Bira Building Influence- Setting Up India’s Largest Beer Factory
B9 Beverages is planning a shake-up in the beer industry. Backed by Kirin Holdings, the Indian Craft Beer Brand is ready to compete with global brands. Bira is planning to build a $70 Million Beer Factory going in before launching its IPO by 2026. Bira Is Expanding Production Capacity B9 Beverages India is planning to […]
NSE’s Massive Milestone – Crosses 10 Crore Investor Mark
The National Stock Exchange(NSE) is on a dream run. On 8th Aug 24, the exchange crossed its 10 crore unique investor mark, with 1 crore new investors in the last 5 months. This is a sharp rise in investor registrations, which reflects a total of 19 crore registered client codes. Their daily new registrations range […]
Myntra CEO Nandita Sinha Takes Over Flipkart Fashion- Arief Mohammad Quits
After the news of Flipkart Fashion Vertical Arief Mohammad reportedly departing the company, Myntra CEO Nandita Sinha has taken up the additional responsibility of handling Flipkart Fashion. This will be alongside her current role in Myntra, heading both Flipkart and Myntra, thus expanding her role and responsibilities in the Walmart-owned company. Roles Switching In The […]
Hero Fincorp To Raise Rs 3668 Crore Via IPO- Files DRHP
Hero Fincorp, the non-financial arm of Hero Moto Corp, has filed a DRHP(Draft Red Herring Prospectus) with SEBI. They plan to raise Rs Rs 3,668 crore through an Initial Public Offering (IPO). How are the funds going to be raised? As per the DRHP Filings, the proposed IPO will have a fresh issue of Rs […]
PharmEasy-Owned Thyrocare To Acquire Diagnostic Business Of Polo Labs
Thyrocare has announced that it has entered into an agreement to acquire the pathology diagnostic business of Punjab-based Polo Labs. This acquisition by the PharmEasy-owned platform aims to expand Thyrocare’s reach in the northern parts of India and further solidify its position as a dominant player in the diagnostic industry. This strategic move to acquire […]
Waaree Renewable Closes EPC Contract For 22 MW Solar Project With ISMT
Waaree Renewable Technologies Ltd. has secured an Engineering, Procurement, and Construction (EPC) contract for a 22 MW solar project with ISMT Limited. This partnership underscores Waaree’s growing influence in the renewable energy sector and highlights the increasing commitment of industrial players like ISMT towards sustainable practices. What is the scope of this contract? Waaree Renewable […]
Bira 91 Plans To Go Public In 2026
Bira 91, a popular Indian craft beer brand, has announced its ambitious plan to go public in 2026. Currently, the fourth-largest beer company in India, Bira 91 boasts a 5% market share in key regions. According to ET reports, the company has hired investment bank Morgan Stanley to guide them through the pre-IPO process. “We […]
HDFC Bank Approves Potential IPO of HDB Finance
HDFC Bank Ltd, India’s largest private lending firm, has confirmed the approval for initiating its subsidiary HDB Financial Services. This development comes amidst a broader push by RBI for the Non-Banking Financial Companies (NBFCs)that belong to the upper layer to list themselves on the stock exchanges. Key Details Of The IPO Approval In July 2024, […]
Kochi Airport to Start Fast Track 20 Second Self Immigration System.
Kochi Airport, officially known as Cochin International Airport Limited (CIAL), is set to revolutionize the immigration process with a state-of-the-art self-authentication system. It will become the second airport after Indira Gandhi International Airport, New Delhi, to implement the Union Ministry of Home Affairs (MHA)’s prestigious ‘Fast Immigration — Trusted Traveller Programme’ (FTI-TTP). This innovation will […]
Swiggy Launches $65 Million ESOPs Liquidity Programme Ahead Of IPO
Swiggy, a leading food delivery company, has launched its fifth employee stock options (ESOPs) liquidity program, worth $65 million (Rs 543.5 crores). This initiative is supported by investors like Softbank, Prosus, and Invesco. The company aims to retain its talent and build loyalty among its workforce while adjusting to a slower market and managing increased […]
