Bata India said there is room for improvement in inventory reduction as the footwear maker focuses on efficiency. “Inventory, while I would say 70% or 75% of the job is…
Category: Companies
Sebi flags ₹15 trillion misstatement in Rajesh Exports accounts
MUMBAI: The Securities and Exchange Board of India (Sebi) has alleged that Rajesh Exports Ltd misrepresented nearly all of its revenue over five financial years, raising serious questions over the…
Israeli startup Coralogix raises $200 mn, to allocate 20% to India biz
Israeli data analytics startup Coralogix has raised $200 million in its Series F round, led by Advent International, the Canada Pension Plan Investment Board and Greenfield, with participation from Brighton…
Why FirstCry excelled at selling diapers but hasn’t quite cracked the pre-school code
When Aparna Krishnan, a Bengaluru-based executive, began looking for a preschool for her toddler, FirstCry Intellitots was one of the names that appeared on her radar. She, however, did not…
Apollo’s Suneeta Reddy warns 22% of Young India is metabolically unwell
India’s young population may be powering the country’s economic growth story, but a worsening metabolic health crisis is rapidly emerging beneath that demographic advantage, a reality Apollo Hospitals says is…
Aurobindo Pharma sets up TheraNym, a dedicated biologics contract manufacturing body
Aurobindo Pharma inaugurated TheraNym, a dedicated biologics contract manufacturing organisation (CMO), marking its foray into biologics contract manufacturing. The Hyderabad-based company hopes to harness the global potential in the biologics contract…
Kotak Alts secures final close of $1 billion for 14th real estate fund
Kotak Alternate Asset Managers, the alternative assets arm of the Kotak Group, has achieved the final close of its 14th real estate fund at approximately $1 billion. The fund is…
Netradyne to provide AI-powered solutions for highways for EVs
Netradyne has joined hands with the National Highways for Electric Vehicles (NHEV) to provide real-time fleet visibility, predictive risk detection, driver behaviour insights and operational monitoring for commercial EVs travelling…
Apple agrees to provide financial details of India operations to CCI in antitrust case: What it means for iPhone maker
iPhone-maker Apple has agreed to provide financial information related to its India operations to the Competition Commission of India (CCI), marking a significant step forward in a long-running investigation that…
Kotak Alts raises ADIA-anchored $1 bn real estate fund
Kotak Alternate Asset Managers Ltd (Kotak Alts), the alternative assets arm of the Kotak Group, has achieved the final close of its 14th real estate fund at $1 billion, anchored…