Good Glamm Group, which operates brands like POPxo and BabyChakra, on Wednesday said it has acquired The Moms Co for an undisclosed amount. With this acquisition, The Moms Co aims to grow to a Rs 500 crore revenue run rate in the next two years. The brand is also expanding to the US and Middle … Read more
Chip-maker Advanced Micro Devices, Inc. (AMD) said that the latest Windows 11 operating system may reduce the gaming performance of its Ryzen motherboard by 10 to 15% as the OS does not utilize AMD’s preferred core. AMD posted a support note on its website stating that the new Windows OS will triple the L3 cache … Read more
Godrej Industries (GI) is one of the holding Company of Godrej group. Besides, it’s also a leading manufacturer of oleochemicals on standalone basis. However, for all practical purposes, it should be mainly looked at as a holding Company – numbers of it’s standalone business are not much exciting. It also borrows to fund various group … Read more
VST has been one of the under performers in the current bull run. From the high of around Rs 4,500 in January 2020 stock is currently trading at Rs 3,500. I personally attribute the underperformance to Covid-19 and it’s related fear about Cigarette smoking. The same is also reflected in the reported financial performance by … Read more
Swiggy is finalising a new financing round of about $500-600 million that is likely to be led by US asset manager Invesco, according to three people aware of the matter. The exercise is likely to catapult the valuation of the online food delivery company to as much as $10 billion, which is double the valuation … Read more
FMCG major Adani Wilmar on Monday said it has opened 12 physical stores under the brand name “Fortune Mart” across six states and plans to start outlets across the country. “Adani Wilmar is opening physical stores under the name Fortune Mart which will exclusively sell Fortune and other Adani Wilmar brand products,” the company said … Read more