{
  "id": 12311417,
  "title": "Amber Enterprises Forms 100% Owned Subsidiary For Mobile Phone Manufacturing",
  "url": "https://urgent.news/2026/10/06/amber-enterprises-forms-100-owned-subsidiary-for-mobile-phone",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-06T05:11:19.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/amber-enterprises-forms-100-owned-subsidiary-for-mobile-phone-manufacturing"
  },
  "original_language": "en",
  "account": "Mumbai, India - Amber Enterprises India Ltd has announced the creation of a wholly owned subsidiary, Amber Digital Technologies Private Limited, with the aim of entering the mobile phone manufacturing industry. The subsidiary was incorporated on September 18, 2026, with a subscription of ₹1 lakh from Amber Enterprises. The company, operating in the electronics and telecommunication sector, is fully owned by Amber Enterprises India Ltd, which holds 100% of its share capital. The news of the subsidiary's formation comes as Amber Enterprises extends its investment deadline for another business venture to November 30, 2026.",
  "summary": "Mumbai: Amber Enterprises India Ltd announced on Monday the incorporation of Amber Digital Technologies Private Limited, a new wholly owned subsidiary in India. The company has invested ₹1 lakh as subscription money for the new entity. Business Focus Amber Digital Technologies Private Limited has been incorporated to commence the business of manufacturing mobile phones, diversifying Amber…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}