Company News

W Asia conflict to end in 2 mths, India capex to push growth: Sajjan Jindal

Speaking to reporters on the sidelines of IIM Nagpur's tenth convocation, where he was the chief guest, he said industries focus on long-term plans

Goldman Sachs, SocGen, others buy 1.34% stake in Paytm for ₹964 crore

Other foreign investors participating in the transaction included Ghisallo Capital Management, BNP Paribas, Copthall Mauritius Investment, and Hong Kong-based Viridian Asset Management

Swiggy's IOCC setback may delay Instamart's next expansion phase

Swiggy told stock exchanges it had failed to win the shareholder approval needed to amend its Articles of Association, a key step in its efforts to qualify as an IOCC

Venus Remedies gets Saudi FDA nod for speciality oncology therapy

This is the first marketing authorisation the company secured for speciality oncology therapy, Plerixafor, anywhere in the world

No nationwide fuel shortage, outages 'localised and temporary': IOC

IOC added that state-owned oil marketing firms continued to maintain sufficient fuel inventories nationwide and were taking steps to address isolated disruptions and ensure uninterrupted supplies

High-value clinical research marks gradual shift to India: Parexel

Parexel says India is evolving into a strategic innovation and clinical research hub as global pharmaceutical firms shift high-value functions and decision-making roles

Flipkart taps India Post to expand e-commerce reach across smaller towns

The partnership will begin in Maharashtra and Gujarat, combining India Post's network of over 150,000 post offices with Flipkart's commerce infrastructure

RITES to continue West Asia foray, war impact not substantial: Rahul Mithal

RITES will continue expanding in West Asia despite regional conflict, betting on IMEC-linked opportunities and digital trade corridor projects

Fortis Q4 net profit rises 44% on lower exceptional loss, higher revenue

Fortis Healthcare posted a 44% rise in Q4 profit, driven by strong hospital and diagnostics growth and lower exceptional losses

Bernstein says Adani Group's 'hard-bank' phase may be over as risks ease

Bernstein says leverage, pledged-share and overseas funding concerns around Adani Group have eased after recent US-related legal overhangs were resolved

Dalmia Bharat to acquire debt-ridden JAL's cement assets for ₹2,850 crore

Dalmia Bharat will acquire Jaiprakash Associates' cement assets for Rs 2,850 crore, boosting its capacity to 54.7 MTPA

Eicher Motors posts record Q4 profit, plans ₹3,400 crore FY27 capex

Royal Enfield maker Eicher Motors reports record quarterly earnings and plans Rs 3,400 crore capital expenditure for capacity expansion and growth

Emirates NBD launches open offer to acquire 26% stake in target company

Emirates NBD launches Rs 11,735 crore open offer to acquire up to 26 per cent stake in RBL Bank after securing regulatory approvals

Lenovo India revenue grows 23% to $4.18 billion in FY26

Lenovo India VP and Managing Director, Shailendra Katyal, said the company has recorded a 34 per cent year-on-year growth in the March 2026 quarter

Colgate-Palmolive India Q4 profit flat amid GST-related charge impact

Colgate-Palmolive India reports largely flat Q4 net profit due to GST-related charges and restructuring costs, while revenue rises 9.1 per cent year-on-year

LTM offers to buy Randstad's Europe, Australia businesses for 160 mn euro

The acquisition will help LTM expand its AI, engineering and cybersecurity capabilities in Europe and Australia while strengthening its presence in aerospace, defence and financial services

Godrej Properties ties up with Tata Projects for contracts worth ₹1,100 cr

Tata Projects will execute construction work for three luxury residential developments by Godrej Properties along Gurugram's Golf Course Road

Vedanta unit Talwandi Sabo Power faces ₹127 cr penalty after SC ruling

The apex court has upheld the alleged penalty on TSPL for misdeclaration of availability for January 2017 in terms of the Grid Code, along with the applicable Late Payment Surcharge

Alembic Pharma gets USFDA nod for generic levothyroxine sodium tablets

The approval by USFDA is for the Abbreviated New Drug Application of levothyroxine sodium tablets of various strengths

Auditors feel the heat from 'cooling-off Bill' on conflict of interest

A draft Bill proposes ways to check conflict of interest among auditors and their clients