Company News

PepsiCo veteran George Kovoor named chief executive of Parle Biscuits

Kovoor joins the Parle-G maker after spending three decades at PepsiCo across consumer businesses and markets

Ujjivan SFB CEO Sanjeev Nautiyal seeks early retirement on health grounds

Carol Furtado has been appointed acting MD and CEO with immediate effect, subject to RBI approval, while the bank begins the process of identifying a successor

CPP Investments commits up to ₹2,070 crore to NIIF Infrastructure Fund II

NIIF Infrastructure Fund II has achieved a first close of ₹19,000 crore, more than 60 per cent of its ₹30,000 crore target, and will invest across key infrastructure sectors

Power push to lift revenue growth 100-200 basis points for large EPC cos

Power investments, steady government infrastructure spending and overseas opportunities are expected to strengthen order books, though commodity inflation may pressure margins

Sun Pharma signs US deal to offer 'most favoured nation' pricing on drugs

India's largest drugmaker will extend Most Favoured Nation pricing to US state Medicaid programmes and future innovative medicine launches

Tata Motors commercial vehicle sales jump 49% to 44,411 units in August

Tata Motors' domestic commercial vehicle sales rose 33% to 36,619 units, while international business volumes surged 227% to 7,792 units in August

NCLT bars Subhash Chandra from disposing of properties in insolvency case

A five-member NCLT bench said there was no majority view on Chandra's repayment plan and directed him not to alienate his properties directly or indirectly

NCLT stays order approving Subhash Chandra's ₹6.25 crore repayment plan

NCLT stays approval of Subhash Chandra's ₹6.25 crore repayment plan, saying no clear majority emerged in earlier orders; it also bars Chandra from transferring or selling any property

JSW MG Motor India posts 14% rise in August wholesales at 7,508 units

JSW MG Motor India last month launched its Tomahawk SUV, built on the company's first SUV on its Multi-New Energy Vehicle platform, ADAPT

M&M vehicle sales jump 42% to 108K units in August on high SUV demand

Mahindra & Mahindra's domestic SUV sales rose 50% year-on-year to 59,257 units in August, while commercial vehicle sales grew 22% to 27,415 units

HFCL signs three-year optical fibre cable supply deal worth ₹2,329 crore

The three-year agreement will see HFCL supply high-fibre-count optical fibre cables to a global multinational customer through December 2029

Maruti raises FY27-31 capex target to ₹77,500 crore for expansion, R&D

Maruti Suzuki India plans ₹77,500 crore in capital expenditure through FY31 for capacity expansion, new models, R&D, cleaner manufacturing and sales infrastructure

Piramal Fin raises ₹2,100 cr via QIP; total fundraise at ₹3,850 cr

The NBFC raised ₹2,100 crore from institutional investors through a QIP and plans a ₹1,750-crore promoter warrant issue, subject to shareholder and regulatory approvals

Zomato to cut about 250 jobs as its shuts Hyderabad customer support centre

The affected employees work through third-party service providers as Zomato increasingly adopts AI and automation for customer support through its in-house Nugget platform

GRT Jewellers to acquire 74.12% stake in 162-year-old TBZ for ₹1,034 cr

GRT will also launch an open offer for another 26 per cent in TBZ under Sebi regulations, as the jewellery retailer looks to expand its presence across India

GRT Jewellers to acquire 74.12% stake in Tribhovandas Bhimji Zaveri

GRT will acquire the stake from the firm's top shareholders and launch an ​open offer for an about 26% additional stake, the companies ‌said in a press release.

ITC Infotech, Happiest Minds Technologies to merge in ₹1,330 crore deal

ITC will hold about 73.4 per cent in the merged company, which will have over 19,000 employees, serve 800 customers and target $1 billion in annual revenue by FY28

Coal India prepares to list MCL, SECL after board approval: B Sairam

The move follows the listings of BCCL in January and CMPDI in March 2026; Coal India is considering around 25 per cent equity dilution in MCL and SECL

Parth Jindal takes the wheel as JSW's auto ambitions gather pace

His elevation as chairman of JSW MG Motor comes as group expands MG, prepares its own cars and explores a potential partnership with Volkswagen

Brigade Enterprises forays into Coimbatore housing, eyes ₹600 cr revenue

Realty firm Brigade Enterprises Ltd on Monday said it has launched its first housing project in Coimbatore for sale and expects a total revenue of Rs 600 crore from this upcoming property.