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Heat beats price hikes: Summer products’ sales zoom

MUMBAI: Indians are turning to ice creams, colas, soft drinks and packaged cold coffee to survive the scorching heat, spurring sales of summer products for consumer goods companies and nudging some to upwardly revise their earlier sales estimates for the season.In a summer of price hikes and broader inflationary environment, firms are however pushing lower...
karnataka governor accepts siddaramaiah39s resignation

Thaawarchand Gehlot: Karnataka governor Thaawarchand Gehlot accepts Siddaramaiah’s resignation as CM, cabinet dissolved | India News

NEW DELHI: Karnataka governor Thaawar Chand Gehlot on Friday accepted the resignation of chief minister Siddaramaiah in Bengaluru, dissolving the council of ministers with immediate effect, a day after the Congress leader stepped down following directions from the party high command. Siddaramaiah will, however, continue in office until alternative arrangements are made, according to an...
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Bajaj Finserv sets up unit to invest in new age ventures

MUMBAI: Bajaj Finserv has launched a new division, Finserv Intelligence, which it may carve out as a separate business in future. Through Finserv Intelligence, Bajaj will invest Rs 1,500 crore to Rs 2,000 crore in early-stage start-ups in AI/fintech, cybersecurity and consumer technology platforms, and will also co-create new ventures. By building applied research capabilities...
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