Wednesday, October 07
Mumbai: Allied Blenders and Distillers Ltd (ABD) said it has acquired global rights for Mansion House and Savoy Club brands from UTO Asia for $1.2 million.The deal excludes territories such as Singapore, Malaysia, Indonesia, Philippines, Thailand, Cambodia, Vietnam, Laos, China, and Myanmar."The acquisition of UTO Asia and the associated ownership of worldwide right, title interest in the Mansion House and Savoy Club brands aligns with ABD's strategic expansion objectives, allowing it to gain full control over the Mansion House and Savoy Club brands on a global scale, while specifically addressing regional interests in key markets," it said in a BSE filing. In India, Tilaknagar Industries Ltd and ABD are involved in a trademark dispute over these brands. While Tilaknagar holds exclusive ri
TVS Motor Company has launched the updated 2025 TVS Apache RTR 200 4V, celebrating 20 years of its popular Apache lineup. The new model comes with OBD2B compliance, updated features, and performance enhancements, priced from ₹1,53,990 (ex-showroom Delhi).The latest iteration not only adheres to stricter emission norms through OBD2B (On-Board Diagnostics) compliance but also gets performance and safety upgrades, making it more appealing to next-generation riders. The motorcycle retains its 20.8PS peak power at 9,000 rpm and 17.25 Nm torque at 7,250 rpm, now supported by improved ride handling and modern features.Key upgrades include:37 mm upside-down front forks for sharper handlingHydro-formed handlebar for better controlThree ride modes – Urban, Sport and RainDual-channel ABS for enha
Operating under pressure, Gold June futures contracts at MCX opened lower by Rs 723 or 0.74% at Rs 96,397/10 grams after ending on a positive note in the previous session.The prices of the yellow metal have now fallen by Rs 2,800/10 grams, from its recent high of Rs 99,214/10 grams. Meanwhile, silver July futures contracts, opened slightly lower by Rs 563 or 0.53% at Rs 1,06,524/kg, after hitting a new all-time high of Rs 1,07,171/kg.On Monday, gold and silver settled on a positive note in the domestic and international markets. Gold August futures contract settled at Rs 97,173 per 10 grams with a gain of 0.14%, and silver July futures contract settled at Rs 1,07,087 per kilogram with a gain of 1.54%.Gold and silver prices showed high volatility at the start of a new week. Gold prices plun
