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New Delhi: Varun Berry, chief executive, managing director and vice-chairman of Britannia Industries, stepped down on Monday after over a decade of helming the company, a sudden exit at one of India's most prominent consumer goods companies. The Nusli Wadia-owned biscuits and dairy maker said in a regulatory filing on Monday that Berry's resignation has been accepted with immediate effect. The development is sudden, even more so as Britannia had announced Rakshit Hargave, formerly chief execut ...Read More >
The Reserve Bank of India (RBI) has acquired a 4.61-acre land parcel in Nariman Point from MMRCL for Rs 3,472 crore, marking a significant real estate deal. This strategic acquisition, near key government and corporate offices, will expand RBI's presence in Mumbai. MMRCL aims to monetize land parcels to support Mumbai's metro expansion. The Reserve Bank of India (RBI) has acquired a 4.61-acre land parcel at Nariman Point in South Mumbai from the Mumbai Metro Rail Corporation Ltd (MMRCL) for Rs ...Read More >
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