Nevin John

1 month ago | fortuneindia.com | Nevin John

IN OCTOBER last year, a Pune-based biofuel technology firm launched the country’s first demonstration facility for biopolymers that can produce compostable bioplastics. In December, Union minister of road transport and highways Nitin Gadkari unveiled the first national highway using bio-bitumen developed by Praj Industries. A month later, Praj launched a sustainable aviation fuel (SAF) demonstration facility at its R&D centre in Pune.

1 month ago | fortuneindia.com | Nevin John

On November 12, 2018, when Tata Steel conducted the groundbreaking ceremony for the expansion of Kalinganagar plant to eight million tonnes from three million tonnes, it said the project would be completed in 48 months (by FY23) with a capital cost of ₹23,500 crore. It was months before, in May, the company settled the dues of Bhushan Steel of around ₹35,200 crore to acquire it in the bankruptcy proceedings.

1 month ago | fortuneindia.com | Nevin John

Leading conglomerates in India—Reliance Industries, Tata and Aditya Birla—are busy recasting their operating model in retail with a focus on identity, longevity and returns to cash in on the emerging opportunities in the sector. However, the business houses rely on contrasting strategies to position their business strong in the market.

2 months ago | fortuneindia.com | Nevin John

Billionaire Mukesh Ambani is buckling the boots for a profit-focused game. Reliance Industries Ltd (RIL), the most valued company in India, is weighing its options to value-optimise the infrastructure it created in telecommunication and retail by gradually charging for 5G data services and reviving quick commerce plans. The attempt comes when the refining and petrochemicals business is facing turbulence in the wake of growing geopolitical issues.

2 months ago | fortuneindia.com | Nevin John

Schauna and Nadia Chauhan — daughters of Prakash Chauhan, who co-created beverage brands like Thums Up, Limca, Gold Spot and Maaza — revamped traditional brands and introduced new products in the past decade to strengthen their beverages portfolio. Now they have a target of building the largest beverage company in India.