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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.
India and Russia Target $50 Billion in Mutual Investments by 2030
India and Russia aim for $50 billion in mutual investments by 2030, focusing on joint ventures in advanced manufacturing, critical minerals, and green technology. A recent meeting in Moscow encouraged private sector exploration and collaboration.
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.
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.
E20 Fuel Controversy: Why Automobile Majors Back Govt's Ethanol Blending Amid Consumer Concerns
Automobile majors support India's mandatory 20% ethanol blending in petrol (E20), despite consumer complaints of reduced mileage and concerns about older vehicles. Studies suggest a 3-4% mileage drop for non-compliant vehicles, with potential material deterioration in older models.
Henrico County Faces Rising Energy Costs Due to Data Center Growth
Henrico County, Virginia, is experiencing a nearly 25% rise in electricity costs for public services, totaling $5 million annually, due to increased demand from 37 data centers. This has led to energy-saving measures in schools and offices, despite the county benefiting financially from data center tax revenue.