Company News

Tata Group's battery unit turns to own tech for making lithium cells

The closely held Agratas Energy Storage Solutions Pvt. is building a pilot production line of lithium iron phosphate, or LFP, cells at its upcoming battery factory in Sanand, Gujarat

FSSAI bars Dabur from selling food products with misleading '100%' claims

FSSAI informed that it has issued a prohibition order to Dabur India Ltd over the sales of food products carrying misleading '100 per cent' claims

Indian Oil to invest ₹1 trillion in petrochemicals over next 5 years

The state-run refiner plans to raise petrochemical intensity to 16% while expanding renewables, pipelines, green hydrogen and sustainable aviation fuel capacity.

Adani group proposes to invest ₹1 trillion for data centre in Odisha

Facility would trail only Google's intended Andhra project in scale

Adani plans ₹1.5 trillion investment in Odisha nuclear power projects

The group has proposed two nuclear power plants, a thermal power station and pumped storage projects, with the plan to undergo detailed scrutiny before any approval

Willie Walsh assumes charge as IndiGo CEO, succeeds Pieter Elbers

Willie Walsh has assumed charge as IndiGo's chief executive officer after completing his tenure at IATA and will lead the airline's global expansion, operations and commercial strategy

MobiKwik bets on AI to boost loan disbursals by ₹300 crore a quarter

The fintech firm is using AI to reduce loan application drop-offs and convert passive users into borrowers as it strengthens its lending business after securing an NBFC licence

SC allows CERC to frame mkt-coupling regulations, dismisses IEX challenge

The apex court says the challenge is premature as regulations are yet to be notified, while allowing IEX to raise objections after the framework is finalised.

Saurabh Jain joins Bandhan AMC as Chief Business Officer from StanChart

Former Standard Chartered Bank India executive brings leadership experience across wealth management, private banking, investment strategy, sales, distribution and branch banking

Essar to invest $5.8 billion in UK energy transition projects by 2035

The group plans to invest £4.3 billion in low-carbon projects, including the Stanlow energy transition hub, while expanding its UK fuel retail network and exploring data centres

ITC completes Century Pulp acquisition, expands paper business scale

The ₹3,500-crore acquisition makes ITC India's largest integrated paperboards and paper company, raising capacity by over 50% to around 1.5 million tonnes

GRSE wins ₹1,032 crore ONGC order for four platform supply vessels

The state-run shipbuilder will design and construct four hybrid-propulsion platform supply vessels for ONGC to support offshore exploration and production activities.

Tata Projects appoints Sukumar Hebbar as managing director and CEO

Former Larsen & Toubro executive Sukumar Hebbar succeeds Vinayak Pai as Tata Projects looks to expand its presence across infrastructure, data centres and industrial EPC.

Nalco fined by BSE, NSE over shortfall in independent directors on Board

Stock exchanges imposed penalties over non-compliance with SEBI's Board composition norms, while Nalco said appointments of independent directors are beyond its control.

From IPL finals to concerts, multiplexes seek a life beyond the movies

Concert films, live sports and fan events are emerging as multiplexes' latest growth strategy as exhibitors look to reduce their dependence on blockbuster releases and attract new audiences

Added flavour in your booze? FSSAI issues notices to Diageo, Inbrew

The regulator said that the notices have been issued as certain manufacturers are adding the flavour of the standardised alcoholic beverage itself

Chennai Petroleum plans to expand refining capacity to 280,000 bpd

Chennai Petroleum operates a 210,000-bpd Manali refinery in the southern state of Tamil Nadu

360 One Wealth CEO Yatin Shah targets bigger share of India's ultra-rich

India's largest independent wealth manager holds almost 10% of the ultra-high-net-worth market, and is looking to increase that to 12% or 13%, Co-Founder Yatin Shah said

Target bets on AI to drive enterprise strategy and retail operations

The retailer, with a market capitalization of more than $100 billion, is known for its style, design and curated merchandise and has about 5,500 employees in India now

Vedanta sees 67% rise in FY27 Ebitda to $10 billion, says CFO Ajay Goel

CFO says group expects to cut debt by more than Rs 20,000 crore in FY27