GMB insolvency: Borosil exits loss-making German unit GMB, focus shifts to India’s booming solar glass market – Times of India

GMB insolvency: Borosil exits loss-making German unit GMB, focus shifts to India’s booming solar glass market – Times of India

Borosil Renewables has moved to exit its German solar glass business, with its step-down subsidiary GMB Glasmanufaktur Brandenburg GmbH filing for insolvency, as the company shifts focus to the fast-growing Indian solar glass market.In a regulatory filing, Borosil said GMB has applied for the commencement of insolvency proceedings before the Insolvency Court in Cottbus, Germany,…

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Consumer electronics reshuffle: Panasonic exits refrigerators and washing machines segment in India, to focus on HVAC and B2B – Times of India

Consumer electronics reshuffle: Panasonic exits refrigerators and washing machines segment in India, to focus on HVAC and B2B – Times of India

Japanese electronics major Panasonic has exited India’s refrigerator and washing machine segments as part of a global restructuring strategy, marking a shift toward more profitable and future-ready verticals such as HVAC, B2B, and home automation.The two segments had been loss-making for the company in India, where it struggled to gain market share. According to GfK…

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Rakesh Jhunjhunwala family fully exits Nazara Technologies – Times of India

Rakesh Jhunjhunwala family fully exits Nazara Technologies – Times of India

BENGALURU: The family of late investor Rakesh Jhunjhunwala has fully exited its stake in Nazara Technologies through open market transactions on Friday..According to stock exchange disclosures, Rekha Rakesh Jhunjhunwala, executor to the estate of late Rakesh Jhunjunwala, sold 27.2 lakh shares, worth Rs 333.8 crore, through bulk deals in the open market executed on both…

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TikToker Khaby Lame exits US after ICE detainment over visa issue

TikToker Khaby Lame exits US after ICE detainment over visa issue

Khaby Lame, the world’s most-followed TikTok personality, has left the United States after being detained by immigration authorities in Las Vegas for overstaying his visa. US Immigration and Customs Enforcement (ICE) confirmed that the Senegalese-born, Italian influencer, whose full name is Seringe Khabane Lame, was held at Harry Reid International Airport on Friday. Lame, who…

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Elon Musk exits DOGE, criticises Trump’s ‘big beautiful bill’ as spending mistake

Elon Musk exits DOGE, criticises Trump’s ‘big beautiful bill’ as spending mistake

Elon Musk has announced his departure from the Department of Government Efficiency (DOGE) just a day before his 130-day mandate ends. During his tenure, DOGE estimated $160 billion in federal savings. Musk criticised Trump’s proposed legislation, calling it a ‘massive spending mistake’ that would increase the federal deficit. Trump defended the bill as ‘big and…

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