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4 weeks ago | 
thehindubusinessline.com | Aroosa Ahmed |G Balachandar |S Ronendra Singh
Donald Trump’s proposed 25 per cent tariff on auto parts imported into the US is set to impact Indian auto component manufacturers significantly, given their strong exposure to the American market. Industry experts warn that the tariffs, expected to take effect from May, will compress operating revenues, as exports form a crucial part of the sector’s earnings. “The tariff is expected to dent the operating margins of auto parts makers by 120-150 bps.
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1 month ago | 
thehindubusinessline.com | Aroosa Ahmed |Thomas K Thomas
Having grown up in Chennai, Karthik Rao, the global CEO of Nielsen, is returning to his roots to strengthen the company’s presence in India, creating more jobs and developing products that will drive Nielsen’s global growth. The company has launched new offices in Mumbai and Bengaluru which can accommodate 1,500 employees each.
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1 month ago | 
thehindubusinessline.com | Aroosa Ahmed |Thomas K Thomas
Having grown up in Chennai, Karthik Rao, the global CEO of market research firm Nielsen, is looking to ramp up the company’s presence in India including creating more jobs and developing products for the global market. “India has the most complex media environment. If we develop products for the Indian market with the level of complexity, we can scale that to other markets around the world. India also has the best natural resources for our business talent. We will be creating jobs in the thousands.
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Jan 17, 2025 | 
thehindubusinessline.com | Aroosa Ahmed |Janaki Krishnan
Reliance Industries has been forced to recognise the threat posed by quick commerce but is preferring to follow its own playbook in the segment and is leveraging its existing store formats as well as kirana stores as its source base to make quicker deliveries, according to sources. “We do not need dark stores, we will use our outlets such as Reliance Smart and we have tied up with kirana stores,” said a source with knowledge of the strategy.
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Jan 16, 2025 | 
thehindubusinessline.com | Aroosa Ahmed
Reliance Industries owned Reliance Retail Ventures registered a 10 per cent increase in profit after tax with ₹3,458 crore registered in the quarter that ended on December 31 compared to ₹.3,145 crore registered during the same quarter last year, the growth being driven by strong festival demand, the management said.
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Jan 15, 2025 | 
thehindubusinessline.com | Aroosa Ahmed
Domestic wholesale sales of two-wheelers have declined for two consecutive months for the first time in over a year, the pace of decline accelerating in December indicating a potential slowdown in the segment, demand hit by stress in the rural economy as well as decreased incentives by companies and dealers.
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Jan 11, 2025 | 
thehindubusinessline.com | Aroosa Ahmed
Avenue Supermarts, which operates the DMart hypermarket chain, reported a 4.78 per cent increase in its consolidated net profit for the quarter ended December 31, at ₹723 crore compared to ₹690 crore reported during the same time last year. The retailer reported a 17.68 per cent increase in its revenue with ₹15,972 crore reported during the quarter as compared to ₹13,572 crore reported a year ago.
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Jan 9, 2025 | 
thehindubusinessline.com | Aroosa Ahmed
After Narayan Murthy’s prescription for working 70 hours a week, Larsen & Toubro Chairman S.N. Subrahmanyan in an employee interaction stated that employees should work 90 hours a week and expressed his regret on not being able to make people work on Sundays. In a viral video posted on Reddit, Subrahmanyan asked employees how long they could stare at their spouses. “I regret that I’m not able to make you work on Sundays. If I can make you work on Sundays, I will be happier because I work.
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Jan 9, 2025 | 
thehindubusinessline.com | Aroosa Ahmed
German luxury carmaker Mercedes-Benz in India witnessed over 12 per cent growth in 2024. The company that launched the Electric G wagon and EQS SUV in two variants is aiming to expand its presence with its dealers investing ₹450 crore over the next three years. Santosh Iyer, Managing Director & CEO, Mercedes-Benz India spoke to businessline on the sidelines of the launch. Mercedes-Benz was eyeing a double-digit growth in 2024. Did the company achieve the target?
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Jan 7, 2025 | 
thehindubusinessline.com | Aroosa Ahmed
Mahindra & Mahindra (M&M) Born electric vehicles (BEV) BE 6 and XEV 9e will be available at ₹26.9 lakh and .₹30.50 lakh respectively. The automaker will initially in Phase 1 manufacture 5,000 vehicle units of BE6 and XEV 9e per month in its Chakan plant. The BE6 and XEV 9e come with 59 kWh and 79 kWh and have undergone rigorous testing for over 55 lakh km. The Born electric vehicles can be charged between 20 to 80 per cent in 20 minutes.
