Sagar Malviya

Mumbai

Senior Editor at The Economic Times

Senior Editor @EconomicTimes

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Articles

Leo Puri steps down from Tata Sons board

3 weeks ago | flipboard.com | Kala Vijayraghavan |Sagar Malviya

3 hours agoRenault to buy out Nissan's 51 pc stake in Indian JVThe JV firm operates the alliance's Chennai-based production facility, which rolls out models for both Renault and Nissan brands. French auto major …2 days agoMeet Manasi Kirloskar, heiress to Rs 13488 crore business empire, Ratan Tata was her…, she is married to…Neville Tata, the son of Noel Tata, married Manasi Kirloskar of the Kirloskar family of Pune, a distinguished business family which runs the …
Large retailers stop discounts in shoppers' online lifestyle to let stores profit

1 month ago | economictimes.indiatimes.com | Sagar Malviya |Faizan Haidar

Large Indian retailers are starting to shun discounts and have fewer product price markdowns online.The shift in strategy at retail chains such as Shoppers Stop Aditya Birla Fashion and Retail and Lifestyle tracks their inability to reboot sales online sufficiently despite running persistent discounts including the more-recent End-of-Season-Sales (EOSS) and Republic Day sales.These discounts included the more-recent End-of-SeasonSales (EOSS) and Republic Day sales.Brands are also sharpening...
For India, Unilever says second half will be a better half

1 month ago | flipboard.com | Sagar Malviya

12 hours ago“Dane dane main kesar." (every grain embedded with saffron)—that’s the tagline for a popular flavored gutkha, promoted in advertisements. The brand’s video advertisements often feature sportspersons or stars from Bollywood. Shah Rukh Khan, Tiger Shroff, Akshay Kumar, and the OG Ajay Devgan are the …
Reliance, DMart and other top retailers go easy on store launches as slowdown hurts

1 month ago | economictimes.indiatimes.com | Faizan Haidar |Sagar Malviya

India saw a sharp decline in the pace of new store openings in 2024 as tepid demand across discretionary categories forced top retailers to cut costs and go slow on expansions.An ET analysis of a dozen top listed quick-service restaurant (QSR) chains, apparel and grocery retailers showed collective additions of an average of just three new stores per day last year, compared to about ten outlets in 2023.These companies which include Reliance Retail, Aditya Birla Fashion & Retail, DMart, Tata's...
Ratan Tata trusted friend, half-sisters to execute his will

Oct 17, 2024 | economictimes.indiatimes.com | Kala Vijayraghavan |Sagar Malviya

Mumbai: The late Ratan Tata named lawyer Darius Khambata and close friend and associate Mehli Mistry as executors of his will, along with half-sisters Shireen and Deanna Jejeebhoy, according to executives with knowledge of the matter. Tata died on October 9 at the age of 86, with half-brother Noel Tata succeeding him as Tata Trusts chairman. Ratan Tata held a 0.83% stake in Tata Sons and had a net worth of Rs 7,900 crore, according to the Hurun India Rich List 2024.
Ratan Tata trusted friend, half-sisters to execute his will

Oct 17, 2024 | flipboard.com | Kala Vijayraghavan |Sagar Malviya

Tata 3 days ago Ratan Tata Death Reason: How Did Tata Group Chairman Emeritus Die, Doctor Says He Had The Health Site - Satata Karmakar • 3d Ratan Tata Died At 86: As per reports, suffered from low blood pressure, however, in an October 7 social media post, the veteran industrialist … Finance (India) 15 hours ago RBI Governor and ex-Titan chairman Shaktikanta Das pays homage to Ratan Tata Zee Business - ZeeBiz WebTeam • 15h Shaktikantha Das wrote, “Honoured to have paid my respects to the...
Noel Tata most likely to be next chairman of Tata Trusts

Oct 11, 2024 | economictimes.indiatimes.com | Kala Vijayraghavan |Sagar Malviya

Noel TataTata Trusts is holding a meeting Friday morning to nominate a successor to late Ratan Tata and most likely to nominate his step brother Noel Tata to head the trusts, the philanthropic entities that hold the key to the sprawling Tata empire. Noel is already a trustee in the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust which together own 66% of Tata Sons, the holding company of the diversified salt-to-software Tata Group. Tata Trusts did not comment.
No relevance globally if we're not big in India, says Danone SA CEO

Sep 26, 2024 | economictimes.indiatimes.com | Sagar Malviya |Chaitali Chakravarty

MUMBAI/NEW DELHI: Food giant Danone SA will be "irrelevant as a global player" if it is not committed to and does not have a strong presence in India, which is fast emerging as one of the world's largest markets and growth drivers for several consumer goods multinationals, said chief executive Antoine de Saint-Affrique "In terms of priority, India is at the very top," he told ET in an exclusive interview.
Reliance cuts 11 per cent of workforce on retail cool-off

Aug 7, 2024 | economictimes.indiatimes.com | Sagar Malviya |Rica Bhattacharyya

has reduced nearly 11%, or 42,000 people, of its 's employee strength stood at 347,000 in FY24 compared to 389,000 in FY23. The number of new recruits was slashed by more than a third to 170,000, according to its latest annual report. "The new lines of businesses (at Reliance) have matured now and have significant support from digital initiatives. Now they are a stage to better manage the operations with optimum strength.
Reliance cuts 11 per cent of workforce on retail cool-off

Aug 7, 2024 | flipboard.com | Sagar Malviya |Rica Bhattacharyya

Finance (India) 2 hours ago Reliance Industries Share Price Live blog for 08 Aug 2024 livemint.com - Livemint • 2h Reliance Industries Share Price Today Live: Reliance Industries volume yesterday was 4 mn as compar} Reliance Industries Share Price Today Live: The … Mukesh Ambani 16 hours ago Reliance to make clean energy accessible and affordable, says Mukesh Ambani Moneycontrol • 16h The company’s new energy business would play a pivotal role in the global movement for adoption of cleaner...