Category Articles: Business

Aditya Birla Sun Life AMC Launches Two Investment Funds at GIFT City

October 17, 2026
Aditya Birla Sun Life AMC Launches Two Investment Funds at GIFT City

GIFT City: Aditya Birla Sun Life AMC International (IFSC) Ltd, the wholly owned GIFT City subsidiary of Aditya Birla Sun Life AMC, has introduced two fund-of-funds (FoF) schemes aimed at resident Indian investors seeking international market exposure, as well as non-resident Indians (NRIs) and foreign investors looking to tap into India’s growth opportunities. The schemes, ABSL Emerging Market Equity Fund (Outbound) and ABSL India Growth Fund (Inbound), represent the subsidiary’s first re...Read More

Paras Healthcare Limited’s IPO to Open on Oct 21

October 16, 2026
Paras Healthcare Limited’s IPO to Open on Oct 21

Ahmedabad: Paras Healthcare Limited (the “Company”), shall open the Bid/Offer in relation to its initial public offer (the “Offer”) of Equity shares on Wednesday, October 21, 2026. The price band of the Offer has been fixed at ₹ 660 to ₹ 693 per Equity Share. (“Price Band”), a press release said. As per the company, bids can be made for a minimum of 21 Equity Shares and in multiples of 21 Equity Shares thereafter. (“Minimum Bid Lot”). The Anchor Investor Bidding Date shall b...Read More

Reliance Jio IPO: Q&A with Akash Ambani

October 15, 2026
Reliance Jio IPO: Q&A with Akash Ambani

Mumbai: Jio Platforms plans to expand its international technology business through partnerships with telecom operators worldwide, while driving domestic growth by offering value-added digital services rather than relying primarily on telecom tariff hikes, Akash Ambani said on Thursday. During the Q&A with media after announcing the company's initial public offering (IPO), Ambani said Jio would seek to monetise its end-to-end technology stack in international markets through a managed ser...Read More

Akash Ambani Outlines Jio’s Growth Strategy, Targets 100 Million Connected Homes

October 15, 2026
Akash Ambani Outlines Jio’s Growth Strategy, Targets 100 Million Connected Homes

Mumbai: Jio Platforms Limited has announced India’s largest-ever initial public offering (IPO), marking the Reliance Industries Limited (RIL) Group’s first public offering in nearly two decades. Addressing a press conference on Thursday, Jio Platforms Managing Director Akash Ambani outlined the company’s next phase of growth, identifying mobile connectivity, home broadband, enterprise services and global technology monetisation as its four key growth pillars. Addressing investors, Amban...Read More

Reliance Consumer Products Enters Ready-to-Drink Dairy Market with Joyland Flavoured Milk

October 14, 2026
Reliance Consumer Products Enters Ready-to-Drink Dairy Market with Joyland Flavoured Milk

Chennai: Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries Limited (RIL), today announced the launch of Joyland flavoured milk in Tamil Nadu, marking its strategic entry into the ready-to-drink dairy market. Made with authentic dairy ingredients and priced at ₹20, Joyland brings consumers in the state a range that combines the goodness of dairy with flavours such as Strawberry and Vanilla, a press release said, As per the statement, the launch extends RCPL’s Tot...Read More

Gujarat Govt Disburses ₹1,100 Crore in Incentives to 14,853 Industries

October 14, 2026
Gujarat Govt Disburses ₹1,100 Crore in Incentives to 14,853 Industries

Gandhinagar: The Gujarat government on Wednesday disbursed ₹1,100.19 crore in incentive assistance to 14,853 industrial units across the state through a single-click payment system. Deputy Chief Minister Harsh Sanghavi presided over the event in Gandhinagar, where the incentives were transferred directly to beneficiaries’ bank accounts. Of the total amount, ₹444.03 crore was disbursed to 11,052 beneficiaries under various Micro, Small and Medium Enterprises (MSME) schemes, while ₹290....Read More

McCain Foods to acquire Falcon Agrifriz’s frozen potato business in Gujarat

October 14, 2026
McCain Foods to acquire Falcon Agrifriz’s frozen potato business in Gujarat

Ahmedabad: McCain Foods has agreed to acquire the frozen potato processing business of Gujarat-based Falcon Agrifriz Foods, expanding its footprint in the state. The deal will add Falcon’s processing facility to McCain’s existing operations in Mehsana, subject to customary closing conditions. Falcon operates a fully automated potato processing plant that manufactures frozen potato products for domestic and international markets. The company employs more than 450 people and works with over...Read More

GHCL commences commercial production of bromine at Gujarat plant

October 13, 2026

Ahmedabad: GHCL Limited has commenced commercial production of liquid bromine at its facility in Kathivadar village in Gujarat’s Amreli district, effective October 12, the company said in a regulatory filing. The new product, liquid bromine (Br₂), has an annual production capacity of 2,800 metric tonnes (MT), the company said. The product falls under the chemicals and commodity chemicals category and will cater to both domestic and international markets, according to the filing. GHCL ...Read More

Reliance Foundation Drishti Braille Newspaper increases frequency to weekly

October 13, 2026
Reliance Foundation Drishti Braille Newspaper increases frequency to weekly

Mumbai: In a step towards making news and information more accessible to people with visual impairment, Reliance Foundation Drishti programme, India’s only registered fortnightly international Braille newspapers in Hindi and Marathi, will now be published every week. This will bring readers more frequent access to news, current affairs and stories strengthening access to information and participation in society, a press release said. As per the statement, the Braille newspapers are part of ...Read More

Tonbo Imaging India Limited’s IPO to open on Oct 15

October 13, 2026
Tonbo Imaging India Limited’s IPO to open on Oct 15

Mumbai: Tonbo Imaging India Limited proposes to open an initial public offering of its equity shares of ₹2 each on Thursday, October 15, 2026. The Anchor Investor Bidding Date shall be Wednesday, October 14, 2026, being one Working Day prior to the Bid/Offer Opening Date. The Bid/Offer Closing Date shall be Monday, October 19, 2026, the company said today. As per the company, the Price Band of the Offer has been fixed from ₹665 to ₹700 per Equity Share. Bids can be made for a minimum of...Read More