Company News

ICICI Bank's shares jump 2% after RBI okays Sandeep Bakshi's reappointment

ICICI Bank shares gained after RBI approved the reappointment of Sandeep Bakshi as MD & CEO for another two years starting October 2026

JSW to commence work on ₹1 trn, 13.2 mtpa steel plant on Wednesday

Facility to come up on land initially acquired for Posco in Odisha's Paradip

Cashfree Payments plans over $100 million funding round in FY27

Cashfree Payments plans to raise over $100 million in FY27 to expand cross-border payments, AI capabilities and global operations ahead of a potential IPO in the coming years

India may end refined copper import dependency in two years: Hindalco MD

Hindalco Managing Director Satish Pai says new smelting, recycling and exploration projects could help India eliminate refined copper import dependence within two years

ONGC selects BP arm to boost output from Western Offshore fields

ONGC has appointed BP Exploration Services India as technical service provider to enhance oil and gas production from Western Offshore fields through technology and operational improvements

Paytm to invest €9 million in Europe arm to fund business expansion

Following the completion of this additional investment, there will be no change in the shareholding pattern

Puravankara eyes ₹2,000 crore investment in FY27, bullish on demand

Puravankara plans to invest up to Rs 2,000 crore in FY27 as it expands launches across southern India and Mumbai amid stable housing demand

Crisil upgrades Vodafone Idea credit rating to (A-/ stable) on bank debt

Upgrade factoring in continued support by Aditya Birla group, strategic market position and improved business operations

Hindalco sees steady Novelis earnings, strong domestic demand in 2027

Hindalco expects high double-digit growth in domestic aluminium ‌downstream business in FY27, driven by ramp-up at its new rolling facility, Aditya FRP, and expansion into higher-value products

Schneider Electric sees India data centre business outpacing core growth

India's ‌data center market is projected to reach $31.36 billion by 2035, growing at a compounded annual growth rate of 13.37 per cent, according to Astute Analytica

Ola Electric eyes sharp Q1 rebound as registrations cross Q4 levels

According to VAHAN data, Ola Electric has recorded about 22,600 registrations so far in Q1 FY27, exceeding the 22,221 units registered in Q4 FY26 with around 40 days still remaining in the quarter

Noel Tata, Chandra talk ahead of tomorrow's Tata Sons board meeting

May 26 meeting expected to set the tone for Tata group's future leadership, discuss Tata Sons' listing

Federal Bank appoints Elias George as part-time chairman after RBI nod

The Reserve Bank of India has approved the appointment of former IAS officer Elias George as Federal Bank's part-time chairman for three years

UP signs ₹5,000 cr allotment letters with firms for Yeida development

The Uttar Pradesh government has handed over allotment letters for industrial projects across solar power, IT, electronics and railways in the YEIDA region

A silver lining for Indian eldercare companies lies overseas markets

The company has already drawn up plans to expand into Mauritius and is also eyeing Sri Lanka and Dubai

Hiring speed is compromising background verification processes: Report

About 57 per cent of respondents believe organisations are frequently compromising background verification standards in favour of faster hiring timelines

InGovern renews listing call for Tata Sons on governance concern

According to the report,emergence of internal differences strengthens tata sons' case for a market-facing structure

Kirloskar Group sharpens real estate focus with broader asset class plans

Kirloskar Industries Group, through Avante Spaces, plans to expand across office, mixed-use and residential projects as conglomerates deepen their real estate presence

Anupam Rasayan to acquire up to 43% stake in Bliss GVS Pharma for ₹1,369 cr

The Surat-based company will acquire a 43.3 per cent stake at ₹299 per share for ₹1,369.51 crore, and launch a mandatory open offer for an additional 26 per cent from public shareholders

Knowledge Realty Trust to invest ₹700 cr to build office space in Bengaluru

KRT Chief Executive Officer (CEO) Shirish Godbole said the company is looking for the acquisition of prime office assets to grow business organically