TheNewsClues
Clues by Admin • 20 Aug 2018, Monday
PepsiCo Inc. said it agreed to buy SodaStream International Ltd for $3.2 billion to gain the Israeli company’s at-home soft-drink-making technology. PepsiCo will pay $144 a share in cash, the companies said in a statement Monday. The purchase will probably ... Continue Reading
Read More at Livemint
Clues by Admin • 8 Aug 2018, Wednesday
Indra Krishnamurthy Nooyi will step down as the CEO of PepsiCo after 12 years in the position, the company announced on Monday. She assumed the office of CEO in 2006 and steered the company though the 2008 financial crisis. She herself remained in ... Continue Reading
Read More at The Hindu
Clues by Admin • 30 Jul 2018, Monday
Hundreds of social media users in India are being notified by PepsiCo that their account details is being submitted to the Delhi High Court over an ongoing civil suit in which PepsiCo is suing platforms like Facebook, Twitter, Youtube and ... Continue Reading
Read More at The Economic Times
Clues by Admin • 18 Jul 2018, Wednesday
Walmart plans to bring expats as chief financial officer, legal counsel and compliance officer at Flipkart once it completes the $16-billion acquisition of India’s largest e-commerce company to ensure compliance with anti-corruption laws.  The world’s ... Continue Reading
Read More at The Economic Times
Clues by Admin • 29 Jun 2018, Friday
Xiaomi Corp. and some existing investors raised $4.7 billion after pricing a Hong Kong initial public offering at the lower end of the price band, according to sources.  The Beijing-based smartphone maker priced the sale of 2.18 billion shares at HK$17 ... Continue Reading
Read More at Hindustan Times
Clues by Admin • 22 Jun 2018, Friday
Enforcement Directorate (ED) has filed an application before a Mumbai court under the recently promulgated Fugitive Economic Offenders Ordinance seeking to declare Vijay Nallaya a 'fugitive offender' and to confiscate his assets worth Rs 12,500 crore. The application seeks to immediately ... Continue Reading
Read More at The New Indian Express
Clues by Admin • 22 Jun 2018, Friday
Swiggy, which is by far India’s best-funded food delivery start-up, raised $210 million from a group of investors led by Naspers and billionaire Yuri Milner’s DST Global. The latest funding has catapulted India’s largest food ... Continue Reading
Read More at Livemint
Clues by Admin • 7 May 2018, Monday
The ministry of Corporate Affairs is planning to collect passport details of all persons serving as director in companies. The move is aimed at deterring wilful defaulters from leaving the country after committing an economic offence. The ministry has stepped ... Continue Reading
Read More at The Economic Times
Clues by Admin • 18 Apr 2018, Wednesday
The IMF said in its flagship World Economic Outlook released on Tuesday that there will be a gradual increase in India’s growth rate as structural reforms raise potential output. India’s economy is forecast to grow 7.4% in ... Continue Reading
Read More at The Economic Times
Clues by Admin • 17 Apr 2018, Tuesday
The government may act on an ordinance route to prevent economic fugitives from fleeing the country or avoiding facing the law alongside attaching their properties against the crime of defrauding the country. In March, the Cabinet cleared the “... Continue Reading
Read More at The Economic Times
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