Info Edge is set to invest up to Rs 250 crore in an alternative investment fund. This fund will back early-stage deep-tech companies in India. In a separate move, Info Edge is exiting its associate company Shopkirana. This exit is through a share-swap agreement with Singapore-based Trustroot Internet. These transactions are expected to be completed by June 30, 2026.
Kwality Walls shares fall 3% as RIL’s foray into ice cream biz raises competition fears
Kwality Walls shares dropped on Wednesday as Reliance Consumer Products entered India’s ice cream market with Bombay Creamery, raising competition concerns. The stock extended its