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By Keshav Kulshrestha , 20 July 2025
T

Kotak Mahindra Prime Named as Tesla’s Financing Partner for India Rollout

As Tesla accelerates its entry into the Indian automotive market, Kotak Mahindra Prime has been selected as the preferred financier for the company’s electric vehicles in the country. This strategic alliance signals a crucial milestone in Tesla’s India ambitions, offering a robust financing framework for customers through one of India’s most trusted non-banking financial institutions. The partnership will play a pivotal role in making premium electric mobility more accessible to Indian buyers by providing tailored loan offerings.

Tags

  • Finance
  • Automobiles
By Kunal Shrivastav , 20 July 2025
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Dodla Dairy Acquires Osam Dairy in Rs. 271 Crore Strategic Expansion Deal

Dodla Dairy Ltd, one of India’s prominent dairy companies, has announced the acquisition of Osam Dairy for Rs. 271 crore in an all-cash deal. This strategic move marks a significant step in Dodla's expansion into the eastern Indian market, specifically in Jharkhand, Bihar, and West Bengal, where Osam has built a strong distribution and processing presence.

Tags

  • Dairy
  • India Business
  • Company News
By Vinod Pathak , 20 July 2025
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ITC Hotels Charts Bold Expansion Plan to Reach 220 Properties by 2030

ITC Hotels has unveiled an ambitious growth roadmap that will see its portfolio expand to 220 properties by the end of the decade. As part of a broader strategy to capitalize on India’s booming hospitality and tourism sectors, the company plans to enhance its presence across multiple segments—from luxury to mid-scale—through both owned properties and strategic partnerships.

Tags

  • Hotel Sector
  • Company News
By Manbir Sandhu , 20 July 2025
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Nuvoco Vistas Delivers Strong Q1 Performance with Rs. 133 Crore Profit Surge

Cement and building materials major Nuvoco Vistas Corporation Ltd has posted a strong set of numbers for the first quarter of FY26, registering a net profit of Rs. 133 crore — a remarkable turnaround from the Rs. 81 crore loss reported in the same period last year. Revenue from operations rose by 9% year-on-year to Rs. 2,700 crore, driven by improved volumes and higher realizations. The company’s ongoing operational efficiency measures and increased contributions from premium products significantly supported its margin expansion during the quarter.

 

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  • Company Results
  • Cement Sector
By Parvati Das , 20 July 2025
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Meta Issues Apology Over Inaccurate Kannada Translation, Vows to Strengthen Language Support

Meta Platforms Inc., the parent company of Facebook and Instagram, has publicly apologized following widespread backlash over an inaccurate Kannada translation that surfaced on one of its platforms. The error, which offended users and triggered criticism across social media, highlighted longstanding concerns around the handling of Indian languages by global tech firms. In response, Meta acknowledged the mistake, assured corrective measures, and reiterated its commitment to improving the quality and sensitivity of regional language services.

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  • Trending
  • Social Media
  • AI
  • Technology Sector
By Nimrat , 20 July 2025
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Torrent Pharmaceuticals to Acquire JB Chemicals in Rs. 19,500 Crore Mega Deal

In a landmark move set to reshape India's pharmaceutical landscape, Torrent Pharmaceuticals is poised to acquire JB Chemicals & Pharmaceuticals Ltd. in a transaction valued at Rs. 19,500 crore. The deal, one of the largest in the Indian pharma sector to date, underscores Torrent’s aggressive growth strategy and desire to consolidate its position among the country's top-tier drugmakers. This acquisition will significantly boost Torrent's presence in high-growth therapeutic segments and expand its footprint across international markets, especially in regulated geographies.

Tags

  • Pharmaceutical
  • Business
By Amrita Bhatia , 20 July 2025
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Ashwin Sheth Group Unveils Rs. 3,800 Crore Luxury Housing Project in Mumbai’s Golden Mile

Mumbai’s real estate market is poised for a fresh wave of upscale development as Ashwin Sheth Group announces a landmark residential project with a projected investment of Rs. 3,800 crore. Strategically located on the city’s “Golden Mile” in the prime stretch of Ghodbunder Road, the high-end development spans nearly 52 acres and promises to deliver over 6 million square feet of luxurious living space.

Tags

  • Real Estate
  • Business
By Nimrat , 20 July 2025
E

IFC Injects Rs. 167 Crore into Transvolt Mobility to Accelerate India’s EV Manufacturing Ambitions

In a strategic move to bolster India’s electric vehicle (EV) manufacturing ecosystem, the International Finance Corporation (IFC) has committed a Rs. 167 crore (approximately $20 million) equity investment in Transvolt Mobility, a subsidiary of battery maker Everest Fleet. The funds will support the construction of a cutting-edge lithium-ion battery and EV assembly facility in the state of Uttar Pradesh. This investment aligns with IFC’s broader climate goals while strengthening India’s growing push for clean energy adoption, domestic manufacturing, and mobility electrification.

Tags

  • Technology Sector
  • EV
  • Business
By Kunal Shrivastav , 20 July 2025
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PM Dhan-Dhaanya Yojana Rolls Out Rs. 24,000 Crore Lifeline to Strengthen India’s Farm Economy

In a decisive step to fortify rural incomes and stimulate agricultural growth, the government has unveiled a Rs. 24,000 crore allocation under the PM Dhan-Dhaanya Yojana. This initiative aims to directly bolster farmers’ earnings, enhance crop productivity, and modernize critical agri-infrastructure across the country. The funding underscores New Delhi’s focus on ensuring food security and empowering rural households, which form the backbone of the economy.

Tags

  • Agriculture
  • Economy
By Agamveer Singh , 20 July 2025
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Reliance Resurrects Kelvinator in Strategic Push into Home Appliance Segment

Reliance Retail has acquired the iconic Kelvinator brand in a significant move that strengthens its presence in India's expanding consumer durables and home appliances market. Once a household name, Kelvinator is set for a revival under Reliance's stewardship, with plans to reintroduce a range of products including refrigerators, washing machines, and air conditioners. This strategic acquisition aligns with Reliance’s broader ambition to dominate the electronics and white goods sector through its omni-channel ecosystem, price disruption, and wide distribution reach.

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  • Electronics
  • Retail
  • Company News

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