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...
In a significant move to enhance amenities for travelers, Cochin International Airport Limited (CIAL) has launched fast-charging stations for electric vehicles (EVs) at both the domestic and international terminals. Each station is equipped with two 60 kW Electric Vehicle Direct Currency (EVDC) chargers, allowing four EVs to charge simultaneously. The initiative is part of CIAL's ongoing efforts...
Cochin International Airport Limited (CIAL) has commenced extensive renovation of the canals surrounding the airport. This significant project spans approximately 24 kilometers and requires an investment of ₹11 crore, as per a recent press release. During the inauguration of the project, Industries Minister P. Rajeeve highlighted that the airport is experiencing a period of substantial grow...
Private equity giant Advent International is set to sell its stake in Manjushree Technopack, targeting a valuation of $1 billion to $1.2 billion. Talks are already underway with prospective buyers. At the same time, Advent is in advanced stages of negotiations to sell Bharat Serums and Vaccines. Manjushree Technopack, India's largest provider of rigid plastic packaging, was acquired by Advent Int...
Waaree Renewable Technologies Ltd., a subsidiary of Waaree Energies Ltd., announced on Monday that it has secured a significant engineering, procurement, and construction (EPC) contract from Juna Renewable Energy Pvt., a subsidiary of Acciona Energy. This project involves the development of a 412.5 MWp/335 MW photovoltaic solar plant in Rajasthan. Located in Kawani Village, Bikaner district, this...
Cochin International Airport Limited (CIAL) is set to auction a diverse array of unclaimed cargo, including high-end electronics, apparel, and various other items, on July 17. The auction will feature 202 lots of goods left unclaimed at the airport, sold on an 'as is where is' basis as a single lot, according to CIAL's tender notification. Among the items up for auction are premium electronic dev...
Waaree Energies, a prominent player in the solar PV module manufacturing sector, announced on Thursday the appointment of Sanjeev Pushkarna as their new Chief Procurement Officer (CPO). Expressing his enthusiasm, Pushkarna highlighted the critical role of supply chain management in the energy sector's progress. "I am eager to contribute to Waaree Energies’ mission of enhancing supply chain...
Oyo, the Gurugram-based hospitality firm, has successfully raised Rs 416.85 crore (about $50 million) from InCred Wealth and Investment, marking its first major fundraising event in almost three years. Per documents filed with the Registrar of Companies (RoC), Oyo's board has approved the issuance of 14,37,41,379 Series G Compulsorily Convertible Preference Shares (CCPS) at a price of Rs 29 each....
Hexaware Technologies has announced plans to significantly expand its global workforce by hiring between 6,000 and 8,000 new employees in 2024, depending on favorable market conditions. The IT services company currently employs over 30,000 people worldwide. This hiring initiative aims to bolster Hexaware’s talent pool across its offshore, onshore, and near-shore centers located in India, th...
Cochin International Airport Ltd (CIAL) is on a mission to greatly expand its solar energy capabilities over the next 5-10 years, as revealed by its Managing Director, S Suhas, in an interview with ETEnergyWorld. CIAL, the world's first airport to be fully powered by solar energy, currently boasts a solar power capacity of 50 MW, supported by seven solar plants, a solar carport, and floating solar...
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...