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Havells can make a mark in kitchen appliances, but slowly Considering a potential market share of 7-8% in the organized space, a new product category would add revenue of ₹1,000 crore over the next three to four years.

IndiGo co-founder Rakesh Gangwal invests $20 million in Zetwerk Gangwal, who co-founded IndiGo with Rahul Bhatia in 2005, has been looking to diversify his investments since February 2022, when he resigned from the IndiGo board as a non-executive, non-independent director.

Sebi bars JM Financial from taking new mandates amid lapses in debt issue SEBI's decision came a day after RBI barred JM Financial from lending against shares and debentures citing regulatory lapses

AU SFB to focus on integration over the next 9-12 months AU SFB intends to maintain the expansion of the microfinance loan book within the southern region for the time being

Go First’s resolution professional issued contempt notice by Delhi HC The insolvency professional would need to explain why contempt proceedings should not be initiated against him, but no coercive action would be taken nor would he need to be summoned, the court said

Everstone set to exit Calibre Chemicals, appoints JP Morgan Everstone, founder-promoter Ranjit Bhavnani’s family looking to offload around 90% stake in the company in a secondary sale

Vinit Teredesai resigns as LTIMindtree CFO, Vipul Chandra to take over This resignation adds to the wave of senior-level exits that LTIMindtree has seen since its merger came into effect November 2022

Colossa Ventures raises ₹100 crore for women-focused fund The fund will focus on the health-tech, fintech, climate and clean-tech, deep-tech, and consumer sectors

Varun Beverages to expand capacity for juices, dairy beverages The company said its growth strategy involves continuously strengthening the distribution network and chilling infrastructure.

Mompreneurs Show announces winners: HT CEO Praveen Someshwar mentored them The Mompreneurs show is a hunt for India's top mom-led startups

Nazara Technologies seeks to acquire Smaaash under IBC As a part of the corporate insolvency resolution process, Nazara is set to submit its resolution plan by 9 March to revive the bankrupt firm

IndiGo co-founder Rakesh Gangwal to sell 3.3% stake in InterGlobe Aviation The sale, estimated to be worth ₹3,730 crore ($450 million), will see the offer floor price set at ₹2,925 per share

Supreme Court rejects JKC's plea challenging sale of Jet Airways aircraft to Ace Aviation The court upheld the NCLAT’s decision that allowed the sale, saying it would benefit JKC by providing additional funds to clear lenders' dues and revive the airline.

Aviva Plc to buy back shares worth £300 million Aviva's operating profit increased 9% to £1.467 billion ($1.9 billion) in 2023. Aviva also declared a final dividend of 22.3 pence a share. With this, the total dividends for the year stand at 33.4 pence, up 8% from the previous year.

Tata Motors to hike price of commercial vehicles by 2% from April 1 Tata Motors to hike price of commercial vehicles by 2% from April 1

Female founders in India face funding biases, receive $300 million in nine-month: Report India's women founders face funding discrimination, with only 163 out of 799 deals going to ventures with female founders. Female-founded ventures raised $300 million out of $6646 million total funding

SingTel sells 0.8% stake in Bharti Airtel to GQG Partners for $711 million This move is part of SingTel's – Southeast Asia's largest telecom operator – ongoing capital recycling efforts, marking a total of S$8 billion since its strategic reset in 2021.

Adani Enterprises Dubai arm acquires France-based Le Marche Duty Free SAS for €5,000 This strategic move aims to bolster the company's presence and growth within the duty-free industry. Adani Enterprises emphasized the significance of this acquisition in a filing to the exchange, highlighting...

Moody’s affirms Tata Motors’ BA3 ratings, maintains positive outlook The latest rating affirmation follows TML's announcement earlier this week that its board of directors have agreed in principle the demerger of its operations into two separate listed companies for commercial vehicles (CVs) and...

Former Google engineer charged with AI theft and alleged collaboration with Chinese firms Chinese national Linwei Ding was apprehended in Newark, California, and faces four counts of federal trade secret theft. Each count carries a potential sentence of up to 10 years in prison.