Tata Consumer Products Ltd (TCPL) will reportedly acquire Bisleri International for an estimated Rs 6,000-7,000 crore. Ramesh Chauhan, chairman of Bisleri International, does not have a successor to take Bisleri to the next level, according to a report in the Economic Times (ET). He has earlier sold brands like Thums Up, Gold Spot, and Limca to Coca-Cola.

Bisleri, which is India's largest packaged water company, is expected to have a turnover of Rs 2,500 crore with a profit of Rs 220 crore in FY23.

Technology investor Prosus on Wednesday reported widening of its consolidated trading loss to USD 80 million, about Rs 654 crore, on account of investment in PayU India business during first half of the current fiscal.

The Netherlands-based investor firm, however, registered a 59 per cent growth in total payments volume (TPV) at USD 28 billion, about Rs 2.29 lakh crore, in India.

The World Health Organization (WHO) is looking to rename monkeypox to "MPOX" to destigmatize the virus, according to a US newspaper report.

The decision follows growing pressure from Biden officials, who privately asked WHO to change the name, The Politico reported. The report said this decision could be announced on Wednesday.

Adani Enterprises Ltd., the flagship firm of Asia’s richest person, is considering issuing at least $1.8 billion in new shares, according to people familiar with the matter.

Billionaire Gautam Adani’s conglomerate is working with advisers on the follow-on issue and could sell the shares as soon as next year, the people said, asking not to be identified as the information is private. The sale could raise as much as $2.4 billion, one of the people said.

Wipro has allowed its employees to unionise in Europe. It has become the first IT company in India to do so, as reported by the Times of India (TOI). The employees will be allowed to set up a European Works Council (EWC) and encourage debates on their issues.

Wipro's employees that have been allowed to unionise belong to 13 countries including France, Sweden, Finland and Germany. In Europe, the company has over 30,000 employees.

The Bharatiya Janata Party (BJP) has suspended twelve rebels in disciplinary action, who had filed their nominations as independent candidates after being denied tickets by the ruling party in the upcoming Gujarat Assembly elections.

All of the twelve rebels were seeking tickets in the Assembly election.

Delhi recorded a minimum temperature of 8 degrees Celsius, the lowest so far this season, and 'poor' air quality on Wednesday.

The capital's Air Quality Index (AQI) stood at 238 at 9 am. It was 255 at 4 pm on Tuesday.

An AQI between 201 and 300 is considered 'poor', 301 and 400 'very poor', and 401 and 500 'severe'.

The Union Labour Ministry has summoned Amazon India to appear before the Deputy Chief Labour Commissioner in Bengaluru on Wednesday in connection with the alleged forced terminations by the company.

"You (Amazon) are therefore requested to attend this office with all relevant records in the matter either personally or through an authoriSed representative on the aforesaid date and time without fail," the Ministry's notice issued on Tuesday read.

Chinese short-form video platform TikTok said that it would add about 3,000 engineers in locations across the world, including the US.

According to The Wall Street Journal, as several of the world's biggest tech companies are laying off employees, TikTok is in the middle of a three-year hiring push.

Voice AI SaaS company Skit.ai has announced its partnership with global smart device brand OPPO India to launch a 24x7 AI-powered customer support solution.

With this implementation, Skit.ai claims its Augmented Voice Intelligence Platform (AVIP) will respond to all OPPO customer queries after business hours, with instant responses and zero waiting time.

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