Nestlé India has announced the next step in its retail expansion with the launch of its first-ever Nespresso store in Mumbai at Jio World Drive, Bandra Kurla Complex. This is…
Category: Companies
Malabar Gold & Diamonds seeks measures to support Gold Monetisation Scheme
Malabar Gold & Diamonds has submitted a comprehensive proposal to the Government recommending strategic enhancements to the Gold Monetisation Scheme (GMS). The jeweller appealed for responsible gold consumption and the…
SpiceJet moves Supreme Court against ₹144.5 crore deposit order in Maran dispute
NEW DELHI: Budget carrier SpiceJet has moved the Supreme Court challenging a Delhi High Court order directing the airline to deposit ₹144.5 crore in its long-running dispute with Kalanithi Maran…
Sugar Cosmetics seeks ₹100-150 crore rescue funding at steep valuation cut
MUMBAI: Sugar Cosmetics, once among India’s fastest-growing beauty startups, is seeking a sharply discounted funding round after an aggressive offline expansion and slowing sales growth strained its finances, according to…
JBM Auto doubles down on electric vehicles push in strategic shift from auto components manufacture
is sharpening its focus on electric mobility, with its board renaming the OEM Division as the ‘EV Business’, signalling a strategic shift from a traditional auto components maker to an…
Black Box completes acquisition of Brazilian company 2S Inovações Tecnológicas S.A.
the technology arm of Essar, today announced the completion of its acquisition of 2S Inovações Tecnológicas S.A., a Brazil-based provider of digital infrastructure, data center networking, cloud, cybersecurity, and managed…
Jio Platforms appoints Akash Ambani as managing director ahead of IPO
Ahead of its initial public offering (IPO), Jio Platforms Limited has appointed Akash M. Ambani as its managing director for five years, effective 9 April, according to disclosures seen by…
A third legal salvo against Tata Trusts ahead of key 16 May meeting
Bengaluru and Mumbai: A 37-year-old transfer of shares of Tata Sons from a trust to the late Naval Tata—later inherited by his sons, Tata Trusts chair Noel Tata, the late…
Aditya Birla Health bets on wellness incentives to improve claims ratios
Aditya Birla Health Insurance Co. Ltd wants to position itself as an influencer, using wellness incentives to boost customer engagement, cost efficiencies and claims ratios. “Our thesis is very clear…
Actis restarts Nxt-Infra sale process, appoints Ambit
General Atlantic-owned infrastructure investor Actis LLP is looking to cash out, fully or partly, from its listed Indian roads platform Nxt-Infra Trust, two people aware of the matter told Mint.…