Company News
L'Oral plans ₹3,500 cr investment in Hyderabad GCC, inauguration this year
The L'Oreal facility would be the world's first GCC in the beauty-tech niche in Telangana. The facility is expected to create jobs for 2000 beauty tech engineers, a government official said
 "L'Oral plans ₹3,500 cr investment in Hyderabad GCC, inauguration this year")
RMZ partners with AP govt to facilitate investments up to $10 billion
RMZ will invest up to $10 billion in Andhra Pradesh over 5-6 years to build GCCs, hyperscale data centres and industrial parks across Visakhapatnam and Rayalaseema
 "RMZ partners with AP govt to facilitate investments up to $10 billion")
BPCL leads push to lock in long-term Middle East crude oil purchases
BPCL, as the company is known, has issued tenders for three grades - Abu Dhabi's Murban, Iraqi Basrah and Oman crude - for delivery from April to March 2027
 "BPCL leads push to lock in long-term Middle East crude oil purchases")
Apple Pay likely to enter India market this year, launch seen by end-2026
With this service, customers can save their credit and debit cards to the Apple Wallet
 "Apple Pay likely to enter India market this year, launch seen by end-2026")
Rallis India Q3 profit falls over 80% to ₹2 crore despite revenue growth
In a regulatory filing, Rallis India said the quarter included exceptional items -- the additional gratuity provision on account of Wage Code implementation
 "Rallis India Q3 profit falls over 80% to ₹2 crore despite revenue growth")
RBI approves appointment of Bharucha as whole-time director in HDFC Bank
Shares of HDFC Bank closed at ₹931.15, up 0.38 per cent over the previous close on BSE
 "RBI approves appointment of Bharucha as whole-time director in HDFC Bank")
Toyota enters India's electric vehicle market with Urban Cruiser Ebella
Toyota Kirloskar Motor enters India's EV market with the Urban Cruiser Ebella, a born-electric SUV developed with Maruti Suzuki, as it pursues a multi-technology electrification strategy
 "Toyota enters India's electric vehicle market with Urban Cruiser Ebella")
E-trucks reach diesel cost parity in 3-5 years, says Tata Motors CV
Company says its e-bus tender bid relied on 12-year cost realism
 "E-trucks reach diesel cost parity in 3-5 years, says Tata Motors CV")
AI deals keeping pipeline steady, says LTIMindtree CEO Venu Lambu
LTIMindtree sees strong growth visibility as a robust pipeline of renewals and AI-native deals spills into next fiscal, even amid an unchanged macro environment
 "AI deals keeping pipeline steady, says LTIMindtree CEO Venu Lambu")
Lodha signs MoU with Maharashtra to invest ₹1 trn in data centre park
The developer said the additional investment will support a 2.5 GW green integrated data centre park in the Mumbai region, expected to create over 16,000 jobs and host global players
 "Lodha signs MoU with Maharashtra to invest ₹1 trn in data centre park")
Everstone Capital to exit Burger King India parent Restaurant Brands Asia
QSR Asia exits Restaurant Brands Asia, selling 11.26% stake to Inspira Global; Rs 1,960 crore infusion planned via equity and warrants
 "Everstone Capital to exit Burger King India parent Restaurant Brands Asia")
Zomato leases 270,000 sq ft office in Gurugram's Intellion Park
Zomato has leased over 270,000 sq ft of office space at Tata Realty's Intellion Park in Gurugram at a monthly rent of Rs 2.33 crore, amid strong office demand across India's top cities
 "Zomato leases 270,000 sq ft office in Gurugram's Intellion Park")
Embassy Developments to invest ₹4,500 crore to expand its Mumbai footprint
Embassy Developments will invest Rs 4,500 crore to launch three luxury residential projects in Mumbai with a GDV of Rs 12,000 crore, expanding its MMR footprint from Q4 FY26
 "Embassy Developments to invest ₹4,500 crore to expand its Mumbai footprint")
360 One Asset rolls out ₹1,000 crore fund for defence and spacetech
The fund has been raised completely from domestic investors and its greenshoe option is now open
 "360 One Asset rolls out ₹1,000 crore fund for defence and spacetech")
CCI approves Tata Steel's acquisition of 50.01% stake in Thriveni Pellets
The development came after Tata Steel in December last year announced that it entered into a pact to acquire a majority stake in Thriveni Pellets Pvt Ltd for ₹636 crore
 "CCI approves Tata Steel's acquisition of 50.01% stake in Thriveni Pellets")
ITC Infotech CEO and MD Sudip Singh steps down after seven years
ITC Infotech CEO Sudip Singh has stepped down after seven years, with president and COO Manas Chakraborty set to take over the top role
 "ITC Infotech CEO and MD Sudip Singh steps down after seven years")
Elan Group awards ₹840 crore construction contract to Tata Projects
Elan Group awards an Rs 840 crore construction contract to Tata Projects for its ultra-luxury residential project 'Elan-The Statement' in Sector 49, Gurugram
 "Elan Group awards ₹840 crore construction contract to Tata Projects")
Energy company AM Green to set up $25 billion AI hub in Greater Noida
AM Green signs pact with UP to invest $25 billion in a 1 GW AI hub in Greater Noida, powered by carbon-free energy, targeting hyperscalers and sovereign AI by 2030
 "Energy company AM Green to set up $25 billion AI hub in Greater Noida")
Suryoday SFB enters gold loan segment to scale secured lending portfolio
Suryoday Small Finance Bank has entered the gold loan segment, starting with Maharashtra
 "Suryoday SFB enters gold loan segment to scale secured lending portfolio")
AU Small Finance Bank Q3 results: Net profit jumps 26% to ₹668 crore
The Jaipur-based bank had posted a profit after tax of ₹528 crore in the corresponding period last year
 "AU Small Finance Bank Q3 results: Net profit jumps 26% to ₹668 crore")