Company News

Aspirational consumers drive Crocs expansion into Tier-2, Tier-3 markets

Crocs has added 20 stores to its network of 300 outlets in India since the start of the year as it looks to tap aspirational consumers in smaller cities and towns

ElevenLabs targets voice AI service in 22 Indian languages, says CEO

ElevenLabs currently offers speech-to-text and text-to-speech services in 14 Indian languages and plans to cover all 22 official languages over the next year

ElevenLabs targets voice AI services in all 22 Indian languages, says CEO

ElevenLabs is expanding its voice AI services across Indian languages as businesses and governments explore more natural ways to interact with AI

Delhi HC allows Reliance to sell Campa as 'energy drink', stays FSSAI order

The court granted interim relief to Reliance Consumer Products against an FSSAI directive restricting the use of the term 'energy drink' for high-caffeine beverages

Neuberg, NM Medical consolidate Maharashtra operations, eye wider reach

The combined Maharashtra business is expected to generate around ₹500 crore in revenue this year, with plans to establish a presence in every district headquarters

India becomes TDK Ventures' second-largest investment hub globally after US

The venture-capital fund invests in early stage of a startup and believes in patient capital, holding investments for 10-12 years

Reliance gets court relief over FSSAI ban on Campa's 'energy drink' label

The relief came after the Food Safety and Standards Authority of India (FSSAI) in June directed makers of high-caffeine beverages sold as 'energy drinks' to stop using the description

Meesho content commerce surges 152% as non-metro creators drive growth

About 90 per cent of Meesho's active creators are nano-creators, while 81 per cent come from non-metro India and 66 per cent of orders come from Tier-III and Tier-IV markets

Razorpay helps Indian brands tap ChatGPT ads as AI reshapes discovery

Razorpay Engage is rewriting product catalogues, managing campaigns and measuring performance as brands look to reach consumers discovering products through AI chatbots

Dabur India expects second quarter revenue, profit to grow in double digits

Dabur expects its home and personal care business ‌to post double-digit growth, with hair oils and shampoos likely to grow in the ​high ‌teens, supported by demand for perfumed and coconut hair oils

Jio Platforms targets $114 bn valuation for IPO, listing likely by Oct 30

Jio has finished gauging demand for the offering and is likely to begin meetings with potential investors this week to discuss valuation and pricing

Lupin launches fixed-dose triple-combination inhaler for COPD in India

Formoflo-G MDI combines three established therapies in a twice-daily inhaler after DCGI approval, targeting India's large COPD patient pool

Adani Power, Druk ink pact to set up 770 MW hydropower project in Bhutan

Adani Power and DGPC, Bhutan's state-owned generation utility, signed a Shareholders Agreement (SHA) for setting up the project, according to a statement

Glenmark launches new pump packs for OTC adapalene gel in US market

New 15 g and 45 g packs target the US OTC dermatology market, where the comparable Differin gel segment recorded $45.8 million in annual sales

McDonald's supplier HyFun plans ₹2,000 crore IPO by 2028 as demand rises

Frozen foods such as French fries, pizzas and dumplings are gaining ground in India as consumers seek convenience amid a quick-commerce boom

IEX Q2 electricity traded volume rises 12.7% as power demand stays strong

IEX traded 39.7 billion units of electricity in Q2 FY27, up 12.7% year-on-year, while day-ahead and real-time market clearing prices rose sharply

Startup Policy Forum unveils DeepVerse to boost India's deep-tech ecosystem

The new centre brings together founders, investors, government, academia and global technology companies to shape policy, research and ecosystem initiatives

Jio Platforms likely to launch IPO on October 21, seeks to raise $3.8 bn

The country's biggest listing to date is Hyundai Motor India's $2.9 billion listing in 2024, while the National Stock Exchange of India made its market debut last month after a $2.3 billion IPO

No preferential access to biz from group cos: Jio Payment Solutions CEO

Jio Payment Solutions is prioritising large enterprises and profitable segments as it seeks to expand in India's crowded digital payments processing market

RBI told Tata Sons to find lawful course, not to list: SDTT trustees

Tata Trusts reiterate that RBI did not mandate Tata Sons listing, saying the regulator only asked the group to find a lawful alternative to retain its unlisted status.