AlphaMine Absolute Return Fund mops up ₹930 cr

The fund is an open-ended Category III Alternative Investment Fund led by industry veteran, Bhautik Ambani.

Kfin Tech bets big on overseas opportunities

The company services the mutual fund industry of $500 billion and AIF industry assets of about $100 billion

Adani Group H1 EBITDA up 48 per cent y-o-y, expects to cross ₹70,000 crore in FY24

The maximum contribution to the EBITDA has come from three companies in the group — Adani Power, Adani Ports and Special Economic Zone and Adani Enterprises — accounting for two-thirds of the total

Murugappa Group plans $791 million foray into semiconductor business

With the younger generation at the helm, the group is seen to changing tack, moving from adjacencies to emerging opportunities

Amazon will now use rivers and backwaters to ship packages

In a first, the Inland Waterways Authority of India has signed an MoU with Amazon to explore cargo movement and transport of customer shipments and products via the inland waterways

Tiger Global’s private investment head Scott Shleifer steps down

According to Bloomberg report, Shleifer, will become a senior advisor

Jagatjit Industries reports 22% y-o-y revenue jump at ₹368 crore in H1

EBITDA touches ₹25.04 crore, a 58 per cent jump

Mamaearth’s parent Honasa Consumer posts net profit of ₹30 crore in Q2

Net profit nearly doubles, revenue from operations up 21 per cent

Wyndham Hotels set to enter branded residences segment in India

Wyndham will operate in the mid-scale segment, according to Dimitris Manikis, President – EMEA, Wyndham

Nearly 76% of sales of leading packaged food companies come from “less healthy” products : ATNI

The global non-profit ATNI has urged all companies to ensure nearly half of their portfolio meets healthy thresholds by 2030