Company News

Advent to pick up 14.3% stake in Aditya Birla Housing Fin for ₹2,750 cr

The ₹2,750-crore primary capital infusion by Advent International values Aditya Birla Housing Finance at ₹19,250 crore and will support growth and market expansion

Infosys to help US bank Citizens set up AI innovation hub in India

Infosys will work with US-based Citizens to launch an AI-first innovation hub in Bengaluru to drive AI-led transformation across banking operations and services

Gold financier Muthoot Finance raises $600 million via overseas bond issue

Gold financier Muthoot Finance raised $600 million through a senior secured bond issue under its $4 billion Global Medium Term Note programme

Paytm receives RBI compounding order, company to pay Rs 18.76 lakh

RBI has imposed a compounding fee of Rs 18.76 lakh on Paytm for FEMA violations linked to certain investments in its subsidiaries, the company said

Adani Defence, Italian firm to set up military chopper facility in India

Strategic partnership will help meet the Indian armed forces' requirements for advanced helicopters

Paris prosecutor's cybercrime unit searches X office, Musk summoned

The raid is linked to a year-long investigation into suspected abuse of algorithms and fraudulent data extraction by X or its executives

Yamaha enters India's EV market with EC-06 scooter priced at Rs 1.67 lakh

India Yamaha Motor has announced the price of its first electric scooter, EC-06, at Rs 1.67 lakh, to be sold in select cities through premium Blue Square showrooms

Tesla India launches EMI scheme, ₹3 lakh exchange offer to spur sales

To encourage customers switching from the petrol and diesel cars to electric, Tesla said it is offering ₹3 lakh exchange incentive

Century Plyboards to scale up US exports on improved tariff terms: MD

Agarwal said the broader business sentiment has improved sharply, driven by positive economic signals and expectations of stronger global engagement

Godrej Properties sells plots worth over ₹1,000 cr at project in Panipat

Godrej Properties said it has sold over 600 plots worth more than ₹1,000 crore at its Evora Estate project in Panipat, marking its most successful plotted development launch by value

Aditya Birla Lifestyle Brands Q3 net profit rises 14.4% to ₹69 cr

Shares of Aditya Birla Lifestyle Brands Ltd on Tuesday were trading at ₹112.40 on BSE during afternoon trade, up 7.51 per cent from the previous close

Varun Beverages posts quarterly profit rise on higher volumes, lower costs

Varun Beverages net profit ​rose 36 per cent to ₹252 crore ($27.87 million) in the quarter ended December 31

Adani partners Italy's Leonardo to establish helicopter ecosystem in India

The manufacturing ecosystem will look to address military demands and boost India's self-reliance in helicopter production

SC to pass interim order on Feb 9 in WhatsApp, Meta privacy policy case

The top court came down heavily on Meta Platforms Inc and WhatsApp while hearing their appeals against a Competition Commission of India order imposing a penalty of ₹213.14 crore over privacy policy

IndiGo puts focus on building resilience after December operations glitch

Capacity in the quarter through March will likely grow in the range of 10 per cent, CEO Elbers said, as the airline takes delivery of about one new aircraft a week on average

Reliance's Jio Studios buys 50% stake in award winning Sikhya Entertainment

The ₹150 crore deal brings together Jio Studios and Sikhya Entertainment to scale Indian film content for global markets

Centre can pursue $3.8 bn arbitral award against Reliance Industries

Delhi HC allows govt to file appeal against single-judge Bench order

Govt likely to consider merger of state-run financiers PFC and REC

Following the announcement, shares of the two entities surged up to 6% on Sunday's special trading session

Sun Pharma sees US generics stabilising, pins growth on innovation push

Sun Pharmaceutical Industries expects pressure on its US generics business to ease as compliance improves, while focusing growth efforts on innovation-led therapies

Godrej Properties sells homes worth ₹2K cr in Phase-I of Worli project

Planned across 2.63 acres, the project offers three-bedroom and four-bedroom residences with three apartments per floor