On September 22, 2024, Vodafone Idea Limited (VIL) concluded a substantial deal worth approximately USD 3.6 billion (around ₹300 billion) with leading global telecom equipment providers Nokia, Ericsson, and Samsung. This agreement marks a significant milestone in Vodafone Idea’s three-year capital expenditure (capex) plan, valued at approximately USD 6.6 billion (₹550 billion). The capex program …
Bikaji Foods International Limited (BFIL) has announced that the Ministry of Corporate Affairs (MCA) has granted approval for the incorporation of its wholly-owned subsidiary, Bikaji Foods Retail Limited (BFRL). The subsidiary was officially incorporated on Friday, September 20, 2024, and aims to significantly enhance Bikaji’s business expansion efforts, particularly in the fast-growing food and beverage …
Aditya Birla Capital Limited (ABCL) has announced that it has invested ₹60 crore on a rights basis in its wholly-owned subsidiary, Aditya Birla Capital Digital Limited (ABCDL). The investment was made through the subscription of equity shares in ABCDL to support its growth and funding requirements. This strategic move is aligned with ABCL’s long-term objective …
Vaibhav Global Limited (VGL) has been honored with the “Excellence in Sustainability / Climate Action Award” by the Indo-American Chamber of Commerce (IACC) at the 20th Indo-American Corporate Excellence conclave held on September 21, 2024, in Jaipur. This award highlights companies that support Indo-US trade while also contributing positively to business, industry, ESG (Environmental, Social, …
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 …
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 …
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 …
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 …
The hospitality of Lemon Tree Hotels is a vibrant tapestry woven into the fabric of India, providing a welcome combination of coziness throughout its wide range of properties. This dynamic company has an impressive collection of 9,700 rooms spread across 64 bustling cities in India, with a vibrant portfolio of 100 hotels. Every property invites …
Their specialty paper company, “Pudumjee,” was founded on the fundamental idea of creating value. To satisfy customers’ strict and demanding specifications for the packaging of food and oily products, the company began by manufacturing high-quality papers. Pudumjee Group has remained true to its founding principles and dedication to its clients ever since. Over the years, …
