J&J buys electrolyte drink Orsl for Rs 750cr
BANGALORE: Johnson & Johnson (J&J) has acquired Orsl, an energy drink brand, for Rs 750 crore from city-based Jagdale Industries. Orsl, which has a few variants, is a fruit-based electrolyte drink, recommended by healthcare practitioners for illnesses related to digestion, pain, fever,... read more »
Don’t harrass taxpayers, I-T officials told
NEW DELHI: The Central Board of Direct Taxes on Friday issued 12 commandments to its field offices, asking them to stick to appointments, address grievances and avoid unnecessary harassment of taxpayers. In an effort to usher in a customer-friendly regime, officers have been asked to observe... read more »
Railways to Link Auto Hubs, Says Gowda
VELLORE: Soon, automobile hubs in the country will be lined through an automobile freight train to decongest traffic on road, reduce the carbon footprint and shorten the duration of transport of the finished cars. Flagging of South India’s first automobile double-deck train at Melpakkam near... read more »
One-time income helps Jet Airways sniff profit, loss narrows by 96%
MIn the same period a year ago, the company reported a net loss of Rs 891 crore. The airline, however, said the better set of numbers is on account of operational restructuring, higher yield and expansion of code-share agreements with other carriers. The airline had earlier this week said from 1... read more »
