Company News

Religare Enterprises announces demerger to unlock shareholder value

This is the first major restructuring announced by the company since Burmans took over REL in Feb 2025, the financial services firm said

Lodha Developers buys 80% stake in Pune-based SRPL for ₹294 crore

Lodha Developers will acquire 80 per cent equity stake in SRPL and the cost of acquisition is ₹294.07 crore

CNH India to resume US tractor exports; invest ₹1,800 cr after tariff cut

The New Delhi-based subsidiary, which operates brands like New Holland and Case IH, halted most US-bound shipments late last year after higher duties made them unprofitable

India market shows strong volume growth for Unilever, says CEO Fernandez

Hindustan Unilever (HUL) is consistently ranked as Unilever's second-largest market globally by revenue, after the United States, with India contributing around 12-14 per cent of total sales

Lenovo India Q3 revenue grows 7% to ₹8,145 cr on AI, infra demand

Shailendra Katyal, Vice President and Managing Director of Lenovo India, stated that the performance reflected sustained demand rather than a one-off spike

Hero MotoCorp plans to boost growth in under-represented segments: CEO

The country's largest two-wheeler maker also expects to expand its presence in international markets and the parts and accessories business

US interim trade deal opens door for tractor exports: Escorts Kubota CFO

Under its 2030 mid-term business plan, Kubota Corporation stated that while aiming to capture high-growth markets, it will leverage India as a global hub for R&D, procurement and production

Not satisfied with growth in India, revised plan in place: L'Oreal CEO

India, which currently contributes roughly one per cent of L'Oreal's turnover, is very small and needs a lot of effort, both financial and human, to change gears in India, Hieronimus said

3 senior bankers depart Raine Group India to launch new investment firm

Raine's marquee deals in India include the $8.5 billion joint venture between The Walt Disney Co and Reliance Industries Ltdn that combined their respective digital streaming and television assets

RBI okays Bain Capital's 41.7% stake acquisition in Manappuram Finance

With this approval, Bain Capital will be classified as a promoter of the Company and will jointly control Manappuram Finance along with the existing promoters

magicpin eyes 20M active users in 2026, food delivery to drive growth: CEO

A majority of the active 15 million users on the platform belong to the value-conscious segment in India's major cities in the age group of 18-35 years

Sneakrz operator Brandman Retail debuts on NSE; ends 5% above IPO

The company, which has an IPO price of ₹176, settled at ₹211.80 on NSE on Friday, up 4.98 per cent

Newspace India Limited signs deal to resell GalaxEye satellite products

According to officials, the agreement made GalaxEye the first private Indian satellite operator to formally collaborate with NSIL under a data reseller partnership agreement

IndiGo crisis: How India's top airline avoided ₹100 cr fine, political heat

IndiGo came out of December's chaos with limited fines, leveraging market dominance, procedural delays, and strategic lobbying to navigate the crisis

USFDA issues Form 483 with 4 observations for Piramal Pharma's T'gana plant

These observations are related to enhancement in procedures and not related to data integrity and indicated to be classified as a VAI (voluntary action indicated)

Signature Global, RMZ Group form JV for ₹1,283 crore mixed-use project

As part of the transaction, GCL, a wholly-owned subsidiary of Signature Global, and Millennia Realtors, an RMZ entity, have entered into a Securities Subscription and Purchase Agreement (SSPA)

IndiGo plans to hire over 1,000 pilots after December flight crisis

Hiring comes after over 5,000 flight cancellations in December 2025 due to new DGCA rest rules; airline increases crew strength, training and schedule buffers to avoid repeat disruptions

Ixigo to acquire 60% stake in Spanish train booking platform Trenes

Consequent to the acquisition, Online Travel Solutions, S.L. will become a step-down subsidiary of Ixigo, it stated in a late-night regulatory filing on Friday

Infosys declares 85% average Q3 bonus for employees after strong results

Improved variable pay for December quarter follows steady revenue momentum and deal wins, lifting employee sentiment even as technology stocks face pressure over automation concerns

Singapore-based flex space provider Just Co enters Indian market

Gurugram and Bengaluru among first centres as Singapore-based firm launches super-premium workspaces under The Collective brand