The Enforcement Directorate has attached fresh assets worth ₹3,034 crore as part of its ongoing money laundering probe against the Reliance Anil Ambani Group (RAAG) companies, sources said. The sources…
Category: Companies
Mitsu Chem Plast ventures into Intermediate Bulk Container manufacturing
Mitsu Chem Plast, a leading certified manufacturer of polymer-based moulded products, has made a strategic foray into the Intermediate Bulk Container (IBC) vertical. The company is setting up a modern,…
DOMS takes stationery off the shelf at Mumbai Kids Expo
DOMS Industries Limited participated in Kids Expo 2026 at the World Trade Centre, Cuffe Parade, Mumbai, on April 25–26, setting up an interactive stall designed to engage children directly with…
Peak XV fully exits MobiKwik in ₹130-crore block deal after RBI nod for NBFC licence
Venture capital and growth investing firm Peak XV Partners has fully exited One MobiKwik Systems Ltd through an over ₹130-crore block deal, selling its remaining stake shortly after the fintech…
Native logic: Urban Company bets on Diwali launch of AC-purifier hybrid to scale consumer durables business
BENGALURU: Urban Company Ltd plans to launch an air-conditioner-cum-air purifier ahead of Diwali this year, according to two people with direct knowledge of the matter, as the quick-services platform expands…
Bain Capital-backed Dhoot Transmission acquires Multilink to boost electronics manufacturing
Mumbai: Bain Capital-backed automotive component manufacturer Dhoot Transmission Ltd has acquired Multilink Pvt. Ltd., which makes electronics and electrical products for two- and three-wheeler makers in India, the companies said…
Peak XV fully exits Mobikwik in ₹130 crore block deal
Venture capital firm Peak XV Partners has fully exited from fintech firm One MobiKwik Systems through a block deal of over ₹130 crore, sources aware of the development said. According…
Jus’ Onco secures investment from TNESSF
Jus’ Onco, a Chennai-based startup building a decentralised Collaborative Cancer Care Network (C3N) has secured an undisclosed amount in investment from the Tamil Nadu Infrastructure Fund Management Corporation (TNIFMC) through…
Toyota supplier Denso posts sharp jump in fourth-quarter profit
Japan’s Denso, a major auto parts supplier to Toyota, posted a 50 per cent rise in fourth-quarter operating profit on Tuesday, as higher production volumes helped offset an increase in…
FDA proposes to withdraw Amgen’s drug for rare autoimmune diseases over effectiveness
The US Food and Drug Administration’s Center for Drug Evaluation and Research (CDER) has proposed withdrawing approval of Amgen’s drug for rare autoimmune diseases, citing a lack of proven effectiveness…