Company News

Virgin Media O2 may cut up to 4,000 jobs in major cost-cutting exercise

British telecoms operator Virgin Media O2 is considering cutting up to 4,000 jobs as part of a major restructuring, Sky News reported

BPCL, Lanxess in pact to explore advanced industrial lubricant technologies

LANXESS and Bharat Petroleum Corporation Limited (BPCL) said they have entered into an agreement to explore opportunities for long-term cooperation in advanced industrial lubricant technologies

IGL to supply PNG to 22 Northern Railway establishments across Delhi-NCR

Initial supply of 3,000 standard cubic metres per day will replace around 500 kg of LPG and 2,500 litres of diesel consumption daily, with demand expected to rise to 10,000 SCMD

CCI clears Xavier Niel's 5.1 bn euro Vodafone stake acquisition, 3 deals

The regulator also approved transactions involving Prosus-backed Navi, Aditya Birla Renewables' acquisition of Solenergi Power and Adani Energy Solutions' purchase of IntelliSmart Infrastructure

Jatin Kumar Nayak takes charge as Ireda chairman and managing director

The former REC executive director (Finance) has over three decades of experience and has previously worked with NHPC, Hindustan Copper, NALCO and other companies

Rahul Gandhi attacks govt on IDBI bank sale row; FM Sitharaman hits back

Congress leader backs bank employees, questions privatisation; finance minister defends disinvestment, citing revival under NDA

Powered by fuel earnings, Reliance Industries tops Sep quarter estimates

First to report over Rs 50K cr half-year profit

Data Security Council unveils India-specific agentic AI liability guide

The DSCI guide outlines how liability should be allocated across enterprises, AI developers and service providers, highlighting governance risks in autonomous AI systems

Reliance Industries seeks voluntary strike-off of UK Hamleys subsidiary

UK authorities have issued a notice for the proposed dissolution of Hamleys (Franchising) Ltd, which recorded ₹56.08 crore in turnover in 2025 and had nil net worth at year-end.

World's top 50 marathons made $6 bn for host cities, TCS accounted for 53%

TCS-partnered marathons accounted for 53 per cent of the $6 billion economic impact and 73 per cent of charitable fundraising by the world's top 50 marathons in 2025

Odisha govt cancels Vedanta's land allotment citing non-utilisation

Idco cancelled the lease for 28.8 acres of land allotted in Jharsuguda district as it was found without any permanent structures during an inspection

Tata Motors completes Iveco takeover with 89.42% stake, buyout continues

A fresh tender window for minority shareholders will open on November 2, while Tata Sons Chairman N Chandrasekaran has been appointed Iveco's chairperson following the takeover

Three letters set the tone for Tata Sons board meeting on November 26

After truce meeting with Chandrasekaran, Noel wants Tata Sons restructuring and Shapoorji Pallonji fundraising on the board agenda

AU Small Finance Bank probes potential data leak on Salesforce platform

The lender says its banking systems and services remain unaffected; the investigation follows a hacking group's claim that it accessed KYC, loan and other customer records

Sammaan Capital promoter raises stake to 33.32% after warrant conversion

Avenir Investment converted 8.69 crore warrants into equity shares for about Rs 906 crore, raising its stake in Sammaan Capital from 28.34 per cent to 33.32 per cent

India has ingredients for sustained growth in quant investing: WorldQuant

WorldQuant's Nitish Maini says India's deep technical talent pool and strong technology infrastructure offer a foundation for sustained growth in quantitative investing

Veritas Finance names Mathew Joseph non-executive chairman of its board

Joseph, who has over 36 years of experience in the financial industry, succeeds Raj Vikash Verma, who died on October 16, and will guide the company's governance and growth.

Govt defends IDBI Bank valuation, says process added ₹3,917 cr to deal value

The Finance Ministry said the Core Group of Secretaries on Disinvestment had the authority to decide the bidding process, which helped increase the IDBI Bank stake sale value by ₹3,917 crore

Sun Pharma's ILUMYA gets USFDA approval for psoriatic arthritis treatment

The US FDA approval expands ILUMYA's use beyond plaque psoriasis, adding a new treatment option for adults with active psoriatic arthritis

Vedanta lines up $25 bn investment over next three years for organic growth

Vedanta founder and chairman Anil Agarwal said the conglomerate would focus on its existing assets for growth, while remaining open to acquiring public sector assets if opportunities arise