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Company Updates

Kraft Heinz’s India GCC aims to reach 2000 employees by end of year

In Short:Kraft Heinz India plans to expand its Global Capability Centre in Ahmedabad by increasing headcount to 2,000 from 400, focusing on hiring for...

Angel One implements protocols to address data breach issue

In Short:Angel One addressed a data breach from April last year, primarily involving sample data and details of delisted companies from 2021. They reported...

Pinnacle Industries introduces AD-Gen ambulance for enhanced emergency medical care

In Short:Pinnacle Industries, a top provider of automotive interiors in India, has introduced the AD-Gen Ambulance. This ambulance aims to offer high-quality emergency medical...

Kesoram emphasizes reducing debt as top priority post cement business demerger

In Short:Kesoram Industries, a BK Birla Group company, aims to reduce debt after demerging its cement business to Ultratech. The company plans to focus...

Ashwin Sheth Group aims to raise ₹2,500-3,000 crore through IPO

In Short:Realtor Ashwin Sheth Developers plans to launch an IPO to raise ₹2,500 - ₹3,000 crore in the next 18-24 months. They will invest...

Kellogg’s launches multi-grain Chocos in India

In Short:Kellanova India is relaunching Kellogg's Chocos as Multigrain Chocos to grow its breakfast cereals portfolio. The company aims to increase household penetration, focusing...

Double digit volume growth recorded by Godrej Consumer Products in Q1

In Short:Godrej Consumer Products shared that the domestic market had slow growth in the quarter, but there was double-digit growth in volume and high-single...

Welspun One closes second AIF with ₹2,275 crore corpus

In Short:Welspun One, a fund management platform, has closed its second fund at ₹2,275 crore. The focus is on niche sectors like urban distribution...

L&T secures solar power projects in the Middle East

In Short:Larsen & Toubro's renewable energy arm has won contracts to build two large-scale solar PV plants in the Middle East. The company did...

Potential impact of new UK government on Tata Steel job cuts at Port Talbot

In Short:The change in the UK government could impact Tata Steel's job cuts and plant closure in Port Talbot. The Labour Party is focused...

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