Page 6 - Dev Chatterjee

Torrent Pharma in advanced talks to acquire JB Chemicals from KKR

Torrent Pharma is negotiating to acquire JB Chemicals from KKR in a deal that may trigger an open offer, strengthening its position in the domestic pharma market

JSW Paints to buy almost 75% stake in Akzo Nobel India for ₹8,986 cr

Conglomerate to acquire 75% in Dutch paint maker for ₹8,986 cr; to become fourth-largest player in the sector

Tata Capital board clears ₹1,752 cr rights issue ahead of IPO plan

Tata Sons may subscribe to ₹1,630 crore of the issue as Tata Capital gears up for its $2 billion IPO, in compliance with RBI's NBFC listing mandate by September

Adani, 4 others submit ₹10k-11k cr bids for Jaiprakash Associates

The Adani group, Vedanta, Jindal Steel & Power, Dalmia Bharat, and PNC Infratech are the final bidders and the offers range from ₹10,000 crore to ₹11,000 crore, said a source close to the development

Tata Capital plans rights issue ahead of $2-bn IPO expected before Sept

Tata Capital board to meet Thursday to consider fresh rights issue ahead of its $2-bn IPO; company had raised Rs 1,500 crore in March via previous rights issue

Tata in talks with global consulting giant McKinsey for Air India overhaul

Air India denies talks on transformation of airline

Seeing strong growth amid global uncertainties: L&T's S N Subrahmanyan

Chairman S.N. Subrahmanyan says L&T saw robust order inflows and record profits in FY25 amid geopolitical tensions, infrastructure demand and digital expansion

PE firm Blackstone acquires South City Mall in Kolkata for ₹3.2K cr

Real estate services firm Anarock was the sole transaction advisor to the deal

Ahmedabad plane crash: Chandrasekaran urges Air India team to stay strong

Tata Sons Chairman N. Chandrasekaran calls for strength and resolve among Air India staff in wake of Ahmedabad crash, stressing resilience and safety focus

N Chandrasekaran pledges full transparency in Air India crash probe

A-I chairman says teams from India, UK, and US have begun investigations

Mood turns sombre at Bombay House after Air India Dreamliner crash

A sombre mood grips Bombay House after an Air India Dreamliner crash, dealing a blow to Tata's aviation revival plans and delaying key group events and ceremonies

Adani group to use own cash, debt to fund $20 billion annual capex

Group to bid for UP electricity discoms to expand network

India Inc to double capex to $850 billion in 5 years, says S&P report

Power & transmission, airline companies to lead investment drive

Centre appoints economist S Mahendra Dev as chairperson of EAC-PM

Niti Aayog vice chairman Suman Bery was holding the position following the death of Bibek Debroy who died on November 1 last year

Banks may hold back on fresh loans to Vodafone Idea as AGR clouds linger

Supreme Court (SC) had dismissed petitions by telecom companies Vi and Airtel seeking a waiver on paying interest, penalty, and interest on penalty components as part of their long-standing AGR dues

Reliance Retail and Jio likely to trigger Ebitda turnaround for RIL

Goldman expects Reliance's CROCI (cash return on capital invested) to widen by 140 basis points to 11 per cent by FY27, citing minimal downside risks to consensus earnings forecasts

Vedanta to raise upto ₹5,000 crore via unsecured bond issue for refinancing

Vedanta Ltd will issue bonds worth upto ₹5,000 crore to refinance existing debt and back capital expenditure as part of its restructuring and investment plans

'Business as usual': Indian firms brush off Türkiye tensions

None of the Indian firms - including Jubilant FoodWorks, Mahindra & Mahindra, and Dabur India - responded to emailed requests for comment

Tata Sons board accepts internal panel report on company secretary

Tata Sons board clears Suprakash Mukhopadhyay of wilful breach or personal gain in code of conduct case, reviews FY25 results and Tata Capital IPO plans

Schaeffler to invest €500 million in India, opens fifth plant in Tamil Nadu

German firm Schaeffler will invest €500 million in India over five years to grow EV, rail, and renewable businesses and deepen localisation amid global shifts