Company News

Voting advisory firms back MUFG's $4.4 bn investment in Shriram Finance

The special resolutions will be put to vote between January 11 and 13, with an extraordinary general meeting (EGM) scheduled for January 14

United Breweries plans to step up visi-cooler deployment by nearly 50%

India's largest beer maker will expand its visi-cooler network, add new capacity and roll out product innovations to drive accessibility and category growth

Inox Clean Energy ties up ₹3,100 crore in equity for capacity expansion

Inox Clean Energy ties up ₹3,100 crore equity from global and domestic investors to fund IPP growth and solar manufacturing expansion, valuing the firm at ₹50,000 crore

Eternal gets GST demand order of ₹3.7 crore with interest, penalty

The company said it believes it has a strong case on merits, and will file an appeal against the order before the appropriate authority

Tata Power to set up ₹6,675 crore 10 GW manufacturing facility in Andhra

The project will be the largest ingot and wafer manufacturing facility in the country, reinforcing Andhra Pradesh's position as a leading hub for advanced solar manufacturing

Lenovo aims to double India business in 3 years; bets on AI, smartphones

Lenovo Asia Pacific President Amar Babu believes Lenovo's future growth trajectory will be fuelled by domestic consumption and the 'India for the world' innovation strategy

Inox Clean raises ₹3,100 crore for IPP expansion, solar manufacturing

Inox Clean Energy said it has tied up ₹3,100 crore in equity funding to grow its IPP capacity and solar manufacturing, as it targets 10 GW power capacity by FY28

Infosys ties up with AWS to scale enterprise use of generative AI

The move focuses on combining Infosys Topaz, an AI-first set of services and platforms using GenAI technologies, and Amazon Q Developer, AWS's generative AI-powered assistant

Amazon Pay partners with 7 financial entities for fixed deposits

The company said it had partnered with two non-banking financial companies (NBFCs), Shriram Finance and Bajaj Finance, along with five banks

RIL denies report on Russia oil purchase, share price tumbles over 4%

The stock of Reliance Industries declined 4.5 per cent and ended the session at ₹1,508.90, its biggest one-day decline since June 4, 2024

'DIL-Sapphire Foods merged entity to cross $1 billion annual revenue'

The merged entity will have more than 3,000 stores globally and a turnover of approximately Rs 8,000 crore on an annualised basis

Confident of gradual improvement in consumption over coming quarters: GCPL

For its international markets, GCPL said, in Indonesia, competitive pricing pressures across key categories persisted during the third quarter

CCI approves Nippon Steel's ₹3,500 crore deal to fully acquire Krosaki

Nippon Steel holds a 46.6 per cent stake in Krosaki. After the completion of the transaction, Nippon Steel's holding in Krosaki would be 100 per cent

Dr Reddy's Laboratories launches hepatitis E vaccine Hevaxin in India

The company said Hevaxin is the only hepatitis E vaccine approved by the Drug Controller General of India (DCGI) and is indicated for active immunisation against HEV infection

Lodha Developers pre-sales increases 25% to ₹5,620 crore in Q3 FY26

The Mumbai-based developer's collections were Rs 3,560 crore for Q3 FY26, down 17 per cent year-on-year, but up 2 per cent quarter-on-quarter

Mahindra bets on SUVs, new launches to sustain sales growth in 2026

Last year, the Mumbai-based auto major leapfrogged to second position in passenger vehicle sales, ahead of Tata Motors Passenger Vehicles and Hyundai Motor India Ltd

Annapurna Swadisht to buy 75% stake in Andri Agro Foods for ₹150 million

The move is aimed at strengthening ASL's product portfolio and enabling its entry into the soya-based food products market both in India and overseas

MatchLog joins Softlink Global to boost container asset optimisation

The integration would help container reuse and asset optimisation for freight forwarders, third-party logistics providers, and shipping companies

Dell flags India as strategic growth market, steps up AI PC push

Whether for work, education, or home use, consumers are increasingly viewing PCs as long-term investments that must continue to deliver value over multiple years

Wipro leases 145K sq ft office in Navi Mumbai's Mindspace SEZ for 5 years

The lease has been signed with the handover scheduled on January 7, 2026, while the rent will commence from April 1, 2026, following a rent-free period of 84 days