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Despite controlling global rare earth mining and processing, China's dominance is structurally weak. A study reveals the US and Japan hold core patents for advanced rare earth functional materials, crucial for high-tech applications, indicating a gap in higher-value downstream technologies.
India Secures Fertiliser Supply Amid Persian Gulf Tensions
Fifteen of 20 India-bound fertiliser ships have safely passed the Strait of Hormuz. Domestic urea production also exceeded targets from April to June, ensuring adequate fertiliser availability for farmers during the kharif season.
India Eyes Doubling LPG Imports from US, Diversifying Beyond Gulf
India plans to significantly increase LPG imports from the US, potentially doubling current volumes, to diversify its supply chain and reduce reliance on Gulf nations. This move aims to bolster strategic reserves and ensure energy security amidst geopolitical tensions.
Maya Tata to Lead Westside's E-commerce Marketing Amidst Global Expansion
Maya Tata will spearhead Westside's e-commerce marketing as the fashion retailer expands globally and domestically. Leveraging her digital expertise, she aims to drive online growth for the brand, aligning with Trent's strategy to build Indian brands with international appeal.
Graviss Group Reportedly in Talks to Acquire Dunkin' Donuts India Rights
Graviss Group, operator of Baskin Robbins in India, is reportedly in talks to acquire Dunkin' Donuts' India rights from Inspire Brands. This follows Jubilant FoodWorks' exit due to losses. Graviss may revamp the brand with localized offerings and a broader menu.
CMRL Ex-CFO's Ledger Reveals Alleged ₹182 Crore Fraudulent Cash Flows
A special ledger allegedly maintained by CMRL's former CFO, Suresh Kumar KS, has revealed fraudulent cash flows totaling ₹182 crore into the Kerala firm. Probe agencies, including the ED, are investigating these alleged irregularities, which reportedly involved payments to various entities based on the MD's instructions.