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G.O.A.T Brand Labs raises USD 50 mln

G.O.A.T Brand Labs raises USD 50 mln

Direct to consumers brand aggregator G.O.A.T Brand Labs on Thursday said it has secured USD 50 million (about Rs 390 crore) in funding as part of Series A1 round. The round saw the participation from new investors, including Winter Capital, 9Unicorns, Venture Catalysts, Vivriti Capital and Oxyzo along with most of the company's existing investors, [...]
4 Defensive stocks that can help you survive bear markets

4 Defensive stocks that can help you survive bear markets

Markets have been experiencing selling pressure since the start of this week as the NIFTY50 declined 460 points or more than 2.8% and was trading at 15,671 points as of 11:20 IST. Considering 1 year's performance, the index levels remain the same. While taking the year-to-date performance, the benchmark 50 stock basket has declined 11%. [...]
Xpressbees sets up engineering centre in Bengaluru

Xpressbees sets up engineering centre in Bengaluru

Third-party end-to-end logistics provider Xpressbees on Thursday said it has set up an engineering centre in Bengaluru to bring in specialised competencies and attract IT talent. The over 600-seat capacity engineering centre at Bengaluru is the second such facility of Xpressbees after Pune. The centre will focus on cutting-edge research, end-to-end logistics management and knowledge [...]
Strides Pharma arm gets EU-GMP certification for two facilities

Strides Pharma arm gets EU-GMP certification for two facilities

Strides Pharma Science on Thursday said its subsidiary has received EU-GMP certification  for two of its manufacturing facilities from Hungary's National Institute of Pharmacy and Nutrition. Stelis Biopharma, an emerging biopharmaceutical and vaccine Contract Development and Manufacturing Organisation (CDMO) and the biologics arm of Strides Pharma, has received the European Union Goods Manufacturing Practices (EU-GMP) [...]
Viacom18 says has become one of the largest sporting destinations in India after bagging IPL digital rights

Viacom18 says has become one of the largest sporting destinations in India after bagging IPL digital rights

Reliance Industries-backed Viacom18 on Wednesday said its platforms have become one of the largest sporting destinations in India following the acquisition of digital rights of IPL for the seasons from 2023 to 2027. On Tuesday, BCCI had announced that India digital rights for IPL were acquired for Rs 20,500 crore by Viacom18, which also won [...]
UPL acquires 100% stake in Kudos Chemie

UPL acquires 100% stake in Kudos Chemie

Agrochemical major UPL Ltd on Wednesday said it has acquired 100 per cent stake in Punjab-based Kudos Chemie through its wholly-owned subsidiary in a bankruptcy resolution process. The National Company Law Tribunal (NCLT) Chandigarh bench gave its approval to UPL's resolution plan submitted under the Insolvency and Bankruptcy Code (IBC) for revival of Kudos Chemie, [...]
Two Markfed officials dismissed over charges of embezzlement in wheat stock

Two Markfed officials dismissed over charges of embezzlement in wheat stock

Two officials of Punjab cooperative federation Markfed have been dismissed from service over charges of embezzlement in wheat stock and involvement in other irregularities. Markfed's Managing Director Ramvir dismissed the two officials on Monday after an enquiry into the matter. The matter came to fore after physical verification of the stock at Guruharsahai branch office. [...]
The Benefits of Using GST Billing Software for Your Business

The Benefits of Using GST Billing Software for Your Business

GST Billing Software: When it comes to accounting, billing, and product inventory, the biggest challenge that most companies face is that they don’t have the manpower to manage all these processes on their own. They also don’t have the time or money to hire someone to do it for them. So what’s the solution? For [...]
PhonePe prepping for IPO; seeks valuation of USD 8-10 billion

PhonePe prepping for IPO; seeks valuation of USD 8-10 billion

PhonePe, part of the Walmart Inc-controlled Flipkart group, is considering to raise funds through an initial public offering for expanding its financial services portfolio and deepening its core United Payments Interface (UPI)-based payments operations, investment banking sources said on Wednesday. The digital payment company is seeking a valuation of USD 8-10 billion, they added. According [...]
GE acquires 49% stake in Continuum’s onshore wind farm

GE acquires 49% stake in Continuum’s onshore wind farm

GE Energy Financial Services, an arm of GE, has acquired a 49 per cent stake in Continuum Green Energy's 148.5 megawatt Morjar onshore wind project in Gujarat for an undisclosed sum. This transaction marks GE EFS' first onshore wind equity investment in Gujarat through a structured preferred equity solution, the company said in a statement. [...]
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