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ITC, W Health Ventures, others back parenting firm Mylo with $17 mn

TMT

ITC, W Health Ventures, others back parenting firm Mylo with $17 mn

Blupin Technologies Private Limited, which runs direct-to-consumer (D2C) mother and baby platform ...

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True Elements in talks with Marico, ITC to raise funds

Consumer

True Elements in talks with Marico, ITC to raise funds

Healthy breakfast brand True Elements is in discussion with several strategic suitors, including a ...

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HUL eyes majority stake in iconic masala brand MDH Spices

Consumer

HUL eyes majority stake in iconic masala brand MDH Spices

India’s largest packaged consumer goods company, Hindustan Unilever Ltd. (HUL), is in talks with ...

ITC backs D2C brand Mother Sparsh; picks up 16% stake

Consumer

ITC backs D2C brand Mother Sparsh; picks up 16% stake

Mother Sparsh Baby Care Pvt Ltd, a direct to consumer (D2C) ayurvedic and natural personal care ...

Sensex crosses 46,000, ends at new high on vaccine progress

Markets

Sensex crosses 46,000, ends at new high on vaccine progress

Indian shares jumped to a record high on Wednesday, led by gains in heavyweights Reliance Industries...

Norway's Orkla to take control of Eastern Condiments, merge with MTR Foods

Consumer

Norway's Orkla to take control of Eastern Condiments, merge with MTR Foods

Norwegian consumer goods maker Orkla has decided to acquire a majority stake in Eastern Condiments ...

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Value Lens: How ITC priced Sunrise Foods and what it could mean for other spice makers

Consumer

Value Lens: How ITC priced Sunrise Foods and what it could mean for other spice makers

In May, the cigarettes-to-hotels conglomerate ITC Ltd agreed to purchase spices maker Sunrise Foods ...

Matrix Partners, Ankur Capital lead seed funding for agri-tech startup Vegrow

TMT

Matrix Partners, Ankur Capital lead seed funding for agri-tech startup Vegrow

Agritech startup Vegrow has raised $2.5 million (Rs 18 crore) in its seed funding round led by early...

IT, pharma stocks lift Sensex, Nifty even as coronavirus cases surge

Markets

IT, pharma stocks lift Sensex, Nifty even as coronavirus cases surge

Indian shares closed higher on Thursday, led by gains in pharmaceutical and IT stocks, even though ...

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Virus fears damp M&As in Jan-June but cross-border sales, collapsed deals in focus

Finance

Virus fears damp M&As in Jan-June but cross-border sales, collapsed deals in focus

The number of mergers and acquisitions (M&As) involving India Inc. declined to the lowest level in ...