Danas

Game on: Brands look to net a winner with Fifa World Cup

MUMBAI: The Fifa World Cup is here and Indian brands are all set to tap into the global soccer showpiece to gain a share of consumers’ mindspace.The tournament’s viewership tends to extend beyond hardcore football enthusiasts, and so for companies, the opportunity is not just limited to advertising and sponsorships.Marketers said there is a lot…

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No overcapacity in textiles, steel sectors: DGTR

NEW DELHI: India on Wednesday rejected allegations of surplus capacity in the textiles and steel sectors, saying that per capita consumption of these products in the country remains among the lowest in the world.The remarks assume significance as USTR launched a probe regarding the acts, policies, and practices of 16 economies, including India, under Section…

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ADIA arm to sell 2.3% stake in Lenskart

MUMBAI: Platinum Jasmine A 2018 Trust, an investment arm of Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds, is selling up to 4 crore shares of Lenskart Solutions, translating to about 2.3% of the company, at a floor price of Rs 486 per share. At the offer price, the ADIA…

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In growth push, Zee plans to raise Rs 2. 3k crore

MUMBAI: Zee Entertainment Enterprises is seeking to raise Rs 2,300 crore for strategic and business initiatives, nearly a year after shareholders blocked a similar attempt by the broadcaster’s promoter group to increase its stake.The company said its board would deliberate further on funding options, without specifying the instrument or timeline. The move comes as Zee…

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Who is Mahender Makhijani? Indian-origin businessman accused of hosting sex parties and blackmailing attendees in $100 million fraud case

An Indian-origin financier is accused of running a $100 million bank fraud scheme in California. He lived a double life of luxury, intimidation and blackmail, including hosting parties with sex workers and later using those events to pressure attendees, reports the New York Post.44-year-old Mahender Makhijani was arrested on Wednesday after armed federal agents raided…

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Watch: Cristiano Ronaldo wastes easy opportunities in Portugal’s final match ahead of FIFA World Cup 2026 | Football News

Cristiano Ronaldo wastes easy opportunities (Screengrab) Portugal wrapped up their FIFA World Cup preparations with a 2-1 victory over Nigeria in a friendly match, but it was not a perfect evening for Cristiano Ronaldo.The veteran forward had several good chances to score but failed to find the net. Ronaldo, who holds the men’s record for…

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Tata Consumer tops Rs 20k crore in annual revenue, raises target

MUMBAI: Tata Consumer Products, which began as a tea joint venture with British firm Finlay, has crossed Rs 20,000 crore in annual revenues, marking what chairman N Chandrasekaran called the completion of its transformation into a multi-category consumer goods group.The company has built its newer “growth” businesses —packaged foods, pantry staples and ready-to-drink beverages —…

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