Company News

Reliance signs $3 billion green ammonia supply deal with Samsung C&T

RIL signed a binding long-term agreement with South Korea's Samsung C&T to supply green ammonia for 15 years

Lemon Tree Hotels books long-term stay in West Asia despite conflict

Fleur Hotels demerger expected by April next year; tech bets to expand Keys brand

MakeMyTrip weighs India IPO as part of long-term plan after Nasdaq listing

Travel services platform considers Indian stock market debut more than 15 years after NASDAQ listing to access domestic capital and strengthen its presence in the country

NFRA suggests stronger internal control operations for audit companies

The others include improving documentation and a better assessment of keeping arm's length in giving loans to subsidiaries

Hard Rock Cafe ends franchise agreement with JSM, shuts 10 outlets

Hard Rock International terminates its franchise agreement with JSM Corporation, leading to closure of 10 cafe outlets across major Indian cities

ReNew's C&I arm secures $95 mn investment from LeapFrog-led consortium

LeapFrog Investments leads $95 million equity infusion into ReNew Green Energy Solutions to expand its commercial and industrial renewable energy platform

Fino Payments Bank denies links to betting and gaming activities

Bank says reports of an ED probe into online gaming transactions are speculative and clarifies that the ongoing DGGI investigation relates to programme managers and merchants

Tata Motors to raise commercial vehicle prices by up to 1.5% from April 1

The price increase is being undertaken to partially offset the impact of rising commodity prices and other input costs, the company said in a regulatory filing

CCI must balance innovation and prevent digital dominance: Rajiv Gauba

NITI Aayog member Rajiv Gauba said CCI must balance innovation and fair competition in digital markets, while chairperson Ravneet Kaur flagged potential anti competitive conduct

JSW Steel unit eyes debut $1 billion short-term debt issue, says report

The company has invited bids for both the issues on Wednesday and has hired a few foreign banks to act as arrangers, they added

Marrakech landmark La Mamounia turns its attention to the Indian traveller

Century-old property headed by the hotelier who helped reposition The Imperial New Delhi

BenQ eyes 50% growth in India in 2026, to expand local manufacturing

Benq, which is already exporting to the South Asian markets from India, will gradually increase exports from here and add more markets

Ola Electric plans stake sale to raise up to ₹2,000 crore for battery arm

Stake sale in Ola Cell Technologies aims to unlock value from battery assets as the EV maker strengthens finances and scales domestic cell manufacturing

Vedanta plans to raise up to ₹2,575 cr via NCDs to diversify funding

In October 2025, its $500 million bond issue was oversubscribed three times, while an NCD offering in June last year saw nearly 60 per cent oversubscription

PhonePe defers IPO listing amid geopolitical tensions, market volatility

The decision was taken due to the current geopolitical conflicts and market volatility

Iran war: SECL ready to meet India's coal demand amid energy disruptions

During FY26, the company has achieved around 165 million tonnes of coal production and over 169 million tonnes of coal dispatch up to mid-March, ensuring steady supply to power plants, other consumers

UpGrad plans to acquire edtech platform Unacademy in all-stock deal

If the deal closes, upGrad's integrated model will be on a strong trajectory, said Ronnie Screwvala, cofounder of upGrad, on X

iPhone FOB value likely to hit $70 billion in 5 years of PLI scheme

Exports in the five-year period accounted for 70 per cent, or $50 billion, of the FOB production value as Apple Inc shipped "made in India" phones across the world

India's privatisation push loses steam as IDBI Bank stake sale scrapped

The Centre may scrap the IDBI Bank stake sale after bids came below the reserve price, underscoring political and structural constraints shaping India's disinvestment strategy

RCom files review petition against SC decision on spectrum under IBC

Reliance Communications' resolution professional has asked the Supreme Court to review its ruling that telecom spectrum cannot be treated as an asset under the Insolvency and Bankruptcy Code