Company News

Parle Agro FY25 result: Profit up over 6-fold at ₹115 cr, revenue rises 5%

Parle Agro's revenue from domestic sales was Rs 3,214.27 crore, and exports were at Rs 30.07 crore in FY25

Tejas Networks' D2M tech gaining ground, in talks with global players

Globally, we are in talks with a couple of operators, but those negotiations are at fairly initial stages of understanding the technology, said Arnab Roy

SFIO questions IndusInd Bank executives on accounting discrepancies

The MCA ordered an SFIO probe into IndusInd after statutory auditors and forensic reports flagged major accounting lapses

Adani group plans to invest ₹1 trn in airports, infra facilities in 5 years

At present, AAHL operates seven airports in Mumbai, Ahmedabad, Lucknow, Jaipur and Guwahati. The NMIA would be its eighth airport

Avendus Capital founders eye $35 million each after Mizuho Financial deal

The deal shows how finance founders in India are getting rich as the sector's rapid growth attracts a wave of mergers and stock listings

Piramal Finance to sell 14.72% stake in Shriram Life for ₹600 crore

The transaction is expected to close in the quarter ending March 31, 2026, subject to receipt of requisite regulatory approvals

Delhi HC quashes fraud tag on bank account linked to Jai Anmol Ambani

The court held that this could not amount to proper service and concluded that no notice had, in fact, been served before the adverse decision was taken

Cipla to exclusively market and distribute five Pfizer brands in India

Cipla will exclusively market five Pfizer brands in India, adding ₹400-430 crore of established acute therapies to its portfolio without manufacturing risk

Krafton plans ₹6,000 crore fund for Asian tech firms, India in focus

Krafton's investment in the form of the new investment fund comes at a time when the company is accelerating its presence in the region

Cert-In flags multiple vulnerabilities in Apple's iPhone, iPad OS

These vulnerabilities, Cert-In said, could leave Apple users at risk of unauthorised access to sensitive data on their devices, cause service disruptions, and compromise the entire device

Amrut Distilleries targets ₹750 crore revenue by 2030 on steady demand

The company highlighted that the planned investment will be allocated towards incremental upgrades and operational efficiencies

SBI onboards 541 probationary officers as hiring drive continues

State Bank of India onboarded 541 probationary officers, taking a step towards its plan to hire 18,000 employees this financial year

GlobalLogic sees higher conversion rate of AI PoCs to deployment

GlobalLogic says 40-50% of its AI pilots move to production, far above global averages, as enterprises focus on agentic and physical AI for real business gains

NTPC prepares 244 GW expansion plan till 2037 with ₹7 trillion investment

CMD Gurdeep Singh has shared growth and expansion plans of the company in a lenders' meet, NTPC statement said on Thursday

Tata Power raises ₹2,000 crore via issuance of NCDs on private placement

The NCDs are to be issued to identified investors on a private placement basis, on the terms and conditions as mentioned in the placement memorandum for the said issue and other transaction documents

Pfizer, Cipla sign exclusive marketing, distribution deal for 4 brands

Pfizer India Country President Meenakshi Nevatia said the partnership with Cipla will help expand the reach of its medicines to patients

ED returns ₹300 crore to clear unpaid dues of Kingfisher's employees

The development came after the Debts Recovery Tribunal (DRT) in Chennai passed an order on December 12

Coca-Cola India FY25 result: PAT rises 46% to ₹615 cr, revenue at ₹5,042 cr

Coca-Cola India's expenses on advertising and sales promotion decreased ₹13.75 crore to ₹1,311.13 crore for the year under review from ₹1,520.22 crore in FY24

Flipkart buys stake in Minivet AI to drive GenAI-led ecomm innovation

The acquisition is a strategic move to build and invest in core Generative AI (GenAI) capabilities, at a time when e-commerce is rapidly shifting towards visual, conversational, and AI-led discovery

IBM to skill 5 mn Indian youth in AI, cybersecurity and quantum by 2030

The initiative is expected to support IBM's goal of creating a more equitable and future-ready workforce by expanding access to advanced digital skills and improving employability