Maker of Modern Bread sold to Mexican baking major

Private equity player Everstone Capital has sold Modern Foods, which it had taken over in early 2016 from Hindustan Unilever, to Mexican baking major Grupo Bimbo for an undisclosed sum. Everstone......

Why India's milk producers are angry

'Milk prices have reduced by 20 to 30 per cent while production has been steadily going up.''Overproduction of milk is resulting in a price crash and slashing of profit margins.''While dairy......

Narendra Murkumbi quits as vice chairman, MD of Shree Renuka Sugars

IMAGE: Narendra Murkumbi. Photograph: Courtesy, Shree Renuka Sugars' website. Murkumbi will continue to retain his post till the stipulated notice period of 90 days or completion of open......

World's 10 richest business tycoons

Image: Bill Gates remains the world’s richest man. Photograph: Suzanne Plunkett/Reuters     The world is richer with a record number of 1,826 billionaires with an aggregate net......

Spanish prosecutors DROP fraud charges against Neymar

IMAGE: Neymar leaves the courtroom in Barcelona on Monday, October 17, 2022, after standing trial on fraud and corruption charges over his transfer to FC Barcelona from Santos in......

Trump blasts PGA Tour for plan to move Miami golf tournament to Mexico

IMAGE: Presidential candidate Donald Trump. Photograph: Al Bello/Getty Images. Republican presidential candidate Donald Trump, a golf resort developer who has railed against Mexico in the 2016......

Brazil court freezes Neymar's yacht and jet, among other assets over tax fraud

IMAGE: Brazil and FC Barcelona forward Neymar poses next to his privately owned jet. Photograph: Neymar Jr/Instagram Brazilian authorities have blocked assets of Barcelona star Neymar, including a......

Rio cancels contract for Olympic tennis centre due to delays

IMAGE: Workers walk inside the Deodoro Sports Complex for the Rio 2016 Olympic Games in Ricardo de Albuquerque neighborhood in Rio de Janeiro (Image used for representational purposes).......

US charges Honduran football club chief with laundering drug money

Players of Club Deportivo Marathon during training session. Photograph: Facebook The president of a top Honduras football club and two family members were charged by US authorities on Wednesday......