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DSM Fresh Foods steps into ready-to-eat market with acquisition of Avyom Foodtech
DSM Fresh Foods Limited, which operates the ZappFresh brand and is listed on the BSE SME platform, has approved the acquisition of a 51-60% controlling stake in Avyom Foodtech Private Limited, marking its formal entry into the ready-to-eat (RTE) and ready-to-cook (RTC) food segments and a push into overseas export markets. The acquisition will be executed through a cash infusion of around Rs 7.5 crore by DSM Fresh Foods Limited via a private placement of shares in Avyom Foodtech, resulting in at least 51% equity stake. The company said the transaction is expected to be completed over the next three to nine months. DSM Fresh Foods may also explore the induction of external strategic investors at the Avyom level through the issuance of fresh shares, subject to board approval, to support long-term growth and capital alignment. As part of the broader transaction structure, Avyom Foodtech has entered into a binding term sheet to acquire the operating food processing business of Ambrozia ...
Modern Diagnostic IPO Allotment Date: GMP Rises, Here's Step-By-Step Guide To Check Allotment Status
Unlisted shares of Modern Diagnostic Ltd are trading at Rs 106 apiece in the grey market, which is 17.8% premium over the upper IPO price of Rs 90, indicating moderate listing.
Cigarettes to get expensive from Feb 1! How much more will you have to pay? Check list
Get ready for pricier smokes! Starting February 1st, cigarette prices are set to climb due to a new excise duty hike and a 40% GST on tobacco. This move aims to align taxes with public health impacts and international standards, making cigarettes noticeably more expensive across various lengths.
Bitcoin trades near $90K, Ethereum holds above $3,000 as crypto market consolidates
Bitcoin hovers near $90,000 and Ethereum above $3,000, indicating a market consolidation phase. Both cryptocurrencies saw gains in the past 24 hours and week, with major altcoins also experiencing significant upticks. Analysts suggest cautious optimism as liquidity improves, with Bitcoin showing mild upside and Ethereum demonstrating stronger momentum, potentially setting the stage for further growth.
Instagram head Adam Mosseri on AI challenge: ‘Authenticity will matter more than ever’
Instagram chief Adam Mosseri warns that rapidly advancing AI-generated images and videos could blur the line between real and synthetic content, forcing the platform to rethink trust, authenticity and how original content is identified and valued in the years ahead.
Triple policy boosters set stage for a stronger market year ahead: Ajay Bagga
Indian markets are set for a robust year. Experts foresee renewed economic momentum fueled by government support. Expect double-digit nominal GDP growth translating to strong earnings. Financials are expected to lead the rally, with autos and technology also showing promise. Government spending on infrastructure, railways, and defence will be key drivers.
Canada seeks probe from Air India after pilot found unfit for duty at Vancouver
Transport Canada asked Air India to investigate after a pilot was found drunk before flight AI186 at Vancouver International Airport, warning of penalties and stressing passenger safety.
What Do Grok’s Enterprise Plans Actually Mean for Business Users?
xAI has launched Grok Enterprise and Business plans to position Grok as a workplace AI tool. The move signals monetisation rather than a major product shift. The post What Do Grok’s Enterprise Plans Actually Mean for Business Users? appeared first on MEDIANAMA .
Bank holiday on Hazrat Ali: Where are banks closed on January 3? Check list
As 2026 begins, Indian banks will observe numerous national and state-specific holidays, impacting branch operations. Customers should consult the bank holiday calendar to avoid disruptions for in-branch transactions, though digital services remain accessible. Key closures include January 3rd for Hazrat Ali's birthday in Uttar Pradesh and January 26th for Republic Day nationwide.
7 smallcaps with upside potential of up to 54% to bet in 2026. How many do you own?
In a recent report, the brokerage has identified seven smallcap stocks spanning utilities, financials and consumer discretionary that could offer value and potentially deliver returns of up to 54% over the next year.
Concurrent Gainers: 15 stocks gain for 5 days in a row
Despite the modest market rally, 15 stocks from the BSE 500 index recorded gains in all five sessions.
IndiGo travel disruptions: How to claim compensation vouchers — details inside
IndiGo has launched its 'Gesture of Care' package, offering affected passengers travel vouchers worth INR 10,000. This initiative assists those severely impacted by flight delays and cancellations between December 3rd and 5th, 2025. The vouchers are valid for twelve months and can be used for flights or additional services.
Central Govt Employees Likely To Get 2% DA Hike Soon; Salary To Rise From January 2026
The All-India Consumer Price Index for Industrial Workers rose by 0.5 points to 148.2, keeping the 12-month average firmly on track to take DA/DR to 60%, from 58% currently.
BYD overtakes Tesla as worlds largest EV seller in 2025
Chinese automaker BYD surpassed Tesla in full-year electric vehicle sales for the first time in 2025, securing its position as the world's largest electric vehicle seller, according to a Global Times report. The shift in market leadership follows a year where the American manufacturer recorded its first-ever decline in annual deliveries while its Chinese competitor reported significant growth in its electric segment.
Tesla sales slip as it loses EV crown to China's BYD in 2025
Tesla logged 418,227 deliveries in the final three months of the year, taking its full-year sales figure to around 1.64 million EVs
From OpenAI to Groq, 6 VC Trends That Captured AI Funding Gold Rush of 2025
Global investment in AI reached $202.3 billion by Q3 2025, a 75% year-on-year increase. The post From OpenAI to Groq, 6 VC Trends That Captured AI Funding Gold Rush of 2025 appeared first on Analytics India Magazine .
15 minutes for glow, 10 for delivery! Skincare and beauty race ahead on quick commerce; sales jump 160%
Quick commerce apps are rapidly transforming into a significant beauty marketplace in India, with BPC products now a major growth driver. Beauty sales on these platforms have surged 160% year-on-year, attracting global brands and contributing substantially to revenue for both direct-to-consumer and legacy players.
Tesla loses EV crown to BYD as demand dips, credits expire
Tesla lost its top EV seller spot to BYD in 2025 as sales fell for a second year. BYD surged in Europe, while Tesla faced competition and brand issues linked to Elon Musk.
6 Powerful prompts to make Gemini Nano Banana Pro your video editing assistant
An AI expert explains how Google Gemini can act as a powerful video editing assistant, sharing six practical prompts that help creators plan edits, improve storytelling, optimise settings and deliver polished videos faster using AI. Here are all the prompts for you to try.
IPO Calendar: A quiet week with no mainboard activity, 3 SME issues to watch
India's 2026 IPO market begins cautiously with no mainboard issues, focusing instead on three SME offerings in infrastructure, electric mobility, and textiles. Gabion Technologies, Victory Electric Vehicles, and Yajur Fibres are set to launch their public issues next week, aiming to raise funds for expansion and working capital amidst a typical slow start to the year.
'Suited them and their political agenda': Entrepreneur Sanjeev Bikhchandani questions motive behind gig workers strike call
Sanjeev Bikhchandani, founder of Naukri.com and Non-Executive Director of Eternal, once again expressed his support for Zomato Founder Deepinder Goyal on X regarding the welfare of gig workers following a recent strike call. Bikhchandani stated that discussions concerning delivery partner compensation and welfare remain a priority for the company's management and board, while taking a jab at the people who called for the strike.
Wall Street carries big expectations after best run since 2009
Markets kicked off the new year with a strong rally, mirroring 2025's trend. Investors saw significant gains across stocks, bonds, and commodities, driven by AI enthusiasm and easing inflation. However, this broad synchrony raises concerns about diversification's effectiveness and the sustainability of future returns, with some experts warning of anemic growth ahead.
Gold, Silver Prices Rise Today: Check 24K And 22K Gold Rates In Your City On January 3
Gold and Silver Rates Today, January 3: In Mumbai, the price of 24-carat gold rises to Rs 1,36,210 per 10 grams, while 22k gold is available at Rs 1,24,860 per 10 grams.
Wall Street Week Ahead-Jobs data could jolt stocks from holiday calm as 2026 kicks off
The U.S. stock market anticipates a dynamic start to 2026, with crucial jobs data on January 9th poised to signal the Federal Reserve's next move on interest rates. Investors are also keenly awaiting Supreme Court decisions on tariffs and a new Fed chair, alongside the upcoming corporate earnings season.