Campus Shoe Company Private LTD Details

Campus Shoe Company Private LTD News

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  Nestle replaces CEO Schneider with company veteran Freixe

  Nestle has announced the replacement of its CEO Mark Schneider with Laurent Freixe, a company veteran, effective from Sept. 1. Schneider, who led the company for eight years, decided to step down amid recent sales challenges. Freixe plans to focus on core brands to drive growth, marking a shift in strategy.

  

  Bajaj Auto to hike provision for deferred tax by Rs 211 cr post indexation benefit withdrawal

  Bajaj Auto Ltd has stated a need to hike its deferred tax provision by Rs 211 crore due to recent changes in tax regulation on debt mutual funds. The company will adjust its accounting provisions to reflect the withdrawal of indexation benefits and a revised tax rate. This adjustment will impact Q2 FY25 financial results.

  

  View: New Starbucks CEO Brian Niccol could finally tame Howard Schultz

  Starbucks named Brian Niccol as its new CEO and chairman, known for his successful turnaround at Chipotle. Despite his departure from the board, former CEO Howard Schultz continues to exert influence, impacting company decisions. Schultz's ongoing involvement and criticism of his successors pose challenges for the new leadership. The company's decision to offer Niccol the dual role aims to address these issues, but it also raises governance concerns. The transition underscores the struggle to balance Schultz's legacy with the need for independent, forward-looking leadership at Starbucks.

  

  Reliance Power Q1 Results: Net loss narrows to Rs 98 crore

  Reliance Power on Wednesday said its consolidate loss narrowed to Rs 97.85 crore during the June 2024 quarter, on account of improved income. It had reported a loss of Rs 296.31 crore in the April-June period of the preceding 2023-24 financial year, the company said in a regulatory filing.

  

  RHP-type disclosures can make annual reports more useful

  The article highlighted the value of mandatory, detailed disclosures in annual reports, akin to those in IPO documents, for better risk assessment. This includes details on risk factors, customer and supplier concentrations, and peer comparisons. It emphasized that older, long-listed companies' stakeholders would greatly benefit from such consistent and comprehensive information.