CHENNAI PLUS

Neo Asset   announced the final close of the Neo Real Asset Yield Fund, an open-ended Category III Alternative Investment Fund, at its target corpus of ₹1,000 crore, completing the raise in under five months. The fund invests across privately and publicly listed REITs and InvITs, and has already deployed over 80% of its committed capital. Neo was the first platform to raise and deploy capital through this structure. The category has since seen additional managers launch similar strategies, several of which remain in active fundraising or early deployment.   Commenting on the close, Shajikumar Devakar, Co-Founder – Neo Group, said, "This fund was created to give our clients a dedicated way to allocate to real assets -InvITs and REITs – within their broader portfolios. The strong response reflects growing demand to diversify beyond traditional fixed income and equity allocations. This strategy was designed to provide institutional-grade access to high-quality privately liste...

Godrej Pet Care (GPC), a subsidiary of Godrej Consumer Products Ltd. (GCPL), has forayed in four Southern states with the launch of Godrej Ninja, a pet care brand offering scientifically formulated pet food for dogs designed to enhance gut health and immunity. Building on the encouraging market response in Tamil Nadu, the brand is now available in Kerala, Karnataka, Andhra Pradesh, and Telangana, making high-quality, gut-health-focused nutrition accessible to a wider community of pet parents across the region. This expansion marks a significant step in the company's ambition to build a pan-India presence in the rapidly growing pet care segment. Pet care is an emerging sunrise category for Godrej Consumer Products. The market is estimated at ₹6,000 crore, of which ₹5000 crore is estimated to be pet food. The pet care category has the potential of strong double-digit growth over the next few decades. Despite rising pet ownership in India, penetration of packaged pet food remains lo...

Chennai, July 6, 2026:   Laser Power & Infra Limited (the “Company”) proposes to open an initial public offering (“Offer”) of its equity shares of face value of ₹5 each (“Equity Shares”) on Thursday, July 9, 2026. The Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, being Wednesday, July 8, 2026. The Bid/ Offer Closing Date is Monday, July 13, 2026 * . The Price Band of the Offer has been fixed from  ₹ 203.00  per Equity Share of face value ₹5 each to  ₹ 214.00  per Equity Share of face value ₹5 each. Bids can be made for a minimum of  70  Equity Shares of face value ₹5 each and multiples of  70  Equity Shares of face value ₹5 each thereafter. The Initial Public Offering comprises of a  Fresh Issue  of Equity Shares aggregating up to ₹5,420.00 million and an  Offer for Sale  of Equity Shares aggregating up to ₹2,000.00 million by the  Promoter ...

Veteran Indian entertainment promoter Deepak Choudhary has found himself at the centre of a dramatic legal storm in Dubai, after court judgments reportedly barred him from leaving the UAE and froze his assets in connection with debts of approximately AED 2,993,058, equivalent to roughly ₹76.97 million, or about ₹7.70 crore. According to court documents reviewed by this magazine, one judgment issued by the Dubai courts on 11 June 2026 imposed a travel ban against Choudhary. A separate decision from the Dubai execution court reportedly ordered the freezing of his bank accounts, cards, properties, receivables and other assets for the purpose of enforcing payment of the outstanding debt. At the time of writing, according to the documents reviewed, Choudhary’s assets remained frozen and he remained unable to leave the UAE pending the continuation of the execution proceedings. The drama reached its peak at Dubai airport on 11 June 2026, when Choudhary was reportedly preparing to board ...

Swiggy Limited, India's leading on-demand convenience platform, has announced the launch of Late Night Eats, a curated programme designed specifically for professionals working late into the night. Built around affordability, speed and relevance, Late Night Eats aims to make late-night food ordering more seamless and dependable for India's growing population of professionals working across extended schedules or global time zones. Swiggy’s Late Night Eats are available between 10 PM and 5 AM across 4000+ office locations and 30,000+ restaurants in top 30 cities in India, offering curated meals, discounts and faster delivery. Food from top brands such as Burger King, Domino’s Pizza, McDonald’s KFC and Subway is available. Users can also access the "2 AM Club", a curated selection of restaurants that remain operational until at least 2 AM, ensuring dependable food access during extended work hours. Late Night Eats brings together thoughtfully curated offerings under De...

HCLTech is pleased to announce the signing of a significant strategic partnership with a Europe headquartered, Fortune Global 50 Firm to establish an AI driven operating model to transform and manage their Global Digital Workplace and Enterprise Networks.   The initial term of the agreement is from July 2026 to December 2031, extendable for a further period of 5 years.   The estimated value of the agreement during the initial term is US $ 1.14 Billion.   This is entirely a net new business for the Company.