Category : Corporate News


Reliance Acquires Chennai's Manna Health Foods Brand

Reliance Consumer Products Ltd has acquired Southern Health Foods, owner of the Manna brand, marking its entry into the health foods segment. This follows another recent nutrition company acquisition in Tamil Nadu.

Regulatory Complexity Now Central to Indian Corporate Strategy

Indian companies with global operations are shifting regulatory navigation from compliance to strategic core, as trade, carbon, and tariff rules directly impact profits and competitiveness, with Tata Steel and others highlighting the financial stakes.

Govt Sells 5.3% Stake in BHEL via OFS for ₹4,650 Crore

The Indian government is divesting approximately 5.3% stake in Bharat Heavy Electricals Limited (BHEL) through an Offer for Sale (OFS) to raise around ₹4,650 crore. The sale opens today with a floor price of ₹254 per share.

Delhi Financial Corporation Wound Up After LG Approval

The Delhi government has officially shut down the Delhi Financial Corporation (DFC), its loss-making MSME lender, following approval from the lieutenant governor. A high-powered committee will oversee the winding-up process, including asset disposal and e

Govt Launches BHEL Stake Sale with 5% Potential Divestment

The Indian government initiates a 3% stake sale in Bharat Heavy Electricals Ltd (BHEL) with a greenshoe option for an additional 2%, potentially raising significant funds as part of its FY26 disinvestment target of ₹33,837 crore.

Alphabet Sells Rare 100-Year Bonds to Fund AI Growth

Google's parent company Alphabet is raising $20 billion through a rare 100-year bond offering to finance its massive artificial intelligence expansion plans, signaling strong investor appetite for tech debt.

Servier Aims €500M Global Sales via India Drug Tie-Ups

French pharmaceutical innovator Servier announces €15 million investment in India to develop single-pill combinations for global markets, projecting €500 million in sales by 2030 through strategic partnerships with local manufacturers.

DPIIT Launches Action Plan for Business Reforms

The Department for Promotion of Industry and Internal Trade has launched the Business Reforms Action Plan to improve India's ease of doing business. The World Bank's B-Ready assessment is scheduled for 2026.

Zuckerberg Buys $200M Miami Mansion in Tax Exodus

Meta CEO Mark Zuckerberg and wife Priscilla Chan are purchasing a waterfront estate on Miami's exclusive Indian Creek island for up to $200 million, joining other Silicon Valley billionaires fleeing California's proposed wealth tax.

Page 57 of 153
Pickt mobile sticky banner — logo, tagline and CTA button