Company News

Adani Ports to acquire Dutch operator Evos in €2.56 billion deal

The all-cash acquisition of Evos will give Adani Ports eight European terminals with 6.3 million cubic metres of storage capacity, expanding its liquid cargo portfolio.

Power Grid eyes long growth runway as transmission opportunity expands

A ₹2.2 trillion order book, GEC III, HVDC, intrastate transmission and storage projects underpin growth, though land acquisition and competitive bidding remain key risks

Coal India's listing-bound subsidiaries log fall in e-auction premiums

E-auction premiums at Coal India's MCL and SECL declined sharply between FY24 and FY26 despite higher coal volumes being offered, as booking rates weakened at both subsidiaries

Sterling likely to go through demerger by July 2027: Thomas Cook India CEO

The proposal has cleared Sebi and stock exchanges and is before the NCLT, while Thomas Cook sees strong long-haul leisure demand and plans deeper tier-2, tier-3 expansion

ONGC Q2 profit up 57% as higher oil, gas prices offset decline in output

Revenue from operations rises to ₹43,875 crore in Q2FY27, while first-half profit nearly doubles year-on-year

Mehli Mistry contests removal from Tata Trusts, counters governance claims

Mistry questions the validity of the resolution ending his trusteeship and seeks scrutiny of the eligibility of trustees who voted against him

Noel Tata to retire as vice chairman of Titan Company on November 12

Noel Tata will retire from Titan's board after more than 23 years, while the company's Q2FY27 net profit rose 113.7 per cent to ₹2,393 crore, aided by a one-time gain

Growth, margins to remain steady for Nykaa on strong beauty biz performance

Nykaa's beauty business drove strong Q2FY27 growth, with improving operating margins and steady fashion performance, though analysts remain cautious about the stock's rich valuations

M&M cuts FY27 tractor industry growth forecast to flat amid drought fears

Deficient rainfall in Maharashtra and Karnataka weighs on tractor demand, prompting M&M to cut its FY27 industry growth outlook to flat, though northern markets remain resilient

Nalco's ₹30,000 cr brownfield aluminium smelter expansion gathers pace

The state-run aluminium producer plans to add 0.5 mtpa of smelting capacity by 2030-31, with land acquisition, technology partnerships and captive power arrangements progressing

Apollo's Bangladesh patient revenue nears pre-crisis peak of ₹450 crore

Apollo Hospitals expects Bangladesh patient revenue to recover towards its pre-crisis peak of ₹450 crore, while its international patient services business grew nearly 37 per cent in Q2FY27

Blinkit Ambulance to charge ₹2,500 for non-emergency trips amid misuse

Blinkit Ambulance will introduce a ₹2,500 charge for non-emergency transfers to curb misuse of its services, while emergency ambulance trips will continue to remain free

Tata Motors' iRA apps vulnerable to data theft, user impersonation: CERT-In

Cert-In's risk assessment identifies the possibility of unauthorised access to sensitive information, user impersonation and unauthorised modification of application data

Venomics AI raises $2.7 million to discover drugs from animal venom

The IISc spinout will use the pre-seed funding to expand its Venom Atlas molecular database, strengthen AI-led drug discovery and laboratory screening, and validate potential drugs.

Adani Ports to acquire European storage major Evos for €2.56 billion

The €2.56 billion all-cash acquisition will give Adani Ports a presence across eight liquid storage terminals in five European countries, expanding its global network to 28 ports and terminals.

Barclays to invest ₹1,500 crore in India, boost banking businesses

The investment is aimed at strengthening its investment banking and private banking businesses in the country, according to an official statement

Fairfax India raises stake in IIFL Capital to 38% with ₹2,000 cr investment

IIFL allotted 57,142,857 equity shares to FIHM on November 4, 2026 for ₹350 per share aggregating to ₹2,000 crore, IIFL Capital said in a regulatory filing

Why Blinkit Ambulance will now charge ₹2,500 for non-emergency transfers

Blinkit Ambulance will charge ₹2,500 for non-emergency transfers while keeping emergency rides free. Deepinder Goyal said the move will ensure ambulances remain available for critical cases

Tata Sons' Chandrasekaran meets Italian PM Meloni after Iveco acquisition

Chandrasekaran presented the Tata Group's strategy following the Indian conglomerate's acquisition of a controlling stake in Iveco Group at the meeting held

altM raises $10.3 mn to turn agricultural residue into industrial chemicals

The Bengaluru startup will use the funding to expand manufacturing as it moves its agricultural-residue-based products towards commercial production