Adani Wilmar Limited (AWL), one of the companies under the ports-to-oil conglomerate Adani Group, has launched Kohinoor Hyderabadi Biryani Kit as part of their expansion of the ready-to-cook range. The…
Category: Companies
India’s semiconductor dream: Stiff competition lies ahead; can the country succeed?
What’s the most critical piece of electronics in the modern world? No prizes for guessing—it’s the chip, a tiny slice of silicon that has billions of integrated circuits wired into…
‘Market rumour’: Adani Enterprises clarifies on $3-bn credit from sovereign wealth fund
Adani Enterprises Ltd on Thursday clarified that it hasn’t secured $3-billion credit from sovereign wealth fund and that it “appears to be a market rumour”. “We would like to clarify…
Swiggy pulls out of cloud kitchen business, sells vertical to Kitchens@ in share swap deal
Food delivery major Swiggy has sold off its cloud kitchen business to Kitchens@ as the SoftBank-backed company looks to dispose of nonviable business verticals. Cloud kitchen operator Kitchens@ acquired Swiggy’s…
RCap resolution: NCLAT allows lenders’ plea for another round of bidding
The National Company Law Appellate Tribunal (NCLAT) on Thursday allowed a petition filed by lenders of Reliance Capital seeking another round of auction for the debt-ridden firm undergoing insolvency process.…
Reliance Industries, Tata Power bid for $2.4 billion solar module incentive
Mukesh Ambani-led reliance-energy-head-anant-ambani-celebrates-employees-birthday-on-private-jet-latter-touches-his-feet-watch-viral-video-24372-28-02-2023″>Reliance Industries Limited and Tata Power will be fighting for a $2.4 billion financial incentive scheme to promote domestic solar module manufacturing and reduce dependence on imported panels…
Supreme Court on Adani fiasco: Nandan Nilekani, KV Kamath part of six member committee; check details
The Supreme Court (SC) has set up a six-member committee on the issue arising from the report published by the US-based short seller Hindenburg Research on the Adani Group companies.…
‘Truth will prevail’: Gautam Adani says Adani Group welcomes Supreme Court’s probe order
Gautam Adani, Chairman of the Adani Group, stated on Thursday that the conglomerate welcomes the Supreme Court’s order on the Adani-Hindenburg case. Adani has been denying all the allegations made…
BYJU’S, Meesho-backer B Capital closes $500 mn healthcare fund for investments in US, Asia
– B Capital’s current global healthcare portfolio includes over 20 companies in the US, Asia and Europe. – India healthcare bets includes Mojocare and PharmEasy. – B Capital other investments…
Adani-Hindenburg case: SC tells Sebi to finish probe within two months
The Supreme Court has told the Securities and Exchange Board of India (SEBI) to finish the probe into the Adani Group-Hindenburg saga within a period of two months. The Supreme…