Kansai Nerolac Paints (KNPL), the paint company in India, on Friday at the Board meeting announced its unaudited results for the first quarter of financial year 2023-24. For the quarter, the company declared Net revenue of Rs. 2071.2 crore, a growth of 6.5 per cent over the corresponding quarter of the previous year. The earnings […]
Red Fort Capital funds Rs 100 million to Brick and Byte Innovative Products to support their working capital requirements. They are a sheet metal fabricator based in Navi Mumbai, Maharashtra. Their major customers include corporates like Bharat Electronics India, EON Global, Vertiv Energy, Tokheim, and more. Brick and Byte is a 20-year-old manufacturer with expertise […]
Kalyan Jewellers India, the jewellery brand, has announced its expansion plan for August across India with 11 new showrooms. With this expansion, the jewellery brand will mark the milestone of its 200th showroom launch globally in Jammu. Today, Kalyan Jewellers is present across 22 states and union territories in India as well as 4 countries […]
Punjab Grill, a restaurant chain announced its expansion plan. Currently, Punjab Grill stands with a network of 33 outlets. The brand has planned an ambitious expansion drive, come 23 August, the restaurant chain is excited to open five new outlets in prime locations across the country such as Hyderabad, Bangalore, Pune, and Delhi NCR. Furthermore, […]
Apple and its banking partner, Goldman Sachs, their high-yield savings account has now exceeded USD 10 billion in customer deposits. The deposit account, introduced in April, offers Apple Card users an attractive annual percentage yield (APY) of 4.15 per cent on their savings. The surge in customer deposits can be attributed to the competitive interest […]
Paytm, India’s leading payments and financial services company and the pioneer of mobile and QR payments, has announced its business operating performance for July 2023. The company continues to strengthen its leadership in in-store payments with 82 Lakh devices deployed, a growth of 101 per cent YoY. The company has added 3.8 lakh devices in […]
Tata Consumer Products (TCP), on Thursday, announced its entry into the premium Kashmiri saffron category under its provenance brand – Himalayan. This launch is in line with the company’s focus on expanding into new categories with differentiated products with strong quality credentials. With the launch of Grade 1, 100 per cent pure Kashmiri saffron, the […]
Ambuja Cements Ltd (ACL), the cement and building material company of Adani Cement and part of the diversified Adani Group on Thursday announced the acquisition of Sanghi Industries Ltd (SIL) at an enterprise value of Rs 5,000 crore. ACL will acquire 56.74 per cent shares of SIL from its existing promoter group, Ravi Sanghi and […]
Early-stage venture fund pi Ventures, which invests in disruptive Artificial Intelligence and DeepTech startups, has announced the final close of its second fund with a total commitment of Rs 702 crore (USD 85 Mn), closing well above its base target of Rs 565 crore. The fund is backed by multiple institutional players such as BII, […]
Scuzo Ice ‘O’ Magic, a live popsicle concept and dessert café introduced its debut outlet in Noida. Situated at LGF 53A, Tower C, Spectrum Metro, Phase 1, Sector 75, Noida, Uttar Pradesh 201307. Beyond popsicles, the brand presents a variety of desserts. Relish the delicious options, including ice cream waffles, pancakes, milkshakes, Dessert cakes, and […]
