For the Aditya Birla Group, the sale aligns with its broader strategy of reallocating capital. The conglomerate has recently expanded into high-capex sectors like paints, jewellery retailing and real estate.
The new capital infusion is aimed at bolstering Haldiram’s international footprint, particularly in the US and Middle East markets. “The investment reflects Alpha Wave Global’s and IHC’s commitment to backing dominant companies with strong consumer brands,” Haldirams said in a statement.
The companies will continue collaborating on existing projects in India through an operational agreement that also outlines their future relationship in the country. Nissan will maintain access to RNAIPL for domestic and export vehicle sourcing in the years ahead.
VI said it will take all necessary steps to complete the equity issuance once all approvals are in place.
Founded by Ganga Bishan Agarwal in the 1930s, Haldirams sells a range of foods from sweet and savoury snacks to frozen meals and breads. It also runs 43 restaurants in and around Delhi, according to its website.
Kotak outlined the critical challenge banks currently face: "Leading banks are taking 1 year wholesale deposits at ~8%. Translates to loaded marginal deposit cost of 9%+ after CRR (0 interest), SLR, deposit insurance, priority sector. Excluding opex."
The decision was made in response to concerns raised by Byju’s Resolution Professional (RP) regarding the potential dilution of its stake in Aakash.
Standalone autonomous vehicle (AV) companies face major hurdles in meeting variable demand. Partnering with Uber gives AV firms access to a flexible, high-utilization network, helping them go to market much faster than they could on their own.
Amid industry headwinds, Happiest Minds is making bold moves to stay ahead—restructuring leadership under its APEX initiative, building a 500-strong GenAI unit, and pivoting to SaaS.
The latest development follows a larger round of terminations earlier this year, where around 350 trainees were let go.
JSW Steel has been a standout performer in 2025, with its stock surging 18%, making it one of the top gainers on the Nifty 50 index. It also leads its domestic rivals, including Tata Steel.
The success of the Dubai Property Expo, which recently saw strong engagement in Singapore, has set the stage for a global tour with upcoming editions planned in London, Turkey, New York, and Moscow. This momentum reinforces NKN Media’s growing influence in high-impact media and event segments.
Sharma questioned why India was giving Musk a “free pass,” while domestic firms had to navigate heavy license fees and regulations
Drawing on illustrative examples — from Airbnb and Uber (born of economic volatility) to 3D printing and autonomous vehicles (responses to uncertainty) and Netflix’s pivot from DVD rental to streaming (navigating ambiguity) — Krishan distilled his insights into a five‑point framework for sustainable growth.
Speaking at the Business Today Mindrush 2025 in Mumbai, Mariwala stresses the need for success in the fast-emerging D2C space, importance of talent and the changing landscape.
As Chairman of the Aditya Birla Group and architect of Hindalco’s evolution into a truly multinational conglomerate, Birla emphasised that purposeful expansion — “sanity over vanity” — must precede ambition.
At BT MINDRUSH 2025, leaders from Tata Power, KPIT, Persistent Systems, and Logitech shared how they turned disruption into an advantage.
The session opened by contrasting two stark realities: India has created a new dollar billionaire nearly every month over the last four years, yet over 800 million people still struggle to afford two proper meals a day. This contrast framed the discussion on what prosperity truly means for a country of 1.5 billion people.
Anu Aga, the former chairperson of Thermax, emphasizes the importance of balancing professional commitments with family time for young professionals.
Addressing the debate on long work hours (70–90 hours/week), Swami Gaur Gopal Das said hustle has its place, but not at the cost of burnout.
IndusInd Bank dismissed the claims as factually incorrect. “We would like to clarify that the recent media reports regarding the tenure of the bank’s CEO and Deputy CEO are factually incorrect. The bank strongly denies the claims made in these articles,” the bank said in a statement.
Copyright©2025 Living Media India Limited. For reprint rights: Syndications Today