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ONGC Videsh and Partners Extend Agreement to Tap 4 TCF Gas in Azerbaijan’s ACG Field

ONGC Videsh and Partners Extend Agreement to Tap 4 TCF Gas in Azerbaijan’s ACG Field

23 September 2024

ONGC Videsh, along with the State Oil Company of Azerbaijan (SOCAR) and other partners, including bp, MOL, INPEX, Equinor, ExxonMobil, TPAO, and ITOCHU, signed an addendum to the existing Production Sharing Agreement (PSA) for the ACG Field in the Caspian Sea’s Azerbaijan sector. This addendum allows the companies to continue exploring, evaluating, developing, and producing …

Piccadily Agro Industries’ Indri Single Malt Whisky Joins Tesco’s Premium Spirits Lineup

Piccadily Agro Industries’ Indri Single Malt Whisky Joins Tesco’s Premium Spirits Lineup

23 September 2024

Piccadily Agro Industries Ltd has announced that the globally acclaimed Indian single malt whisky brand, Indri, is now listed and available at premium Tesco supermarkets. This significant milestone was facilitated by independent spirits distributor Mangrove Global, which added Indri to its portfolio earlier this year. Since joining Mangrove, Indri has experienced remarkable success, further bolstered …

Rorix and Adani Ports Team Up to Revolutionise Commodities Trade

Rorix and Adani Ports Team Up to Revolutionise Commodities Trade

20 September 2024

On September 20, 2024, Rorix Holdings, a global trade and finance company based in Abu Dhabi, signed a Memorandum of Understanding (MOU) with Adani Ports and Special Economic Zone Limited, the largest private port operator in India.  This partnership aims to combine their strengths to incorporate advanced technologies into their logistics and trading platforms, creating …

Thomas Cook Expands Presence with New Outlet in Chromepet, Chennai

Thomas Cook Expands Presence with New Outlet in Chromepet, Chennai

20 September 2024

On September 19, 2024, Thomas Cook (India) Limited opened a new franchise outlet in Chromepet, Chennai, to tap into the city’s growing market.  Chromepet is a popular residential area with good access to the airport and major IT and business parks. This new location brings Thomas Cook’s total in Chennai to 9 and 15 across …

Sula Vineyards Unveils Exciting Plans: SulaFest Returns and New Merlot Launch

Sula Vineyards Unveils Exciting Plans: SulaFest Returns and New Merlot Launch

20 September 2024

On September 19, 2024, Sula Vineyards Limited, the largest wine producer in India, announced the return of the popular SulaFest, the launch of its new wine, Sula Merlot, and expectations for a great grape harvest due to a good monsoon. SulaFest Returns in February 2025 SulaFest, India’s famous wine and music festival, will return in …

TCS Crowned India’s Most Valuable Brand for Third Year

TCS Crowned India’s Most Valuable Brand for Third Year

20 September 2024

On September 19, 2024, Tata Consultancy Services (TCS) was once again ranked as the most valuable Indian brand in the Kantar BrandZ Most Valuable Indian Brands 2024 list.  The company saw an impressive 16% increase in brand value during the financial year 2024, rising from $42.97 billion in 2023 to $49.66 billion—a growth of $6.69 …

AU Small Finance Bank Partners with Niva Bupa to Offer Health Insurance Solutions

AU Small Finance Bank Partners with Niva Bupa to Offer Health Insurance Solutions

20 September 2024

On September 19, 2024, AU Small Finance Bank, India’s largest small finance bank, announced via a stock exchange filing that it has partnered with Niva Bupa Health Insurance to offer health insurance products to its customers. This collaboration builds on Niva Bupa’s prior association with Fincare Small Finance Bank, which has now merged with AU …

Infosys To Acquire Up To 20% Stake In Space-Tech Startup GalaxEye

Infosys To Acquire Up To 20% Stake In Space-Tech Startup GalaxEye

20 September 2024

Information technology, outsourcing, and business consulting are all provided by the multinational Indian technology company Infosys Limited. The company was founded in Pune and has its headquarters in Bangalore. Infosys became the fourth Indian company to reach the $100 billion market capitalization mark on August 24, 2021. An acquisition of 20% of GalaxEye by Infosys …

Reliance Infra to Raise Rs.3,014 Crore via Preferential Issue

Reliance Infra to Raise Rs.3,014 Crore via Preferential Issue

20 September 2024

Reliance Infrastructure Ltd has announced that it has taken a board decision to raise Rs.3,014 crore through the preferential issue of shares to further boost its business. In terms of the equity issue, the company will be issuing equity shares or convertible warrants up to 12.56 crore at Rs.240 per share to both the promoter …

NTPC Approves Investment Worth Rs.20,922 Crore For Two Power Projects

NTPC Approves Investment Worth Rs.20,922 Crore For Two Power Projects

20 September 2024

NTPC Ltd, one of India’s top power-producing companies,  has just approved investments for two of its major thermal power projects amounting to Rs. 20,922 crores, which shall be adequate in increasing the company’s energy capacity by many folds in Odisha and Chhattisgarh. Investments in Darlipali, Sipat Projects The NTPC board has agreed to Stage II …

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