BusinessFounder StoriesStartups Insights FCIK Welcomes Amitava Chatterjee as J&K Bank MD & CEO, Anticipates Economic Revival in the Region by Arti Singh December 26, 2024 December 26, 2024 The Federation of Chambers of Industries Kashmir (FCIK) has warmly welcomed Amitava Chatterjee as the new Managing Director and Chief Executive Officer (MD & CEO) of Jammu and Kashmir Bank. …
BusinessStartups Insights India Cements Promoter N Srinivasan Steps Down as UltraTech Finalizes Acquisition by Arti Singh December 26, 2024 December 26, 2024 UltraTech Cement, promoted by Kumar Mangalam Birla, has successfully completed the acquisition of a majority stake in India Cements, marking a transformative shift in the Indian cement industry. The acquisition, …
BusinessStartupsStartups Insights Delhi High Court Seeks Patanjali’s Response to Dabur’s Allegations of Misleading Chyawanprash Ads by Arti Singh December 26, 2024 December 26, 2024 The Delhi High Court has taken cognizance of Dabur’s plea against Patanjali Ayurved, alleging defamatory advertisements targeting Dabur Chyawanprash. On December 24, Justice Mini Pushkarna issued summons to Patanjali Ayurved …
BusinessStartups FundingStartups Insights PharmEasy’s Valuation Plummets to $456M Amid Financial Struggles by Arti Singh December 26, 2024 December 26, 2024 PharmEasy’s, one of India’s leading online pharmacies, has experienced a steep drop in its valuation, now standing at $456 million. This marks a dramatic 92% decline from its peak valuation …
BusinessStartupsTechnology Metal Stocks Surge on Speculation of Safeguard Duty on Steel Imports; Hindalco, JSW Steel, and Tata Steel Up by 2-3.5% by Arti Singh December 24, 2024 December 24, 2024 The metal sector surged on December 23 as reports suggested that the Directorate General of Trade and Remedies (DGTR) is considering a safeguard duty of up to 25% on steel …
BusinessTechnology NACDAC Infrastructure Shines on Listing Day with 90% Premium Surge by Arti Singh December 24, 2024 December 24, 2024 NACDAC Infrastructure made an impressive debut on the BSE SME platform, with shares trading at a 99.49% premium to the issue price of ₹35. The stock debuted at ₹66.50, marking …
BusinessStartup StoriesStartupsStartups Insights Zomato & Zerodha Founders Back Aakash Chaudhry’s Sparkl: India’s Next Big EdTech Startup by Arti Singh December 24, 2024 December 24, 2024 Aakash Chaudhry, former CEO of Aakash Educational Services, is making a significant comeback in India’s EdTech sector with his new venture, Sparkl. The platform, which provides personalized one-on-one tutoring for …
BusinessStartupsStartups Insights Biryani Crowned ‘Undisputed King of Food Kingdom’ with 158 Orders Per Minute on Swiggy by Arti Singh December 24, 2024 December 24, 2024 In an impressive feat, Biryani has retained its spot as the undisputed king of the food kingdom in India, with a staggering 83 million orders placed in 2024 alone. This …
BusinessStartup StoriesTechnology Zomato’s Blinkit Appoints Former Flipkart Executive Vipin Kapooria as CFO to Drive Growth by Arti Singh December 24, 2024 December 24, 2024 Zomato-owned Blinkit has appointed Vipin Kapooria, former Vice President of Business Finance at Flipkart, as its new Chief Financial Officer (CFO). Kapooria’s appointment comes at a crucial time when Blinkit …
BusinessStartup StoriesStartups Insights Indian Oil rises 2% as board approves yarn project in Odisha. by Arti Singh December 24, 2024 December 24, 2024 Indian Oil Corporation Ltd. (IOCL) has witnessed a surge in its stock price, rising by 2% following its board’s approval to establish a yarn project in Odisha. The decision, made …