Category : Corporate News


Funds to Acquire Additional 4.99% Stake in Sundrop Brands

Funds advised by Convergent Finance and Samara Capital are set to acquire an additional 4.99% stake in Sundrop Brands, increasing their total holding. This strategic move signals strong confidence in the packaged foods company's growth trajectory.

Sumant Kasliwal Named MD & CEO of Pressto India

Pressto India appoints Sumant Kasliwal as Managing Director and CEO. The move aims to accelerate growth and innovation in the digital document solutions sector. Read more about the leadership change.

PressTo India Names Sumant Kasliwal as MD & CEO

PressTo India appoints Sumant Kasliwal as its new Managing Director and CEO. His leadership is expected to drive the company's next phase of growth and innovation in the digital media landscape. Read more.

Treasury Wine Jumps 7% After Billionaire Goudet Investment

Treasury Wine Estates shares soared after European billionaire Olivier Goudet acquired a 5% stake. The investment offers a major boost to the Penfolds owner, which is battling weak demand in the US and China. Read the full analysis.

Saks Considers Bankruptcy Ahead of $100M Payment

Saks Global Enterprises faces a critical $100+ million debt payment on Dec 30, exploring Chapter 11 bankruptcy and emergency funding. Read the full analysis of the luxury retailer's financial crisis.

Introverts Push for Workplace Changes in India

Introverts are reshaping corporate India, advocating for quiet spaces, flexible work, and better understanding. Discover how companies like KPMG and Bristol-Myers Squibb are responding. Read more.

Adani Merges Cement Units into Ambuja to Cut Costs

Adani Group consolidates ACC and Orient Cement into Ambuja Cements to streamline operations, cut costs, and create a single pan-India cement platform. The move follows a $10 billion acquisition spree.

Panel Proposes Multiple IBC Plans for Stressed Assets

A parliamentary panel recommends allowing multiple resolution plans for different assets of an insolvent firm, aiming to boost value and attract bidders. Explore the potential shift in India's insolvency landscape.

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