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Company Updates

Kae Capital Elevates Gaurav Chaturvedi and Appoints Abhishek Srivastava as General Partners

In Short:Kae Capital has appointed Gaurav Chaturvedi and Abhishek Srivastava as General Partners. Abhishek, formerly of Endiya Partners, brings extensive experience in early-stage VC....

HUL Receives ₹962 Crore Tax Notice from Authorities

In Short:Hindustan Unilever Limited (HUL) faces a tax demand of ₹962.75 crore from the income tax department, including ₹329.33 crore in interest. This stems...

Convin Secures $6.5 Million in Series A Funding for AI-Powered Platform

In Short:AI conversation platform Convin has raised $6.5 million in Series-A funding, led by India Quotient, with participation from other investors. The funds will...

Hitachi Energy Ready to Deliver on Major Export Order

In Short:Hitachi Energy has successfully increased its export orders to 25%, a year ahead of schedule, highlighting its strategy of ‘Make in India for...

UltraTech Cement Secures $500M Through Sustainability Loan Initiative

In Short:UltraTech Cement, part of the Aditya Birla Group, has secured $500 million (around ₹4,000 crore) through a sustainability-linked loan with help from six...

Exhicon Set to Acquire 76% Stake in Perfect-Octave Limited

In Short:Exhicon Event Media Solutions plans to buy a 76% stake in Perfect-Octave Limited for ₹8.53 crore to boost its live events and corporate...

Harnessing Fossil Fuels and Green Energy from the Same Block: A Reality

In Short:India's Cauvery Basin is set to establish its first composite energy block, potentially led by ONGC. This innovative concept allows simultaneous exploration of...

Royal Orchid Hotels Targets 200 Properties by FY27, Plans to Double Growth

In Short:Royal Orchid Hotels Ltd, based in Bengaluru, aims to expand to 200 hotels by FY27, focusing on tier-two and tier-three cities to meet...

IBBI Launches Ambitious Strategy to Speed Up MSME Resolutions in IBC

In Short:The Insolvency and Bankruptcy Board of India (IBBI) has proposed a new amendment to enhance support for Micro, Small, and Medium Enterprises (MSMEs)...

Glass Lewis Urges Against Reappointing Godfrey Phillips India MD Bina Modi

In Short:Glass Lewis, an international proxy advisory firm, urges Godfrey Phillips India shareholders to oppose Bina Modi's reappointment as Managing Director and to reject...

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