The government on Wednesday proposed a slew of changes to the insolvency law, including fast-tracking the process and expanding the scope of pre-packaged framework. The Insolvency and Bankruptcy Code (IBC),…
Category: Companies
Genetic diagnostic firm MedGenome says it’s evaluating inorganic growth, to target emerging markets
MedGenome, a domestic genetic diagnostic company, is considering inorganic growth to boost its business in emerging markets. The company currently has a comprehensive genetic diagnostic portfolio of more than 1,300…
HUL to ITC, why FMCG biggies are seeking wealth in health
Salt-to-cigarettes conglomerate ITC Ltd. is picking up a significant stake in the homegrown start-up Sproutlife Foods Pvt. Ltd. (SFPL) that owns popular health food brand Yoga Bar. The Kolkata-headquartered major…
Adani Enterprises’ Rs 20,000-cr FPO from Jan 27-31
Adani Enterprises, Adani Group’s flagship firm, on Wednesday has sought Rs 20,000 crore through follow-on public offer before the Union Budget on February 1, as per the prospectus issued on…
Blue Tokai raises $30 million in Series B funding led by A91 Partners
Specialty coffee start-up Blue Tokai has raised $30 million in Series B funding led by A91 Partners. The list of participants in the round included White Whale Ventures, and existing…
Infosys Foundation announces awards for social entrepreneurs; to commit up to Rs 50 lakh per winner
Infosys Foundation, the CSR arm of IT major Infosys, on Wednesday announced the launch of the third edition of its Aarohan Social Innovation Awards. With this, Infosys Foundation is inviting…
IT major Infosys ranked among top 3 IT services brands in the world
IT major Infosys has announced that it has been ranked among the top three most valuable IT services brands globally by Brand Finance. With a growth of 84 per cent in…
Netflix set for slowest revenue growth as ad plan struggles to gain traction
Netflix Inc is expected to report its slowest quarterly revenue growth on Thursday as its ad-supported plan struggles to attract customers in the saturating U.S. market, which could pressure the…
From heritage whisky to craft gin, Radico Khaitan launches 4 premium brands in Assam
India’s major liquor manufacturer Radico Khaitan has launched its four power brands in Assam. At an event in Guwahati on January 11, the company unveiled premium brands – Royal Ranthambore…
RPSG-owned Spencer’s Retail is all set to launch new hypermarket chain
Spencer’s Retail, part of RP-Sanjiv Goenka Group (RPSG), is all set to unveil its brand new hypermarket chain called “Spencer’s Value Market”. These new stores are designed as a one-stop…