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Company Updates

Pratip Mazumder named as inDrive’s country manager for India

In Short:Pratip Mazumder has been appointed as the Country Manager for inDrive India, with a focus on business verticals, government relations, partnerships, and initiatives....

Potential shift in packaged food companies towards transparency & healthier options

In Short:Organised packaged food companies are under increasing scrutiny due to concerns raised by public health advocates, social media influencers, and users about health...

Pramerica Life Insurance targets 30% CAGR in NBP over next 5 years

In Short:Pramerica Life Insurance is aiming for a 30% growth in new business premium income over the next five years, targeting ₹1,100 crore NBP...

CNH Industrial seeks to utilize India’s tech expertise and cost benefits for global needs

In Short:CNH Industrial, a global agricultural and construction solutions company, plans to utilize Indian talent and cost advantages to develop future technologies and products...

UltraTech buys Maharashtra asset of India Cements for ₹315 crore

In Short:UltraTech Cement, part of Aditya Birla Group, is acquiring a grinding unit in Maharashtra from India Cements for ₹315 crore. This will expand...

Zomato faces tax notice, owes ₹11.82 crore

In Short:Zomato, an online food delivery platform, has been ordered to pay ₹11.82 crore for GST on export services provided to its subsidiaries outside...

Tesla recalling 4,000 Cybertrucks due to sticky accelerator pedal

In Short:Tesla is recalling almost 4,000 of its 2024 Cybertrucks due to a problem with the accelerator pedal. The pedal can get stuck, causing...

KaleidEO finishes aerial tests on optical and multi-spectral EO payload

In Short:Bengaluru start-up KaleidEO Space Systems has completed aerial testing of its earth observation payload. The payload can capture images with high resolution and...

Ecozen secures $30M in funding through debt and equity

In Short:Ecozen, a company that creates climate-smart technology solutions, has received $30 million in funding from a mix of debt and equity sources. The...

ReNew partners with JERA to assess green ammonia project in India

In Short:ReNew Energy Global (ReNew) has signed an agreement with JERA, Japan's largest power generation company, to develop a green ammonia production project in...

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