Reliance Enters EV Battery-Swapping Business
Reliance is entering the EV battery swapping business with a solar-powered, Battery-as-a-Service model aimed at cutting costs for commercial fleets.
Section
Category: Companies & Business
News on major companies, retail and consumer brands.
ixigo to Buy 15–20% Stake in Yatra
Online travel platform ixigo is evaluating a 15–20% promoter stake in rival Yatra Online, lifting Yatra shares and signalling OTA…
BPCL Rejects Claims Linking Ants to E20 Petrol
BPCL has dismissed viral social media claims that E20 petrol attracts ants, calling them baseless and explaining the chemistry behind…
Ola Cabs Banned in Chandigarh for 6 Months
Chandigarh's STA has suspended Ola Cabs parent ANI Technologies' aggregator licence for 6 months over rule violations. Here is what…
Jio plans to launch 1,650-satellite LEO network
In a massive move to control India’s space economy, Reliance Jio has submitted a formal proposal to space regulator IN-SPACe…
Apple to hike price due to chip shortage
Apple is officially preparing consumers for a price hike across its hardware lineup. Outgoing CEO Tim Cook confirmed that consumer…
L’Oréal acquire Bare Anatomy for $350-450m
French cosmetics giant L’Oréal has officially signed a definitive agreement to acquire a majority stake in Innovist, the parent company…
IndiGo enters cab service business
India’s largest airline, IndiGo, has officially expanded into ground transportation with the launch of its dedicated airport transfer service, “Cabs…
Pizza Hut sold for $2.7 billion
In an industry-shaking move to shed its slowest-performing asset, Yum! Brands has entered definitive agreements to sell off Pizza Hut…
Adani Green to raise $1 Billion in offshore loan
In a major move to revive its international credit pipeline, Adani Green Energy Limited (AGEL) is in preliminary discussions with…