Company News

Paytm wants to tackle UPI concentration risk via organic tech plans

Paytm CEO Vijay Shekhar Sharma says company aims to reduce concentration risk in UPI through technology-led growth as its market share by volume and value rises

Niva Bupa aims to turn profitable in Q4 FY26: CFO Mahendra Vishwanath

Health insurer expects profitability in the March quarter as impact of accounting norm changes eases, with Indian-GAAP numbers set to converge with IFRS

Godrej Properties acquires 8.5-acre Pune land, eyes ₹2,000 cr revenue

The real estate developer plans group housing on the land parcel in the Mahalunge-Hinjewadi micro-market, with a developable potential of about 2.1 million sq ft

Apple to open second Mumbai store soon as it expands India retail

India to get its sixth Apple Store as the iPhone maker accelerates retail expansion, with a second Mumbai outlet planned in the coming months

ITC to roll out freshness-led packaged foods via e-commerce platform

The FMCG major is piloting freshness-led packaged foods through its food-tech cloud kitchens, leveraging e-commerce platforms as it sharpens its premiumisation strategy

Dr Lal PathLabs Q3 net profit falls 6.4% on new labour code impact

Diagnostics major reports a one-time charge linked to new labour codes even as revenue rose over 10% on higher sample volumes and network expansion

BPCL seeks $10-12 per barrel discount on Venezuelan crude for viability

The refiner is now able to process heavy Venezuelan crude at its Kochi and Bina refineries, following upgrades that have enhanced the complexity of its refining system

CareEdge Ratings changes outlook for Vodafone Idea to positive from stable

AGR dues relief, improved operating performance and a large upcoming capex plan prompt the ratings agency to revise its outlook on the telecom operator

Nestle India logs strongest volume growth in 5 years, net rises 45%

FMCG major reports 45.1% year-on-year jump in Q3 FY26 net profit, driven by volume-led sales growth, with confectionery and beverages leading performance

IBM signs 10-year lease for 230,000 sq ft office space in Gurugram

US technology major leases space at Tata Realty's Intellion Park as demand for offices in tier-I cities stays strong and absorption continues to outpace new supply

Godrej Properties buys 8.5 acre land in Pune for ₹2k cr housing project

In a regulatory filing, Godrej Properties informed that it has acquired a 8.5-acre land parcel through outright purchase at Mahalunge, Pune

Bangladesh appoints UK law firm to arbitrate coal pricing with Adani Group

The development came in less than a week, within five days of the committee submitting its final report detailing power sector agreements

Groww, Edelweiss among bidders for Prudential's India asset management arm

PGIM Inc. is looking to sell its loss-making India asset management unit after seeing little meaningful expansion since it acquired the business from Deutsche Bank AG a decade ago

Maruti Suzuki onboards 5 early-stage startups to create new tech solutions

The initiative is part of the company's strategy to stay ahead of the technology curve by implementing technology-based solutions

Vedanta targets listing demerged units on Indian exchanges by mid-May: CFO

Vedanta's restructuring will spin off 4 businesses - steel and ferrous metals, oil and gas, aluminium, and power - into separately listed companies, while its base metals ‌unit will remain with parent

Adani pivots to local debt, aims to raise $10 billion over three years

A move last week by the US SEC to advance its stalled fraud case against Adani brought another reminder of the uncertainties burnishing the appeal of local funding

Adani hires prominent Wall Street lawyer as SEC case set to advance

The SEC's lawsuit alleges that Gautam and his nephew Sagar Adani violated US securities laws by making false and misleading representations about Adani Green Energy Ltd

'Japanese automakers explore ties with Shriram after MUFG investment'

Since the deal was announced, MUFG has fielded calls from automakers seeking to grow sales, for instance by offering preferential financing through Shriram

Indian Oil eyeing Africa and Europe for petrochemical exports: CMD

Indian Oil aims to increase refining capacity to 98.4 MTPA by 2028

Brokerages expect Vodafone Idea's revival plan to hinge on bank loans

Indus Towers to be key beneficiary as telco is planning to increase tower footprint