Topic
business expansion
Business Emirates NBD's Rs 26,015 Crore RBL Bank Deal Marks India as Top 5 Market
Emirates NBD's Rs 26,015 crore purchase of a 60% stake in RBL Bank signals India's rise as a core strategic market for the Dubai-based lender. Vice-chairman Hesham Abdulla Al Qassim highlighted historical ties and the growing India-UAE economic relationship beyond trade and remittances. The deal positions Emirates NBD with a domestic platform in one of the world's fastest-growing banking markets.
Trade India Inc gears up for Middle East rebound after peace deal
Following a peace agreement, Indian FMCG and auto companies are ramping up exports to the Middle East. AWL Agri Business, Parle Products, Dabur, and Maruti Suzuki are increasing capacity utilization and expecting lower prices as freight surcharges ease.
Business Innocent Fresh Foods Expands to 40-50 New Cities
Innocent Fresh Foods Pvt Ltd, based in Pune, is set to expand its market presence into 40-50 additional cities, focusing on tier-2 and tier-3 markets. The company aims to leverage traditional food categories and rural expertise to build national brands.
Sahyadri Farms Expands into B2C Processed Foods Market
Sahyadri Farms, a leading Farmer Producer Organisation in India, is set to enter the B2C market with processed horticultural products. The company aims for B2C to contribute 30% of its revenue in the next decade.
Logistics Target Opens $367M Food Distribution Center in Colorado
Target has inaugurated a $367 million food distribution center in Thornton, Colorado, aimed at improving supply chain efficiency and product availability for 129 stores across 11 states. This facility, the largest of Target's nine food distribution centers, will expedite replenishment and reduce transportation costs.
Business GVK Group Enters Fertility Care with Oval Fertility Launch
GVK Group has entered the fertility care sector with the launch of Oval Fertility in Hyderabad. The venture, co-founded by Veena Reddy and Dr. Brian Levine, aims to address the rising demand for fertility services in India.
Business Anveshan Secures ₹150 Crore to Target ₹1,000 Crore Revenue
Anveshan, a clean-label food brand, has raised ₹150 crore in a Series B funding round led by Vertex Ventures and IFC. The company aims to achieve ₹1,000 crore in revenue within the next 2-3 years by expanding its manufacturing and distribution capabilities.