Company News

Odisha HC quashes ₹696 cr demand, sets aside ₹1,473 cr notice to JSW Steel

Court has quashed a ₹696.32 crore demand against JSW Steel over mineral dispatch shortfalls at its Jajang iron ore block. It also set aside a separate ₹1,473 cr demand for FY25

Truecaller expects $91 million tax claim from India over transfer pricing

A transfer price is the actual price charged in a transaction between related entities, according to Income Tax website

PhonePe Invest aims to bring everyday savers into equities: Rahul Chari

PhonePe on Monday rebranded its investing and trading platform Share.Market as PhonePe Invest, bringing it into its broader financial ecosystem

Brookfield's $2.53 bn bid for Reliance Worldwide clears 'go shop' hurdle

The plumbing supplies firm agreed in Sep to a scheme implementation deed under which Brookfield Capital Partners and its affiliates would acquire all of Reliance Worldwide's shares for $3.38 apiece

India's VC funding for startups stays flat at $10.9 billion in 2026 so far

Venture capital funding for Indian startups reached $10.9 billion across 1,253 rounds in 2026 so far, with investors concentrating funds in fewer companies and deeptech ventures.

IPO review: Jio Platforms' ₹30,213 crore mega offer is at a minor premium

Brokerages say the firm is well positioned to sustain industry-leading growth, given market leadership, multiple triggers

RCom RP files curative petition, challenging February SC spectrum ruling

Resolution professional Anish Nanvaty seeks recall of the Supreme Court verdict excluding spectrum from IBC proceedings, arguing that the ruling causes irreversible harm to lenders

DLF eyes revenue growth from FY28 as ₹75,000 cr projects near completion

DLF expects revenue growth to accelerate from FY28 as projects worth ₹75,000 crore near completion. The company also expects further price increases at The Dahlias

Honda 2W weighs capacity expansion beyond planned 8 million units

HMSI is assessing whether to add a production line or set up another factory as domestic demand and exports grow, with existing expansion plans set to lift capacity to 8 million units

JLR India expands presence in Delhi, Gurugram, sees NCR as key market

The Tata Group-owned automaker's Managing Director, Rajan Amba said the move strengthens JLR's retail presence in the region, terming it an important market

Moody's revises IPO-bound Oyo parent Prism's outlook to 'positive'

Moody's Ratings has revised the outlook on IPO-bound OYO parent Prism to 'positive' from 'stable', while reaffirming the travel tech unicorn's B2 corporate family rating.

Cleartrip eyes sustained growth driven by air travel, non-air business

In the first half of this year (January-June), Flipkart-owned Cleartrip witnessed 40 per cent overall year-on-year growth

NTPC to begin feasibility studies in more states for nuclear programme

NTPC is targeting to set up 30 GW of nuclear projects in the country to contribute to the government's ambitious 100 GW nuclear capacity target by 2047

Tata Trusts disbursed ₹1,556 crore in FY26, plans 40-50 nonprofit hospitals

The philanthropic group disbursed ₹1,556.31 crore in FY26, with rural upliftment receiving the largest share

South Indian Bank aims 16% loan growth in FY27 amid West Asia war risks

Retail, agriculture and MSME loans, which account for 61% of the bank's advances, are expected to grow 17-18%, while elevated oil prices and inflation remain key risks

Kaizad Bharucha to exit HDFC Bank at end of December after three decades

Bharucha, 60, was among the contenders for the bank's top job, with the board recommending him as its internal candidate for the position of managing director and chief executive officer (MD & CEO)

FSSAI initiates legal action against Priyagold maker over cattle feed bran

FSSAI said Surya Food & Agro used cattle feed bran in Priyagold biscuits, Dodla Dairy's full cream milk sample was substandard, and pesticide residues were found in raisins sold by UEIR Organic Foods

Iveco Group shareholders approve Tata Motors' takeover proposals

Iveco shareholders approved key resolutions for Tata Motors' €3.91 billion acquisition, lowering the minimum share acceptance threshold from 95% to 80% and easing the path to completion.

Govt should act as 'landlord' in port JVs: DP World CEO Yuvraj Narayan

While expressing confidence in the Indian economy, Narayan pointed out that the country's energy import bill, which puts pressure on the rupee, affects dollar returns for investors

Yes Bank AT-1 bond reinstatement likely to hit CET-1 ratio by 250 bps

The bank said it is reviewing the Supreme Court order that upheld the Bombay High Court's decision to quash the write-off of AT-1 bonds during its reconstruction phase