CHENNAI PLUS

TAFE, one of the world’s largest manufacturers of tractors and farm equipment, announced today that a comprehensive settlement and resolution has been reached with AGCO on all matters relating to brand, commercial issues and shareholding. The settlement encompasses the following key features: ·          Ownership of Massey Ferguson brand will rest with TAFE as the sole and exclusive owner for India, Nepal and Bhutan including all rights, title and interest in “Massey Ferguson” and related trademarks and all goodwill associated therewith. ·          TAFE will buy back AGCO’s shares in TAFE which amounts to 20.7% of TAFE’s equity for a consideration of $260 Mn thereby making TAFE a wholly owned subsidiary of the Amalgamations Group, a diversified industrial conglomerate, headquartered in Chennai, India. ·          TAFE will retain its shareholding in AGCO at an o...

India’s leading on-demand convenience platform, announced the launch of affordable range of offerings on its app- the “99 Store,” - aimed at making everyday meals more affordable and accessible. Swiggy has led from the front with this disruptive launch and introduced a new section on the Swiggy app that features single meals priced at just ₹99 , specially curated to meet the needs of price-conscious users and provide affordable options to the high-frequency Gen-Z consumers. 99 Store is available to users in 175+ cities including Bangalore, Ahmedabad, Kolkata, Hyderabad, Delhi, Pune, Chennai, Lucknow, Vadodara, Trivandrum, Tirupati, Patna, Surat, Bhopal, Dehradun, Mysore and Ludhiana.    The 99 Store is a destination for quick-prep dishes offered at a flat price point of ₹99. These curated dishes come with free delivery on all orders under the ‘Eco Saver’ delivery mode. Customers can explore dishes across a wide variety of cuisines including Rolls, Biryani, Noodles, North In...