Category : Corporate News


ACKO eyes up to $2.5 billion valuation in IPO

Indian insurer ACKO, backed by General Atlantic, is planning an IPO targeting a valuation of up to $2.5 billion, according to sources. The company aims to capitalize on growing demand for digital insurance.

India-NZ FTA to Be Signed on Monday: NZ PM Luxon

New Zealand PM Christopher Luxon announced that a historic free trade agreement with India will be signed on Monday, calling it a once-in-a-generation opportunity to boost bilateral trade and economic ties.

Sun Pharma to Buy US Firm Organon for $11.75 Billion

Sun Pharmaceutical Industries Ltd has signed a definitive agreement to acquire US-based Organon & Co in an all-cash transaction valued at $11.75 billion, marking one of the largest outbound deals by an Indian drugmaker.

Air India Flight Emergency Landing in Bhopal

Air India flight AI-633 from Mumbai to Bhopal made a safe emergency landing after a technical issue mid-flight. Passengers reported delays and stress, but no injuries occurred.

Pune MC Earns Rs3.4 Crore from Metro Pillar Ads

Pune Municipal Corporation collected over Rs3.4 crore from advertisements on Metro pillars in two fiscals. Revenue may rise as the Metro expands, but traffic experts warn of distractions.

Two-Wheeler Thieves Arrested in Bengaluru

Talaghattapura police arrested Mohammed Khasif and Usman Khan for stealing parked motorcycles. They broke handle locks, sold bikes cheap, or abandoned them. Vehicles worth Rs 15 lakh recovered.

India Tightens Rules for Foreign Airlines

India's DGCA now has the power to revoke or suspend foreign airlines' authorisation for safety lapses. New rules mandate local representatives, passenger grievance redressal, and periodic reporting.

Fuel panic grips AP, minister assures no shortage

Fuel anxiety hit Andhra Pradesh as long queues at petrol bunks sparked concern. Minister Nadendla Manohar attributed it to panic buying, assuring sufficient stocks and warning against hoarding and black marketing.

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