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Company Updates

NCLT orders Byju’s to maintain status quo and freeze funds from second rights issue.

In Short:The National Company Law Tribunal directed Byju's to maintain status quo with existing shareholders and shareholding until the main petition is disposed of....

Top 5 cement firms aim for 55% market share by FY25

In Short:The market share of the top five cement companies has increased to 54% in December 2021 and is expected to rise to 55%...

Gensol Engineering awarded ₹1,340 crore BESS project by Gujarat Urja Vikas Nigam

In Short:Gensol Engineering Ltd won a project from Gujarat Urja Vikas Nigam Limited worth ₹1,340 crore for 250 MW/500 MWh Battery Energy Storage Systems....

InterGlobe Enterprises triumphs in Bombay Chambers’ awards; Godrej Properties named runner-up

In Short:InterGlobe Enterprises, the parent company of Indigo airlines, won the Diversity, Equity, and Inclusion Champion Award for promoting diversity and inclusion. Godrej Properties...

Mankind Pharma discusses joint bid for Bharat Serums with PE firms

In Short:Mankind Pharma is planning to make a bid to acquire Bharat Serums and Vaccines in collaboration with global private equity firms. Top PE...

Experion Technologies partners with ESG Playbook to aid companies in ESG reporting navigation

In Short:Experion Technologies has partnered with ESG Playbook to offer solutions for sustainability, risk management, and regulatory compliance in ESG reporting. Over 95% of...

CCI approves Mitsubishi Corp’s stake acquisition in TVS Group

In Short:The Competition Commission of India (CCI) has approved Mitsubishi Corporation’s acquisition of equity stakes in two companies - TVS Certified Private Limited and...

SEBI approves Ola Electric’s ₹7,500 crore IPO

In Short:Ola Electric Technologies, led by Bhavish Aggarwal, has received approval from SEBI for an IPO to raise ₹7,500 crore. This makes them the...

Fast track to young audience: Amul sponsors T20 World Cup

In Short:Amul sponsors cricket teams like South Africa, USA, and Sri Lanka during the ongoing ICC Men’s T20 World Cup to reach a young...

Investors show interest in D2C F&B start-ups ahead of funding round

In Short:Several direct-to-consumer (D2C) food and beverage brands are receiving a lot of funding and attention from investors. Start-ups like Boba Bhai and Blue...

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