Articles for tag: Anticipates, Challenges, Expansion, Focus, Growth, India, Jean, Led, Pernod, Premium, Regulatory, Ricard, Robust, Touboul, Whisky

September 18, 2024

Pernod Ricard India, led by Jean Touboul, anticipates robust growth amid regulatory challenges and a focus on premium whisky expansion.

Pernod Ricard India anticipates strong double-digit growth in the medium term, driven by a growing trend towards premium products. Jean Touboul, CEO of Pernod Ricard India, highlighted that India has become the company’s second-largest Market globally. Despite facing regulatory challenges, including losing their liquor license in Delhi, Touboul remains optimistic and is actively seeking to ...

September 17, 2024

Market News

Business

Indo National Ltd divests its 51% stake in Kineco Ltd for Rs 220 crore, shifting focus to aerospace and defence industries.

Indo National Ltd, established in 1972, is a prominent manufacturer of dry-cell batteries in India, operating under the Nippo brand. Recently, the company announced its decision to sell its 51 percent stake in Kineco Ltd, a composites manufacturer, for Rs 220 crore. This move aims to fund new ventures in the aerospace and defense sectors, ...

September 11, 2024

Market News

Business

JSW MG Motor India launches the MG Windsor, shifting focus to electric vehicles, aiming for over 50% EV sales by 2024.

JSW MG Motor India is shifting its focus towards electric vehicles (EVs) and away from traditional internal combustion engine (ICE) vehicles. Parth Jindal, the company director, announced the launch of the MG Windsor electric crossover, which marks their commitment to new energy vehicles. Bookings for the Windsor start on October 3, with deliveries beginning October ...

September 6, 2024

Market News

Business

Bina Modi defends closing retail brand 24Seven amid family tensions, as Godfrey Phillips shifts focus amid boardroom drama.

Godfrey Phillips India Ltd Chairperson, Bina Modi, recently defended the decision to close the retail division ’24Seven’, originally created by her son, Samir Modi. During the company’s annual general meeting, she emphasized the move’s alignment with the strategy of focusing on core business strengths. Earlier, a court lifted an injunction that had temporarily blocked this ...

May 17, 2024

Market News

Crypto Now

Experts say ignore the Bitcoin chatter, focus on the $70K breakout instead!

Bitcoin analysis is flooded with noise, but the only thing that truly matters is a potential breakout above $70K. According to a recent report from TradingView News, experts are urging investors to focus on this crucial threshold as it could signal a significant shift in the Market. As the cryptocurrency continues to fluctuate, staying informed ...

May 16, 2024

Market News

Business

Investor Michael Burry Makes Bold Move: Shifts Focus to Gold and Renewable Energy, Dumps Amazon and Alphabet

Michael Burry, the famed investor known for predicting the 2008 financial crisis, is making big moves in the Market once again. Burry is placing heavy bets on gold and renewable energy stocks, signaling his belief in their potential for growth. In a surprising move, he has also decided to exit positions in tech giants Amazon ...

May 12, 2024

Market News

Business

Want to win the electric car race? Focus on EV innovation, not tariffs on China

The ongoing trade tariffs imposed on China may not be the most effective way to secure victory in the electric vehicle (EV) arms race. Instead, focusing on developing and investing in EV technology is crucial for staying ahead in the Market. Efforts to prioritize EV innovation and production will ultimately determine success in the competitive ...