The Rs 14,000 crore RP-Sanjiv Goenka group is moving out of the music retailing business for good. It is in the process of shutting down all its music retail stores… Read more »

Cyrus Mistry, chairman of the $100-billion Tata Group, is set to alter the very discourse on affirmative action in the private sector, by getting into a full-bodied manufacturing joint venture… Read more »

Danish company Danfoss will invest close to $100 million in India over the next two years. The $6 billion company makes components that help improve energy-efficiency and are used in… Read more »

Consumer durables maker Panasonic India is looking to capture 30% market share in the Indian beauty care and grooming segment with the launch of a range of beauty products for… Read more »

SPI Cinemas, a motion picture exhibitor in India, announced on Wednesday that it will install Dolby Atmos, the new sound system from Dolby Laboratories, in 37 screens across their theatres… Read more »

In what’s being cheered as the largest M&A deal in India’s automotive history, Apollo Tyres has announced it will acquire US-based Cooper Tire & Rubber Company in an all-cash transaction… Read more »

Mumbai-based pharmaceutical company Elder Pharmaceuticals has been put on the block as it grapples with mounting debts and rising competition in the pharmaceutical industry. The company, founded in 1989 by… Read more »

FMCG major Dabur India on Monday said it has expanded its skin care portfolio with the launch of gel-based facial bleach in the country. The company said the product–‘Oxy Life… Read more »

India has offered $150 million of credit for project exports to set up a SEZ in Myanmar and has expressed hope that the neighbouring country would permit Indian banks to… Read more »