Company News

Tata Motors bags order to supply 70,000 commercial vehicles to Indonesia

Tata Motors has signed an agreement to supply 70,000 commercial vehicles to Indonesia through its local subsidiary, marking the largest single international CV order, industry insiders said

French drugmaker Servier bets big on India as key global export hub

French pharmaceutical group Servier plans to invest about €15 million annually to build India into a global export hub for single-pill combinations targeting emerging markets

Carlyle to take majority stake in Nido Home Finance for ₹2,100 cr

US-based private equity firm Carlyle will invest Rs 2,100 crore to acquire a majority stake in Edelweiss Group's housing finance arm Nido Home Finance, subject to regulatory approvals

Reliance Consumer Products acquires health foods maker Southern Health

Reliance Consumer Products has acquired Southern Health Foods of Tamil Nadu, owner of the Manna brand, to strengthen its foods and staples portfolio in the health foods segment

Mahindra Lifespaces and Japan's Mitsui Fudosan announce long-term JV

Mahindra Lifespace Developers has entered into a long-term joint venture with Japan's Mitsui Fudosan Group, with a premium residential project in Bengaluru as the first development

Carlyle to buy majority stake in Edelweiss home finance arm for ₹2,100 cr

Carlyle's investment includes the acquisition of a 45 per cent stake in Nido from Edelweiss through a secondary purchase and a primary equity infusion of ₹1,500 crore

Tamilnad Mercantile Bank adopts Oracle Fusion Cloud to boost efficiency

The private sector lender says Oracle Fusion Cloud Applications have helped unify finance, HR and customer experience operations, driving automation, productivity gains and cost savings

AstraZeneca gets Indian regulator's nod to market cancer drug Imfinzi

The company has received permission to import for sale and distribution of Durvalumab solution for an additional indication

L&T bags 'significant' transport infrastructure development project in UAE

The contract has been secured by the Transportation Infrastructure business vertical of the company for the improvement of Latifa Bint Hamdan Street in Dubai

US inquiring about alleged Iranian oil imports, says Adani Enterprises

The inquiry adds to ongoing scrutiny of the conglomerate, including a US bribery probe in which the group's chairman has been indicted

Standard Chartered CFO De Giorgi unexpectedly resigns to join Apollo

De Giorgi, who joined the bank in September 2023, will take on a role at Apollo Global Management Inc. as a partner and head of Europe, the Middle East and Africa

Lupin settles US patent dispute with Astellas Pharma for $90 million

The settlement resolves Lupin's ‌pending litigation with Astellas and ​enables the company to continue marketing Mirabegron in the United States

ED to issue fresh summons to Tina Ambani in money laundering probe

It is understood that she was called for questioning with regard to a money trail linked to the purchase of a luxury condominium in New York's Manhattan

Adani Enterprises in talks with US agency over bribery allegations

Adani Enterprises said it received a Request for Information from the US Office of Foreign Assets on February 4, adding the communication does not cite any findings of irregularities or non-compliance

ACME Solar secures 220 MW solar project with battery storage in MP

The tender was floated under tariff-based competitive guidelines (TBCB) for which an e-reverse auction was conducted in September 2025

Ceigall India secures 220 MW solar project with BESS worth ₹1,700 cr

The project is expected to contribute significantly to Madhya Pradesh's renewable energy capacity and support India's broader clean energy transition goals

Japanese banks lead $750 million financing for Adani Energy amid India push

The financing highlights Japanese firms' bid to capture a slice of the world's fastest-growing economy, particularly in financial services, as they seek growth and yield beyond their home market

Q3 result: Titan, Britannia, Eicher Motors, Finolex, and 308 more on Feb 10

Q3FY26 company results: Firms including Britannia, Apollo Hospitals Enterprise, Jubilant FoodWorks, Escorts Kubota and Oil India are also to release their October-December earnings today

Tesla IT executive Raj Jegannathan exits months after named to sales role

Raj Jegannathan, a Tesla vice president tapped to oversee sales in the region last year, said in a LinkedIn post that he was parting ways with the company

Corporate India's capital expenditure cycle shifts into top gear

At 13.1%, fixed asset creation by leading listed firms hit six-year high in H1FY26