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PN Gadgil Jewellers raises INR 330 Cr from anchor investors ahead of IPO
PN Gadgil Jewellers has secured INR 330 crore from anchor investors by issuing 68.74 lakh shares to 25 anchor investors ahead of the issue's...
Ikea targets expansion in India with new investments and smaller store formats
Ikea, the global furniture retailer, is seeking new investments for its priority market, India, as it embarks on its second growth phase, according to...
As HUL reviews ice-cream business, companies line up for a bid
Hindustan Unilever's (HUL) move to form a committee of independent directors to evaluate its ice-cream business has sparked significant interest from various companies, with...
Amway India to invest $4 Million in four new R&D labs to advance health and wellness innovation
Amway India, a direct selling company, has announced a $4 million investment in establishing four new research and development labs across India.͏Focus on͏ Healt͏h...
Quick commerce players boost presence in smaller cities ahead of festive season
Buoyed by ample funding and growing demand, India's quick commerce sector is experiencing rapid expansion. Zepto, Blinkit, and Swiggy Instamart have become key players,...
Devrana unveils new express outlet in Imphal with INR 80 Lakh investment
Devrana has announced the launch of a new express outlet in Imphal, strategically positioned to offer convenient access to its premium vegetarian cuisine.Building on...
Tilaknagar Industries to invest INR 13.15 Crore in Spaceman Spirits Lab, doubling stake to 20%
Tilaknagar Industries, an Indian-Made Foreign Liquor (IMFL) manufacturer, will make a follow-on investment of INR 13.15 crore in Spaceman Spirits Lab (SSL) over the...
Footwear manufacturer Mochiko to double production capacity with INR 300-400 Cr investment
Abhishek Ganguly, ex-MD of Puma India, plans to double the production capacity of Mochiko, the B2B sports footwear manufacturer he acquired last year through...
Private equity firm Auréa acquires The Body Shop
Auréa, the growth capital firm co-founded by British cosmetics mogul Mike Jatania and investment expert Paul Raphael, has acquired the UK-based personal care brand...
Korean brand Daewoo enters home appliances segment to boost market share in India
Korean brand Daewoo has announced its expansion into the kitchen and home appliances sector in India, aiming to capture a larger share of the...
Samir Kumar likely to take over as Amazon India Head following Manish Tiwary’s resignation
Just over a month after Manish Tiwary resigned as Amazon India's head, senior executive Samir Kumar is reportedly set to assume the role, according...
India to become one of Amway’s top three global markets in five years: Country MD Rajneesh Chopra
Direct selling giant Amway anticipates India becoming one of its top three global markets within the next five years, according to the company's Country...