Amazon India plans to invest over ₹ 28 billion in associate health, safety, and financial well-being. The initiative expands Project Ashray, insurance coverage, and AI-driven safety tools, while scaling its quick commerce arm, Amazon Now, to more cities.
Swiggy introduced a new ‘No Added Sugar’ category on its platform, aimed at helping health-conscious users make mindful food choices with ease. The category currently features over 1.5 lakh items from more than 50,000 restaurants across 10 major cities, with plans for expansion.
1 month ago • India
Meesho will open its ₹42.5 billion IPO on December 3, comprising a fresh issue and an offer-for-sale of 105.5 million shares by existing investors. Proceeds will support infrastructure expansion, marketing, and strategic acquisitions, with pricing details to be announced separately.
1 month ago • India
JD secures 59.8% stake in German electronics retailer Ceconomy, with total control reaching 85.2% alongside partner Convergenta. The deal, pending regulatory approval, marks JD's strategic move into overseas markets.
1 month ago • ChinaIsrael-based defense electronics company Elbit Systems has clinched a $350 million international contract to upgrade main battle tanks over a four-year period, integrating advanced situational awareness, AI-driven targeting, and modern communication suites.
UPS is investing nearly $50 million in specialized automotive and industrial network enhancements. The expansion introduces time-definite heavy air freight services between the U.S. and Mexico, streamlining cross-border production cycles and integrating brokerage and warehousing into a single-carrier solution.
Ohmium International and InSolare Energy have partnered to deploy a 4 MW green hydrogen facility for NLC India Limited. Utilizing advanced Proton Exchange Membrane technology, the plant in Neyveli aims to produce 700 metric tons of hydrogen annually for industrial and mobility applications.
Diversified industrial major Rashmi Group has announced a massive 35,000 million INR investment to scale its steel, power, and mining operations in West Bengal. The plan includes adding 7 million tonnes of annual steel capacity and operationalizing newly acquired coal blocks across several districts.