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Company Updates

K Raheja Corp acquires Sobo Central for ₹476 cr in debt resolution deal

In Short:K Raheja Corp Real Estate bought the land and buildings of Crossroad Condominium in Mumbai from Kishore Biyani's company for ₹476 crore as...

Manorama Industries begins commissioning new fractionation plant

In Short:Manorama Industries Limited's shares rose by 5.39% after starting a new fractionation plant in Raipur with a 25,000 ton annual capacity. The total...

Vodafone Idea set to launch Rs 18,000-crore share sale

In Short:Vodafone Idea plans to raise up to Rs 18,000 crore through a sale of new shares in the biggest FPO in India. This...

AWS Activate credit now valid for third-party Pandurang Nayak models

In Short:AWS has helped many start-ups in India through its AWS Activate program, providing credits, technical support and training. The program aims to minimize...

RSWM addresses 6 sustainability issues by transitioning boilers to biofuel

In Short:RSWM Ltd, an Indian yarn and fabric manufacturer, is focusing on sustainability with six initiatives. They have invested in renewable energy like wind...

PVR Inox opens 14-screen megaplex in Phoenix Mall of Asia, Bengaluru

In Short:PVR INOX has launched a 14-screen megaplex at Bengaluru’s Phoenix Mall of Asia featuring premium formats like MX4D, ScreenX, and Insignia. The theatre...

High Court restrains HUL from passing off men’s skin care as ‘Glow & Handsome’ following Emami’s suit

In Short:The Calcutta High Court has ordered Hindustan Unilever to stop selling and marketing its men's skincare products under the name "Glow & Handsome"...

ReNew grows to over 10 GW in renewable energy capacity

In Short:ReNew has completed the construction of over 10 GW of renewable energy assets, with a revenue-generating capacity of 9.52 GW as of March...

SC denies Patanjali Ayurved & Baba Ramdev’s 2nd apology in contempt case

In Short:The Supreme Court rejected a second apology from Baba Ramdev, Patanjali Ayurved, and Acharya Balkrishna in a contempt case. The Court expressed concern...

Supreme Court relieves DMRC of ₹4,700-crore burden, criticizes own verdict against public utility

In Short:The Supreme Court criticized its own 2021 judgment upholding a ₹4,700-crore arbitral award in favor of DAMEPL against DMRC. The court found the...

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