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Stories from earlier this week and beyond.

India moves AB InBev from witness to target in cartel probe sparks fresh court battle

India moves AB InBev from witness to target in cartel probe sparks fresh court battle

India’s antitrust watchdog has upgraded Anheuser-Busch InBev’s role in a cartel probe, moving it from a cooperating witness to a party under investigation. The case began by targeting 42 alcohol retailers in Telangana over alleged exclusion of rivals, and AB InBev was raided in 2024. The brewer then secured a temporary injunction that halted the investigation against it.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Volvo India warns war linked supply chain strain could disrupt auto market demand soon

Volvo India warns war linked supply chain strain could disrupt auto market demand soon

Volvo Group India president Kamal Bali says the Middle East conflict has not directly impacted India’s auto sector so far, but supply chain strain could become a real threat. He hopes for a swift end to the war, citing India’s resilience, while adding that Volvo is currently performing well with a strong market position.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Sober curious India is trying NOLO drinks now can nonalcoholic beers and spirits win big

Sober curious India is trying NOLO drinks now can nonalcoholic beers and spirits win big

Non-alcoholic beers and spirits are growing globally, and now the NOLO category is pushing into India’s beverage market. The promise is a “buzz” without alcohol, aimed at the sober curious and younger consumers. The big question: can these products move beyond novelty and earn lasting habits, or will they fade like past fads?

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Gold and silver plunge on MCX as crude surges and Iran talks stall — buy or wait

Gold and silver plunge on MCX as crude surges and Iran talks stall — buy or wait

Gold and silver prices tumbled on MCX, with silver falling about Rs 6,100 and gold dipping around Rs 1,000. Analysts link the move to higher crude oil prices and uncertainty over US-Iran peace talks, adding pressure from expectations of prolonged high interest rates. Traders see volatility ahead and suggest booking profits and buying only on dips, tracking dollar and inflation cues.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Bhowanipur showdown Didi vs Adhikari turns Kolkata into a high stakes battleground

Bhowanipur showdown Didi vs Adhikari turns Kolkata into a high stakes battleground

Kolkata’s Bhowanipur constituency is buzzing as a crucial election campaign heats up, turning the heartland into an all out political battleground. With Didi and Adhikari in the spotlight, colorful banners and high energy rallies are setting the stage for a contest seen as capable of reshaping the political landscape well beyond the area.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
GATE 2026 provisional answer key out now download and challenge within the window

GATE 2026 provisional answer key out now download and challenge within the window

IIT Guwahati has released the provisional answer key for GATE 2026 on its official website. Candidates can download it to cross-check responses and estimate possible scores. A separate objection window is now open, allowing applicants to raise challenges to any discrepancies by submitting valid proof within the stipulated period.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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India IT firms brace for US H-1B fee hike using cash and talent pipelines

India IT firms brace for US H-1B fee hike using cash and talent pipelines

India’s IT sector is facing fresh uncertainty as new US H-1B visa fees threaten to raise costs. Yet leading firms say they’re buffered by strong profits and cash reserves. Meanwhile, the US continues to confront a tech talent shortage, keeping demand high for Indian professionals and reinforcing growth backed by India’s large STEM graduate base.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Electricity tariff reform could slash industry costs and restart profit cycles across key sectors

Electricity tariff reform could slash industry costs and restart profit cycles across key sectors

India’s Draft Electricity (Amendment) Bill, 2025, proposes ending cross-subsidies, enabling private distribution, and setting tariffs closer to actual costs. If implemented, industrial power bills—especially for energy-intensive players like steel, cement, aluminium, and data centres—could fall, lifting margins. States with currently “distorted” tariffs are expected to benefit the most from the reset.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Supreme Court Slams WhatsApp University as Sabarimala Religious Freedom Bench Hears Women Entry Case

Supreme Court Slams WhatsApp University as Sabarimala Religious Freedom Bench Hears Women Entry Case

The Supreme Court, hearing petitions tied to religious freedom and discrimination, said it respects learned opinions but dismissed “WhatsApp University” information as unreliable. The remarks came during proceedings before a nine-judge bench examining rules around women’s entry into temples, including the Sabarimala matter. Lawyers cited scholarly works while arguing how constitutional rights should apply.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Textile crisis looms for India as West Asia war lifts costs to dangerous levels

Textile crisis looms for India as West Asia war lifts costs to dangerous levels

India’s textile industry is bracing for a potential April shock as the ongoing West Asia conflict pushes up oil and raw-material costs. With margins under pressure and supply chains affected by price volatility, the sector’s ambitious growth targets are at risk, industry leaders warn.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Chandrayaan 3 moon landing sparks private investment optimism for India’s space boom

Chandrayaan 3 moon landing sparks private investment optimism for India’s space boom

India’s Chandrayaan-3 becoming the first mission to land on the Moon’s south pole is now being seen as a game changer for private investment. The landmark touchdown reportedly came at about 30% of the typical cost, strengthening confidence in India’s launch and mission ecosystem and encouraging more commercial players to bet on space ventures.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Govt recognised over 55200 startups in FY26 with record job creation jump

Govt recognised over 55200 startups in FY26 with record job creation jump

India’s government has recognised more than 55,200 startups in FY26, up 51.6% from the previous year. Direct jobs created by these startups rose 36.1%, reaching the highest single-year level since the Startup India initiative began in 2016, the government said. The surge underscores accelerating startup momentum and employment impact.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Adani buys Penna Cements for INR 10422 crore how it reshapes the infra strategy

Adani buys Penna Cements for INR 10422 crore how it reshapes the infra strategy

Adani is back in acquisition mode, agreeing to buy Hyderabad-based Penna Cements for INR 10,422 crore. The move raises the question of how cement assets strengthen the Adani Group’s broader infrastructure push, from controlling key inputs to supporting future construction demand. Analysts will be watching what this means for capacity, pricing power, and project timelines.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
OpenAI unveils Privacy Filter to erase PII on-device before any cloud upload

OpenAI unveils Privacy Filter to erase PII on-device before any cloud upload

OpenAI has released Privacy Filter, an open-source model that detects and redacts personally identifiable information before data ever leaves an enterprise environment. Built from a gpt-oss variant, it runs locally on laptops or in browsers and supports large 128,000-token inputs. The tool targets fast, high-throughput privacy pipelines, but comes with a caution against treating it as a full safety guarantee.

Summarised by Beize from a story on Venture Beat on 24 Apr 2026

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AI adoption chills entry level IT hiring while senior roles hold steady

AI adoption chills entry level IT hiring while senior roles hold steady

AI adoption is reshaping India’s IT hiring patterns. Companies are moderating entry-level hiring while keeping mid and senior roles largely stable, reflecting a shift toward domain knowledge plus AI capability. The report says productivity gains are strong as AI complements technical work, helping firms scale efficiently. However, AI training coverage remains limited, creating uneven readiness across the talent pipeline.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Health insurance coverage surges in rural India as government schemes expand access nationwide

Health insurance coverage surges in rural India as government schemes expand access nationwide

India’s health insurance coverage has risen sharply, with rural areas now outpacing urban centers in the share of people insured. The survey links the jump to expanding government schemes. However, it also reports continued out-of-pocket hospital spending. Hospitalisation is increasingly driven by infections, even as institutional deliveries reach nearly universal levels.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Tata Technologies and Bajaj Housing IPOs lose nearly half investor wealth after listing highs

Tata Technologies and Bajaj Housing IPOs lose nearly half investor wealth after listing highs

Two standout IPOs—Tata Technologies and Bajaj Housing Finance—have erased nearly half of investor wealth from their listing peaks. Tata Technologies’ decline is linked to concerns around client concentration, while Bajaj Housing Finance has faced a valuation reset in a tougher financial environment. The early pop is now being reined in by operational realities and changing market conditions.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
ITAT Chennai cancels Rs 10 lakh penalty for ESOP disclosure lapse in first year reporting

ITAT Chennai cancels Rs 10 lakh penalty for ESOP disclosure lapse in first year reporting

An employee was slapped with a Rs 10 lakh penalty for failing to disclose foreign ESOPs in his ITR. But the ITAT Chennai set aside the order, holding the omission was accidental and bona fide, especially since it was the first year the reporting requirement applied. The case highlights how intent and reporting context can swing tax penalties.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Strait of Hormuz traffic nearly stops again as attacks spike oil prices

Strait of Hormuz traffic nearly stops again as attacks spike oil prices

Attacks and threats have nearly halted all shipping through the Strait of Hormuz, disrupting oil flows and driving prices higher. The corridor has been weaponized before, including past threats from Iran, and even now some vessels continue to cross. With the wider war intensifying, energy markets are facing sharp shocks as supply risk grows.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
IIT Kharagpur launches AI mining centre funded with Rs 15 crore for smarter exploration and ESG

IIT Kharagpur launches AI mining centre funded with Rs 15 crore for smarter exploration and ESG

IIT Kharagpur has unveiled the Vikram Sodhi Centre of Excellence for AI-Enabled Geological & Mining Systems, backed by a Rs 15 crore commitment. The centre plans to embed AI across the mining lifecycle, from exploration and operations to ESG analytics, tackling a core challenge in mining: vast data with little actionable insight.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Bitcoin Holds Near 68000 as US Tariff Worries Persist and ETF Outflows Continue

Bitcoin Holds Near 68000 as US Tariff Worries Persist and ETF Outflows Continue

Bitcoin traded around $68,000 on Saturday, holding steady even as new U.S. tariff developments raised uncertainty and ETF outflows continued. Meanwhile, several major altcoins posted gains as sentiment improved. Analysts point to a strengthening technical setup, with Bitcoin testing key resistance levels and Ethereum consolidating near $1,960—both seen as primed for potential upside if breaks hold.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Varun Chakaravarthy hits 200 T20 wickets as KKR chase 156 in IPL 2026 thriller

Varun Chakaravarthy hits 200 T20 wickets as KKR chase 156 in IPL 2026 thriller

Indian spinner Varun Chakaravarthy reached 200 T20 wickets during IPL 2026 as KKR faced Rajasthan Royals. He struck in a key spell, finishing with three wickets while RR were limited to 155/9. With 156 runs needed, the match sets up a tense chase where Chakaravarthy’s milestone arrives in the middle of the action.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Quick commerce fashion startups promise delivery in hours but burn cash to chase shoppers

Quick commerce fashion startups promise delivery in hours but burn cash to chase shoppers

Venture-backed startups are trying to make fashion the next quick-commerce win, promising under-hour delivery in metro cities. But the model relies on steep discounts and deep cash burn to attract customers, while inventories are expensive and trends change fast. Investors remain optimistic about growth potential, yet long-term scalability is far from settled.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Banks are shifting from loans to mutual funds and it changes everything for savers

Banks are shifting from loans to mutual funds and it changes everything for savers

Banks that traditionally relied on deposits and wholesale funding to drive lending are increasingly parking money in mutual funds. The move helps manage returns and liquidity but also puts banks in direct competition for investors’ savings, where mutual fund investments can replace or reduce demand for bank deposits and loans. The result: a reshaped financial landscape.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Shorter Gen Z stays drive 40% replacement hiring in GCCs as AI talent demand surges

Shorter Gen Z stays drive 40% replacement hiring in GCCs as AI talent demand surges

Global capability centres in India are expanding rapidly, but recruitment is changing fast. Replacement hiring now makes up around 40% of hiring in Q4, pushed by Gen Z employees staying for shorter tenures. Companies are recalibrating to keep operations stable while growth continues. At the same time, demand for AI and platform engineering talent is rising, while talent shortages remain a major hurdle.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Chennai Metro axes CMRL travel card forcing switch to Singara Chennai Card

Chennai Metro axes CMRL travel card forcing switch to Singara Chennai Card

Chennai Metro Rail Corporation is phasing out the CMRL travel card and asking commuters to switch to the Singara Chennai Card, a National Common Mobility Card. The update is intended to enable smoother travel across India’s public transport network. Remaining balances can be transferred to the new card or converted into a QR Stored Value Pass.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Meta warns Australia teen ban pushes kids to less regulated apps

Meta warns Australia teen ban pushes kids to less regulated apps

Meta says Australia’s ban on social media for under-16s is backfiring by funneling teens into less regulated alternatives. The company points to Lemon8 and yope, which aren’t covered by the restrictions, as their downloads surge in Australia. Meta argues the shift could reduce safeguards and increase safety risks for younger users.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Coal power plants designed for imports now face trials with domestic blends

Coal power plants designed for imports now face trials with domestic blends

Trials are underway on 10 coal power units totaling about 18,000 MW to test whether plants originally built for imported coal can operate on local coal blends. The exercise focuses on operational feasibility, measuring effects on efficiency, combustion characteristics and equipment performance—key to shifting supply without compromising output.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Can ElasticRun turn D2C quick commerce into its most profitable growth engine yet

Can ElasticRun turn D2C quick commerce into its most profitable growth engine yet

ElasticRun is reshaping India’s quick commerce playbook by shifting from traditional B2B distribution to a D2C-led fulfilment model. As brands demand same-day and even two-hour delivery, the company decentralises inventory across cities and repurposes delivery stations into fulfilment centres—promising asset-light economics, better network utilisation, and lower working capital strain.

Summarised by Beize from a story on Inc42 on 24 Apr 2026
Elon Musk on tariffs and H1B visas on Nikhil Kamath podcast reveals surprising DOGE role

Elon Musk on tariffs and H1B visas on Nikhil Kamath podcast reveals surprising DOGE role

Tesla chief Elon Musk discusses tariffs, H-1B visas, and his unusual involvement with the newly referenced Department of Government Efficiency (DOGE) during Nikhil Kamath’s podcast. Musk calls it an “interesting side quest” that exposed how US government works. He also says he attempted to persuade Donald Trump that tariffs could harm the economy, but wasn’t successful.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
HPSEBL plans to recruit 2600 youth to plug field staff shortage across Himachal

HPSEBL plans to recruit 2600 youth to plug field staff shortage across Himachal

Himachal Pradesh has approved engaging more than 2,600 youth in the Himachal Pradesh State Electricity Board Limited to tackle a shortage of field personnel. Of the total, 1,602 will be hired as Bijli Upbhogta Mitras and 1,000 as T-Mates. The move is intended to strengthen on-ground power services across the state.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Dr Reddy’s shares slide as Goldman downgrades and Citi goes cautious on pipeline risks

Dr Reddy’s shares slide as Goldman downgrades and Citi goes cautious on pipeline risks

Dr Reddy’s shares dropped about 2% after Goldman Sachs downgraded the stock and Citigroup turned cautious. Brokerages pointed to limited growth visibility, pipeline concerns, and valuation risks, alongside generics pricing pressure. Citi also flagged muted near-term opportunities in semaglutide, prompting analysts to warn that downside risks may persist despite earlier optimism.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Genome map could reshape how India predicts and treats cancer

Genome map could reshape how India predicts and treats cancer

A new genome reference set built around India’s diverse ethnic groups could improve cancer modelling and treatment decisions. By cataloging genetic variants that are common in different populations, researchers can create more accurate disease risk profiles and therapies designed for India’s genetic reality rather than relying on data from other regions.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Sterlite Electric partners with Spanish RDT Lumiker to build real time smart cable monitoring systems

Sterlite Electric partners with Spanish RDT Lumiker to build real time smart cable monitoring systems

Sterlite Electric has teamed up with Spanish firm RDT Lumiker to produce advanced smart cable monitoring systems aimed at fast-growing power demand from AI and data centres. The technology will help utilities track asset performance and detect faults in real time, strengthening power transmission networks. Initial production is set for Spain, while a new facility is planned in India.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
DBS Bank India debuts relationship banking for mobile affluent customers with zero forex markup

DBS Bank India debuts relationship banking for mobile affluent customers with zero forex markup

DBS Bank India has launched DBS Aspire for emerging affluent Indians who move globally. The proposition targets customers with a ₹10 lakh relationship value or ₹2 lakh average savings balance and offers premium banking access, including a dedicated relationship manager and zero forex markup on international spends, positioning DBS as a long-term wealth partner.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
New criminal laws kick in July 1 with Zero FIR and faster trials

New criminal laws kick in July 1 with Zero FIR and faster trials

From July 1, 2024, India’s new criminal laws will replace colonial-era statutes with modern procedures, including Zero FIR and expedited trials intended to speed justice. Authorities are racing through training and tech upgrades, while critics flag risks from expanded police powers. The government says the reforms will improve fairness and ensure timely delivery of justice nationwide.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Trump sparks Fed chief dismissal debate Here’s what RBI governor removal law really allows

Trump sparks Fed chief dismissal debate Here’s what RBI governor removal law really allows

US President Donald Trump has drawn attention to whether the Fed chair could be removed after criticizing Jerome Powell for not cutting rates. While the debate continues in the US context, the bigger takeaway for India is how RBI governor removal is governed by specific legal protections and procedures, limiting who can act and under what conditions.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Rahane sets unwanted IPL record with 12th duck as KKR restrict Rajasthan to 155

Rahane sets unwanted IPL record with 12th duck as KKR restrict Rajasthan to 155

Kolkata Knight Riders skipper Ajinkya Rahane registered the IPL record for the most ducks as an opener, dismissed for a duck against Rajasthan Royals and making it a second consecutive failure. While Rahane struggled, KKR’s bowlers held Rajasthan to 155. Now KKR need 156 to win, with the chase looming over Rahane’s form.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
War driven costs and price curbs push India beer industry into major trouble

War driven costs and price curbs push India beer industry into major trouble

India’s beer industry is facing “major trouble” as war-related cost spikes, supply chain disruptions, and government pricing controls squeeze margins. United Breweries CEO Vivek Gupta says support is needed to keep growth and innovation alive. On the ground, consumers are trading down to cheaper options and buying smaller pack sizes, worsening demand pressure.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
GIFT City added 70 fund managers but hiring pipeline looks thin for talent

GIFT City added 70 fund managers but hiring pipeline looks thin for talent

GIFT City has surged in fund-management presence, with over 70 new entities setting up shop last year and the total reaching 202. The puzzle now is workforce readiness: where will the qualified professionals to run, manage, and comply with these operations come from as the ecosystem expands at pace?

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
NCDRC pierces corporate veil to force Ansal refund to homebuyers

NCDRC pierces corporate veil to force Ansal refund to homebuyers

The NCDRC has taken an unusually firm step against Ansal Properties and its affiliate Ansal Hi-Tech Township by effectively dissolving the corporate barrier between them. The move follows repeated non-compliance with earlier orders demanding refunds to aggrieved homebuyers, signaling tougher enforcement when builders try to hide behind complex corporate structures.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Sensex wobbles after testing support zone now traders wait for new signals

Sensex wobbles after testing support zone now traders wait for new signals

After hitting a low of 12,514, the Sensex has tested the 12,800–12,000 support zone and then tried to bounce with a corrective rally. While the rebound attempt offers hope, analysts urge investors to wait for fresh signals before turning bullish, implying volatility remains a key risk until the market confirms a clearer trend.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Harmanpreet Kaur says India’s T20 World Cup mistakes were exposed at just the right time

Harmanpreet Kaur says India’s T20 World Cup mistakes were exposed at just the right time

India captain Harmanpreet Kaur called the team’s recent 0-3 T20 series defeat to South Africa a “right time” learning experience ahead of the Women’s T20 World Cup in June. With two matches still remaining in the five-game series, she said the squad can fix shortcomings and come back stronger, using the losses to sharpen plans.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Sri Lanka to ban predatory pet fish piranhas escape and snakeheads multiply in lakes

Sri Lanka to ban predatory pet fish piranhas escape and snakeheads multiply in lakes

Sri Lanka will ban four species of predatory ornamental fish after they escaped into rivers and lakes, where they’re harming native species and stressing fragile freshwater ecosystems. The fisheries minister cited rapidly multiplying snakeheads in a northwestern lake and warned that larger predators like piranhas could continue to devastate local biodiversity.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Govt mulls IBC operational overhaul as experts push AI and virtual creditor meetings

Govt mulls IBC operational overhaul as experts push AI and virtual creditor meetings

India’s government is considering operational changes to the Insolvency and Bankruptcy Code after an expert panel’s recommendations. The panel urges broader use of digital tools— including virtual meetings of the committee of creditors and deployment of AI—arguing they save time and can remain even once normal operations fully resume.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Labour reforms 2.0 set to reshape India Inc with platform rules and stronger worker protections

Labour reforms 2.0 set to reshape India Inc with platform rules and stronger worker protections

India’s new Labour Code aims to simplify regulations while bringing informal and gig workers into a more formal framework. It promises better security and fairer pay, with enhanced protections for employees. For businesses, especially in organized sectors, the reform is expected to reduce red tape and boost flexibility, alongside specific rules for platform companies.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Pay Point India becomes first fintech to join RBI centralised payment systems directly

Pay Point India becomes first fintech to join RBI centralised payment systems directly

Pay Point India has become the first fintech to join RBI’s Centralised Payment System, gaining direct access to RTGS and NEFT. The move cuts reliance on partner banks and may streamline settlement and improve speed for transactions. For the fintech sector, it signals deeper integration with core RBI payment rails and a potential shift in how smaller players operate.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Maggi crisis to market surge Nestle India chief exits after a decade

Maggi crisis to market surge Nestle India chief exits after a decade

Suresh Narayanan’s decade at Nestlé India has spanned the Maggi crisis and a subsequent turnaround that helped reshape the company’s footprint and valuation. Now he is stepping aside as Manish Tiwary takes charge of Nestlé’s India business. The question is what new priorities will define the next chapter for the global food giant.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Chalet Hotels to buy Udaipur resort in Rs 171 crore deal

Chalet Hotels to buy Udaipur resort in Rs 171 crore deal

Chalet Hotels Limited is set to acquire Seasons Hotels Private Limited, which owns Inder Residency Resort & Spa in Udaipur. The transaction is valued at Rs 171 crore for the 144-room property. The move will mark Chalet Hotels’ entry into Udaipur, with plans to upgrade the resort into an upper upscale destination aimed at attracting higher-end travelers.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Godrej Properties shifts to upfront land buying as debt fears shake investors

Godrej Properties shifts to upfront land buying as debt fears shake investors

Godrej Properties built a broad Indian footprint without overburdening its balance sheet, but its stock fell after Q2 earnings amid worries about rising debt. The shift to an upfront land-acquisition model could lift profitability if the firm successfully monetises those purchased assets—though results will depend on key execution factors.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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