Company News

Allana Group plans to ship 40,000 tonnes of food products to West Asia

Allana Group operates in over 70 countries across the globe, with West Asia being one of its major markets

Abbott launches drug-eluting stent in India for complex heart blockages

The new device, XIENCE Skypoint, is designed to be more flexible, easier to guide through the heart's arteries, including large vessels

SAT upholds Sebi order against Sahara group firm in ₹14,106 crore OFCD case

In an order dated March 9, a three-member SAT bench ruled that the OFCDs issued by SICCL between 1998 and 2008 constituted a public offer, bringing them within Sebi's regulatory jurisdiction

JSW Steel crude steel output down 2% to 2.37 mt in Feb amid plant upgrade

JSW Steel said that the production decline was due to the shutdown of Blast Furnace 3 at the Vijayanagar plant for a capacity upgrade, while output growth excluding the unit rose about 8 per cent

IDFC First Bank pays ₹645 crore to settle fraud claims with Haryana govt

IDFC First Bank said it paid ₹645 crore to clients after claims linked to a suspected fraud at its Chandigarh branch, ₹55 crore higher than the initial estimate of ₹590 crore

Reliance Retail acquires Pahadi Local to scale beauty and wellness brand

Reliance Retail has acquired beauty and wellness brand Pahadi Local, with the founding team continuing in key roles as the company expands the label across retail and digital platforms

Tech Mahindra denies buzz around plan to lay off 30,000 employees

Tech Mahindra has denied social media claims that it plans large-scale layoffs, clarifying in an exchange filing that no such proposal is under consideration amid speculation of a 30,000 cut

West Asia crisis: Nasscom warns tech firms of cybersecurity threats

Nasscom has urged tech firms to strengthen cybersecurity frameworks as West Asia conflict heightens risks, advising measures ranging from credential resets to DDoS readiness and supply-chain audits

Bhagwati Products leases 430,000 sq ft in Oppo's Noida manufacturing plant

Bhagwati Products has leased 430,000 sq ft in Oppo's Noida plant to expand smartphone output, marking another major industrial space deal amid strong demand in NCR's manufacturing hubs

Tech Mahindra rubbishes market speculation on significant cut in headcount

Given the speculation, Tech Mahindra said it finds it necessary to clarify that no such proposal is under consideration

Puravankara enters Bengaluru joint development project worth ₹1,300 cr

Puravankara has signed a joint development agreement for a 4-acre land parcel on Hennur Road, Bengaluru, adding a project with an estimated GDV of over ₹1,300 crore to its growth pipeline

Hical Tech wins contract from Dassault to supply components for Rafale jets

The Bengaluru-based firm said that its inclusion in the Rafale programme positions India as a strategic contributor to one of the world's most operationally active fighter aircraft platforms

Margin gains, deal wins reflect clients' trust: Tech Mahindra CEO

The operating margin during the December 2025 quarter expanded by close to 100 basis points to 13.1 per cent, marking the ninth consecutive quarter of margin expansion for the company

NoBroker's ConvoZen launches two frontier AI speech models for India

Akshara speech-to-text and Ragini text-to-speech models aim to power multilingual enterprise conversations, supporting regional languages and telephonic interactions across various sectors

Meesho receives income tax demand notice of around ₹1,500 crore

The filing said that the demand order is based on certain additions and adjustments to the income reported by the company

Tata's in-house feud is going public. What's stopping its equity?

Trust dominance and a history of family feuds test Tata's ownership structure as pressure grows to list the holding company as regulatory and governance pressures mount

Fino Payments Bank gets RBI nod to name Ketan Merchant its interim CEO

Rishi Gupta's return to office subject to NRC, board reassessment and RBI view

Fino PB MD & CEO arrest puts spotlight on merchant-sourcing networks

Industry examines oversight and risks tied to programme managers

Data centre demand to rise with data use, smart cities: Schneider Electric

Rising data consumption and the rollout of smart cities will drive demand for data centres in India, even as their energy use remains a small share of the overall power ecosystem

Dilip Buildcon targets near debt-free status by FY28 on stronger orders

Dilip Buildcon aims to become near net debt-free by FY28, driven by execution-led cash flows, mining contributions, and InvIT monetisation as order inflows and project awards pick up