September 12, 2026
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Rentomojo’s ₹1,256 crore ($133 million) initial public offering was fully subscribed on its first day of bidding on Wednesday, marking strong investor interest in the furniture rental company. The Bengaluru-based firm aims to become India’s first listed furniture rental company. The 12-year-old company received bids for 22.07 million shares against 21.77 million shares on Continue Reading
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Swiggy has clarified that the Food Safety and Standards Authority of India (FSSAI) prohibition order concerning its budget food delivery platform, Toing, was related only to updating licence particulars and did not involve any food safety violations. The company said it addressed the observations and received a modified FSSAI licence on July 9. The company […]Continue Reading
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HCLTech Ltd announced its plan to acquire Communications Technology Group (CTG) assets from Hewlett Packard Enterprise (HPE) for $225 million (approximately ₹1,874 crore) in an all-cash transaction. As part of this deal, about 1,500 CTG employees with expertise in the telecom sector will transition to HCLTech across various countries, including Spain, Italy, India, Japan, Continue Reading
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On January 12, NLC India Ltd (NLCIL) announced that it has awarded Bharat Heavy Electricals Ltd (BHEL) the engineering, procurement, and construction (EPC) contract for a significant thermal power project in Odisha. This greenfield project, with a capacity of 2,400 MW, marks a significant advancement in power generation, utilizing ultra super-critical technology. The EPC Continue Reading

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