Company News
Maruti Suzuki India's Y-o-Y sales rise 12% to 236,963 units in January
The auto major dispatched a total of 212,251 units in the same month last year
 "Maruti Suzuki India's Y-o-Y sales rise 12% to 236,963 units in January")
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
 "Sun Pharma sees US generics stabilising, pins growth on innovation push")
GIC, Mubadala in talks to join KKR's $10 billion deal to acquire STT GDC
The sovereign wealth funds GIC Pte and Mubadala Investment Co. from Singapore and Abu Dhabi are set to back the KKR-led transaction as minority co-investors
 "GIC, Mubadala in talks to join KKR's $10 billion deal to acquire STT GDC")
KKR-led group nears deal to buy Singapore data-center firm STT GDC: WSJ
KKR-led consortium with Singtel nears a deal to acquire ST Telemedia Global Data Centres, valuing the firm at over $10 billion amid surging AI-driven demand
 "KKR-led group nears deal to buy Singapore data-center firm STT GDC: WSJ")
Hyundai Motors India's sales rise 11.5% to 73,137 units in January
MD and CEO Tarun Garg said this reflects not only Hyundai's brand leadership but also the collective strength of people, partners and customers
 "Hyundai Motors India's sales rise 11.5% to 73,137 units in January")
Pramit Jhaveri to step down from Sir Dorabji Tata Trust board at term's end
Jhaveri said the decision had been discussed earlier with Noel Tata and was now being formally communicated
 "Pramit Jhaveri to step down from Sir Dorabji Tata Trust board at term's end")
US SEC fraud case against Adani to proceed after procedural issue resolved
In a Friday filing in a Brooklyn federal court, the SEC and US lawyers for Gautam and Sagar Adani said they agreed to accept legal papers, removing the need for a judge's ruling on service
 "US SEC fraud case against Adani to proceed after procedural issue resolved")
Glenmark Q3 profit rises 15% on strong market performance; Revenue up 15%
Pharma major reports double-digit growth in Q3 as India and North America lead performance, though profit and revenue declined sequentially
 "Glenmark Q3 profit rises 15% on strong market performance; Revenue up 15%")
Nestle India sees strongest volume growth in 5 years; profit surges 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
 "Nestle India sees strongest volume growth in 5 years; profit surges 45%")
Google India profit flat at ₹1,437 crore in FY25 as revenue dips 3.2%
Google India's standalone profit stayed flat at ₹1,436.9 crore in FY25 as revenue dipped and employee and tax expenses rose
 "Google India profit flat at ₹1,437 crore in FY25 as revenue dips 3.2%")
EV maker Ola Electric to cut about 5% of workforce in restructuring
The Bhavish Aggarwal-led EV maker is pursuing a turnaround strategy focused on improving service delivery and increasing automation across front-end operations
 "EV maker Ola Electric to cut about 5% of workforce in restructuring")
Meesho swings to ₹490 crore Q3 loss as costs outpace revenue growth
Recently listed e-commerce firm reports higher logistics, employee and restructuring costs in the December quarter despite strong revenue growth
 "Meesho swings to ₹490 crore Q3 loss as costs outpace revenue growth")
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
 "Paytm wants to tackle UPI concentration risk via organic tech plans")
Ola Electric to cut 5% of workforce amid automation, profitability push
Ola Electric said it would lay off around 5 per cent of its workforce as part of a restructuring aimed at boosting profitability through greater automation
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
 "Niva Bupa aims to turn profitable in Q4 FY26: CFO Mahendra Vishwanath")
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
 "Godrej Properties acquires 8.5-acre Pune land, eyes ₹2,000 cr revenue")
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
 "Apple to open second Mumbai store soon as it expands India retail")
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
 "ITC to roll out freshness-led packaged foods via e-commerce platform")
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
 "Dr Lal PathLabs Q3 net profit falls 6.4% on new labour code impact")
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
 "BPCL seeks $10-12 per barrel discount on Venezuelan crude for viability")