 "Candytoy Corporate partners with Reliance Retail, expanding candy toy supply to 1,400 stores, poised for rapid growth and potential IPO.")
Candytoy Corporate, a prominent manufacturer of candy toys based in Indore, has teamed up with Reliance Retail to supply confectionery toys across 1,400 of its stores. The partnership, recently initiated, aims to have at least 200 stores operational by Diwali, generating a revenue run rate of Rs 2 crore per month. The company specializes in ...
 "CNG vehicles surge in India, outpacing petrol sales, driven by affordability, cleaner emissions, and expanding refueling infrastructure.")
Compressed natural gas (CNG) is rapidly gaining popularity among Indian car buyers, with sales of CNG vehicles rising by 46 percent in the first eight months of the year. This surge comes as petrol vehicle sales declined by 4.5 percent. Factors driving this trend include new car launches, increased CNG fueling stations, and manufacturers focusing ...
 "SAP Labs India, under Sindhu Gangadharan, embraces a transformative AI journey, expanding its R&D footprint with a massive Bengaluru campus.")
SAP Labs India, the largest R&D hub for SAP outside Germany, is actively expanding its operations with a new campus in Bengaluru aimed at driving global AI innovations. Managing Director Sindhu Gangadharan highlighted that the first phase of the EUR 80 million project is set for completion by Q2 2025. With 40% of SAP’s global ...
 "Reliance Power plans to raise ₹1,524.60 crore through a preferential issue, bolstering its net worth and expanding operations.")
Reliance Power is looking to raise Rs 1,524.60 crore through a preferential issue, pending shareholder approval. The company plans to issue up to 46.20 crore equity shares and convertible warrants at Rs 33 each. This move aims to boost its net worth from Rs 11,155 crore to over Rs 12,680 crore. The board’s decision, made ...
 "StayVista aims for a 2028 IPO to raise ₹600 crore, expanding its luxury villa portfolio from 1,000 to 2,500 properties.")
StayVista, a leading luxury villa rental company in India, is set to list on stock exchanges by 2028 to raise Rs 600 crore while expanding its portfolio from 1,000 to 2,500 properties within two and a half years. Co-founder Amit Damani reported that the company reached Rs 140 crore in revenue for FY24 and turned ...
 "Black Box CEO Sanjeev Verma outlines ambitious plans for 2027-28, targeting billion revenue by expanding India’s operational significance.")
Sanjeev Verma, CEO of Black Box, a part of the Essar Group, has announced plans for significant growth in India, aiming for the country to represent 7-8% of the company’s business as it seeks to reach $2 billion in revenue by 2027-28. Currently, India accounts for just 6% of revenue, which is around $750 million ...
 "Oil India Limited aims to drill 75 wells this year, expanding production as it navigates challenges in a volatile market.")
Oil India Limited (OIL) aims to drill over 75 wells this financial year as part of its ambitious drilling program, following a growth trend in the past years. The company reported a 6% net growth in crude oil and natural gas production despite a natural decline in existing sources. OIL targets an annual output of ...
 "Kalpataru Projects secures ₹2,774 crore in new orders, expanding into airport construction and enhancing its global engineering footprint.")
Kalpataru Projects International Ltd (KPIL), a leading engineering and construction company in India, has secured new orders worth Rs 2,774 crore. These projects include significant work in Transmission & Distribution overseas and an EPC project for the Airports Authority of India, as well as a Design & Build project for residential buildings in India. Manish ...
 "IndiGo Airlines aims for global dominance by 2030, expanding routes and cargo capabilities, while launching a business class by 2025.")
IndiGo Airlines is planning significant international expansion and improvements in its cargo operations to become a major global player by 2030. CEO Pieter Elbers announced the goal to double the number of international destinations to 40 by March 2025, targeting new markets for Indian travelers. The airline will also launch its business class offering, called ...
 "Prestige Estates raises ₹5,000 crore amid declining profits, expanding into Mumbai and Delhi-NCR markets despite project launch delays.")
Prestige Estates Projects Ltd, a major real estate developer, has successfully raised Rs 5,000 crore through a Qualified Institutional Placement (QIP) aimed at institutional investors. The share allocation consisted of nearly 29.9 million equity shares priced at Rs 1,674 each, reflecting a 4.62% discount from the floor price. With a strong presence in southern India, ...
