COMPANY
Canada's Weston family company agrees to buy UK's Boots
Wittington Investments, Limited will acquire Boots' retail operations in the UK and Ireland, Boots Opticians, No7 Beauty Company and its Thailand and franchised businesses.
Watch out! Julius gets badly stabbed
Trigger warnings are increasingly becoming a staple in the realm of art and entertainment, appearing on various platforms. Recent productions, such as Julius Caesar by the Royal Shakespeare Company, now incorporate these alerts to prepare audiences for emotional themes like violence and betrayal. As the conversation around this trend expands, it's clear that both contemporary and classic works are being scrutinized for their impact on viewers' emotional well-being.
Piyush Goyal woos top US companies for investment
Commerce and Industry Minister Piyush Goyal has met various US firms in New York to discuss investment potential. Meetings included representatives from Blackstone, Neuberger Berman, and The Estee Lauder Companies, focusing on manufacturing and beauty markets. Discussions with IBM's CEO involved strengthening collaboration in AI and quantum computing technologies. Goyal also engaged with General Atlantic and AIA Group to explore opportunities in financial services and insurance sectors.
India-EU FTA to drive German investment into India: Indo-German Chamber chief
India and the EU are set to strengthen trade relations and increase investments from German companies. The Indo-German Engineering Summit highlighted opportunities in advanced manufacturing and sustainability. Jan Noether emphasized the need for German companies to invest in local supply chains in India. Collaborations in technology sectors could enhance India's manufacturing capabilities and create engineering jobs. Greater engagement between Indian and German firms may foster long-term business partnerships.
Tech companies tap debt, equity to fund AI and cloud expansion
Major tech giants like Alphabet and Amazon are gearing up for significant debt offerings aimed at bolstering their AI capabilities. Meanwhile, SpaceX seeks funding specifically for Nvidia chips to enhance its AI infrastructure. Other significant players including Salesforce and Oracle are following suit, utilizing debt markets for expansions and buybacks.
In 2022, Kevin Hart merged two businesses into HARTBEAT; a $100 million minority investment valued the new media company at about $650 million
Kevin Hart's media company Hartbeat illustrates the challenges faced by celebrity-backed ventures in sustaining growth. While initial success was evident, Hartbeat has experienced executive turnover and workforce reductions. The company has restructured its operations and partnered with Authentic Brands Group for financial support. Research indicates that a credible connection between the celebrity and their brand is crucial for long-term viability.
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In 2012, Jennifer Aniston became an investor and face of Living Proof; four years later, Unilever agreed to buy the science-based haircare company
Jennifer Aniston has been instrumental in the rise of Living Proof, a haircare brand that prioritizes groundbreaking science in its products. Co-founded by MIT's Robert Langer and entrepreneur Jon Flint, the brand was acquired by Unilever in 2016 to bolster its haircare division. Aniston's role highlights the necessity of scientifically-backed products rather than just celebrity glamour, reshaping how consumers view beauty brands.

Nifty 50 companies likely to log strong double-digit growth in Q2
Revenue and net profit of Nifty 50 companies are projected to grow by nearly 20% year-on-year. Analysts note that performance is driven by sectors like automobiles, banking, and oil. Operating margins, however, might contract slightly due to input cost pressures and inflation. Key sectors show varied conditions, balancing strong demand against potential challenges. Overall, medium to long-term outlook remains optimistic, despite some near-term volatility.

Titan Company shares fall 4% after Q2 business update. What is Nomura saying?
Titan Company reported 25% year-on-year growth across its consumer businesses in Q2FY27, led by jewellery, watches and EyeCare. Nomura retained its Buy rating, citing strong growth visibility despite high jewellery sales bases and elevated gold prices.

Local sourcing must for ISM 2.0 subsidy: MeitY tells chip companies
ISM 2.0 was unveiled by MeitY last month. While no company has formally announced its application under the scheme, officials say they are discussing the terms of the scheme with the industry. Under the first iteration of ISM, the government had approved 12 investment proposals for manufacturing units.

Paramount Skydance merger: Is David Ellison’s $110 billion hollywood gamble now about tech?
Paramount Skydance has completed a $110 billion merger with Warner Bros. Discovery to reshape Hollywood's landscape. The merger combines major studios and platforms under one roof, aiming for efficiency and technological advancements. Skydance plans to streamline operations while managing considerable debt and integrating two large companies. Executives emphasize the importance of technology and artificial intelligence in enhancing viewer experiences.

Titan Consumer business grows 25%, adds 78 stores in Q2
Titan Company experienced a 25% year-on-year growth in consumer businesses during the second quarter of FY27. Strong demand for jewellery and watches contributed significantly to this growth, despite a slowing trend at quarter's end. The company expanded its retail presence by adding 78 stores, reaching a total of 3,758 outlets. Among its brands, Tanishq and CaratLane showcased particularly impressive growth statistics.

Titan Q2FY27 update: Consumer businesses grow 25% YoY, jewellery up 21%
Titan Company’s consumer businesses grew 25% year-on-year in Q2 FY27, led by watches, EyeCare and jewellery. Domestic businesses rose 22%, while international operations surged 97%. Titan added 78 net stores, taking its overall consumer store network to 3,758 in September 2026.

Paramount closes $110 billion mega Warner Bros takeover; creates Hollywood powerhouse Skydance
Paramount Skydance has completed its $110 billion takeover of Warner Bros Discovery, creating a major Hollywood entertainment company spanning film, television, streaming and news. The combined entity, named Skydance, will trade as SKYD on the New York Stock Exchange. CEO David Ellison will oversee strategy as the companies pursue $6 billion in cost savings.

Mistral CEO says new AI model beats Chinese ones in some areas
The 3-year-old company is seen as Europe's best contender in the AI race, but is still dwarfed by US companies Anthropic and OpenAI, as well as facing pressure from lower-cost Chinese rivals.

In 2011, Jessica Alba co-founded The Honest Company around household and baby products; its 2021 market debut briefly valued it at nearly $2 billion
Jessica Alba co-founded The Honest Company after struggling to find safe household and baby products. The company grew rapidly, focusing on ingredient transparency and sustainability, and appealed to young parents. In May 2021, The Honest Company went public, achieving a nearly $2 billion market capitalization on its first trading day. Despite its celebrity roots, the company aimed to establish itself as an independent brand.

Silicon Valley companies discuss simpler GST, customs rules with CBIC
CBIC chairman Vivek Chaturvedi met a delegation led by Shefali Goradia, chairperson, Deloitte, South Asia and the Silicon Valley Tax Directors Group (SVTDG), which brings together tax directors and finance executives from more than 100 leading US technology companies, primarily headquartered in the Silicon Valley region.

Irish company tax ruling offers capital gains relief hope to foreign investors
In a noteworthy decision, the Income Tax Appellate Tribunal has exempted Fireeye, an Irish company, from capital gains tax on an indirect transfer, setting it apart from a recent Supreme Court ruling involving Tiger Global. This ruling has stirred discussions about the effectiveness of tax residency certificates for foreign investors.

Listed startups unlock Rs 25,000 crore for VC, PE investors
An ET analysis of National Stock Exchange (NSE) and BSE block and bulk deal disclosures across 18 new-age companies shows sales by investors including Japan’s SoftBank group and venture capital firms Peak XV Partners, Elevation Capital and Accel.

NCLAT allows oppression, mismanagement plea against office-bearers of film producers' body IMPPA
NCLAT upheld the NCLT's decision to allow a minority group of IMPPA to pursue legal action. The minority members alleged financial mismanagement and irregularities within the organisation. The petition received support from 209 members, which met the required threshold under the Companies Act. IMPPA's arguments questioning the petition’s validity were rejected by the NCLAT. This ruling enables an investigation into the alleged mismanagement within IMPPA.

IT sector faces another muted quarter as pricing pressure, geopolitics weigh on growth: Report
India's IT sector is expected to see limited growth in Q2FY27 due to various pressures and headwinds. Predictions indicate large-cap firms might experience a modest revenue increase, while mid-cap companies could outperform. Although margins might improve slightly, profitability could continue facing challenges from investment needs. The Nifty IT index has dropped significantly, reaching multi-year lows due to weak demand.

RBI grants Core Investment Company registration to Indiabulls
Indiabulls Limited has received a Certificate of Registration as a Core Investment Company from the RBI. This approval adheres to the regulatory guidelines designated for investment-holding organizations. A Core Investment Company primarily manages investments and finances companies within its group. Indiabulls indicated it might relinquish the certificate if deemed unsuitable under the CIC structure, clarifying that this registration does not introduce any new banking or lending activities.

Consumer companies score low on R&D spending amid innovation chorus
Indian consumer firms are asserting their commitment to technology and innovation, yet their investment in research and development (R&D) remains unremarkably low. Analysis reveals that R&D spending barely rose to an average of 0.9% of sales, with prominent companies like ITC, Britannia, and Hindustan Unilever experiencing stagnant or even decreasing funding.

More than half of mid-to-large cap companies fail to deliver returns in 2026
More than half of India's mid-to-large tier companies with market capitalisation above ₹1,000 crore have faced losses in 2026. Eight companies have experienced significant market cap erosion, affecting investor sentiment. Factors such as regulatory issues, funding costs, and margin pressures contributed to these declines. Foreign portfolio investors have sold a substantial amount of Indian equities this year amid geopolitical uncertainties.

GST relief for gaming companies raises hopes across the sector
Tax authorities have taken a softer approach towards gaming companies in the first four final GST orders issued after the Supreme Court ruling on real-money gaming.

IT companies forecast to post muted second quarter
Sector leader Tata Consultancy Services and its nearest rival, Infosys, are projected to report weak numbers for the three months ending September 30. Analysts tracked by ET on average forecast TCS to post organic revenue growth of 0.5% sequentially and 2.8% from a year earlier. They expect Infosys to report a 1.1% quarter-on-year and 0.2% year-on-year increase in organic revenue, which excludes income from acquisitions.

ET Prime Special Series: Multibagger or IBC - Part 78: A tech company hiding inside an auto-parts maker. But with a weak spot
This is one of the most exciting businesses in the sector: A technology company disguised as an auto-parts maker, growing fast, earning exceptional returns, and generating real cash. It is also one of the most concentrated. A single buyer accounts for roughly three-quarters of its sales, and a single type of component for roughly three-quarters of its material costs. The upside is obvious. The fragility is the part investors have to weigh.
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