Marico Ltd has completed the acquisition of the remaining 46.02% stake in HW Wellness Solutions Pvt Ltd, the parent company of the True Elements brand, for up to ₹138 crore. With this deal, concluded on October 17, 2025, HW Wellness Solutions has become a wholly owned subsidiary of…
Reliance Jio Surpasses 500 Million Subscribers; Q2FY26 Profit Jumps 12.8% on Strong 5G and AI Growth
Reliance Jio Platforms Ltd (JPL), the digital arm of Reliance Industries Ltd (RIL), has achieved a major milestone by crossing the 500 million subscriber mark in the September quarter of FY26. The telecom giant added 8.3 million new users in the quarter, maintaining a low monthly churn rate…
Power Grid Corp:Power Grid Corporation of India Ltd has acquired SR WR Power Transmission Project for ₹11.29 crore, strengthening its grid infrastructure portfolio. Fortis Healthcare:Fortis Healthcare’s Northern TK Venture and PAC partners have launched an open offer to acquire 19.7 crore shares at ₹170 per share, enhancing promoter…
View on market: Volatility persists, eagerly searching for growth: Asian markets opened on a positive note on Monday after two weeks of declines, supported by improving trade relations between major economies. Regional stocks moved higher, with Japan leading the gains after a weak finish on Friday due to…
Mumbai / Delaware, October 2025: Inventurus Knowledge Solutions (IKS Health), a global leader in healthcare enablement solutions, has unveiled a cutting-edge generative AI platform built on Google Cloud technologies, designed to automate routine healthcare administration tasks. In tandem, the company has invested $10,001,605 in its US subsidiary, Inventurus…
Canara Bank, one of India’s leading public sector banks, has reduced its stake in its asset management subsidiary, Canara Robeco Asset Management Company Limited (CRAMC), from 51% to 38% through a successful Initial Public Offering (IPO). The subsidiary was listed on the National Stock Exchange of India (NSE)…
Godrej Industries Ltd (GIL) has increased its stake in its subsidiary Godrej Capital Limited (GCL) to 91.11%, following a rights issue by GCL. The holding was previously 90.89%, and GIL acquired 22,107 fully paid-up equity shares of ₹10 each, resulting in a primary capital infusion of ₹409 crore.…
Tata Motors Limited has officially changed its name to Tata Motors Passenger Vehicles Limited, following the completion of a major corporate restructuring. The Ministry of Corporate Affairs issued a fresh Certificate of Incorporation on October 13, 2025, formalizing the change as part of a composite scheme of arrangement…
Blue Energy Motors is making a bold push into India’s electric trucking market, targeting the sale of 30,000 EV trucks over the next five years and aiming to generate $3 billion in revenue by 2030. The company’s ambitious plans are underpinned by a Rs 3,500 crore investment to…
In a strategic move to expand its housing loan portfolio, Central Bank of India has entered into a co-lending partnership with Godrej Housing Finance Ltd., a subsidiary of the Godrej Industries Group. The collaboration aims to offer housing loans with competitive interest rates while improving customer experience across…