Godrej Industries group on Monday said it has signed a pact with the government of Haryana to invest ₹20,000 crore ($2.09 billion) in the northern state, expanding its presence in…
Category: Companies
Chennai’s Congruence Holdings to expand to 300 outlets across South India
-based Congruence Holdings, a consumer technology company offering services spanning the retail, repair and upgrading of electronic products plans to expand its retail and service network to 300 outlets by…
Aurobindo arm’s facility in US gets 4 observations from USFDA
The United States Food and Drug Administration (USFDA) has concluded a routine inspection at Lannett Company LLC, a wholly owned step-down subsidiary at Seymour with four observations. “The inspection concluded with…
Oriental Hotels to merge with IHCL in all stock deal
which owns Taj properties in Chennai is merging with . OHL is an associate compay IHCL and has a portfolio of seven hotels with 825 rooms. This includes freehold…
Holtec International keen to set up SMR manufacturing facility in Gujarat
United States-based nuclear technology company Holtec International has expressed interest in setting up a manufacturing facility for Small Modular Reactors (SMRs) and a research and development centre in Gujarat, as…
Glenmark Pharma US subsidiary agrees to $15.28 million settlement with Humana in generic drug antitrust case
Glenmark Pharmaceuticals Ltd’s US subsidiary has agreed to pay $15.28 million to settle antitrust litigation with Humana Inc. involving allegations of price-fixing, market allocation and other anti-competitive conduct related to…
Honasa bets on younger brands, new categories after Q1 profit doubles
Honasa Consumer Ltd, the parent company of Mamaearth, Aqualogica and The Derma Co, is looking to make its younger brands bigger growth engines and enter new beauty categories after more…
How Mahindra Group built an electric unicorn ahead of 2027 IPO
Mahindra & Mahindra Ltd and external investors have put more than ₹2,200 crore into building Mahindra Last Mile Mobility (MLMM), helping it rapidly scale electric three-wheeler sales. The result: a…
For AI startups, venture capital shifts focus from growth to durable margins
Venture capital firm Accel, which has backed Flipkart, Swiggy and Freshworks, says generative artificial intelligence (AI) has fundamentally changed the metrics Indian investors have relied on for over a decade…
Accel returns to India market with $550 million fund, betting on AI-led startup wave
Venture capital firm Accel on Wednesday announced its ninth India-focused early-stage fund, with $550 million in commitments, less than 18 months after closing its previous $650 million vehicle. The new…