Indo National launches Nippo Airvue, targets ₹100 crore revenue by FY30
Indo National Ltd, the company behind the Nippo batteries, has announced its entry into the air purifier segment, under the brand name Nippo Airvue.The company expects Airvue to contribute Rs…
Zulu Defence bets on integrated drone systems, scales up for global demand
Bengaluru-based defence drone startup Zulu Defence is preparing for a sharp increase in production as it looks to expand beyond the domestic market, with the company planning to scale monthly…
Crackdown on food companies led to corrective action, accountability: FSSAI
After pulling up various companies for misleading labelling and other violations, the Food Safety and Standards Authority of India (FSSAI) in the past few days has been putting the spotlight…
Novonesis to roll out ₹3,000-crore Maharashtra investment over next 24-36 months
Danish bio-solutions major Novonesis plans to roll out its proposed ₹2,500-3,000 crore investment in Maharashtra over the next 24-36 months, with its Patalganga manufacturing site set to be a key…
Investors making bigger bets on India’s health supplements sector
As more Indians prioritise preventive wellness, investors are increasingly taking note of the opportunity in India nutraceuticals and supplements sector.According to data from market intelligence firm Traxcn, equity funding for…
Sweet Karam Coffee posts double digit m-o-m growth in Mumbai market
Sweet Karam Coffee, a clean-food brand that offers South Indian snacks, is seeing strong traction in non-traditional markets, with the Chennai-based brand posting double-digit month-on-month growth in Mumbai. The company said in…
Nikhil Kamath and Sreeram Vanga invest ₹250 crore in CtrlS Datacenters to enhance India’s digital infrastructure
Hyperscale data centre operators CtrlS has raised ₹250 crore from Zerodha co-founder Nikhil Kamath and entrepreneur Sreeram Reddy Vanga with the former investing ₹200 crore and the latter investing ₹50…
Who is Jordan Hermann? South African batter, endorsed by AB de Villiers, equals record for highest score ODI debut
Jordan Hermann etched his name in history books when the left-handed South African opener steered his team close to 350-run mark in the first ODI against Namibia on Wednesday, with…
EID Parry eyes quarterly break-even in CPG business in 4-5 quarters
Murugappa Group’s EID Parry aims to achieve quarterly breakeven in its Consumer Products Group (CPG) segment in the next four to five quarters, driven by new product lines, distribution expansion…
Wheels India Board approves preferential issue of ₹180 crore
The Board of Directors of Wheels India, on Wednesday, approved the preferential issue on a private-placement basis for an aggregate consideration of ₹180 crore.The board has approved the issue of…
