State-owned oil firm ONGC Videsh (OVL) got a new potential acquisition partner in Oil India for a 50 per cent stake in Tullow Oil Plc, a USD 3.4 billion oilfield project in Kenya, according to a media report on Monday. It said the new partnership will replace a reluctant Indian Oil (IOC) union with ONGC […]
HTL has received the purchase orders aggregating to Rs 221.95 crore, consisting of purchase orders of Rs 179.24 crore from Reliance Projects & Property Management Services for the supply of optical fibre cables and Rs 42.71 crore from Reliance Jio for supplying indigenously designed, developed and manufactured 700 MBPs and 1GPBS point-to-point unlicensed band radios. […]
Hindustan Unilever (HUL) in collaboration with Genpact announced the launch of an accelerator programme aimed at scaling businesses owned by minority and underrepresented groups in India. The objective of the initiative is to promote diverse and sustainable sourcing by facilitating the inclusion of minority-owned businesses in the supply chains of major consumer goods companies, including […]
Timex Group expands its consumer reach in the country by acquiring ‘Just Watches’. The vision is to continuously enhance the consumer shopping experience by being available at consumer shops and serving them a meaningful range of brands to choose from. This acquisition is to provide single stop shop for their consumers for all their watch needs. Timex […]
Delhivery, a logistics services provider on Saturday announces to make a strategic investment in Vinculum, a global software enabling omnichannel retailing for D2C enterprises, brands, brand distributors and quick commerce companies. The investment is the first part of a potential 2-stage deal that provides Delhivery with the option to further increase its shareholding in the […]
The global retail giant Walmart is geared up to boost its exports from India, aspiring to reach an annual revenue of USD 10 billion by 2027, according to the news agency PTI. It’s been reported that the organisation is seeking to source toys, shoes, and bicycles from Indian suppliers. Also, Walmart intends to establish new […]
Bonn Group of Industries, one of India’s leading manufacturers of FMCG Food products, has launched Millet Bread and other bakery products under its category like Millet Pizza and Millet Burger. Packed with the goodness of Jowar, Bajra, and Ragi, Bonn Millet bakery products are a beneficial superfood and an excellent source of essential nutrients. With […]
Deloitte announced the opening of three new delivery offices in Pune, Chennai,, and Kolkata to serve companies globally. This move is in response to the growing demand for skilled professionals across Deloitte’s advisory businesses. In the coming year, over 10,000 skilled professionals specialising in various areas such as artificial intelligence, data analytics, cybersecurity, cloud, human […]
Following consecutive quarters of standout financial results, many expected Singapore Airlines (SIA) to turn in a dazzling set of numbers last week when it announced its full-year results. Singapore’s national carrier did not disappoint as it reported the highest annual profit in its 76-year history. For the financial year ending March 2023, the SIA Group […]
Wakefit, said that it has clocked in revenue of Rs 825 crore in FY 2022-23. The brand has put in focused efforts towards omnichannel expansion, scaling supply chain operations, and enhancing brand building initiatives. Having registered a 30 per cent Year on year (Y-o-Y) growth in revenue compared to FY 2021-22, Wakefit.co continues its growth […]
