market expansion

New Delhi, March 26 ELMED Life Sciences announced on Thursday that it has raised USD 2.7 million (Rs 25 crore) in Series A funding from AgriSURE Fund, an agri-focused investment fund managed by NABVENTURES, the venture capital arm of the National Bank for Agriculture and Rural Development...

New Delhi, March 26 Turtlemint Fintech Solutions Ltd, which is expected to launch its initial public offering (IPO) in May, plans to invest over ₹218 crore in cloud and server-related infrastructure, as well as strengthening its technology and product development teams, as it looks to drive...

Chennai, March 24 Imaging product maker Nikon India has set up its Experience Centre in the city, aimed at strengthening its engagement with photographers, filmmakers, and digital creators.The Experience Zone highlights Nikon India's focus on going beyond traditional retail to create...

New Delhi, March 22 Dredging Corporation of India aims to more than double its revenue to Rs 3,000 crore in the next five years, the company's MD & CEO, Capt S Divakar, said, adding that the company is looking to explore new markets and areas to achieve this goal.Dredging Corporation of India...

New Delhi, March 19 Thomson, a major French electronics company owned by Talisman Brands, which entered the home refrigerator segment on Wednesday, plans to be "more aggressive" in the Indian appliance market, a company official said.Following its success in the LED TV segment here, where...

New Delhi, March 18 Thomson, a major French electronics company owned by Talisman Brands, which entered the home refrigerator segment on Wednesday, plans to be "more aggressive" in the Indian appliance market, a company official said.Following its success in the LED TV segment here, where...

New Delhi, March 17 Strides Pharma Science announced on Tuesday that it has entered into an agreement with Sandoz AG to acquire certain branded generic products across Sub-Saharan Africa.Strides Pharma International AG (SPIAG) has entered into definitive agreements with Sandoz AG, Switzerland...

New Delhi, March 6 Reliance Consumer Products Ltd (RCPL), the FMCG arm of Reliance Industries, said on Friday that it has signed an agreement with Finland's leading food company Fazer to produce, market, and distribute branded premium chocolates in the Indian market.Both entities have signed a...

New Delhi, March 6 Rays of Belief Ltd, the parent company of Mom's Belief, is planning to raise over ₹100 crore through its IPO to expand its network of neurodevelopmental disorder centres, aimed at supporting children with developmental challenges and their families across the country.The...

New Delhi, March 6 Swedish furniture retailer IKEA, which is expanding in India through an omnichannel approach, expects its operations in the country to be profitable by the end of FY28, and plans to add 25 new small and medium-format stores in the next four-five years, a top company official...

New Delhi, March 5 Kiaasa Retail, an ethnic wear retail brand that was listed on exchanges earlier this week, plans to double its sales network by having 250 stores in the next three years.The NCR-based company plans to use the proceeds from the listing to open around 70 stores in a couple of...

New Delhi, March 5 American beauty major Estee Lauder announced on Thursday the acquisition of its remaining stake in the Ayurveda-based beauty brand Forest Essentials, without disclosing the transaction value.After 18 years of making its initial investment, Estee Lauder Companies has now...

Mumbai, March 3 Leading olive oil producer Deoleo has appointed Vishal Sarin as General Manager, India.Prior to joining Deoleo, Sarin was part of Unilever's India Customer Development leadership team as General Manager - Central India, the olive oil company with the flagship brand Figaro said...

New Delhi, March 3 Home services startup Pronto has raised USD 25 million (approximately Rs 230 crore) in a funding round led by Epiq Capital.Existing investors Glade Brook Capital, General Catalyst, and Bain Capital Ventures also participated in the Series B funding round.The...

February 24, New Delhi: On the second day of the International Spice Conference in Kochi, Shashi Tharoor emphasized India's leading position in the global spice trade.He stated that the global spice market is expanding rapidly, and as the world's largest producer, India remains a formidable...

New Delhi, February 22 Aurobindo Pharma aims to increase its production of Penicillin-G to over 10,000 metric tonnes annually over the next 12 months, according to company CFO S Subramanian.The Hyderabad-based drug manufacturer also expects its manufacturing plant in China to achieve EBITDA...

New Delhi, February 18 India has gained significant momentum in creating opportunities for AI through proactive policies, and the country's businesses can benefit from the new "mega wave" of technology, Zscaler, Inc. CEO, Chairman, and Founder Jay Chaudhry said on Wednesday.Speaking at the AI...

Melbourne/Chennai, February 17 Cricket Australia (CA) is considering hosting a Big Bash League (BBL) game in India next season, preferably at the Chepauk in Chennai, in an effort to tap into the lucrative market there, according to a report.A senior official of the Tamil Nadu Cricket...

New Delhi, February 16 The bakery company, Britannia Industries, will invest to compete against smaller players and in e-commerce to strengthen its position in product categories like biscuits, rusk, cake, croissants, and wafers.As part of its strategy, Britannia will adopt a "startup...

New Delhi, February 16 Reliance Consumer Products, the FMCG arm of Reliance Industries, said on Monday that it has signed a definitive agreement to form a majority-owned joint venture with the Nigerian conglomerate, Tropical General Investments Group.This partnership will significantly expand...