Metals and mining giant Vedanta Ltd., led by billionaire Anil Agarwal, has revised its ambitious demerger plan. Initially, Vedanta planned to split into six distinct entities: Vedanta, Vedanta Aluminium, Vedanta…
In a strategic move, Fortis Healthcare has acquired an additional 7.61% stake in Agilus Diagnostics, India’s largest diagnostic service provider, for a substantial ₹429.37 crore. This acquisition will further increase…
Tata Consumer Products has firmly dismissed reports suggesting that Starbucks plans to exit India, labeling them as “completely false and baseless.” The joint venture, Tata Starbucks, remains committed to expanding…
Ola Electric is set to open 4,000 new stores across India by December 25, 2024, aiming to become the largest electric vehicle distributor in the country. The company currently operates…
Zerodha, India’s leading online brokerage platform, has introduced a Margin Trading Facility (MTF) enabling users to trade delivery stocks using borrowed funds. Announced by CEO Nithin Kamath on X (formerly…
Tata Steel Netherlands is facing a significant penalty of nearly Euro 27 million due to non-compliance with emission standards at two of its plants. The Dutch Environmental Service issued the…
Hyundai will begin using Amaron’s Made-in-India AGM batteries in its domestic vehicles starting Q4 FY 2024-25. This makes Hyundai the first automaker in India to adopt locally produced AGM battery…
The headcount of unicorn startups in India declined by 6,700 employees between August 2023 and August 2024, according to a study by PrivateCircle Research. Despite this decrease, Indian unicorns remain…
Indian Oil Corporation (IOC), India’s leading oil and gas company, is making a substantial investment of over Rs 21,000 crore in Bihar. This initiative includes expanding the Barauni refinery, establishing…
The Department for Promotion of Industry and Internal Trade (DPIIT) is pivotal in formulating and implementing policies to promote industrial growth and entrepreneurship in India. Under its flagship initiative, Startup…