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...
Cochin International Airport Limited (CIAL) has implemented a self-baggage drop service at its Domestic Terminal (T1), aimed at enhancing the passenger experience and service quality. This new feature allows travelers to independently place their check-in luggage on conveyor belts without the need for airline staff assistance. Given that many airlines now support this technology within their check...
Viney Equity Market announced its participation in a substantial Rs 715 crore funding round for Vikram Solar, a leading manufacturer of solar panels and provider of power solutions. Viney Equity Market contributed Rs 12 crore to this investment effort, joining forces with several other investors. The newly acquired capital will enable Vikram Solar to bolster its financial base, enhance its borrow...
Sterlite Power announced the sale of its 14.7% share in India Grid Trust (IndiGrid) for ₹840 crore. The stake was purchased by institutional and high net worth investors, including Larsen & Toubro Ltd., Morgan Stanley Asia Singapore PTE, and Societe Generale, according to stock exchange data. Larsen & Toubro Ltd. acquired IndiGrid units valued at ₹250 crore. The sale price per unit was ₹9...
Waaree Energies Limited, a leading solar PV module manufacturer with an installed capacity of 12 GW as of June 30, has successfully delivered 68 MW of Bi-55 bifacial dual glass framed modules to Gensol Engineering Limited. These modules, delivered in March 2024, are currently being commissioned for the Mahagenco solar PV project. The utilization of Waaree's bifacial modules is projected to signif...
OYO has unveiled its newest campaign film, 'Kya Baat Kar Rahe Ho', spotlighting its premium, company-serviced hotels. This initiative aims to enhance the guest experience through innovative features like Quick Check-in on the OYO app. To simplify the process of finding and booking these upscale properties, OYO has also introduced a new tag on its app. The campaign, developed in collaboration with...
Sterlite Power announced on Thursday the successful financial closure for its Neemrana II Kotputli Transmission (NKTL) project, securing ₹1,373 crore in funding from the Power Finance Corporation (PFC). Expressing satisfaction with the deal, Raji George, Director of Corporate Finance at Sterlite Power, stated, “We are delighted to finalize this significant financial agreement for one...
In a bid to cater to the needs of pet owners traveling abroad, Cochin International Airport Ltd (CIAL) has introduced a pioneering service allowing the exportation of pets through its premises. The inaugural flight featured 'Luka', an adorable Lhasa Apso puppy, bound for Dubai via Doha, accompanied by Rajesh Susheelan and Kavitha Rajesh, residents of Attingal in Thiruvananthapuram. Handled by Qat...
In a significant achievement, Waaree Energies Ltd has once again emerged as a frontrunner in the latest edition of the Kiwa PVEL PV Module Reliability Scorecard for 2024. This marks the third consecutive year that the company has clinched this prestigious recognition, reaffirming its commitment to quality and performance excellence in the solar energy sector. The accolade, bestowed through PVEL&r...
In a recent announcement to the exchanges, Tata Motors disclosed its strategic move to merge Tata Motor Finance with Tata Capital, aligning with its strategic vision of divesting non-core assets and concentrating capital investments in burgeoning technologies and products. The board of directors of Tata Motors, Tata Capital, and Tata Motors Finance greenlit the merger through an NCLT scheme of ar...
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...