home bonus payouts about three times the normal, as the company met its internal targets.
Gulf remittances up 30% as rupee slips
The Gulf nations, which include Saudi Arabia, Oman, UAE, Bahrain, and Qatar, contribute 30% of India’s total remittances.
47% of young Indian women marry before 18
That India marries off its daughters in such a hurry that they have little time to grow out of their teens is a fact that no longer raises eyebrows.
World Cup 2011: Brands stumped by India-Pak ad rates
Media agencies say that there are no takers for last-minute slots as brands are unwilling to cough up Rs 18 lakh for 10 seconds.
MNCs relieve expats from India posts
In an attempt to cut costs, leading MNCs have either begun calling back or cutting down on expensive expat assignments. Motivate staff | Why quit when you can fix?
Not connecting to Indian consumers
Local websites of multinationals are way behind western counterparts in terms of content and look.
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