TopStoryMaggibanimpacts1,500NestleemployeesAround1,500workersinvolvedinmanufacturingofMaggiinIndiahavebeen"impacted"bythestoppageofproductionafterbanoftheinstantnoodlesbrand,accordingtoamediareport.NestleIndiahasabout1,500permanentworkerswhoweredirectlyinvolvedinMaggiproductionacrossfiveplantsinIndia.TheMaggibanhasalsoaffecteditssuppliers,thereportsaid....ReadMoreITCplanstoinvestRs.8,000croreITCisplanningtoinvestRs.8,000croreinTelanganatoexpandpaperbusiness,ChairmanYCDeveshwarreportedlysaid."WewillexpandourpaperplantcapacityandsetupanewhotelinHyderabad,"Deveshwaradded.DeveshwarreportedthatthepaperplantexpansionitselfwouldneedaroundRs4,500crore.DomesticNewsSEBIapprovesprabhatDairyIpOplansprabhatDairyhasreceivedtheapprovalofSEBI(SecuritiesandExchangeBoardofIndia)toraiseatleastRs300crorethroughaninitialpublicoffer(IpO).Thecompanyhadfileddraftredherringprospectus(DRHp)withSEBIthroughitsleadmerchantbankerEdelweissFinancialServicesinMarch.SEBIissueditsfinal"observations"onthedraftofferdocumentsonJune8,whichisnecessaryforcompaniestolaunchanypublicoffer...ReadMoreSmokingcorner!ITClaunchesClassicBlueLeafITCisplanningtorolloutoutmultiplevariantsatthepremium,accordingtoreports.Areportsaysthatthecompanyisfocusingonproductswithdifferentiatedtobaccoblends,specialfiltersandflavoursinthepremiumsegment.ITCrecentlylaunchedfournewvariantsofitsClassicandGoldFlakebrands.NewvariantClassicBlueLeafwithJetFlofilterispricedatRs.300forapackof20,comparedwithRs.218forClassic,thereportstated.Biggestcosmeticdeallikely!US-basedCotyeyes3businessesofp&GCoty"sacquisitionofproctor&Gamble"s(p&G)beautyassetsmaytakeatleasttwoweekstobefinalised,accordingtoreports.AreportsaysthatCotywonanauctionvaluingthebusinessesatcloseto$12bn.Ifthedealgoesthrough,itwouldbethebiggestdealincosmetics.ThetransactionwouldmarkCoty"sentryintothehaircaremarket.ITCtoremove"NoAddedMSG"DisclaimerfromYippeeNoodles:ReportsITCwouldremovethedisclaimer"noaddedMSG"frompacketsofinstantnoodlessoldunderSunfeastYippeebrandfollowingrecentdirectionsbyFSSAI,accordingtoreports.AreportsaysthattheFoodSafetyandStandardsAuthorityofIndia(FSSAI),inconnectionwithnoodlesofanotherbrand,hadheldthatsuchstatementofhavingnoMSGwas"inappropriate",ITCsaid.ITCisvoluntarilytakingstepstoremove"noaddedMSG"fromitslabelsinitsnewbatchesofpackaging,thecompanyreported.Notgoodtoeat!NestlétodestroyRs.300crworthMaggiproductsNestleIndiaisintheprocessofdestroyingMaggiinstantnoodlesworthRs.320croreafteritwasbannedbyFSSAI.ThecompanysaiditisintheprocessofwithdrawingthestockofMagginoodlesfrommarkets,factoriesanddistributionanddestroyingit....ReadMoreUnileverandpeersmobiliseamovementforchangeonwasteEveryyear,anestimated1.3billiontonnesofsolidwasteiscollectedworldwide.Thisisexpectedtoincreaseto2.2billiontonnesby2025,withalmostalloftheincreasefromdevelopingcountries.Sotheneedforactionisclear.InJanuary2015,Unileverreachedasignificantmilestoneofsendingzeronon-hazardouswastetolandfillacrossallglobalfactories.....ReadMoreBig-BasketbuysDelyverforundisclosedpriceOnlinegrocerBig-BaskethasboughtlogisticsproviderDelyverinacash-and-stocktransaction,accordingtoamediareport.Bothstarts-uparebackedbyserialentrepreneurandinvestorKrishnanGanesh.However,nodetailshavebeenprovidedaboutthetransactionvalue.Withover10,000productsand1,000brandsinitsgrocerylist,BigBasketwillusetheDelyverfleettoreachorderswithin90minutes,thereportfurthersaid....ReadMoreVuzixsharesselectedforinclusioninRussellMicrocapGrowthIndexVuzixCorporation,aleadingsupplierofVideoEyewearandSmartGlassesproductsintheconsumer,enterpriseandentertainmentmarkets,ispleasedtoannouncethataccordingtoapreliminarylistpostedon,itscommonshareswillbeincludedintheRussellMicrocapGrowthIndexwhenRussellInvestmentsreconstitutesitscomprehensivesetofU.S.andglobalequityindexesonJune26,2015...ReadMoreNikonIndiaappointsKazuoNinomiyaasManagingDirectorNikonIndia,the100%subsidiaryofNikonCorporationTokyo,leadersinimagingtechnology,announcedthatithasappointedKazuoNinomiyaastheManagingDirector,w.e.f15thJune,2015.KazuoNinomiya,formerGeneralManager,InternationalplanningDivisionofNikonSingaporetakesovertherolesandresponsibilitiesfromHiroshiTakashinawhowillnowbemanagingNikon’sChinabusinessoperations....ReadMoreAvonannouncesnewbrandpublishingsitetoempowerwomenAvonproducts,Inc.announcedthelaunchofBeautyforapurpose,anewglobalbrandstatementfocusedonthecompany’scommitmenttoempowerAvonRepresentativesandwomenaroundtheworldthroughbeautyandfinancialindependence.Beautyforapurposeprovidesaframeworkforthecompanytochampionthreedefiningareas:Avon’sbeautyproductsofdemonstrablequalityandvalue;Avon"searningopportunity,whichallowsmillionsofwomenaroundtheworldtobuildself-relianceandabetterlifeforthemselves...ReadMoreiBalllaunchesmSLRCobalt4withfourdetachablelensesRidinghighonthesuccessofCobaltseries,iBallabrandknownforitsinnovativeandlatesttechnologyproducts,addsanotherextensiontoitspopularseriesthrough‘iBallmSLRCobalt4’bundledwithfourdetachablemSLRlenses.iBallCobaltmSLR4issurelyre-definingthesmartphones.Andisdefinitelygoingtobeanewtrendtocomeinfuturewithmanysmartphoneswhichwilldoubleupasstrongcamerawithdetachablelenses....ReadMoreVideocond2hstrengthensofferingswith35HDChannels&servicesVideocond2hhasfurtherstrengtheneditsbouquetofHDchannelsandservices.WiththeadditionofTLCHDChannel,Videocond2hnowhas35HDChannels&services.Thesechannelshavesuperiorpictureclarity,whichgivesmoredepthandsharpnesstothepicture,crystalcleardigitalqualitypictureandHDdigitalqualitysound.The35HDChannels&servicesavailableonVideocond2hincludeIndia’sfirstandonly4KUltraHDDTHChannel.....ReadMoreSamsunglaunchesGalaxyS6EdgeinemeraldgreencolourSamsungIndiaElectronicsannouncedthecommerciallaunchofanewcolour“EmeraldGreen”forGalaxyS6Edge.LaunchedgloballyonApril10th,Samsung’sGalaxyS6andS6edgesmartphonesredefinedwhat’snextinmobility.InadditiontotheexistingcolouroptionsincludingWhitepearl,BlackSapphireandGoldplatinum,thegorgeousEmeraldGreenisnowavailableatleadingSamsungretailoutletsacrossthecountry....ReadMore
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