Wow! Momo Wins Trademark Case Against Wow Punjabi
Court Grants Temporary Relief in Trademark Dispute Fast-food momo giant Wow! Momo has secured a temporary win in its ongoing trademark battle against multi-cuisine restaurant chain Wow Punjabi. The Delhi High Court recently issued a temporary injunction, prohibiting Wow Punjabi from using branding elements that could be confused with Wow! Momo’s established trademarks. This decision […]
Torrent Power Secures 150 MW Renewable Energy Deal
Torrent Power Limited, a leading Indian power company, has taken a significant stride towards solidifying its position as a frontrunner in the renewable energy sector. The company recently secured a letter of award to supply 150 MW of clean energy, marking a substantial step forward in its commitment to sustainable power generation. Project Details: A […]
CP PLUS Spreads Made-in-Bharat Solutions Across India
Indian security and surveillance giant, CP Plus, is embarking on an ambitious nationwide expansion plan to empower every corner of India with its “Made-in-Bharat” security solutions. This initiative aligns perfectly with the Indian government’s Atmanirbhar Bharat mission, which prioritizes self-reliance and fosters domestic manufacturing. More Than Just Manufacturing: A ₹300 Crore Push for Innovation CP […]
Zee Cuts 50% Staff at Bengaluru Tech Center
In a move shaking up the Indian media landscape, Zee Entertainment Enterprises Limited (ZEEL) announced a significant restructuring at its Bengaluru-based Technology & Innovation Centre (TIC) on March 29, 2024. The restructuring translates to a workforce reduction of roughly 50%, impacting an estimated 325 employees – a substantial figure considering ZEEL’s annual report for 2023 […]
IRDAI Lists LIC, GIC Re, New India Assurance as D-SIIs
The Insurance Regulatory and Development Authority of India (IRDAI) has kept Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC Re), and New India Assurance Company Limited (New India Assurance) on its list of Domestic Systemically Important Insurers (D-SIIs) for the 2023-24 financial year. This decision, marking the third consecutive year of […]
HPCL, Tata alliance for Nationwide EV Charging
India’s electric vehicle (EV) landscape is poised for a significant transformation. In a move that could significantly accelerate EV adoption, Tata Motors and Hindustan Petroleum Corporation Ltd (HPCL) have announced a groundbreaking partnership to establish a nationwide network of 5,000 EV charging stations. This strategic collaboration, signed between Tata Passenger Electric Mobility Limited (TPEM) and […]
Adani Green Energy Launches 775 MW Solar Projects in Gujarat
Adani Green Energy (AGEL), a subsidiary of the Adani Group, has cemented its position as a frontrunner in India’s renewable energy sector by successfully bringing online its colossal 775 megawatt (MW) solar power projects in Khavda, Gujarat. This achievement comes after AGEL secured all necessary clearances for the project. Landmark Project Bolsters Adani Green’s Renewable […]
Annapurna Swadisht Buys ‘Arati’ Oil Brand for ₹28 Cr
Packaged food major Annapurna Swadisht Ltd. has set its sights on a new segment with the acquisition of the well-established ‘Arati’ brand mustard oil from R R Proteins and Agro Ltd (RRPAL) for Rs 28 crore. This strategic move, announced on March 27th, 2024, marks the company’s entry into the dynamic and profitable edible oil […]
Varun Beverages Completes BevCo Acquisition in South Africa
Varun Beverages Ltd., the leading franchise bottler for PepsiCo, marked a significant milestone on March 27, 2024, by successfully finalizing the acquisition of The Beverage Company (BevCo) in South Africa. This strategic move strengthens Varun Beverages’ position as a major player in the African beverage market. Acquisition Details and Regulatory Clearances The acquisition encompasses BevCo’s […]
RVNL-Salasar JV Secures ₹60 Cr Central Africa Project
A joint venture (JV) between state-owned Rail Vikas Nigam Limited (RVNL) and Salasar Techno Engineering Limited (STEL), a private steel player, has secured a transmission project worth approximately Rs 60 crore ($7.15 million) in Rwanda. This marks a significant achievement for both companies, particularly for RVNL, traditionally known for its expertise in railway infrastructure development. […]