Company News

VC firm Capital-A secures ₹160 crore in first close of its Fund II

Capital-A said the fund is also in advanced discussions with select domestic institutional and quasi-sovereign investors aligned with its sector focus

MobiKwik's NBFC arm likely to launch operations in 2026: Upasana Taku

MobiKwik gets RBI nod for NBFC arm, plans lending launch in 2026; move to boost fintech stack, expand credit offerings, and tap co-lending opportunities

Sun Pharmaceutical acquires US-based Organon in $11.75 billion deal

Combined entity to have revenue of $12.4 billion; enters biosimilars big league

Coal India Q4 results: Net profit rises 12% on higher other income

Coal India's Q4 profit rises 12% on higher income, but weak offtake and softer FY26 performance highlight demand concerns despite diversification push

Amazon to take 'Now' rapid-delivery service to 100 cities in India

E-commerce giant ramps up micro-fulfilment network as quick-commerce competition intensifies

Johnson Lifts acquires majority stake in Toshiba JV, boosts India presence

Johnson Lifts raises stake to over 80% in Toshiba JV, aiming to strengthen its position in India's premium elevator and escalator market with enhanced growth prospects

Is MakeMyTrip weighing IDR route for India listing? Here's what it means

MakeMyTrip is reportedly evaluating IDR route over a traditional IPO as it looks to access Indian investors while managing tax exposure, regulatory complexity in its offshore structure

L&T Realty expands development portfolio with NCR land acquisition

Acquisition of ₹1,123 crore adds Gurugram to co portfolio amid expansion

Visa appoints Suresh Sethi as group country manager for India, South Asia

Based in Mumbai, Sethi will report to Stephen Karpin, Regional President, Asia Pacific, Visa

L&T Realty expands development portfolio with first land acquisition in NCR

This acquisition will enable L&T Realty Properties to leverage the land owned by IGSL for enhancing and expanding its real estate development portfolio

JSW Motors plan to set up 'experience centres' to debut its India car brand

JSW Motors plans to set up at least four 'experience centres' across key Indian cities including Mumbai, New Delhi and Ahmedabad, before rolling out its debut product in the second half of the year

Vipul Organics unit begins membrane sales, targets 25% revenue share

AdiMem will launch Reverse Osmosis (RO) and Ultrafiltration (UF) membrane manufacturing at its Sayakha, Gujarat facility using proprietary Reverse Phase Transition technology

Jefferies maintains 'Buy' on Paytm; sees growth intact despite PPBL curbs

In its latest report, Jefferies stated that Paytm had already undertaken comprehensive structural changes over the past two years, following the regulator's 2024 restrictions on PPBL

Sun Pharma to acquire US drugmaker Organon in $11.75 billion all-cash deal

The acquisition would help Sun Pharma further expand its ‌women's health portfolio with access to Organon's portfolio of more than 70 products across women's health and general medicines

Indian tech giants struggle to shake off $115 bn rout amid weak demand

The selloff in stocks has deepened since Tata Consultancy Services kicked off earnings on April 9, with nearly $115 billion now wiped off the value of the IT gauge over four months

IT services major LTM to launch AI-linked pricing model in FY27

LTM plans to launch Blueverse Credit, an AI-based pricing model combining human effort and digital employees, shifting beyond traditional billing methods

JioStar moves Bombay High Court against CCI order in broadcast dispute

JioStar moves Bombay High Court, challenging CCI's jurisdiction in Asianet dispute, arguing the matter falls under TRAI's regulatory domain

Statsguru: Tim Cook reshaped Jobs legacy; now it's over to Ternus

As Tim Cook steps down after 15 years, John Ternus inherits a more mature Apple shaped by services growth, rising R&D focus, and India's expanding iPhone market

70% clients shielded from West Asia war, says LTTS CEO Amit Chaddha

LTTS, an engineering research and development (ER&D) company, reported an 8.3 per cent rise in revenue in the fourth quarter but its dollar revenue growth was flat at 0.3 per cent

Paytm's wallet sees a shake-up as RBI cancels payments bank licence

Company claims no material impact despite cancellation of payments bank's licence