MO Alts buys minority stake in Bengaluru-based Lal Sweets for Rs 330 Cr

MO Alternate Investment Advisors Private Limited, along with its co-investors, has invested Rs 330 crore and acquired a minority stake in Bengaluru-based Lal Sweets, a packaged sweets company.Established in 2010,…

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India’s Quest for a Signature Global Drink: Could Millets Be the Answer?

India might be on the verge of crafting its very own global signature drink. Currently, the world’s alcoholic beverage market is a behemoth, valued at around $1.75 trillion in 2023,…

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Reliance is transforming into a deeptech company: Mukesh Ambani

Tech conglomerate Reliance Industrieshas now become a net producer of technology, as it transforms itself into a deeptech company, said Chairman Mukesh Ambani. “Breakthrough technologies and innovation have always been the…

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PhonePe launches “PhonePe PG Bolt” to Revolutionize In-App Payments for Merchants

PhonePe Payment Gateway has launched PhonePe PG Bolt to empower merchants with a faster in-app payment experience to customers with a success rate of 99%. PhonePe PG Bolt offers a…

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SEBI proposes mandatory UPI block mechanism facility for secondary market trading

Capital markets regulator SEBI has proposed mandating Qualified Stock Brokers (QSBs) to offer the facility of trading in the secondary market using the UPI-based block mechanism to their clients, similar…

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