Company News

Embassy Developments to invest ₹7,000 crore in Mumbai housing market

Bengaluru-based Embassy Group also has two other listed firms -- WeWork India and Embassy Office Parks REIT

Tata Motors launches new e-trucks; says TCO parity with diesel in 3-5 years

Wagh said Tata Motors is targeting hard-to-abate sectors with a full e-truck ecosystem, and added it will participate in the upcoming 6,000-bus tender after missing the 10,900 e-bus order

Ikea plans to double India investment to more than $2.20 billion over 5 yrs

Ikea, which opened its first India store in 2018 in Hyderabad, will begin accepting online orders in four other cities where it currently does not have a physical presence

Lodha signs MoU with Maharashtra to invest ₹1 trn in data centre park

The developer said the additional investment will support a 2.5 GW green integrated data centre park in the Mumbai region, expected to create over 16,000 jobs and host global players

Air India begins returning belongings of Ahmedabad crash victims: Details

Air India has shared details of recovered items with families through email and a dedicated website

Lodha Developers to invest ₹1 trillion more in Maharashtra data centre park

The ‌group said that ​the 2.5-gigawatt data center park will be the largest of its kind in India; firms including Amazon and STT Global Data Centers ‍have purchased ‌land parcels at ​the site

No global expansion plans, yet to tap 85-90% of India's market: Swiggy

Swiggy sees strong growth potential in India, with 85-90% of the food delivery market still untapped, and says it has no immediate plans for global expansion

Ikea expands South India footprint with online delivery in Tamil Nadu

The Swedish furniture retailer will begin EV-powered doorstep deliveries across key Tamil Nadu cities, with orders fulfilled through its Bengaluru distribution network

ICICI Lombard looks to outperform industry's premium growth in Q4

ICICI Lombard expects to outperform industry premium growth by 100-200 bps, driven by motor, health and commercial lines, says CFO

Punjab National Bank logs best ever quarterly profit of ₹5,100 cr in Q3

Punjab National Bank posts its highest-ever quarterly profit in Q3FY26, aided by strong non-interest income, improved asset quality and higher capital adequacy

Hindustan Zinc Q3 results: Profit surges 46% on silver-led revenue boost

Record revenue, five-year low cost of production and rally in silver prices lift earnings to all-time high

Next round of tariff hikes likely after Jio IPO; analysts expect 15% rise

Delay in hikes due to organic increase in market leader Jio's ARPU

IT union flags delay in 250 engineering grads' onboarding by Wipro

NITES said that the global IT firm Wipro issued letter of intent to graduates in May last year, confirming their selection, detailing the role, compensation structure and onboarding process

NCLAT upholds resolution plan of Adani Power for Vidarbha Industries

NCLAT upholds Adani Power's ₹4,000 crore resolution plan for Vidarbha Industries Power, rejecting challenges on CIRP timeline and operational creditor payouts under the IBC

L&T Realty acquires land rights in Mumbai's Lower Parel for ₹448 crore

L&T Realty acquires land rights in Mumbai's Lower Parel for ₹448.6 crore to develop a commercial office project in one of the city's prime micro-markets

ICICI Bank shares dip 2% after ₹1,283 crore agri loan provisioning

ICICI Bank shares fell over 2% after RBI flagged gaps in agri PSL classification, forcing higher provisions and a 4% drop in Q3 net profit

Leadership continuity positive for ICICI Bank as provisions weigh on profit

Reversal of provisioning is also expected to support the stock going ahead

LTIMindtree Q3FY26 results: Net profit slides 10.5% to ₹971 crore

LTIMindtree's Q3FY26 profit falls 10.5% to ₹971 crore due to labour code impact, even as revenue grows 11.6% on strong BFSI and manufacturing deals

Oberoi Realty's Q3FY26 results: Profit grows marginally to ₹622 crore

Oberoi Realty's Q3FY26 profit rises marginally to ₹622.6 crore, missing estimates; revenue up 5.8%, no new launches during the quarter

Sun Pharma terms $10 billion Organon acquisition reports 'speculative'

Sun Pharmaceutical said reports of a $10 billion acquisition of US-based Organon are speculative, adding there is no material information requiring disclosure to exchanges