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The board of DSM Fresh Foods has approved the acquisition of a 51% controlling stake in Avyom Foodtech, it said in a filing.
The projects approved amount to an investment of ₹41,863 crore, and the scheme is designed to push firms to be first to the finish line to avail of the incentives.
The flash strike by app-based delivery workers has reignited concerns over ultra-fast delivery timelines, wage stagnation and safety risks, even as the Centre moves to roll out social security rules for gig workers in a rapidly expanding platform economy.
The report by Bank of Baroda noted that over half of India’s total proposed capital investment (51.2%) is concentrated in just three states — Andhra Pradesh, Odisha, and Maharashtra.
Ahmedabad, Adani Enterprises Limited (AEL), the flagship company of the Adani Group, on Friday announced the launch of its third public issuance of secured, rated, listed, redeemable, non-convertible debentures (NCDs) of Rs 1,000 crore, offering up to 8.90 per cent per annum.
The deal will be carried out through a cash infusion of approximately Rs 7.5 crore by DSM Fresh Foods, which operates under the brand Zappfresh. The acquisition will also help it expand into overseas export markets.
The NCDs will be listed on both the BSE and NSE. Each NCD has a face value of ₹1,000, with a minimum application of 10 NCDs and multiples of one NCD thereafter, making the minimum application ₹10,000. Shares of Adani Enterprises Ltd ended at ₹2,278, up by ₹18.00, or 0.80%, on the BSE today, January 2.
For the week ended December 26, foreign currency assets, a major component of the reserves, increased by $184 million to $559.612 billion, the data released by the central bank showed
Mahindra Group CEO and Managing Director Anish Shah said said the group faced "unprecedented level of uncertainty" in 2025, but credited his colleagues for taking it in stride and helping stay on track.
Buffett said Abel will take over key decision-making responsibilities.
Domestic advances grew 7.42% year-on-year to ₹9,80,643 crore in the December quarter, up from ₹9,12,927 crore last year. Sequentially, domestic advances increased 4.07% from ₹9,42,273 crore. Shares of Union Bank of India Ltd ended at ₹157, up by ₹3.42, or 2.23%, on the BSE today, January 2.
Avenue Supermarts, operator of DMart, posted a 13% YoY increase in standalone Q3 revenue to Rs 17,613 crore, while its store count rose to 442. The provisional update reflects steady growth momentum for the retail chain, supported by continued expansion and consistent improvement in revenue across its operations.
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