Aditya Birla Fashion and Retail (ABFRL) plans to invest 500 crore in capital expenditures to turn around loss-making businesses, including TCNS Clothing and TMRW, while reporting a net loss of Rs. 624 crore (US $73 million) for 2024–2025. The company expects to be EBITDA positive next year, excluding TMRW, and aims to double profitability and triple scale over five years.

The co-founder of TCNS Clothing Ltd, a company behind ethnic apparel brands W and Aurelia, is purchasing a contract manufacturer of personal care products. The acquisition is supported by the co-founder's family office. TCNS was previously backed by several private equity firms and was acquired by Aditya Birla Fashion Retail Ltd in 2023.

Halper Sadeh LLC, an investor rights law firm, is investigating TCN for potential violations of federal securities laws and breaches of fiduciary duties to shareholders.

Ben Thompson, cofounder of Employment Hero, an Australian HR tech unicorn, announced a €158 million Series F funding round, bringing its valuation to €1.2 billion. Employment Hero, which raised €108 million in 2022 and €83 million in 2021, aims to expand its presence in the UK market, where it plans to double its London workforce and grow its client base. The company offers a digital Visa debit card, Instapay, and aims to launch a recruitment portal using AI to match employees with jobs.

The Global Reverse Vending Machine Market was estimated at a market value of US$ 455 million in 2022. The global reverse vending machine market report analyzes the market on the basis of global economic situations, regional geopolitics, import-export scenarios, trade duties, market developments.