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25.10.25 - 03:18
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′MNCs come to India to take part in consumption story′ (Times of India)
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Orkla India, the maker of MTR Foods, is set to debut on the public market on November 6, seeking a valuation of Rs 10,000 crore. This move, an Offer for Sale (OFS), aims to establish value and enable more significant acquisitions. The company emphasizes this listing signifies a commitment to India and accelerating value creation, not an exit....
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23.10.25 - 05:24
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Levi′s CEO Michelle Gass bets on India, China and women′s fashion to grow the brand to $10 billion (CNBC)
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From miners to musicians, Levi's has outfitted generations for over 170 years. But what does it take to keep an American denim icon relevant in a global, fast moving and fashion forward world? In an exclusive interview with Levi Strauss & Co.'s CEO Michelle Gass, Managing Asia's Christine Tan heads to Tokyo, a global hub for denim culture, to find out how the company's first female CEO is making bold and difficult moves to transform Levi's into the denim lifestyle brand....
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07.10.25 - 08:12
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Fast-fashion recycling: how ′the castoff capital of the world′ is making Indian factory workers sick (The Guardian)
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Reports of lung disease, skin conditions and even cancer are rising in Panipat, which recycles 1 million tonnes of textile waste a yearThe air inside Panipat's recycling factories is heavy with lint that glints in the light before settling over every surface like a film of dirty snow. At her work station, 27-year-old Neerma Devi cuts through collars and seams, tugging sleeves apart and feeding scraps of used clothes into a roaring machine. Each cut unleashes another cloud of lint into the room. Her dupatta is wound tightly across her face to stop her breathing in the fibres, but she says it does little. By the end of her shift, her chest is tight and her skin itches, and some nights she is left choking for breath.This suffocating world is the backbone of a global trade. Panipat, in north India, is known as the “castoff capital of the world”. Shipments of discarded clothing from Europe, North America and east Asia are shredded here by thousands of workers, spun back into yarn and woven into rugs, thro...
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19.09.25 - 08:24
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Unilever′s new CFO: Indian-origin Srinivas Phatak appointed - Who is he? (Times of India)
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Unilever has officially appointed Srinivas Phatak, an India-born executive, as its Chief Financial Officer, effective immediately. Phatak's promotion follows his role as Acting CFO and marks a significant step in his 25-year career with Unilever. He succeeds Fernando Fernandez, who transitioned to CEO, joining a growing number of Indian-origin leaders in top finance positions at global corporations....
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