On December 30, shares of BlackBuck company, Zinka Logistics Solutions Ltd, faced a significant drop, hitting their lower price band of INR 506.85 after global brokerage firm Morgan Stanley initiated …
investment
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BusinessStartupsStartups InsightsTechnology
Kartik Hajela Resigns as Log9 COO, Joins Jupiter Electric Mobility to Lead e-LCV Segment
by Arti SinghKartik Hajela, cofounder and COO of Log9 Materials, has resigned after seven years to become Director at Jupiter Electric Mobility (JEM). This move follows the Log9-JEM merger, with Hajela overseeing …
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BusinessStartupsStartups Insights
JSW Steel Acquires Copper Mines from Hindustan Copper, Expanding into Non-Ferrous Metals Sector
by Arti SinghJSW Steel’s acquisition of two copper mines in Jharkhand from Hindustan Copper has led to a remarkable surge in its stock price. This strategic move marks the company’s entry into …
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IndiQube, a prominent Bengaluru-based managed workspace solutions provider, has filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering …
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BusinessStartup StoriesStartups Insights
DPIIT Collaborates with boAt to Empower Startups in Manufacturing and D2C Sectors
by Arti SinghThe Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with boAt, India’s leading audio and wearables company, to foster innovation and provide comprehensive support to DPIIT-recognized startups. …
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BusinessStartupsStartups Funding
RedTape Announces 3:1 Bonus Shares and ₹2 Interim Dividend Boost for Shareholders”
by Arti SinghRedTape, a small-cap company listed in India, has recently made headlines by announcing a 3:1 bonus share issuance alongside an interim dividend of ₹2 per share. This corporate move is …
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BusinessStartups FundingStartups Insights
Nazara Increases Stake in Absolute Sports to 81.94% with INR 73 Cr Investment
by Arti SinghNazara Technologies, a leading name in the Indian gaming industry, has raised its stake in its subsidiary, Absolute Sports, by acquiring an additional 10.26% equity for INR 72.73 crore. This …
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BusinessStartups FundingStartups InsightsTechnology
BPCL Secures ₹756 Cr NTPC Solar PV Project Order, Stock Rises Amid Green Energy Push
by Arti SinghBharat Petroleum Corporation Limited (BPCL) has gained significant market attention after securing a massive ₹756 crore order from NTPC for solar PV projects. The order solidifies BPCL’s position in India’s …
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BusinessStartups InsightsTechnology
Hisense Eyes Minority Stake in Epack Durable to Expand in India
by Arti SinghHisense Group, a China-based multinational known for its appliances and electronics, is in preliminary discussions with Epack Durable Private Limited (EDPL), an Original Equipment Manufacturer (OEM) based in Greater Noida, …
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BusinessStartupsStartups FundingStartups Insights
Ajinkya Rahane Invests in Proxgy’s Series A Funding Round
by Arti SinghAjinkya Rahane, renowned cricketer, has invested in Proxgy, an Internet of Things (IoT) technology firm, as part of its $3 million Series A funding round. Alongside Rahane, key investors include …