Company News

TVS ILP plans up to ₹2,700 cr capex in bid to grow warehousing portfolio

The company is evaluating opportunities in cold storage and data centre sectors

Hindustan Zinc planning ₹25K cr capex to expand refined metals capacity

Hindustan Zinc plans a ₹25,000 crore investment to expand refined zinc and lead capacity, targeting 2 million tonnes annually by FY30

Mphasis says clients more 'amenable' to outcome pricing amid AI-led deals

The IT services firm says AI-led transformation is driving greater client interest in outcome-based pricing, though such contracts still account for a small share of revenue

Shriram Finance aims to double gold loan share in loanbook in 3 years

Shriram Finance plans to double gold loans' share of its loan book to 5% in three years and increase MSME lending as it expands secured retail financing

India among top 5 growth markets, key to global strategy: Red Hat

India is currently at the centre of the company's global strategy, Navtej Singh Bal, Vice President and General Manager, India and South Asia, Red Hat said

Lodha Developers targets 20% profit growth to ₹4,100 crore in FY27

The company's profit doubled to ₹1,373.1 crore in April-June from ₹675 crore in the year-ago period

Punjab National Bank's profit to cross ₹20,000 cr mark in FY27: MD Chandra

From the second quarter of last financial year, the bank has been maintaining a net profit of over Rs 5,000 crore every quarter, Chandra said

ABDL targets mid-teen growth in FY27, aims to cross ₹600 crore Ebitda

The Chhabria family-promoted firm, which is expanding its international footprint, expects to increase presence to 60-70 nations over the next three years, driven by premium and mass-premium portfolio

Costa Coffee store count shrinks to 198 in India in FY26, revenue up 7%

However, Costa Coffee's revenue was up 7 per cent year-on-year to ₹212.5 crore in FY26

Maruti Suzuki targets 900,000 units of CNG vehicle sales this fiscal

The demand for CNG vehicles is no longer restricted to small cars and vans, but it has also seen a rise even in the company's SUVs, Maruti Suzuki India Ltd (MSIL) Senior Executive Officer said

Tata Technologies confident of a breakout year in FY27: CEO Warren Harris

The company is strategically poised to take advantage of a shift taking place in the industry where OEMs are increasingly looking to outsource more development work

Hindustan Zinc plans ₹5,000 crore capex for FY27, 80% for current projects

CEO Arun Misra said around 80 per cent of the FY27 capital expenditure will fund ongoing projects, while the remainder will be deployed for new initiatives

IDFC First Bank Q1FY27: Net profit rises 132% Y-o-Y to ₹1,075 crore

The bank further said its loans and advances increased to ₹3,05,370 crore as of June 30, 2026 from ₹2,53,233 crore as of June 30, 2025, a growth of 20.6 per cent

AU SFB posts 37% rise in Q1 profit as NII grows, provisions decline

The lender's June-quarter profit was aided by strong growth in net interest income and lower provisions, although asset quality weakened sequentially

Maruti targets 25-30% growth in SUV sales in FY27 on new Brezza, launches

SUV contribution to Maruti Suzuki's domestic sales has risen from 12 per cent in FY23 to around 30 per cent in the first quarter of FY27

Tata Consulting Engineers targets $1 billion revenue milestone by FY31

The Tata Group engineering consultancy is betting on energy, semiconductors, metals, infrastructure and manufacturing to triple its business over the next five years

Odisha to house HCLTech's first data centre; ₹15,000 cr AI push planned

A first of its kind project in India, the facility will provide secure, scalable and inclusive digital infrastructure for government, research institutions, startups and enterprises

ICICI Bank raises $1 billion through 5-year USD bonds at T+100 bps

This is ICICI Bank's first dollar bond issuance since 2017 and also the largest single tranche dollar bond issuance by an Indian issuer in 2026

BNP Paribas Cardif to buy 26% stake in IndiaFirst Life from Warburg Pincus

The transaction, subject to regulatory approvals, will make BNP Paribas Cardif the second-largest shareholder in IndiaFirst Life after Bank of Baroda

Avenue E-commerce's FY26 loss widens to ₹306.53 crore on expansion push

The online arm of Avenue Supermarts reported a higher annual loss as it invested in expanding DMart Ready's home delivery network and fulfilment infrastructure