New Delhi: Dilip Piramal, Chairman of VIP Industries, said on Monday that his family’s younger generation isn’t interested in running the business. This came right after the company told stock exchanges that promoter group entities are planning to sell a 32 percent stake to a group of private equity investors and others. “We are a…
New Delhi: Reliance Retail announced on Friday the acquisition of home appliances brand Kelvinator, marking a major step to strengthen its foothold in India’s rapidly growing consumer durables market. Kelvinator, famed for pioneering home refrigeration and its iconic 1970s-80s tagline “The Coolest One,” is expected to significantly enhance Reliance’s product portfolio and brand value. The…
New Delhi: Prakash Shah, who was Vice President and a trusted associate of Reliance Industries chairman Mukesh Ambani, has left his high-paying job and a reported salary of Rs 75 crore to become a Jain monk. Shah, known for his business expertise and leadership, along with his wife Nain Shah, chose to pursue a life…
