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H&M names Yanira Ramirez as country sales manager for India FILE PHOTO: A woman wearing a face mask leaves the H&M clothing store as the spread of the coronavirus disease (COVID-19) continues in Prague, Czech Republic, September 14, 2020. REUTERS/David W Cerny/File Photo (REUTERS)Premium In India, the retailer has done brisk business. For the year ended 30 November 2019, H&M posted a 43% jump in sales touching nearly Rs1,500 crore. However, the lockdown in 2020 impacted sales as prolonged ...

NTPC inks pact to buy GAILs 25.1% stake in Ratnagiri Gas and Power File photo of an NTPC plant in Gujarat (Photo: Mint)Premium . Updated: 23 Feb 2021, 07:28 PM IST PTI After the transaction is complete, NTPC would have 86.49% stake in the RGPPL. Earlier in Jan, the company had announced acquiring 37.47% stake in RGPPL from its lenders Share Via Read Full Story NEW DELHI : State-owned NTPC on Tuesday said it has signed a share purchase agreement to buy GAILs 25.51% stake in Ratnagiri Gas and ...

India Inc to offer average pay hike of 7.7% in 2021 India Inc’s 2021 pay hike will be better than most global economies, including Japan, the US, China, Singapore, Germany and the UK where the average salary growth will be between 3.1% and 5.5%.. (Photo: iStock)Premium 2 min read E-commerce and venture capital backed firms will give the best pay hike at 10.1%, followed by tech sector 9.7%, ITES at 8.8%, and entertainment and gaming at 8.1%. Chemicals and pharmaceutical firms are likely to off...

Investors are piling into smaller companies and other cyclical stocks as booming market rally continues

The proposed facility is designed to process cargo loads of almost 100 trucks a day and to be spread over 1.5 lakh sq feet area at Farukh Nagar logistics park.It is expected to be functional from June this year, said Gati-KWE

Delhi court sends Deep Sidhu, arrested in connection with Red Fort violence to 14-day judicial custody Actor-activist Deep Sidhu, accused of orchestrating violence at the Red Fort on Republic Day, at the crime branch office of the Delhi Police. (PTI) Share Via Read Full Story Delhi court today sends actor-activist Deep Sidhu, arrested in connection with Red Fort violence on Republic Day, to 14-day judicial custody. Sidhu was produced before Metropolitan Magistrate Samarjeet Kaur on the expiry...

According to DMA, Dr Vardhan did not promote the drug.DMA reiterated that IMA has fabricated the facts to make a sensational case against the health minister

The relevance of a century-old Indian report on protectionism A file photo of JNPT Port. Photo: Ashesh Shah/Mint Premium Share Via Read Full Story There is protectionism in the air. This year marks the centenary of a committee that recommended the first tariff hikes to protect Indian industry, but at a time when India was an impoverished colony rather than an independent nation with the fifth largest economy in the world. It is a good cue for this column to embark on one of its periodic excursi...

JPMorgan creates investment product for black-owned banks File Photo: JPMorgan also said it will offer favorable terms to Black-owned, Black-led and Black-serving businesses and nonprofits (REUTERS)Premium . Updated: 23 Feb 2021, 07:32 PM IST Bloomberg JPMorgan said it will share the assets and fees generated from the offering with the banks that distribute it, and will donate 12.5% of the annual revenue it makes from management fees to efforts aimed at boosting community development It said...

China’s weaponization of rare earths is very likely to backfire Premium (Photo: Bloomberg) David Fickling Share Via Read Full Story There was a time when China could cause the world to tremble by threatening its supply of rare earths. It’s long in the past. That’s reason not to worry too much about news that Beijing is planning to ban exports of technology for refining that suite of minor metals. Such a move, if taken, is likely to backfire even more spectacularly than its previous attemp...