Company News

L&T bags major EPC order from Kuwait Oil Company for export facilities

Contract covers crude oil storage tanks, pipelines and upgrades to Kuwait's export network under the Jurassic Light Oil infrastructure project

Publicis challenges CCI probe over brand name, legal entity dispute

Publicis says the CCI should amend its investigation papers to name its Indian unit, TLG India, rather than "Publicis Groupe"

SML Mahindra eyes new heavy trucks after M&M transfers CV business

Board approves Rs 525 crore acquisition of Mahindra Truck and Bus Division, bringing all commercial vehicle operations above 3.5 tonnes under one listed entity

L&T bets ₹5,000 crore to become Tier-1 supplier in auto electronics market

Engineering major will invest over five years in EV motors, ADAS and connected-vehicle technologies, targeting a fast-growing market dominated by global players

Irdai approves Patanjali Ayurved, DS Group's acquisition of Magma General

Regulator clears acquisition of Magma General Insurance from Sanoti Properties, with Patanjali to acquire a 73.56% stake and DS Group 24.50%

Marvell to invest $250 million, double India workforce in 3 years

US chipmaker will expand its engineering footprint in Bengaluru and Hyderabad as it steps up research and development for AI, cloud and data infrastructure

P&G appoints Shailesh Jejurikar as chairman; Jon Moeller to retire

Announcing the leadership change, P&G said Jejurikar will succeed Moeller, who has spent 38 years with the company

ArcelorMittal's subsidiary leases 82k sq ft office space in Hyderabad

The subsidiary expands its Hyderabad footprint with a new lease in the Financial District, taking its total office space in the building to around 1.65 lakh sq ft

Why Johnson & Johnson plans to pay $5.5 bn after insisting talc was safe

Johnson & Johnson's proposed talc settlement shows that for large corporations, removing years of legal uncertainty can sometimes matter more than proving they are right in court

ACME Solar secures ₹3,404 crore PFC funding for 250 MW FDRE project

The 19-year funding will support a solar, wind and battery storage project across Rajasthan and Gujarat, backed by a 25-year power purchase agreement with NHPC

ACME Solar bags ₹3,405 cr PFC funding for 250 MW renewable energy project

The financing for the Rajasthan-Gujarat project takes ACME Solar's total project funding raised this fiscal to over ₹6,000 crore

Inox Wind secures ₹1,600 crore order from NLC India for 200 MW project

The project is scheduled to be commissioned within 24 months from the date of the Letter of Award (LoA), a company statement said

ACME Solar Holdings secures ₹3,405 cr finance for 250-MW renewable project

The funding will be used for the development and construction of the ACME Urja One project, which spans across Fategarh-II in Jaisalmer, Rajasthan and Jamkhambhaliya in Devbhumi Dwarka, Gujarat

Biocon gets Canadian health regulator's nod for Yesintek autoinjector pen

The company's subsidiary in Canada has received NOC approval for Yesintek Autoinjector from Health Canada, Biocon said

BHEL bags order from Nigerian firm to supply 8 gas turbine generators

The group is one of Africa's largest and most diversified business conglomerates, with interests spanning oil refining, petrochemicals, fertilisers, cement, sugar, packaging and other sectors

L&T secures major EPC order for crude export infra from Kuwait Oil Company

The project, awarded to L&T Energy Hydrocarbon Onshore, involves the EPC of six new crude oil storage tanks, each with an operating capacity of 618,000 barrels.

Tata Sons' FY26 consolidated net at 5-year low of ₹17,923.4 crore

Tata Sons' consolidated profit fell 35.7% in FY26 to ₹17,923 crore as losses at Air India, Tata Digital and other unlisted ventures weighed on earnings

Suzlon Energy eyes Europe, Australia and Southeast Asia for exports

Suzlon plans to expand overseas with a 3 GW export order book by FY31, targeting Australia, Europe and Southeast Asia while ramping up domestic capacity

Paytm Payments Bank to be wound down after Delhi High Court order

The RBI said the Delhi High Court has ordered the winding up of Paytm Payments Bank (PPBL) following the central bank's petition and cleared the appointment of Nair as the official liquidator

Unilever to invest in India to protect leadership position: CEO Fernandez

The FMCG major said India will be a key contributor to Unilever's long-term growth as it continues investing to strengthen market leadership across categories