Gulf Oil Lubricants India Limited (GOLIL) on Monday said it will acquire a controlling 51 per cent stake in Tirex Transmission Private Limited (Tirex), a manufacturer of DC fast chargers for EVs. The decision was officially approved during the Board of Directors’ meeting held on 27 August 2023. Tirex, a private company based in Ahmedabad, […]
Maersk, a global integrated logistics operator, on Monday said that it is planning to add over 300 electric vehicles to its fleet in India by October. The company has already deployed over 200 Electric Vehicles (EVs) across 15 cities in the country, and is planning to expand to another 11 cities, taking its overall EV […]
Bata India is in talks with Adidas for a strategic partnership that could likely boost the German sportswear maker’s presence in the South Asian country, CNBC-TV18 reported on Thursday. Bata India’s shares ended 5.3 per cent higher, logging their best day since April 2020. Shares rose as much as 7.3 per cent earlier in the […]
Blue Dart, South Asia’s express air and integrated transportation & distribution company, is all set to embark on a momentous chapter of growth and service to commemorate India’s Independence Day. As part of the ‘Azadi ka Amrit Mahotsav’ initiative, in celebration of the nation’s Independence Day, the company announces the inauguration of 15 company-owned retail […]
Wonderchef, a cookware and premium kitchen appliance company, has opened its 26th exclusive store in India in Mumbai Malad. With the vision of reaching out to more customers and offering them exceptional kitchen solutions, Wonderchef aims to open 50 exclusive stores across India by 2025. Additionally, the Company has a strong presence in about 15,000 […]
Nirula’s, a food chain announced the opening of its newest venture, Pan Asian, an exotic addition to their diverse portfolio of successful eateries. “We are thrilled to present Pan Asian to the residents and visitors of Golf Course Road,” said Sumedha Singhal, Director Marketing for Nirula’s. “Our commitment to delivering exceptional dining experiences, combined with […]
Maruti Suzuki India plans to double its production capacity to four million (40 lakhs) units in nine years from now, said Chairman RC Bhargava, hinting at what could be said to be the start of ‘Maruti 3.0’. Addressing shareholders in the company’s annual report for 2022-23, Bhargava said the company will, as soon as possible, […]
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 […]
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 […]
The Burger Company (TBC), a burger brand, announced its foray into the vibrant culinary landscape of Nepal with a master franchise agreement. Founder Neelam Singh expressed her enthusiasm regarding the expansion into Nepal, aiming to introduce the affordable casual dining experience in a unique Quick Service Restaurant (QSR) format, laden with rich and diverse Indianized […]
