Company News

JSW kicks off work on India's biggest steel mill in Odisha's Paradip

JSW Steel has commenced construction of its 13.2-mtpa integrated steel complex near Paradip in Odisha, with plans to expand capacity to 25 mtpa over time

HDFC Bank denies inappropriate payments allegation, shares fall

HDFC Bank rejected allegations of inappropriate payments to a Maharashtra government agency as its shares declined amid renewed scrutiny over governance concerns

MedTherapy bets on low-cost CAR-T manufacturing with Noida CDMO push

Boston-headquartered MedTherapy Biotech is expanding its India manufacturing footprint while preparing clinical trials for a lymphoma-focused CAR-T therapy with Cipla

Gig workers in a 45-degrees economy: Quick commerce faces heatwave test

With temperatures crossing 45°C in several cities, India's fast-delivery economy is facing growing questions over worker safety, platform accountability and consumer expectations

Singapore court sentences Byju's founder to six months in jail for contempt

Founder Byju Raveendran says settlement discussions are near conclusion and rejects what he called a misleading portrayal of the case

Byju Raveendran gets six months in jail for contempt of court in Singapore

Byju Raveendran was ordered to serve jail time after the court said he had disobeyed multiple orders related to his assets dating back to April 2024

SC junks ₹202 crore penalty on Amazon by CCI in Future Coupons case

The Supreme Court set aside the Competition Commission of India's penalty on Amazon over its Future Coupons investment and directed refund of the recovered amount within eight weeks

Red Balloon Aerospace launches India's 1st domestic super-pressure platform

Founded in 2025, Red Balloon Aerospace achieved operational commercial flight in just eight months, marking one of the fastest development timelines in the global near-space sector

Pernod hid Scotch composition, age to pay lower tariffs: Tax authorities

Pernod is seeking to quash a September decision by arguing that ​it was not given access to key pricing data in the investigation

Ola Electric secures regulatory approval for commercial e-scooter launch

The vehicle appears to be based on Ola Electric's existing S1 platform but configured for commercial use cases such as food delivery, quick-commerce logistics and urban fleet operations

SC sets aside CCI's ₹202 crore penalty on Amazon in Future Group deal

The top court said if any amount was deposited or recovered from Amazon pursuant to these orders, the same be refunded within eight weeks

Growth-stage VC firm Physis Capital closes its maiden ₹400 crore fund

Growth-stage VC firm closes maiden ₹400 crore fund and gears up for a ₹2,000 crore second fund focused on tech-led startups and deep-tech bets

Aviva Life targets 3x jump in annualised new business premium in 5 years

The insurer currently has around 350,000 customers and plans to increase annual customer additions from nearly 25,000 at present to 50,000 initially, before gradually scaling up to 75,000

Tata Sons board takes close look at new-age businesses; next meet June 12

No talk on Chandra's term or listing at meeting called on Noel's behest

Priority postpaid plans compliant with net-neutrality norms: Airtel

The telecom operator told the government its priority postpaid plans are compliant with TRAI and DoT norms and do not degrade service quality for prepaid users

WFH, travel curbs: Maruti Suzuki India steers into energy-saving mode

As on March 31, 2025, MSIL had 19,966 regular employees and 33,811 non-regular employees on its rolls, as per the company's annual report

Sun Pharma's Unloxcyt posts 50% response rate in skin cancer study

Updated data from the CK-301-101 trial showed durable responses and manageable safety profile in patients with locally advanced cutaneous squamous cell carcinoma

Govt approves Skymap Pharma's ₹121 crore bid for IMPCL stake sale

The Centre approved Skymap Pharmaceuticals' Rs 121 crore bid for the strategic sale of its stake in Indian Medicines Pharmaceutical Corporation Ltd

Govt to sell up to 2% stake in Coal India via OFS from Wednesday

The sale of up to 2 per cent stake or about 12.32 crore shares at ₹412 apiece would fetch about ₹5,000 crore to the exchequer

Slice Small Finance Bank posts first-ever ₹48.4 crore net profit in FY26

The Bengaluru-based lender turned profitable following its merger with North East Small Finance Bank, with total income more than doubling in FY26