Ambuja Cements Ltd (ACL), the cement and building material company of Adani Cement and part of the diversified Adani Group on Thursday announced the acquisition of Sanghi Industries Ltd (SIL) at an enterprise value of Rs 5,000 crore. ACL will acquire 56.74 per cent shares of SIL from its existing promoter group, Ravi Sanghi and […]
Bhavish Aggarwal, Founder and CEO of Ola Electric Mobility said that the company is in line for an initial public offering (IPO) sooner than he imagined. The Indian startup began selling electric scooters in late 2021 and has emerged as the leader in India’s electric-scooter market with a 38 per cent share. Ola, backed by […]
Apple Inc’s stock market value has exceeded USD 3 trillion for the first time, buoyed by signs of improving inflation and optimistic projections of the company’s expansion into new markets. On Friday, Apple’s shares climbed 2.3 per cent to reach USD 193.97, resulting in a market capitalisation of USD 3.05 trillion, as reported by Refinitiv […]
FNP (Ferns N Petals), a gifting brand announced the appointment of Ashish Goel as the new Chief Technology Officer (CTO). Goel will spearhead the company’s technological advancements globally and lead the development of cutting-edge solutions to enhance the overall digital experience for its customers. With a global presence encompassing various geographies including India, UAE, Saudi […]
