Project MAN: Casagrand and Singapore Firm’s Joint Venture to Revitalize Kanniyakumari Tourism
Casagrand Contracts Pvt Ltd, the EPC venture of Casagrand Group, and Our SHINE GOGLOBAL Ltd, a Singapore-based company, have announced a historic partnership to transform Kanniyakumari into India’s Cape Town with an investment of USD 300 million. The initiative, titled Project MAN, aims to create a conscious tourism destination that offers meaningful entertainment, eco-friendly wellness […]
Redefining Success: Mera Market Hits Milestone with 30 Franchises in Indian Ecommerce
Introduction In the dynamic world of Indian e-commerce, Mera Market has emerged as a beacon of success, reaching the significant milestone of establishing 30 franchises across the country. This achievement is not just a numerical triumph but a testament to the company’s innovative approach and commitment to supporting startups in the e-commerce sector. The Journey […]
Karnataka Government Approves 73 Projects Valued at Over Rs 3,900 Crore
Overview The State-Level Single Window Clearance Committee (SLSWCC) headed by Karnataka Minister M B Patil on Friday approved 73 projects worth Rs 3,935.52 crore. The projects are expected to generate employment for nearly 15,000 people, according to a statement . The projects cover various sectors such as manufacturing, renewable energy, food processing, warehousing and logistics. […]
Expanding Reach: Swiggy and Tata Neu Collaborate with HDFC Bank for Cobranding
HDFC Bank, India’s largest private bank, has partnered with two of the country’s leading consumer platforms, Swiggy and Tata Neu, to launch co-branded credit cards. The cards, which are powered by Mastercard, offer attractive cashback and rewards to the customers across various online platforms. Swiggy HDFC Bank Credit Card The Swiggy HDFC Bank credit card, […]
Preemptive Measures: Centre Files Caveats in High Courts Amid Fears of Stay Order on Sugar-Ethanol Ban
IntroductionThe central government has taken a preemptive measure to prevent any stay order on its recent ban on using sugar for ethanol production in the 2023-24 supply year. The government has filed caveats in the High Courts of Bombay and Karnataka, seeking to be heard before the courts pass any order on the petitions filed […]
Government to Directly Purchase from Over 300 Medical Device Manufacturers via GeM Portal
Introduction to GeM Portal The Government eMarketplace (GeM Portal), under the Commerce Ministry, serves as a significant public procurement platform. Recently, it established a groundbreaking memorandum of understanding (MoU) with the Association of Indian Manufacturers of Medical Devices (AiMeD). MoU Signing and Its Implications This MoU marks a pivotal step in transforming healthcare procurement in […]
Byju’s Valuation Plummets by 95%, Now Stands at $1 Billion: BlackRock
Introduction to Byju’s Valuation Drop In a startling turn of events, Byju’s, the Indian edtech giant, has seen its valuation dramatically reduced by BlackRock, a leading investment management company. The recent adjustment brought Byju’s valuation down from a peak of $22 billion to a mere $1 billion, marking a sharp 95% decrease. BlackRock’s Valuation Adjustment […]
MobiKwik and Adani One Join Forces to Provide Exclusive Travel Discounts
MobiKwik, a fintech company, has partnered with Adani One, an integrated travel platform, to offer exclusive discounts on flight bookings and duty-free products for their users. The partnership aims to leverage technology to make travel bookings and global brands more accessible and affordable across India. Flight Booking Offer Users who pay with MobiKwik Wallet on […]
TCPL’s Major Acquisition: Capital Foods and Organic India Jointly Valued at Rs 7,000 Cr”
Tata Consumer Products Ltd (TCPL), the Tata Group’s FMCG arm, has announced to acquire two companies – Capital Foods and Organic India – in separate deals that will expand its product portfolio and addressable market in fast-growing and high-margin categories. Capital Foods: A leading player in instant noodles and sauces Capital Foods is the owner […]
Quess Corp Inks Pact with Gujarat Technical University for Skill Development and Employment Generation
Introduction Quess Corp, a prominent business solutions provider in India, has recently signed a Memorandum of Understanding (MoU) with Gujarat Technical University (GTU), marking a significant step towards skill development and employment generation in the state. This collaboration aims to bridge the skill gap and create a talent pool ready to meet the growing industrial […]