New Delhi [India], Mauritius-based global investment firm, Nexpact Limited, has acquired a stake in leading health-focused consumer products company, Aayush Wellness Limited (BSE: 539528), which has delivered multi-bagger returns to investors over the past year.
Read More
Economists are speculating over the future of Das in the wake of data showing the South Asian economy expanded 5.4% from July to September, a seven-quarter low and far below the Reserve Bank of India’s 7% projection.
Read More
Despite geopolitical tensions in the Middle East and a strong USD, the Indian Rupee remains one of the best-performing Asian currencies. Finance Minister Pankaj Chaudhary attributes this resilience to India’s robust economic fundamentals. Global events and market factors continue to…
Read More
Smartworks, a flexible workspace provider, has received SEBI approval for its IPO. The company operates in 13 cities in India and has expanded to Singapore. Keppel Ltd. is a major investor in Smartworks, having invested $29 million.
Read More
Renault Group and Geely each retain 45% ownership of Horse Powertrain. Aramco’s involvement seeks to leverage its research and development expertise and explore innovative approaches to reduce transport emissions, including alternative fuels and efficient engine technologies.
Read More
Pricol Limited is buying Sundaram Auto Components Limited’s injection moulding business for INR 215.3 crore. The acquisition is expected to add around INR 730 crore to Pricol’s revenue. Pricol plans to strengthen its position in the automotive sector by leveraging…
Read More