Mumbai: From technology to automobiles to pharmaceuticals, Indian companies are scaling up their global ambitions like never before. They are using large acquisitions overseas to quickly scale, deliver higher value…
Category: Companies
Major outbound deals by Indian companies
Sun Pharmaceutical Industries Ltd’s proposed acquisition of US-based Organon & Co for an enterprise value of ₹11.75 billion marks the largest-ever overseas acquisition in the pharma sector by an Indian…
EV fleet registrations fall 25% as ‘Anti-Burn’ Model takes hold; Tata leads entry segment
India’s electric fleet market is slowing in new additions even as operators rethink how the business is being built. New EV registrations for fleet usage fell 25 per cent year-on-year…
Mahindra Holidays & Resorts India Q4 profit down 43% to₹41.49 cr
Mahindra Holidays & Resorts India Ltd on Monday reported a 43 per cent decline in consolidated profit after tax to ₹41.49 crore in the fourth quarter ended on March 31,…
MRPL, ONGC, OpaL form JV to integrate petrochemicals marketing
Mangalore Refinery and Petrochemicals Ltd (MRPL), Oil and Natural Gas Corporation Ltd (ONGC), and ONGC Petro additions Ltd (OpaL) have formed a joint venture (JV) company to integrate the petrochemicals…
Aye Finance Q4 profit jumps over 2-fold to ₹86 crore
NBFC Aye Finance on Monday reported a more than two-fold jump in net profit to ₹86 crore for the fourth quarter ended March 31. The had earned net profit of…
Beyond the brew: Third Wave, Barista, Starbucks bet on desserts, diners, new experiences to lift margins
BENGALURU: India’s café chains are moving beyond traditional coffee-led formats and experimenting with dessert-focused concepts, hybrid cafés and experience-led stores to drive higher engagement and spending. Last week, Westbridge Capital-backed…
₹1,200 crore deal: Nvidia leases massive Bengaluru office space amid AI boom
Bengaluru: Nvidia’s Indian subsidiary has leased a 7,60,000 sq ft office space in Bengaluru’s Bagmane Capital, as global tech giants expand their AI research and development presence in the country.…
Chhattisgarh boiler blast: Vedanta chief says operations and maintenance entrusted to NTPC-GE
, Nearly two weeks after Chhattisgarh power plant blast killed 25 people, Vedanta Chairman Anil Agarwal on Monday said the entire responsibility for the operations and maintenance (O&M) of the…
LANXESS commissions new blending facility in Gujarat
LANXESS, a leading speciality chemicals company, has inaugurated a new blending plant at its chemicals manufacturing site in Jhagadia, Gujarat. As part of the first phase of development, the facility…