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18 Mar 2024, 17:12

P&G India appoints Kumar Venkatasubramanian as CEO

P&G India appoints Kumar Venkatasubramanian as CEO

P&G India appoints Kumar Venkatasubramanian as CEO

Leading FMCG maker P&G India on Monday announced the appointment of Kumar Venkatasubramanian as CEO, with effect from May 1, 2024. The current CEO, L V Vaidyanathan will leave the company to pursue personal interests after 28 years of service, a statement from P&G India said. Kumar is currently leading the P&G business in Australia and New Zealand as CEO.

D B Realty raises ₹920 cr by selling shares to institutional investors via QIP
14 Mar 2024, 15:22

D B Realty raises ₹920 cr by selling shares to institutional investors via QIP

D B Realty on Thursday said it has raised Rs 920 crore by selling shares to institutional investors, including Morgan Stanley Asia, to fund its real estate projects and strengthen balance sheet. The company launched its Qualified Institutional Placement (QIP) issue on March 7 and the issue was closed on March 13.

Paramount Global to sell 13% stake in Indian TV business to Reliance Industries for ₹4,286 cr
14 Mar 2024, 10:12

Paramount Global to sell 13% stake in Indian TV business to Reliance Industries for ₹4,286 cr

Paramount Global has agreed to sell its 13 per cent stake in its Indian TV business to Reliance Industries for Rs 4,286 crore, the Indian firm said on Thursday. In a stock exchange filing, Reliance said it has signed a binding agreement with two subsidiaries of Paramount Global to acquire 13.01 per cent equity stake of Viacom 18 Media Private Limited held by Paramount Global.