BUSINESS

BUSINESS

Archies Unveils AMA: An Enchanting Mascot and Expands into Kid Category

August 25, 2023

Archies, a trailblazer in the social expression industry unveils its charming brand mascot, AMA. Demonstrating Archies ongoing commitment to innovation...

KKR to invest ₹ 2,069.50 crore in Reliance Retail Ventures Limited at an equity value of ₹ 8.361 lakh crore; to increase equity stake from 1.17% to 1.42% .KKR’s follow-on investment in RRVL reaffirms its belief in the market opportunity and reliance retail's business model

BUSINESS

Reliance Industries Partners with Oberoi Hotels

by Ayushi

August 24, 2023

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Reliance Industries, a prominent conglomerate, has announced a strategic collaboration with Oberoi Hotels and Resorts to jointly manage three luxury...

Subway is being sold to Roark Capital for $9.55 billion, ending a competitive auction and coming with conditions.

BUSINESS

Subway Agrees to $9.55 Billion Sale to Roark Capital

by Ayushi

August 24, 2023

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Subway, a well-known sandwich chain with global reach, is in the process of being acquired by private equity firm Roark...

The merger had received approval from the boards of IDFC and IDFC First Bank in July 2023. For the amalgamation to come into effect, both the entities require nods from SEBI, RBI, NCLT and other regulatory bodies.

BUSINESS

CCI Seeks Public Comments on Settlement Schemes

by Ayushi

August 24, 2023

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The Competition Commission of India (CCI) has initiated a process of seeking public comments on two new schemes that offer...

Against the backdrop of broader economic concerns, Indian investors are looking at trusted areas, with a focus on mitigating risks, industry leaders emphasized at the Mint India Investment Summit 2024

BUSINESS

Navi Finserv Raises Funds with Citi India and Northern Arc

by Ayushi

August 24, 2023

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Navi Finserv Ltd, led by Sachin Bansal, announced that it has successfully raised ₹163 crore in a securitization transaction involving...

The projects will be implemented under joint venture mode and are expected to create significant employment opportunities.

BUSINESS

NHPC Collaborates with APGENCO for Clean Energy

by Ayushi

August 24, 2023

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NHPC Limited, India's premier hydropower company, has taken a significant step towards advancing green and clean energy by signing a...

10 stretches of highways with the aggregate length of about 890 km monetization

BUSINESS

NHAI: Wider Adoption of Surety Bonds for Infrastructure Projects

by Ayushi

August 24, 2023

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The National Highways Authority of India (NHAI) recently organized a high-level meeting to discuss the potential and challenges of adopting...

Hardeep Singh Puri said that the Centre lowered the excise duty on the transport fuels in Nov 2021 and May 2022, which was followed by reduction in VAT by BJP-ruled states

BUSINESS

Petroleum Partnership: Numaligarh Refinery and Inland Waterways

by Ayushi

August 24, 2023

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Numaligarh Refinery Ltd (NRL) and the Inland Waterways Authority of India have joined forces through a memorandum of understanding (MoU)...

BUSINESS

K.V. Karthik of Tamil Nadu’s Deccan Industries Elected President of Indian Pump Manufacturers Association

by Biz Desk

August 24, 2023

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Mr K.V. Karthik, Managing Director, Deccan Industries, one of India's leading pump manufacturing companies, headquartered in Coimbatore, has been elected...