Company News

ED attaches 2 aircraft in probe against Reliance Anil Ambani Group

ED attaches ₹510 crore worth of assets, including two aircraft, in bank fraud-linked money laundering probe against Anil Ambani Group

Air India wants more wide-body planes; high costs a 'major concern': CEO

Air India CEO Tewolde Gebremariam says the airline is seeking more wide-body aircraft for global expansion while working to reduce high operating costs and return to profitability

Pioneer Urban launches ₹3,500 cr ultra-luxury housing project in Gurugram

The Alura project will feature around 250 luxury residences across two towers in Gurugram's Sector 62, with expected sales realisation exceeding ₹9,000 crore

Higher volumes, profit growth guidance positive for Marico stock

Marico's strong Q2 performance, led by Parachute volume growth and margin expansion, prompts brokerages to upgrade earnings estimates as the company raises its FY27 profit guidance

Firms need better understanding of AI agents: WSO2 CEO Harry Ault

WSO2 CEO Harry Ault says enterprises must focus on AI agent behaviour, strengthen governance and adopt open-source standards to address emerging security and operational risks

CCI clears Kotak Bank's acquisition of Deutsche Bank India retail business

According to a press release by the CCI, the acquisition covers Deutsche Bank's businesses operated through its branches in India and will be carried out as a going concern through a slump sale

India's office market gains momentum on strong leasing demand: KRT CEO

Knowledge Realty Trust CEO Shirish Godbole says GCCs and front-office occupiers are driving office demand, while tighter Western visa policies could further benefit India

Nexus Select Trust's NOI rises 8% to ₹504 crore in Q2 on strong leasing

The retail-focused Reit's net operating income rose to ₹504 crore in Q2FY27, while distributions increased 8 per cent to ₹359 crore amid strong consumption and leasing momentum

Associated Alcohols moves SC against CCI probe into alleged liquor cartel

The company has challenged a Madhya Pradesh High Court ruling allowing a CCI investigation into alleged bid rigging and market allocation among liquor distilleries in the state

FirstClub enters beauty and personal care with ingredient-first approach

FirstClub is entering beauty and personal care with more than 80 brands priced from ₹300 to ₹3,500, applying ingredient screening, product testing and customer-rating criteria

Happiest Minds-ITC Infotech merger on track, listing expected in a year

Happiest Minds says its merger with ITC Infotech is on track, with CCI and Sebi approvals pending and trading in the combined entity expected to begin within a year

Amazon's festive sales jump despite conscious spending sentiment

Amazon says festive shopping volumes rose over 50 per cent, driven by premium products and easy credit, even as a survey projected a 6 per cent fall in urban festive budgets

TVS Motor unveils four global models, eyes 30% overseas revenue by 2030

TVS Motor unveils four production-ready models at EICMA 2026 in Milan as it expands its European retail network and targets a 30 per cent international revenue share by 2030

HRV Pharma acquires German firm Phatebo, enters finished formulations biz

Hyderabad-based HRV Pharma acquires German clinical trial supplier Phatebo, which reported ₹350 crore revenue in 2025, marking its entry into Europe's finished formulations business

NTPC eyes to add 58 Gw of installed capacity reach 149 Gw by 2032: Chairman

The new capacities will be of various sources including renewables, Singh said addressing the KPMG ENRich 2026 event

ReNew to invest ₹9,000 crore in 1,500 MW pumped hydro project in Odisha

The renewable energy company has signed an MoU with the Odisha government for a 1,500 MW pumped hydro storage project in Ganjam district, part of its ₹45,000 crore investment plan

Upsurge India leads ₹50 cr iD Fresh Food deal as Blue Ashva Capital exits

The secondary transaction involved the transfer of about 1 per cent equity in iD Fresh Food, whose revenue crossed ₹870 crore in FY26, as early investor Blue Ashva Capital exited

Competing with customers unwise: Adani Airports CEO rules out airline foray

Adani Airport Holdings CEO Arun Bansal has ruled out plans to enter the airline business, saying competing with airport customers would not be a sound strategy

Tata Projects wins major contract for global automaker's Maharashtra plant

The work covers three critical packages: the assembly shop, press and weld shop, and utility and support buildings

BPCL buys 1 million barrels of US WTI crude for delivery in late December

The refiner bought the crude at a ‌premium of about $18 per barrel to the dated Brent contract for discharge at Mumbai