Company News

Anant Raj to demerge data centre, cloud biz into separately listed entity

The real estate developer will carve out its data centre and cloud services business into Ashok Cloud Pvt Ltd to sharpen strategic focus and unlock long-term shareholder value

Cognizant bags multi-million-dollar deal from US health insurer Centene

Cognizant secures a $500 million deal from US health insurer Centene to deploy its TriZetto platform, strengthening its healthcare IT business amid weak demand

Paytm builds ₹13,529 crore cash pile, eyes organic growth and acquisitions

The fintech firm said it is prioritising organic investments while remaining open to acquisitions at the right valuation as its cash balance rose to Rs 13,529 crore in Q1 FY27

KFin Technologies signs ₹282.85 cr lease for 2.4 lakh sq ft in Hyderabad

The registrar and transfer agent has leased 2.4 lakh sq ft in Hyderabad's Kokapet for 15 years, with the total rental outgo estimated at Rs 282.85 crore

Over 95% of post-restart trading activity came from returning users: WazirX

Crypto exchange says most trading in H1CY26 came from returning users, with one in seven adding fresh capital as it expands products following its October 2025 restart

HCL, ACME lead ₹4,574 cr Odisha investment push; 23 projects approved

The State Level Single Window Clearance Authority approved projects across 11 districts, with HCL Technologies and ACME Cleantech among the biggest investors

Adani Energy Solutions Q1FY27 profit more than doubles to ₹1,237 cr

Adani Energy Solutions on Tuesday posted a more than twofold rise in consolidated net profit to Rs 1,236.56 crore in the April-June quarter compared to the year-ago period on higher revenues

No further dilution by SBI in SBI Funds Management: Chairman C S Setty

SBI Funds Management made a subdued debut on the bourses, listing at Rs 613.30, a premium of 6.85 per cent over its issue price of Rs 574

CSM Technologies posts stellar performance as profit up 70%, margin expands

The GovTech company reported a 70.2 per cent rise in FY26 net profit as improved execution efficiency and operating leverage drove a sharp expansion in EBITDA margin

IKEA India to open second Delhi city store at DLF Avenue, Saket on July 30

The Swedish furniture retailer will open its second city store in Delhi at DLF Avenue, Saket, to serve customers across South and Central Delhi and neighbouring areas

One97 Communications to infuse ₹100 cr in wealth tech arm Paytm Money

Incorporated in 2017, Paytm Money is engaged in providing investment and wealth management services, including stock broking, mutual fund distribution, and other financial services

Piramal Realty launches Phase 2 of Thane project with ₹4,700 crore GDV

Piramal Realty has launched the second phase of its Piramal Vaikunth project in Thane, with a gross development value of Rs 4,700 crore and an estimated investment of Rs 3,600 crore

PNB to foray into acquisition finance in third quarter: CEO Ashok Chandra

"We have got our policy approved for the acquisition financing in the last board meeting," said PNB MD and CEO Ashok Chandra

Maruti Suzuki to hike prices by up to ₹30,000 across models from August

The price revision, effective from August, 2026, comes as Maruti Suzuki looks to offset rising input costs, with the exact quantum of the increase differing across models

L&T secures over ₹10,000 crore orders from metals and mining companies

L&T's Metals & Minerals business has secured multiple mega orders worth over Rs 10,000 crore, including EPC contracts for iron ore, steel and zinc processing projects across India

Shapoorji Pallonji Group closes one of India's biggest private credit deals

Shapoorji Pallonji Group raised about ₹15,100 crore in one of India's largest private credit deals to refinance debt, backed by domestic and global investors

Sterling Holiday Resorts plans 20 openings over next year: MD& CEO

Thomas Cook (India)'s hospitality arm aims to expand to 95 resorts and 4,500 rooms by 2027, banking on demand for experiential travel despite industry headwinds

Cement manufacturer Nuvoco Vistas Corp lays bricks for ₹13K cr FY27 revenue

The cement maker expects revenue to exceed Rs 13,000 crore in FY27, backed by 7-8 per cent volume growth, stable pricing, demand recovery and ongoing capacity expansion

Takeda gets DCGI approval for QDENGA, India's first dengue vaccine

The vaccine has been approved for individuals aged 4-60 years and can be administered without prior dengue screening, marking India's first vaccine-based strategy against the disease

Bupa open to raising stake in Niva Bupa, says deputy CEO Ankur Kharbanda

Bupa is open to increasing its stake in Niva Bupa as its India business outperforms global operations, with the insurer also focusing investments on technology and distribution