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Investment

TMRW House of Brands invests Rs 155 crore in casual wear brand The Indian Garage Co.

With the support of the Aditya Birla Group venture, The Indian Garage Co. aims to reach Rs1500 crore in the next 5 years Bengaluru: TMRW House of Brands, an Aditya Birla Group venture, has expanded its portfolio of brands with a partnership with...

Abu Dhabi Investment Authority to invest Rs 4,966.80 crore in Reliance Retail

This investment by a wholly-owned subsidiary of Abu Dhabi Investment Authority (ADIA) "will translate into an equity stake of 0.59 per cent" in Reliance Retail Ventures Limited (RRVL) on a fully diluted basis New Delhi: Abu Dhabi Investment Authority (ADIA)...

Wave Cinemas to add 35 screens with an investment of Rs 100 crore

The company has identified seven to eight properties for its expansion Bengaluru: Business conglomerate Wave Group has identified seven to eight properties to expand its cinematic footprint, which will add about 35 screens shortly, the company said in a press release...

Flipkart Ventures invests in five early-stage tech startups

The startups that will receive equity-based funding are Algomage, Castler, FlexifyMe, NimbleBox.ai, and ReCircle Bengaluru: E-commerce marketplace Flipkart’s venture investing arm, Flipkart Ventures, is investing in five early-stage startups as part of its accelerator program—Flipkart Leap Ahead (FLA), the company said...

Amazon to make initial investment of $3 million in nature-based projects in India

The allocation is part of the company's $15 million fund it has allocated for nature-based projects in Asia Pacific (APAC) New Delhi: E-commerce major Amazon on Monday said it will make an initial investment of $3 million in nature-based projects...

RAI signs MoU with FaMeTN to support small traders in Tamil Nadu

Retailers Association of India (RAI) will help FaMeTN understand the needs of micro, small, and medium enterprises in retail and also support in development of the state’s retail policy Bengaluru: Retailers Association of India (RAI) has signed a Memorandum of Understanding...

Nivruti Rai appointed as MD and CEO of Invest India

Nivruti Rai has taken over the charge from Manmeet K Nanda, Joint Secretary, Department for Promotion of Industry and Internal Trade (DPIIT) New Delhi: Former Intel India country head Nivruti Rai has joined as the Managing Director and CEO of Invest...

Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down

Marico expects a "volume-led growth" in the domestic market and gains in market share by most of its products New Delhi: Homegrown FMCG major Marico expects its gross margins to improve by 200-250 bps in FY24, helped by cooling commodity...

Investment in Indian startups in H1 2023 lowest in last four years: PwC India

Investments fell by 36 per cent in January-June to $3.8 billion, as investors are taking longer time in due diligence of every aspect of business New Delhi: Funding in Indian startups fell by 36 per cent in January-June to $3.8...

GST Council to clarify on TCS liability of e-commerce suppliers on ONDC

Under the GST law, every e-commerce operator is required to collect TCS at the rate of 1 per cent of the taxable value of goods/services sold through its platform New Delhi: The Goods and Services Tax (GST) Council on July...
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Latest News

Food processing firm, Megastar Foods plans to raise Rs 42.38 crore

The company would seek the approval of the shareholders at the extraordinary general meeting New Delhi: Food processing firm Megastar...
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