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Unilever eyes GSK’s consumer goods arm in possible 50 bln-pound deal

Unilever’s bid did not include any takeover premium or recognition of synergies, the newspaper said, adding that it was not clear whether the group would make a higher offer. Consumer goods giant Unilever said it had approached Glaxosmithkline about buying the pharmaceutical group’s consumer goods arm, after a newspaper reported that a 50 billion-pound ($68.4 …

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New kiln investment adds efficiency to supply chain, says Tata Steel

The company’s Cumbrian facility uses UK-quarried limestone to manufacture lime, which goes towards improving the quality of steel as well as removing impurities during steelmaking. A new GBP 4 million investment at a major facility in north-west England will allow for more efficient and sustainable supply of critical steelmaking material to the Port Talbot steelworks …

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Volvo XC60: Future of driving, but comes at a price

The new Volvo XC60 gets many semi-autonomous driving technologies like lane-keeping aid and automatic braking, but it costs north of Rs 60 lakh. Scenario 1: If your car accidentally drifts out of its lane, the steering wheel sends a signal to alert you. If you don’t react, a technology called Lane Keeping Aid gently steers …

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‘We have been streamlining process to start biz & an MSME can be started in a single day’ says P RAJEEVE, Industries and Law minister, Kerala | INTERVIEW |

Kerala ranks 29, even behind Lakshadweep, in the ‘Ease of doing business index’ released in December 2021 Kerala industries and law minister P Rajeeve has a very daunting task in hand.The state ranks 29, even behind Lakshadweep, in the ‘Ease of doing business index’ released in December 2021. Rajeeve tells Rajesh Ravi on the makeover …

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Braithwaite conferred Miniratna-1 status, govt plans to merge it with RITES

Braithwaite chairman and managing director Yatish Kumar said the company would go by what the government decides Railway PSU Braithwaite & Co has been declared a Miniratna-1 category company as the government also plans its merger with Rail India Technical and Economic Services (RITES). Braithwaite chairman and managing director Yatish Kumar said the company would …

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Goyal asks VCs to focus on start-ups beyond metros

The government has already undertaken 49 regulatory reforms for start-ups to enhance the ease of doing business, ensure ease of raising capital and reduce compliance burden. Commerce and industry minister Piyush Goyal on Friday called upon global venture capital (VC) funds to step up their focus on start-ups from Tier-2 and Tier-3 cities and consider …

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Indifi Technologies to offer loans to merchants through Google Pay

Indifi serves the MSMEs present on these ecosystem platforms through embedded lending offerings. Fintech lender Indifi Technologies has entered into a partnership with Google Pay to provide instant loans to eligible small merchants on the payments app’s platform, the company said in a statement. Indifi aims to reach out to 15-20% of Google Pay’s 10 …

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