 "Compass Group India aims to capture significant market share, planning to double its business in food services over the next three years.")
Compass Group India is rapidly expanding its food service business in India, aiming to double its operations every three years. The company, recently acquiring ICS Foods, is focusing on sectors like manufacturing, education, and healthcare. With a goal to serve over two million meals daily and grow its presence to 600 client locations by 2027, ...
 "JSW Group commits to its Rs 40,000 crore EV project in Odisha, amid rumors of relocating to Maharashtra, despite delays.")
The JSW Group has confirmed it is not withdrawing its proposed Rs 40,000 crore electric vehicle (EV) and battery project from Odisha, despite media reports suggesting a shift to Maharashtra. Ranjan Nayak, an executive from the company, emphasized their commitment to the original plan, which includes setting up a significant manufacturing facility and related units ...
 "Sebi chairperson Madhabi Puri Buch faces scrutiny over undisclosed conflicts of interest amid allegations linked to the Adani Group.")
Sebi Chairperson Madhabi Puri Buch has faced scrutiny regarding her potential conflicts of interest, as highlighted in a recent RTI response. The securities Market regulator indicated that compiling information on instances where Buch recused herself would require significant resources and is not readily available. Additionally, requests for details on her financial disclosures were denied, citing ...
 "Siddharth Shankar’s Tails Trading Group sells its private labeling arm for GBP 395 million, marking a strategic milestone in global trade.")
Tails Trading Group, a UK-based supplier of consumer packaged goods led by Indian entrepreneur Siddharth Shankar, has sold its private labelling division for GBP 395 million to an international investor consortium. The labelling division supplies various products, including food, beverages, and household items, to major retailers and airlines across North America and Europe. Shankar views ...
 "Gaurs Group prepares for an IPO amid soaring demand, fueled by a record-breaking luxury housing project launch.")
Gaurs Group is set to launch its Initial Public Offering (IPO) within the next 18 months, aiming to expand its operations in response to strong consumer demand. The company’s Chairman, Manoj Gaur, announced plans to grow its housing project development across the Delhi-NCR region. Following the successful launch of a luxury housing project in Ghaziabad ...
Bajaj Housing Finance Ltd (BHFL) made a remarkable Market debut, significantly boosting the Bajaj Group’s Market capitalization to Rs 13.6 trillion, up by 9.3% from the previous figure of Rs 12.1 trillion. BHFL’s Market cap soared to Rs 1.37 trillion, exceeding its IPO valuation of approximately Rs 58,300 crore. In contrast, the Adani Group’s Market ...
 "Congress alleges a “rigged deal” by the Adani Group for Maharashtra’s power supply, as the ruling government faces impending defeat.")
Congress MP Jairam Ramesh has accused the Mahayuti government in Maharashtra of facilitating a “rigged deal” after the Adani Group won a bid to supply 6,600 MW of bundled renewable and thermal power to the state. This comes as the government faces the prospect of a significant defeat in the upcoming assembly polls. Ramesh criticized ...
 "Adani Group denies involvement in Swiss court proceedings amid allegations of frozen funds linked to money laundering investigations.")
The Adani Group has firmly stated that it is not involved in any Swiss court proceedings, following claims by Hindenburg Research. The U.S.-based firm suggested that Swiss authorities had frozen over $310 million of Adani’s assets related to a money laundering and securities forgery investigation. This assertion was supported by Swiss court records detailing investments ...
 "PhonePe partners with Liquid Group to enable seamless UPI payments for Indian travelers in Singapore, enhancing their travel experience.")
Walmart’s fintech company, PhonePe, has teamed up with Liquid Group to enhance payment options for Indian travelers in Singapore. This partnership allows PhonePe users to easily scan QR codes at various locations, including popular tourist spots like Changi Airport, restaurants, and shops. Ritesh Pai, CEO of International Payments at PhonePe, expressed excitement about enabling quick ...
 "Lulu Group plans to boost Indian agricultural imports to Rs 15,000 crore, emphasizing organic produce as expansion accelerates globally.")
Lulu Group, based in the UAE, is aiming to boost its Indian agricultural procurements to Rs 15,000 crore within the next two years as part of its global expansion. Chairman M A Yusuff Ali announced a special focus on organic products, targeting an initial value of Rs 2,000 crore, which could rise to Rs 4,000 ...
