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CATEGORY

Company Updates

Sony India targets ₹150-cr sales during Onam in Kerala

In Short:Sony India is focusing on a new marketing initiative called ‘Bravia Cinema is Coming Home’ in Kerala for the Onam festival. They aim...

Swelect Energy boosts investments to become solar superstore

In Short:Swelect Energy Systems shareholders passed a resolution to increase borrowing powers from ₹400 crore to ₹750 crore for company expansion. Swelect is involved...

IMPAL’s PAT increases by 17% in Q2, shows strong standalone growth

In Short:India Motor Parts & Accessories Ltd (IMPAL), a part of TS Santhanam Group, reported a 17% increase in its profit after tax to...

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

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...

Rapido secures $120 million funding, transforming into unicorn

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,...

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

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,...

UltraTech affirms India Cements will continue to be a listed entity

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...

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

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...

UltraTech buys India Cements for ₹3,945 cr

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...

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

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%...

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