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2025-11-06 02:46:54| The Economic Times

Hindustan Unilever Limited's notice for Priya Nair's appointment as CEO included an unusual offer: shareholders could obtain a copy of her CEO agreement via email. While not legally mandated, this move goes beyond typical inspection procedures, sparking debate on transparency versus competitive risks in executive contracts.


Category: News and Media

 

2025-11-06 02:43:41| The Economic Times

Mahindra & Mahindra is set to exit RBL Bank by selling its entire 3.5% stake. The deal is valued at approximately $78 million. Kotak Securities is managing the transaction. The sale is scheduled for Thursday. This move represents a profitable exit for Mahindra, which had invested in the bank in July 2023.


Category: News and Media

 

2025-11-06 02:39:18| The Economic Times

Jewellery stocks are experiencing a rally driven by robust festive demand and the upcoming wedding season, despite higher gold and silver prices. Analysts anticipate continued momentum, with strong quarterly results and shifting consumer preferences towards modern designs supporting sales and margins. While near-term outlook remains positive, potential moderation in gains is expected after the recent surge.


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2025-11-05 19:59:46| The Economic Times

European medical device companies are feeling the pinch of US trade tariffs. Siemens Healthineers expects doubled tariff impacts by 2026. Ambu and Royal Philips also face margin pressure and tariff hits. Uncertainty persists as Washington probes medical device imports, potentially leading to new levies. Companies are managing costs and considering strategic shifts.


Category: News and Media

 

2025-11-05 19:56:26| The Economic Times

US Ambassador Warren Stephens has voiced concerns about the UK economy. High energy costs and pharmaceutical pricing are hindering business and investment. Stephens stated energy is the main obstacle to deeper US-UK relations. He noted that businesses find the UK expensive due to these costs. The UK previously agreed to a trade deal with the White House.


Category: News and Media

 

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