Nazara announces five investments totalling Rs 196 crores

ReelSaga targets India's mobile-first youth with short, serialized video series. The app will offer bite-sized entertainment, with episodes lasting one to two minutes, and monetize through per-episode microtransactions and subscription options for high-spending users.

Nazara has expanded into physical entertainment with the acquisition of a 60% stake in Funky Monkeys Play Centers Private Limited, which focuses on indoor soft play centers for children, for Rs 43.7 crores.

FSSAI classifies packaged drinking water as ‘High-Risk’ category; imposes new inspection norms

FSSAI stated that in light of the removal of the BIS certification mandate for certain products, it has decided to treat packaged drinking water and mineral water under the "High Risk Food Categories."

Under the new guidelines, FSSAI emphasized that manufacturers or processors of food items that no longer need BIS certification must also undergo inspections before obtaining a license or registration.

JSW Group gears up to launch its own EV brand

JSW is planning to build a dedicated car plant in Aurangabad, Maharashtra, focused on the production of electric vehicles.

Months after partnering with SAIC Motor to manufacture Morris Garages’ EVs in India, JSW Group plans to launch its own electric vehicle brand, signalling a strategic push into India’s burgeoning EV sector.