Company News

Tumult at Bombay House: Tata Sons, Trusts were ready for casting vote clash

While legal opinion to Tata Sons is dated Sep 16, Tata Trusts had it for over three months

Tumult at Bombay House: Many ways to split Tata Sons' sprawling empire

Noel Tata proposes carving up the group's ₹1.8-trillion asset portfolio into smaller, sector-specific entities to bypass the central bank's mandatory public listing threshold

DGCA doing operational, financial checks on SpiceJet: Aviation Min Naidu

Aviation watchdog DGCA is carrying out the operational and financial scrutiny of budget carrier SpiceJet to ensure that passengers do not face any inconvenience, Civil Aviation Minister Naidu said

Runwal Enterprises aims to boost balance sheet via ₹500 crore issue

The Mumbai-based developer plans to use IPO proceeds to repay debt, invest in subsidiaries and fund acquisitions as it pursues an asset-light growth strategy

Samsung India profit falls 36% to ₹7,228 crore; mobile revenue declines

Samsung India Electronics profit declined 36 per cent to Rs 7,228.10 crore for the financial year ended March 31, 2026, according to a RoC filing by the consumer electronics major.

Indian semiconductor market at inflection point, says NXP CTO Lars Reger

NXP CTO Lars Reger says connected smart devices will boost chip demand, while physical AI, automotive systems, smart appliances and payments offer opportunities

Mahindra expects Thar, Thar Roxx volumes to rise at least 10% in 12 months

Mahindra has raised monthly capacity for the Thar and Thar Roxx to around 11,000 units and built more than 30 days of inventory ahead of the festive season

Binance invests $100 mn in Circle, expands partnership to promote USDC

The five-year partnership will see Binance promote USDC across its global platform, particularly in emerging markets, while Circle provides infrastructure services

SC reserves verdict on states' power to impose additional tax, surcharge

A seven-judge Constitution Bench is examining whether states can impose a surcharge, additional tax or cess on sales or purchases based on an existing tax

JSW eyes 100,000-unit electric CV capacity by 2030 with AMPSTAR push

Rs 2,000-cr initial investment in AMPSTAR; group bets fleet economics, captive demand will drive e-truck adoption

Tata Sons split may offer legal route, but RBI nod remains a key hurdle

Experts say an NCLT-approved restructuring may be legally feasible, but it would not by itself override RBI requirements or remove Tata Sons' listing obligation

SC issues notice on challenge to NCLAT ruling on convening company EGMs

The dispute concerns when the NCLT can direct an extraordinary general meeting under Section 98 of the Companies Act and whether other remedies must first be used

German Green Steel, Power IPO to open on Sep 25 with price band of ₹132-139

German Green Steel and Power Ltd will hit the primary market on September 25 with a Rs 304-crore initial public offering (IPO)

Borosil Renewables targets ₹2,500 crore revenue as capacity rises 60%

The solar glass maker plans to add 600 tonnes per day through two new furnaces at its Bharuch plant, taking total production capacity to 1,600 TPD by Q1FY28

PhonePe secures UAE payments licences, plans Aani, Jaywan support

The fintech major has received in-principle approval for two UAE payments licences and plans to support domestic payment rails Aani and Jaywan ahead of its commercial launch

Samsung India profit falls 36% to ₹7,228 crore in FY26, revenue up 1.2%

Samsung India Electronics reported revenue from operations of ₹1,11,183.40 crore on a consolidated basis for FY25, and its profit stood at ₹11,287.50 crore

Protecting Tata's trust-based legacy is need of the hour: Sharad Pawar

The current leadership issue should be resolved through due process, dialogue and adherence to the Articles of Association, the former Union minister said in a post on X

Parag Milk Foods to invest ₹100 cr to expand paneer production capacity

Currently, the company manufactures 20 MT per day of paneer at its facilities, Parag Milk Foods said in a statement

GST 2.0 demand boost prompts Maruti Suzuki to accelerate capex plans

The company's passenger vehicle sales grew about 36 per cent year-on-year during April-August 2026, while sales in the entry segment surged over 96 per cent during the period

PhonePe receives initial UAE central bank nod for payment licenses

PhonePe has received in-principle approval from the UAE central bank for two licences covering retail payments, card schemes and stored-value facilities