Company News

Adani Enterprises raises ₹1,000 crore, bond issue sold out in 45 mins

NCDs are proposed to be listed on BSE and NSE and will be allotted on a first-come, first-served basis

CCI finds Tata Steel, JSW, SAIL, 25 others guilty of steel price collusion

The CCI probe into the steel industry began in 2021 after builders alleged nine firms colluded to restrict steel supply and hike prices in a criminal case

Juniper Green Energy raises ₹2,039 crore debt to fund renewable projects

This round of financing follows Juniper Green Energy's successful Rs 1,739 crores debt raise in August 2025 from the Indian Renewable Energy Development Agency Ltd (Ireda)

CCI directs 2 Ludhiana firms to cease, desist from anticompetitive conduct

The Commission found that the quotation of identical prices, timing of submission of financial/commercial bids and similar prior conduct support the conclusion of concerted action

Reliance denies claims of Russian crude shipments to Jamnagar refinery

Reliance Industries said its Jamnagar refinery has not received Russian crude in three weeks and expects no deliveries in January

ONGC partners with Japan's Mitsui to enter ethane shipping business

The explorer aims to capitalise on emerging opportunities in energy logistics, strengthen integration, and establish an operational presence in specialised shipping

Adani Power gets relief as Supreme Court nixes SEZ electricity duty

A bench comprising Justices Aravind Kumar and NV Anjaria held that the customs department lacked statutory authority to impose duty on electrical energy cleared from the SEZ to the DTA

Avanse Financial Services raises ₹1,200 crore through rights issue

The capital raise reflects strong shareholder confidence in Avanse's strategy, governance, long-term growth potential, while reinforcing its disciplined approach to building a diversified funding base

NCCCL bags ₹112.5 crore construction contract from Lodha Developers

Construction at the Alibaug site is expected to commence around mid-January 2026, with an estimated execution period of approximately 24 months

ONGC enters JV with Japan's Mitsui for ethane shipping; acquires 50% stake

ONGC to acquire 50% stake in ethane carriers run by Japan's Mitsui

Swiggy launches EatRight in over 50 cities, targets health-conscious users

EatRight will offer over 1.8 million dishes available from over 200,000 restaurants

HPCL commissions residue upgradation unit at Vizag refinery, boosts margins

The project marks a major step in upgrading India's refining complexity and reducing dependence on imported fuels

HDFC AMC forays into private credit market with ₹2,500 crore fund

IFC will invest up to ₹220 crore as an anchor investor in HDFC AMC's Structured Credit Fund-I

Torrent Pharma greenlights ₹12,500 crore fundraising plan via NCDs

Torrent Pharmaceuticals said the tenure of the instruments, along with the date of allotment and final maturity, will be determined at the time of issuance of NCDs

Sundaram Alternates Credit Fund announces first close at ₹1,000 cr

The fundraise remains open and is expected to conclude by March 2026, with a targeted final corpus of ₹1,500-2,000 crore

HDFC Bank's loan book grows 12% to ₹28.44 trn in Q3, CD ratio up at 98.5%

After several quarters, the bank reported loan growth higher than deposit growth. The bank mobilised ₹57,700 crore of deposits during the quarter while credit disbursed expanded by ₹75,300 crore

Universal Music India to acquire minority stake in Excel Entertainment

Under the terms of the agreement, Universal Music will gain global distribution rights for all future original soundtracks created for projects owned or controlled by Excel

Motherson secures PLI incentives for electronics components manufacturing

These incentives are for six years -- from FY26 to FY31, with an expected cumulative investment of ₹1,900 crore over the investment period

HDFC Bank posts 2.7% loan growth to ₹28.45 trn in Q3, deposits rise higher

HDFC Bank merged with its parent HDFC in July 2023, adding a significant pool of loans but a smaller volume of deposits

Govt may withdraw X's safe harbour tag over Grok AI obscene content lapses

The government has reportedly warned X of strict action if it fails to follow directions on removing AI-generated obscene content, stressing the need to protect users' safety and dignity online