Company News

SBI in talks with Japanese lenders for acquisition financing: C S Setty

It has nearly ₹1 trn capacity to lend towards this segment; bank to file prospectus with Sebi by March for SBI MF IPO

UPL to spin off crop protection business into separate listed entity

UPL will demerge and consolidate its India and global crop protection businesses into a new listed entity, UPL Global, enabling focused value discovery across the group's operations

Tata Motors to widen BaaS beyond Punch.ev to lift entry-level EV adoption

Tata Motors aims to drive EV uptake in the sub-Rs 12 lakh segment by extending battery-as-a-service beyond Punch.ev, targeting buyers who need lower upfront prices and usable range

Swiss drugmaker Novartis to exit India listed unit in $159 mn deal

Swiss drugmaker to divest entire holding in Novartis India to a ChrysCapital-led consortium; open offer at Rs 860.64 per share to follow under takeover rules

Heritage Foods follows stringent quality norms, empowers farmers: MD

She also asserted that the firm adheres to stringent quality testing procedures to ensure highest standards in its products

Sebi pursues fund diversion allegations against Zee Entertainment

The regulatory scrutiny was a key obstacle to Zee's merger with Sony, which was abandoned in January 2024 after two years of legal disputes

L&T's Vyoma signs pact with Lexlegis to host Legal AI on sovereign cloud

The collaboration will see Lexlegis Legal AI hosted and operated on Vyoma's Sovereign Cloud, ensuring that sensitive legal and regulatory data remains stored within India

Qualcomm, Tata Electronics sign deal to make automotive modules in Assam

The collaboration aims to enable local production of automotive technologies for digital cockpits, infotainment, connectivity, and intelligent vehicle systems

Novartis to sell majority stake in India unit in ₹1,446 crore deal

The consortium will offer ​Novartis India's ‌public shareholders ₹860.64 per share, ‌an exchange filing showed, representing a 3.6 per cent ‌premium to ​its closing ​price on Thursday

Ola Electric plans to cut store count to 550 amid market share slump

Ola Electric reportedly plans to cut its store count to about 550 by March as sales slow, market share falls sharply and the company restructures operations to reduce costs

Anil Ambani tells Supreme Court he won't leave India without nod

Anil Ambani submits an affidavit to the Supreme Court stating he will not travel abroad without permission and will continue cooperating with ED and CBI in the RCOM fraud investigations

₹10 trillion over 7 years: Reliance Industries makes bold bet on AI

Ambani says move will cut cost of intelligence as 'we did' with data

MSEDCL plans year-end IPO, to hive off agricultural load into new firm

Maharashtra discom to separate agri load, shift it to solar DRE projects and clean up its balance sheet before launching an IPO targeting up to 10% government stake dilution

ASG, YM Infra launch ₹2,800 cr luxury tower in Marine Lines, Mumbai

One Marina, a 74-storey project with a ₹2,800 crore GDV, marks ASG's push in South Mumbai as developers expand portfolios through joint ventures and acquisitions

Govt forms high-level committee to monitor progress of PFC-REC merger

High-level committee and working group to oversee personnel integration, restructuring, technology alignment and regulatory approvals for the proposed merger

ATR bets on 2026 production ramp-up amid strong turboprop demand

The company logged 60 gross orders and 50 net orders last year, taking its backlog to more than 160 aircraft, while revenues held steady at about $1.2 billion

Barclays opens new Gurugram office, reinforces India's strategic role

UK-based banking group expands its NCR presence with a 4,000-seat facility, strengthening India's role as a technology and global services hub

United Breweries gets sound mark for 'Oo La La La Le O' Kingfisher jingle

United Breweries secures trademark protection for its iconic 'Oo La La La Le O' Kingfisher jingle, reinforcing sound as a legally protected brand asset in India

Swiggy shuts Snacc instant delivery service to refocus on core areas

Swiggy cites business economics and long-term priorities in shutting Snacc, even as its food delivery segment grows and platforms serve attendees at the India AI Impact Summit

Puravankara launches 6.99-acre Purva Silversky premium project in Bengaluru

The 356-unit project in Hebbagodi, Electronic City, features large-format 3-5 BHK homes, a 17,700 sq ft clubhouse and over 45 lifestyle amenities across an elevated podium