MUMBAI: Zero sugar is no longer a differentiator for India’s soft-drinks industry – it’s a way of ensuring a stake in the market. After a year in which zero sugar…
Category: Companies
South Korea’s Krafton, Naver partner Mirae for ₹6,000 crore India fund to back growth-stage tech startups
NEW DELHI: South Korean tech companies Krafton Inc. and Naver Corp. have tied up with Mirae Asset Venture Investments to launch a ₹6,000 crore India-focused fund to back growth-stage technology…
Suzlon eyes Europe comeback with next-gen wind turbines
Mumbai: Life is coming full circle for Suzlon Energy Ltd as the company looks to resume selling wind turbines in Europe, a market where it stopped sales nearly two decades…
Inox Clean Energy eyes reviving IPO plan to raise $1 billion
Inox Clean Energy Ltd. has revived plans for an initial public offering that could raise as much as $1 billion, according to people familiar with the matter. The company is…
Tech Mahindra Q4 preview: Margins expected to grow up to 70 bps despite muted revenue
Tech Mahindra’s EBIT margin is expected to increase 50-70 bps in the March ending quarter, led by cost optimisation and currency tailwinds, as per brokerages. Motilal Oswal Financial Services estimated…
Manali Petrochemicals to restart Chennai plant operations
Manali Petrochemicals said on Monday that it is set to restart operations at Plant – 1 in Manali, Chennai. The Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, Government of…
PE firm EQT closes $15.6 billion Asia fund, largest in region amid fundraising slump
EQT has closed its ninth private equity fund at $15.6 billion in total commitments, making it the largest private equity fund ever raised in the Asia-Pacific region, the firm said…
Amazon to invest up to $25 billion in Anthropic; AI firm commits to spend $100 billion on AWS in return
Amazon announced on Monday that it will invest up to $25 billion in . As part of the deal, the AI firm has also committed to spending more than $100…
After years of distress, Kota’s Resonance nears debt deal with 80% haircut
KKR & Co-backed Kota-based test preparation company Resonance Eduventures Ltd. is nearing an asset reconstruction company (ARC)-led debt resolution that may see lenders taking about 80% haircut on principal claims,…
Pocket FM’s microtransactions, AI use in content creation are driving growth, COO Gangwar says
Pocket FM, an audio storytelling platform, said its users in India and the US are getting increasingly comfortable with microtransactions— paying per episode or series—giving it a monetization engine that…