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ICICI Lombard invests ₹563 crore in stakes of ITC, Axis Bank
ICICI Lombard invests ₹563 crore in stakes of ITC, Axis Bank ICICI Lombard General Insurance has recently bolstered its investment portfolio by acquiring stakes in two prominent Indian firms, ITC Limited and Axis Bank, totaling ₹563 crore. This strategic move signifies ICICI Lombard's intent to diversify its holdings across key sectors, including finance and FMCG, as these companies are leaders…
Air India orders 100 Airbus aircraft
Air India orders 100 Airbus aircraft India’s Air India owners, the Tata Group, have signed contracts for an additional 100 airplanes with Airbus: 90 of A320 family and 10 of A350 wide-body aircraft. Costing about $6.4 billion after discounts, it supplements another order of 470 aircraft with Airbus and Boeing placed in February 2023. There has been a dramatic transformation…
Britannia is in discussions to acquire Kishlay Foods
Britannia is in discussions to acquire Kishlay Foods Britannia Industries is in advanced talks to acquire a controlling stake in Kishlay Foods, a prominent snack manufacturer based in Guwahati, Northeast India. With an estimated valuation between ₹600-700 crore, the deal is expected to strengthen Britannia’s foothold in the region and broaden its product portfolio to include categories like noodles and…
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Evolution Strategy Advisors (ESA)
Evolution Strategy Advisors (ESA) In the ever-evolving world of business, few names…
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Standard Chartered raises €1B social bond, 57% for India
Standard Chartered raises €1B social bond, 57% for India Standard Chartered has…
Vahdam Teas secures ₹25 crore for expansion
Vahdam Teas secures ₹25 crore for expansion High-end Indian tea brand Vahdam…
ICICI Lombard invests ₹563 crore in stakes of ITC, Axis Bank
ICICI Lombard invests ₹563 crore in stakes of ITC, Axis Bank ICICI…
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Airtel and Tata Play halt merger talks
Airtel and Tata Play halt merger talks Bharti Airtel and Tata Group have formally ended talks on a planned merger between their Direct-To-Home (DTH) operations—Airtel Digital TV and Tata Play.…
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