Company News

Kirloskar Group sharpens real estate focus with broader asset class plans

Kirloskar Industries Group, through Avante Spaces, plans to expand across office, mixed-use and residential projects as conglomerates deepen their real estate presence

Anupam Rasayan to acquire up to 43% stake in Bliss GVS Pharma for ₹1,369 cr

The Surat-based company will acquire a 43.3 per cent stake at ₹299 per share for ₹1,369.51 crore, and launch a mandatory open offer for an additional 26 per cent from public shareholders

Knowledge Realty Trust to invest ₹700 cr to build office space in Bengaluru

KRT Chief Executive Officer (CEO) Shirish Godbole said the company is looking for the acquisition of prime office assets to grow business organically

EaseMyTrip focused on long-term growth, strengthening biz ecosystem: CEO

Pittie highlighted Indians' strong appetite for domestic tourism, with nearly 90 per cent of EaseMyTrip's revenue coming from the segment

Adani overhang easing after US SEC case, funding may revive: Bernstein

The report said the settlement of the US SEC case and moves by US prosecutors to drop charges against the group had removed a major overhang on Adani stocks

Coal India plans syngas production units as gas supply concerns rise

Coal India Ltd (CIL), which accounts for over 80 per cent of domestic coal output, has already initiated steps to develop such coal-to-syngas facilities

Hero MotoCorp eyes stronger market lead on new launches, e-scooter sales

The company sees its scooters, which have witnessed strong demand for both internal combustion and electric versions, as one of the 'growth vectors'

Qatar Holding sells 0.4% stake in Adani Energy; Birla MF buys for ₹644 cr

Qatar Holding LLC offloaded 48,05,974 shares, representing a 0.40 per cent stake in Adani Energy Solutions, as per block deal data executed on Friday

W Asia conflict to end in 2 mths, India capex to push growth: Sajjan Jindal

Speaking to reporters on the sidelines of IIM Nagpur's tenth convocation, where he was the chief guest, he said industries focus on long-term plans

Goldman Sachs, SocGen, others buy 1.34% stake in Paytm for ₹964 crore

Other foreign investors participating in the transaction included Ghisallo Capital Management, BNP Paribas, Copthall Mauritius Investment, and Hong Kong-based Viridian Asset Management

Swiggy's IOCC setback may delay Instamart's next expansion phase

Swiggy told stock exchanges it had failed to win the shareholder approval needed to amend its Articles of Association, a key step in its efforts to qualify as an IOCC

Venus Remedies gets Saudi FDA nod for speciality oncology therapy

This is the first marketing authorisation the company secured for speciality oncology therapy, Plerixafor, anywhere in the world

No nationwide fuel shortage, outages 'localised and temporary': IOC

IOC added that state-owned oil marketing firms continued to maintain sufficient fuel inventories nationwide and were taking steps to address isolated disruptions and ensure uninterrupted supplies

High-value clinical research marks gradual shift to India: Parexel

Parexel says India is evolving into a strategic innovation and clinical research hub as global pharmaceutical firms shift high-value functions and decision-making roles

Flipkart taps India Post to expand e-commerce reach across smaller towns

The partnership will begin in Maharashtra and Gujarat, combining India Post's network of over 150,000 post offices with Flipkart's commerce infrastructure

RITES to continue West Asia foray, war impact not substantial: Rahul Mithal

RITES will continue expanding in West Asia despite regional conflict, betting on IMEC-linked opportunities and digital trade corridor projects

Fortis Q4 net profit rises 44% on lower exceptional loss, higher revenue

Fortis Healthcare posted a 44% rise in Q4 profit, driven by strong hospital and diagnostics growth and lower exceptional losses

Bernstein says Adani Group's 'hard-bank' phase may be over as risks ease

Bernstein says leverage, pledged-share and overseas funding concerns around Adani Group have eased after recent US-related legal overhangs were resolved

Dalmia Bharat to acquire debt-ridden JAL's cement assets for ₹2,850 crore

Dalmia Bharat will acquire Jaiprakash Associates' cement assets for Rs 2,850 crore, boosting its capacity to 54.7 MTPA

Eicher Motors posts record Q4 profit, plans ₹3,400 crore FY27 capex

Royal Enfield maker Eicher Motors reports record quarterly earnings and plans Rs 3,400 crore capital expenditure for capacity expansion and growth