Harish Manwani to retire as COO of Unilever
MUMBAI: Harish Manwani, currently chief operating officer, Unilever, will retire from Unilever on December 31, 2014, after more than 38 years of service. He will continue in his capacity as the non-executive chairman of Hindustan Unilever (HUL). As COO of Unilever, Manwani’s key achievement... read more »
Nifty reclaims 8,000 level
With the Reserve Bank of India (RBI) keeping its main lending rate unchanged after a monetary policy review, key benchmark indices extended gains and hit fresh intraday high in afternoon trade. The 50-unit CNX Nifty regained the psychological 8,000 level. The Nifty hit its highest level in nearly a... read more »
Larsen and Toubro gains on Rs 1,423 crore new orders
Larsen and Toubro (L&T) has moved higher by 2% to Rs 1,490 after the company said it has won new orders worth Rs 1,423 crore across various business segments in September 2014, including order from Lucknow Metro Rail Corporation. The company’s heavy civil infrastructure business has bagged a... read more »
Calcutta HC Stays United Bank’s ‘Wilful Defaulter’ Tag Against Kingfisher...
Grounded airline Kingfisher Airlines Ltd has obtained a stay order from the Calcutta High Court on the decision of the United Bank of India, declaring the airline and its directors (including erstwhile directors) as ‘wilful defaulters.’ “The bank has been directed to file its... read more »
