Bank of Baroda raises FY27 growth forecast, flags monsoon and oil risks

We have all taken on the painstaking task of buying souvenirs for friends, family and colleagues from foreign travel. ‘Will they like scented candles? Should we just go with a box of chocolates that we can get almost everywhere or choose an expensive perfume?’ We have all been there.

Homegrown sneaker brand Comet secured Rs 100 crore in Series B funding. This investment was led by Verlinvest and included existing investors. The capital will fuel retail expansion and product development initiatives. Comet plans to double its footwear models and reach twenty stores. This funding will significantly scale the brand’s national presence.

Housed under the group’s cement unit UltraTech, the new business, named UltraVolt, aims to become one of India’s top two wires and cables players within five years, according to group chair Kumar Mangalam Birla.