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Varun Beverages to foray into alcobevs

Business Standard

|

October 30, 2025

PepsiCo bottler Varun Beverages Limited (VBL) on Wednesday announced its foray into the alcoholic beverages sector, with a partnership between its African subsidiaries and Carlsberg Breweries A/S for their brand of beer, Carlsberg.

- AKSHARA SRIVASTAVA

“In response to the growing popularity of ready-to-drink (RTD) and variety of alcoholic beverages, VBL sees an opportunity for expansion into the business of RTD and alcoholic beverages of any type or description, including beer, wine, liquor, brandy, whisky, gin, rum, vodka in India and abroad,” the company stated

Business Standard'den DAHA FAZLA HİKAYE

Business Standard

MFI industry's full recovery hinges on better liquidity

After witnessing quarters marked by liquidity stress, rising delinquencies, and slowing disbursements, India’s microfinance industry appears to be showing early signs of revival, said leaders and analysts during a panel discussion on the micro lending sector at the Business Standard BFSI Summit.

time to read

3 mins

October 31, 2025

Business Standard

Business Standard

Regulate now or lose out, cryptocurrency leaders tell India

India must urgently introduce clear and comprehensive regulations for the digital asset sector, as prolonged policy uncertainty risks driving innovation and talent abroad, said top cryptocurrency industry leaders and policymakers at the Business Standard BFSI Insight Summit 2025 in Mumbai.

time to read

3 mins

October 31, 2025

Business Standard

Zepto logs 2 mn daily orders in Diwali week

Quick commerce unicorn Zepto on Thursday said it delivered over two million daily orders during the Diwali week, which it said was 30-40 per cent more than its closest competitor across all peak days.

time to read

1 min

October 31, 2025

Business Standard

Goyal stresses need for export diversification amid tariff heat

Commerce and Industry Minister Piyush Goyal held discussions with exporters and the industry on key issues, including the ongoing advanced free trade agreement (FTA) talks with the European Union (EU), Chile and New Zealand, and the challenges pertaining to the quality control orders (QCOs).

time to read

2 mins

October 31, 2025

Business Standard

Exports keep engine of Hyundai India revving

The consolidated net profit of Hyundai Motor India (HMIL) rose 14.3 per cent year-on-year (Yo-Y) to ₹1,572 crore in the second quarter (Q2) of 2025-26 (FY26), driven by cost reductions and a sharp rise in exports.

time to read

1 min

October 31, 2025

Business Standard

NTPC to help build two archery academies

State-run National Thermal Power Corporation (NTPC) will set up two archery academies in Chhattisgarh’s Nava Raipur and Jashpur districts where tribal and rural youth will be trained.

time to read

1 min

October 31, 2025

Business Standard

Business Standard

Bima Sugam to transform insurance sector: Industry

Bima Sugam, hailed as the “UPI (Unified Payments Interface) moment for insurance’, is poised to transform India’s insurance landscape by creating a unified digital marketplace for all insurance products and is expected to be a game changer for the industry, according to experts at the Business Standard BFSI Insight Summit 2025.

time to read

2 mins

October 31, 2025

Business Standard

Snabbit raises $30 mn in Series C

Quick services startup Snabbit on Thursday said that it has raised $30 million in a Series Cround of funding, led byBertelsmann India Investments, with participation from allits existing investors, including Lightspeed, Elevation Capital, and Nexus Venture Partners.

time to read

1 min

October 31, 2025

Business Standard

Business Standard

'We should've competing pension products'

The insurance and pension laws are \"joined at the hip\", and the Centre's move to allow 100 per cent foreign direct investment in the insurance sector could also pave the way for global pension fund managers to enter the market without joint venture partners, Pension Fund Regulatory and Development Authority (PFRDA) Chairperson S Ramann said in a fireside chat with Vikas Dhoot. The regulator is also considering an idea to permit smaller pension fund houses, on the lines of small finance banks regulated by the Reserve Bank of India (RBI). Edited excerpts:

time to read

2 mins

October 31, 2025

Business Standard

Affirma Capital, others to invest $56 mn in RMSI

Affirma Capital, alongside 360 ONE Asset and others agreed to invest up to $56 million in RMSI Limited, a leading engineering services player.

time to read

1 min

October 31, 2025

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