Company News

New launches, chronic portfolio to maintain growth for Zydus Lifesciences

Strong domestic formulations, chronic therapies, new US launches and a complex-product pipeline have supported the rally, though valuations now stand above historical averages

Adani projects worth ₹2.6 trillion completed or underway in Maharashtra

The projects form part of a broader ₹6 trillion investment blueprint spanning energy, aviation, urban regeneration, data centres and coal gasification

Sindhuja raises ₹100 crore via NCDs; Carlsberg gets Sebi approval for IPO

Sindhuja Microcredit raised ₹100 crore through NCDs, while Carlsberg India received Sebi's observations for a ₹6,600 crore IPO involving a stake sale by its parent

Broadcom to lend Anthropic up to $42 bn to lease its chips, filing says

The company's relationship with Anthropic spans compute supply, equipment leasing and financing -- giving the semiconductor company a central role in Anthropic's infrastructure buildout.

AI cybersec startup Armadin valued at over $2.5 bn after new funding round

Investors ‌have poured large ​sums into ​early-stage startups building defenses against AI-driven ​cyberattacks.

Not consulted on Tata Sons reorganisation letter: SDTT vice-chairmen

Venu Srinivasan and Vijay Singh said no SDTT meeting had authorised the September 28 proposal and called for collective deliberation on its legal, financial and governance implications

TCS to buy US retailer Best Buy's India GCC, develop an AI-native centre

Best Buy's India entity will transition to TCS under a multi-year agreement, combining its retail knowledge with technology and AI capabilities to build an AI-native centre

Mahindra, Embraer in talks to build C-390 military aircraft ecosystem

Mahindra Group said it is in preparatory discussions with Embraer to create an industrial and support ecosystem for the military transport and aerial refuelling aircraft C-390 Millennium in India.

Lure Holdings eyes $2.5 bn branded realty development per year in India

The US-based platform will partner with Indian developers through Ciril to curate branded projects, initially targeting eight markets with access to over 300 global brands

Homegrown brands bet on smaller towns for festive growth through Flipkart

Flipkart says homegrown brands have grown 60 per cent in Tier 2 and Tier 3 markets, while its beauty and general merchandise category is growing nearly 50 per cent

Accenture beats Q4 revenue guidance, projects 3-6% growth for FY27

Fourth-quarter revenue rose 6 per cent to $18.7 billion, beating guidance, while Accenture projected 3-6 per cent growth for FY27, offering some comfort to Indian IT firms

Jio Platforms IPO in final stages after concluding worldwide roadshows

Jio Platform is giving final touches to its public offer documents, touted as India's largest at an estimated $3.8 bn, after concluding worldwide roadshows, according to a source

TVS Motor total vehicle sales rise 24% to 672,790 units in September

TVS Motor Company said its total vehicle sales grew 24 per cent to 672,790 units in September as against 541,064 units in the same month last year.

Coal India raises September supplies 12.5% amid growing demand for power

Supplies to the power sector rose 10.63 per cent to 48.9 million tonnes in September, while coal production increased 9.18 per cent to 53.5 million tonnes, CIL said

MP Tourism, Royal Enfield begin two-year partnership for adventure tourism

A 10-day expedition will take 22 riders through Madhya Pradesh's wildlife and heritage destinations as the partners develop motorcycle routes and promote responsible tourism

Phi Commerce elevates Rajesh Londhe to CEO, targets international growth

Londhe will lead global strategy and international expansion, while former CEO Jose Thattil becomes executive chairman to oversee strategy, fundraising and partnerships

Canara Bank's advances grow 16.83%, outpace deposit growth in September

Canara Bank's domestic advances rose to ₹12.63 trillion and deposits to ₹15.48 trillion, while several other lenders also reported strong credit growth in quarterly updates.

Sebi keeps Inox Clean Energy's IPO papers to raise ₹10K cr in abeyance

Markets regulator Sebi has kept in 'abeyance' the draft offer documents of Inox Clean Energy Ltd, which is looking to raise up to Rs 10,000 crore through an initial public offering (IPO).

Nykaa Fashion offers six-month zero-commission model for apparel brands

Brands joining Nykaa Fashion's Hidden Gems accelerator will pay no commission for six months and gain access to marketing support, mentorship and preferential visibility

NTPC Q2 power generation grows 13% to 118 bn units; coal dispatch up 28%

NTPC's coal dispatch rose 28.45 per cent year-on-year to 11.899 million metric tonnes in the July-September quarter from 9.260 MMT a year earlier