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...
Strategic Leadership Addition: Waaree Energies Limited has appointed Aniruddha Khekale as its new Chief Human Resources Officer (CHRO). This strategic move comes at a time when Waaree Energies is experiencing rapid growth and aims to solidify its position as India's leading solar PV module manufacturer with a production capacity of 12 GW. Impressive Financial Growth: Waaree Energies has w...
Cochin International Airport Limited (CIAL) is setting an ambitious goal to achieve a Rs 1,000 crore turnover this fiscal year, primarily driven by its strategic focus on non-aviation projects. This move underscores CIAL's intent to diversify its revenue sources beyond traditional aviation activities, ensuring financial stability and growth. Expanding Revenue Streams: CIAL is increasingly concen...
In a strategic move, HDFC Bank, India’s leading private sector lender, has decided to reject a $2 billion offer from Mitsubishi UFJ Financial Group (MUFG) of Japan, which sought to acquire a 20% stake in HDB Financial Services, HDFC Bank's non-banking financial company (NBFC) subsidiary. This proposal would have placed HDB Financial Services at a valuation of $10 billion. Instead of going f...
OYO has entered a strategic partnership with India Khelo Football (IKF), an organization focused on promoting grassroots football across India. Through this collaboration, OYO will provide accommodation for players, coaches, and officials involved in IKF's football programs, ensuring they have comfortable and reliable lodging during training camps, tournaments, and events. The partnership will be...
In a pivotal move for Odisha’s renewable energy landscape, Waaree Energies Limited, a leading solar energy solutions provider in India, engaged in a significant dialogue with Odisha’s Chief Minister Shri Mohan Charan Majhi at Lok Seva Bhavan. Under the leadership of Chairman & Managing Director Dr. Hitesh Doshi, the discussions focused on harnessing Odisha’s rich natural reso...
MobiKwik, a leading player in the digital financial services landscape, has reached a significant milestone by achieving its first full-year profitability in FY24. After enduring 15 years of operating losses, the company has made a remarkable financial turnaround, reporting a Profit After Tax (PAT) of ₹14.08 crore. This is a stark contrast to the ₹83.81 crore loss recorded in FY23. This financial...
Bira 91, recognized as one of the most rapidly expanding beer brands globally, celebrated an impressive victory at the World Beer Awards 2024, held in London on August 8th. The brand secured a total of nine medals, including 4 Golds, 3 Silvers, and 2 Bronzes, cementing its status as a dominant player in the international beer industry. The highlight of Bira 91's achievements was the Bira 91 Boom,...
India's leading solar photovoltaic (PV) module manufacturer, Waaree Energies Limited, has been awarded a significant 90 MW order to supply advanced dual glass bifacial modules with a power rating of 540/545Wp. The modules will be used in a solar project developed by Juniper Green Cosmic Private Limited in Bikaner, Rajasthan. This order reinforces Waaree Energies' pivotal role in bolstering India'...
Vikram Solar Limited, a prominent name in the Indian solar industry, has introduced its latest breakthrough in solar technology—the SURYAVA high-performance bifacial module. This innovative module is designed with advanced Heterojunction Technology (HJT), marking a significant leap in solar energy efficiency. SURYAVA, named after the Sanskrit term for 'sun,' symbolizes the core attributes o...
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...