The story of Ankur Jain, unchecked ambition, and ₹2,100 crores in losses A) The Context Picture this: It’s 2017. You walk into a Bangalore brewpub. Everyone’s drinking the same beer&mdas...
Lava International, a leading Indian multinational in mobile handset design and manufacturing, has been at the forefront of creating innovative and affordable smartphones for customers across the globe. With a strong presence in India and international markets, the company continues to focus on providing high-quality products that blend technology and design. Lava is dedicated to fostering custome...
Ritesh Agarwal, the founder and CEO of Oyo, is set to bolster his ownership in the company by acquiring additional shares worth ₹550 crore. As per recent filings reviewed by Economic Times, thew purchase will be made at ₹42.60 per share. This marks a 45% increase in value compared to his previous acquisition in August 2024, showcasing his confidence in Oyo’s growth trajectory. ...
HDB Financial Services, a non-banking financial company (NBFC) owned by India’s most valuable bank, is gearing up for its highly anticipated initial public offering (IPO). This announcement has triggered a significant spike in the company’s share prices within the unlisted market, which recently peaked at ₹1,400 per share before stabilizing at around ₹1,200. Market Optimi...
Infravision has teamed up with Sterlite Power to elevate India’s power transmission infrastructure with the integration of cutting-edge construction technology. This collaboration aims to bring faster, safer, and more efficient power transmission solutions to India, meeting the country's growing energy needs with advanced, technology-driven methods. Addressing India’s Ambitious...
Cochin International Airport Ltd (CIAL) and Kochi Metro Rail Ltd (KMRL) are in advanced discussions to collaborate on building a proposed underground metro station and rail line at Nedumbassery. KMRL's Phase-III project envisions this station as part of a 3-kilometer underground line, intended to link Aluva and Angamaly with an airport connection similar to the Delhi Metro's Airport Express Line....
Sterlite Power has recently won contracts amounting to Rs 1200 crore within its Global Products and Services (GPS) division. This latest achievement raises the cumulative order value for the GPS business to Rs 2700 crore. The GPS division is dedicated to producing sustainable, high-performance products and delivering advanced engineering, procurement, and construction (EPC) solutions. These new co...
Lakeshore Hospital has released its financial results for the fiscal year 2024, showcasing consistent performance across key financial metrics. Here’s a breakdown of the main highlights: Key Financial Highlights : 1. Revenue: - Total revenue for FY 2024 stood at ₹396 crore, a slight decrease from ₹419 crore in FY 2023. This reflects stable income despite a challenging hea...
Hero Cycles, a leading name in the bicycle manufacturing industry, has recently integrated the MVR-LTE® (Mechanical Vapor Recompression–Low Temperature Evaporation) technology by Spray Engineering Devices Limited (SED). This advanced process is set to revolutionize water and energy efficiency at their industrial facilities. What is MVR-LTE® Technology? MVR-LTE® is a cutting-e...
Under the leadership of Bhupinder Singh, InCred Group is in advanced discussions to expand its presence in the financial services landscape. The company is actively pursuing a joint venture with an international partner to establish a general insurance business, as well as working on launching a mutual fund arm. With these ventures, InCred aims to create a diverse financial services platform encom...
The Unthinkable Just Happened Imagine this: A company that started by mailing DVDs in red envelopes just bought one of...
The Story Over the last two years, government agencies auctioned 88 gigawatts of solar and renewable projects...
What's the story? Elon Musk says it. Jeff Bezos believes it. And now Sundar Pichai is betting big on it. By 2030, it co...
The Story of Two Bansals, a $16 Billion Deal, and a Singapore U-Turn The Beginning: When Books Met Ambition Picture...
Company Brief Prisma Global Limited is an India-based technology company operating in the AI-driven visual intelligence...
How Two US Giants Crushed India's E-commerce Darling In February 2016, Snapdeal stood at the pinnacle of India's e-comm...