Corporate news, Latest Indian corporate industry news and world corporate industry news

Oreo is about 100 years old brand and currently generates a revenue of $1 billion globally. In India, the company will be launching the biscuit in dark chocolate flavour.

EIH that owns and runs the Oberoi and Trident group of hotels has launched the rights issue of 178.6 million shares at Rs 66 a share to mop up Rs 1,178.86 crore.
The Securities and Exchange Commission of the US on Tuesday laid out civil fraud charges linking him to the biggest hedge fund insider-trading case ever.
Jubilant FoodWorks will set up the first Dunkin' Donuts store in India by early next year and expand gradually in the first couple of years.
According to analysts, the cash from BP deal will enable India's biggest company to easily diversify into several emerging businesses and scale them up quickly.
Shalin Jhaveri, an Indian ex-employee of Bristol-Myers-Squibb, has been sentenced for a year for stealing trade secrets from the drug manufacturer.
The funds would be used for the steel major's various upcoming and a few ongoing projects globally, spread across three years, MD H M Nerurkar said.
Exits dent a valuable venture and private equity business Sequoia Capital built, but the firm is unperturbed.
Tata Steel on Thursday said prices of steel will continue to show an upward trend in near future due to rise in cost of raw materials.
The litigation relates to the 2009 accounting fraud at Satyam Computer, which was later taken over by Tech Mahindra and renamed.
The company's consolidated net sales increased to Rs 28,606.15 crore in the October-December quarter from Rs 26,068.55 crore in the same period last year.