TTK Healthcare launches “Love depot”

TTK Healthcare Limited (THL) has launched sexual pleasure ecommerce platform Love Depot. There are already some start-ups active in this field but given the regulatory uncertainty and social taboos associated with the subject, not much has been done so far. In terms of potential – I doubt anyone will have concerns. I guess the key … Read more

Greaves Cotton raises significant money in EV subsidiary

Money is being raised by Greaves Electric Mobility (GEM), currently a 100% subsidiary of Greaves Cotton Limited (GCL). It has got total commitments of $220 mn from Abdul Latif Jameel (ALJ), a family-owned diversified business founded in Saudi Arabia in 1945. Key points to note – ALJ is a leading distributor of Toyota products for … Read more

Endurance announces 1st acquisition targeted at the EV opportunity

Electric Vehicles (EV) is a hot theme nowadays. No one wants to be left behind. Endurance Technologies Limited (ETL) has joined the list and is acquiring 100% of Maxwell Energy Systems Private Limited (Maxwell). Key points to note – Maxwell is a Mumbai based wholly owned subsidiary of a US company, ION Energy Inc. (“ION”) … Read more

Adani acquires 49% in Raghav Bahl promoted media unit

Adani Enterprises Limited (AEL) has announced the acquisition through it’s wholly owned subsidiary, AMG Media Networks Limited (AMG). Key points to note – Acquisition is of 49% stake in Quintillion Business Media Limited (QBML) QBML owns and operates a business and financial news digital media platform, viz., www.bqprime.com (formerly known as www.bloombergquint.com). Previously on March … Read more

Reliance gets significant strategic investment into Viacom18

Viacom18 (V18) is amongst the leading players in the Indian television sector with 38 channels in nine languages across various genres including general entertainment, movies, sports, youth, music and kids. Besides, it also has OTT streaming platform Voot. V18 is currently a 51:49 JV between Reliance Industries Limited (RIL) owned TV18 and Paramount Global. RIL … Read more