November 3, 2026
Home Posts tagged India Business
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United Spirits Profit Falls 2% Amid Weak Sales of Budget Brands

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United Spirits, the Indian subsidiary of global beverage company Diageo, reported a 2% decline in second-quarter profit on October 28, 2026, as weaker sales of lower-priced alcoholic beverage brands and regulatory changes affected performance. The company posted a profit of ₹462 crore for the quarter ended September 30, compared with ₹472 crore in the same […]Continue Reading
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Maharashtra FDA Names Blinkit and Reliance Executives in Expired Food Probe

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Maharashtra’s Food and Drug Administration (FDA) has named officials from Reliance Retail, Reliance Consumer and Eternal’s Blinkit and Hyperpure units in an investigation into the alleged re-entry of expired food products into the supply chain. According to documents reviewed by Reuters, the probe includes Blinkit CEO Albinder Dhindsa and follows a police complaint filed Continue Reading
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Aayush Wellness Enters Bone Health Market with Calcium and Vitamin Tablets

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Aayush Wellness has expanded its nutraceutical portfolio by launching calcium and vitamin tablets targeting bone and joint health. The company is entering a global market valued at $16.3 billion, according to its announcement, as demand for nutritional supplements continues to grow. The newly launched Aayush Calcium Vitamin Tablets contain calcium citrate, vitamin D2, Continue Reading
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Samsung Reportedly Lays Off Nearly 100 Executives in India

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Samsung India has reportedly asked around 80–100 employees to leave as the company faces growing pressure in its television and home appliance businesses. According to reports, the layoffs are being carried out in batches and have affected employees across various management levels, including director-level executives, team leads, branch managers and area managers. The Continue Reading
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Colgate-Palmolive India Names Kenvue India Head as New CEO

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Colgate-Palmolive India has appointed Kenvue executive Manish Anandani as its new Managing Director and Chief Executive Officer, effective September 28. Anandani, who most recently led Kenvue’s India and South Asia operations, will take charge as the company looks to strengthen growth through premium products and e-commerce. Anandani brings extensive experience in the Continue Reading
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SpiceJet Bankruptcy Petitions to Be Reheard in Fresh Setback for Lessors

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An Indian tribunal ruled on Wednesday that bankruptcy petitions against SpiceJet will be heard afresh by a new bench. The National Company Law Tribunal (NCLT) had already prepared a judgment on eight petitions, but the airline reached a last-minute settlement with one lessor, forcing the petition’s withdrawal. Because the judgment needed to be rewritten and […]Continue Reading
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VW Seeks Local Indian Partner to Drive Scale and Share Investment Risks

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Volkswagen (VW) Group expects to finalize a deal with a local Indian partner this year to accelerate its momentum in the world’s third-largest auto market. According to Klaus Zellmer, CEO of VW’s Skoda brand—which oversees the group’s strategy in India—having a partner with strong local roots will strengthen their position and help fund the next […]Continue Reading

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