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Articles for Companies & Markets

Barista Is On Track To Become India's Top Café Chain: Rajat Agrawal

In an exclusive interview with BW Businessworld, Rajat Agrawal, CEO of Barista Coffee, shared insights on the company's current market position, expansion strategies, and its response to growing competition in India's booming coffee market

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Delhivery Challenges Ecom Express' DRHP Data, Alleging Misrepresentation

As per reports, Delhivery claims that Ecom Express inflated shipment volumes by counting parcel returns as new shipments, a practice Delhivery does not follow

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Swiss Authorities Freeze $311 Mn Allegedly Linked To Adani Proxy; Adani Group Denies Involvement

Hindenburg Research, in a post on ‘X’ (formerly Twitter), stated that “Swiss authorities have frozen more than USD 310 million in funds across multiple Swiss bank accounts as part of a money laundering and securities forgery investigation into Adani.”

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Ford To Reopen Chennai Plant For Vehicle Exports, Informs Tamil Nadu Government

Ford’s return to Tamil Nadu marks a significant development after the automaker ceased production in India in September 2021 as part of a global restructuring plan

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NCLAT Issues Notice To IndusInd Over Reliance Capital Lenders' Interest Payment Plea

The lenders are now urging the appellate tribunal to mandate that IIHL pay interest on the upfront cash amount until 8 August 2024, and also on the debt component of Rs 9,660 crore from 8 August 2024, until the transfer date of the full payment

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Nazara Technologies Invests Rs 982 Cr In Pokerbaazi-parent Moonshine Technology

The investment includes Rs 832 crores for a 47.7 per cent ownership through a secondary transaction and Rs 150 crore in primary capital via compulsory convertible preference shares

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Adani Group Rejects Allegations Concerning Swiss Bank Accounts, Terms Them Baseless

As the Adani-Hindenburg saga intensify, Swiss authorities freeze USD 310 million across six bank accounts linked to Gautam Adani

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BLS International To Acquire 100% Stake In Citizenship Invest For $31 Mn

The transaction is expected to be completed by 31 October 2024, subject to necessary approvals

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