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Reckitt Benckiser embarks on a dramatic divestment journey, eyeing sales amid struggles with its homecare and infant formula sectors.

Reckitt Benckiser embarks on a dramatic divestment journey, eyeing sales amid struggles with its homecare and infant formula sectors.

Reckitt Benckiser Group Plc is planning to sell some of its non-core homecare brands, potentially worth over £6 billion, as part of a strategic shift. The company is working with Morgan Stanley on this sale, which includes popular products like Airwick and Cillit Bang. Additionally, Reckitt is exploring options for its infant formula business, guided ...

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RBI embarks on a monumental 4-5 year project to revolutionize currency management, ensuring safety, efficiency, and eco-friendliness for India’s economic future.

RBI embarks on a monumental 4-5 year project to revolutionize currency management, ensuring safety, efficiency, and eco-friendliness for India’s economic future.

The Reserve Bank of India (RBI) is planning a major overhaul of its currency management system over the next 4-5 years to meet the growing cash needs of the economy. This modernization will include building new currency management centers, automating warehouses, and improving security and inventory systems. The RBI noted that while the growth rate ...

Market News

Signature Global embarks on a ₹1,144 crore luxury housing project in Gurugram, achieving record pre-sales in mere days.

Signature Global embarks on a ₹1,144 crore luxury housing project in Gurugram, achieving record pre-sales in mere days.

Signature Global has awarded a construction order worth Rs 1,144 crore to Ahluwalia Contracts for their luxury housing project, ‘De-luxe DXP,’ located in Gurugram’s Sector 37D along the Dwarka Expressway. Spanning 16.65 acres, this ambitious project will feature 1,008 residential units and a total developable area of 28.12 lakh square feet. Construction has already begun, ...

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