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Company Updates

Sunsure Energy Collaborates with REC for Sustainable Energy Initiatives

In Short:Sunsure Energy has signed a Memorandum of Understanding (MoU) with REC for debt financing of ₹10,000 crore to develop 3 gigawatts of renewable...

Tupperware Files for Bankruptcy Following Unsuccessful Restructuring Attempts

In Short:Tupperware Brands Corp has filed for Chapter 11 bankruptcy after struggling with declining sales and intense competition. The company, which has assets between...

Hindustan Zinc Plans Expansion into Zinc-Based Battery Market

In Short:Hindustan Zinc, led by CEO Arun Misra, plans to decide by late 2023 on expanding into zinc-based battery production as an alternative to...

DCX Systems Subsidiary Secures License for Defence Manufacturing

In Short:DCX Systems Limited's subsidiary, Raneal Advanced Systems, received a 15-year industrial license to produce high-security defense products in India. The license allows for...

Ketraco Confirms Ongoing Talks on Adani’s Kenya Power Line Projects

In Short:Kenya Electricity Transmission Co. is still negotiating with Adani Energy Solutions for three power lines, despite claims that deals worth $1.3 billion have...

Smart Appliances Enhance Your Festive Season with AI Innovation

In Short:This festive season, brands are promoting AI-driven appliances like washing machines and refrigerators, appealing to consumers willing to invest in smart devices. Companies...

Strike Erupts at SJS Enterprises, Bengaluru After 192 Worker Terminations

In Short:SJS Enterprises allegedly fired 192 workers illegally from its facilities on July 8, 2024. Since September 3, these workers have been on hunger...

Laurus Labs Launches ₹250 Crore R&D Facility in Telangana

In Short:Laurus Labs Ltd, an Indian pharmaceutical company, opened a new research and development facility in Telangana on September 16, 2024. The 200,000 sq...

Jumboking Plans Rapid Expansion in Bengaluru with 12-15 New Stores Yearly

In Short:Jumboking, a fast-food burger chain, is expanding in Bengaluru, planning to open 12-15 new stores each year, targeting a total of 150-200 stores...

BJP MP Calls for Action Against Flipkart, Amazon over CCI Antitrust Probe

In Short:Praveen Khandelwal, a BJP MP, has urged Commerce Minister Piyush Goyal to take action against Flipkart and Amazon for anti-trust violations harming local...

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