Trends

Trends

Adani To Foray Into Healthcare Business

Opportunity India Desk May 19, 2022 - 8 min read

Adani Enterprises (AEL) is all set to enter into the healthcare business by setting up a wholly-owned subsidiary, Adani Health Ventures (AHVL) that would start operations soon. According to regulatory update, AEL will set up diagnostic facilities, health aids, health-tech based facilities and research centres with initial authorised and paid-up share capital of INR one ...

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Ruchi Soya To Acquire Food Business Of Patanjali Ayurved Limited, Change Name

Opportunity India Desk May 18, 2022 - 3 min read

Ruchi Soya—a part of yoga guru Baba Ramdev-led Patanjali Group, has entered an agreement to acquire food retail business of its parent company Patanjali Ayurved Limited for INR 690 crore, the company said in a regulatory filing to the stock exchanges. Patanjali acquired Ruchi Soya Industries Limited through an insolvency process in year 2019. The ...

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Ideal Chemi Plast Of India Commences Construction Of New Coating Resins Production Facility

Opportunity India Desk May 18, 2022 - 5 min read

DIC (Dainippon Ink and Chemicals) Corporation announced that its wholly owned subsidiary Ideal Chemi Plast has commenced construction of a new coating resins production facility. DIC Corporation has announced that its wholly owned subsidiary Ideal Chemi Plast Private Limited, based in the state of Maharashtra, India, has commenced construction of a ...

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Zetwerk Group Company Commissions Mega Manufacturing Facility

Opportunity India Desk May 18, 2022 - 3 min read

Zet Town India has set up its new state-of-the-art manufacturing facility at Noida. The plant was inaugurated by Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar on Wednesday. The factory comprises 16 manufacturing lines with advanced testers and a world-class innovation lab for product development. With the objective of strengthening India’s manufacturing capabilities ...

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Donation To IIT Madras At All Time High

Opportunity India Desk May 18, 2022 - 4 min read

Indian Institute of Technology Madras has raised a historic all-time high sum of INR 131 crore from alumni, donors, and corporate firms during the financial year of 2021-22 to take its philanthropic and socially-relevant projects further.Despite the pandemic, fundraising has been increasing by over 30 per cent Year-on-Year. The number of corporate firms ...

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Edtech Platforms Struggle As Learning Shifts To Offline

Opportunity India Desk May 18, 2022 - 3 min read

In the last two years, education technology (Edtech) ventures like BYJU’s, Unacademy and Vedantu to name a few have boomed owing to the Covid-induced lockdown which forced people to opt for online learning for their children. In 2020, the Edtech industry was valued at $750 million (around INR 5,625 crore) and was predicted to reach ...

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Benefits Of Investing At Present In Luxury Properties

Opportunity India Desk May 18, 2022 - 3 min read

The real estate sector has been one of the most sought-after and dependable investments in India. And when it comes to pricey and luxury investments, both the quantum of investment and returns potential remain unparalleled. No doubt, the input costs are high but the uber-rich class swears by this niche investment instrument. With economic activities ...

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Maharashtra To Deploy Everbridge’s Public Safety Solution To Protect 150 Million Annual Tourists

Opportunity India Desk May 17, 2022 - 4 min read

The Government of Maharashtra has picked Everbridge’s Previstar Continual Preparedness System (CPS) solution to help the State’s Relief and Rehabilitation Department to create dynamic plans, manage disasters, and provide decision support along with situational awareness throughout a critical incident’s life-cycle. In doing so, Maharashtra becomes the seventh state in India to adopt Everbridge’s Public Safety ...

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Adani Group To Acquire Holcim’s India For Swiss Franc 6.4 Billion

Opportunity India Desk May 17, 2022 - 4 min read

Holcim has signed a binding agreement for the Adani Group to acquire its business in India, comprising its 63.11 percent stake in Ambuja Cement, which owns a 50.05 percent interest in ACC (The Associated Cement Companies), as well as its 4.48 percent direct stake in ACC. The corresponding offer share prices of INR 385 for ...

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Ruckus In Global Wheat Market After Indian Export Ban

Opportunity India Desk May 17, 2022 - 3 min read

The Global wheat prices registered a record hike up to six per cent following the sudden ban on export of wheat from India. After the invasion by Russia into Ukraine (both countries contribute to 30 per cent of global wheat supply), the world was banking on India for the wheat supplies and the ban has ...

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