August 4, 2026
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buys

Ixigo Buys 60% Stake in Spain’s Trenes for Rs 125 Crore in Europe Expansion

Ixigo Buys 60% Stake in Spain’s Trenes for Rs 125 Crore in Europe Expansion

kiranmaroj@gmail.com05 mins

Ixigo, an Indian travel technology company, is entering a new chapter of global expansion after its board of directors approved the acquisition of a majority stake in Trenes, a leading Spanish online train booking platform. The transaction, valued at roughly Rs 125 crore, is Ixigo’s first major international acquisition and marks the company’s strategic entry…

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Impact of Reliance exposure to US? RIL cuts Russian crude buys; prepares to stop imports from sanctioned firms

Impact of Reliance exposure to US? RIL cuts Russian crude buys; prepares to stop imports from sanctioned firms

kiranmaroj@gmail.com03 mins

Data from Kpler shows Reliance’s imports dropped to 534,000 barrels per day (bpd) in October. (AI image) Mukesh Ambani-led Reliance Industries (RIL) has cut back on its crude oil imports from the Russia and in the coming months is expected to stop buying from entities sanctioned by the Donald Trump administration. RIL is the largest…

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