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Tuesday, October 22, 2024
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CATEGORY

Company Updates

Company Updates

Green Frontier Capital leads $3 million pre-series A round for ElectricPe

ITN Media -
In Short:Bengaluru-based EV charging aggregator ElectricPe has raised $3 million in pre-series A funding led by Green Frontier Capital. Existing investors Blume Ventures, Micelio...
Company Updates

Rapido secures $120 million funding, transforming into unicorn

ITN Media -
In Short:Rapido, a ride-hailing startup, has raised $120 million in Series E funding led by existing investor WestBridge, becoming a unicorn. Founded in 2015,...
Company Updates

Consumer giants worldwide investing heavily in India’s consumption growth narrative

ITN Media -
In Short:Global consumer products companies are focusing on India's potential for growth across various product categories. Major companies like Coca-Cola, PepsiCo, Nestlé, Colgate-Palmolive, Reckitt,...
Company Updates

UltraTech affirms India Cements will continue to be a listed entity

ITN Media -
In Short:UltraTech has acquired a 32.72% stake in India Cement Ltd. for Rs 3,954 crore, aiming to expand its presence in the competitive Southern...
Company Updates

Coal India Chairman expresses interest in bidding for lithium block auctions.

ITN Media -
In Short:Coal India is diversifying into non-coal sectors, aiming to secure its first lithium block after winning a graphite mine in Madhya Pradesh. The...
Company Updates

UltraTech buys India Cements for ₹3,945 cr

ITN Media -
In Short:UltraTech Cement, part of the Aditya Birla Group, is buying a 32.72% stake in India Cements for ₹3,945 crore. This will help UltraTech...
Company Updates

NTPC reports ₹5,506 crore net profit in Q1 FY25

ITN Media -
In Short:NTPC, a state-run power company, reported a 12% increase in net profit to ₹5,506 crore in Q1 FY25. Total income rose by 13%...
Company Updates

PepsiCo India shows strong growth despite external challenges in 2023

ITN Media -
In Short:PepsiCo India earned ₹5,794 crore in revenue and ₹199.75 crore in net profit for the nine-month period ending December 2023. The company transitioned...
Company Updates

Aditya Birla Group targets $25B consumer business growth in five years

ITN Media -
In Short:Aditya Birla Group expects its consumer businesses to reach $25 billion in revenue in the next five years, contributing 25% to overall turnover....
Company Updates

DLF records 23% increase in Q1 net profit to ₹645 crore

ITN Media -
In Short:DLF, India's largest real estate company, reported a 23% increase in consolidated net profit in Q1FY25 at ₹645 crore compared to ₹526 crore...
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