Company News

Exide sees Q3 revenue contribution from Bengaluru lithium-ion cell plant

Exide Industries expects its Bengaluru lithium-ion cell plant to begin generating revenue from Q3 FY27 as it ramps up investments in battery manufacturing and new energy

Reliance Infrastructure arm cuts debt, may come out of insolvency

Reliance Infrastructure says Mumbai Metro One has cut debt by over ₹1,100 crore through a restructuring deal with NARCL, paving the way for insolvency proceedings to be withdrawn

Vivo to hive off manufacturing unit to its JV firm with Dixon Technologies

The government on Wednesday approved Vivo Mobile India's application to form a joint venture with Dixon Technologies

Hindustan Copper appoints advisers for proposed Chile mine acquisition: CMD

The state-run miner has appointed transaction advisers for its proposed acquisition of four copper mines in Chile, with due diligence under way amid regulatory processes

Atelier Expressions to acquire luxury handcrafted mithai brand Khoya

TVS Venu Group's premium lifestyle platform will acquire a majority stake in Khoya, strengthening its portfolio of artisanal brands rooted in heritage and craftsmanship

Amazon India's Prime Day gets faster as smaller cities drive growth

Amazon India said one in two Prime Day items were delivered within minutes in Amazon Now cities, while over 70 per cent of new Prime memberships came from Tier-2 and Tier-3 markets

Mumbai Metro One signs NARCL restructuring pact, clears insolvency hurdle

The Reliance Infrastructure subsidiary has signed a debt restructuring agreement with NARCL, reducing its debt by over Rs 1,100 crore and paving the way for the withdrawal of insolvency proceedings

Delhi HC declines interim relief to Google in Hindware AdWords case

The Delhi High Court refused interim relief to Google in the Hindware trademark dispute, keeping alive a ruling that held it liable over Google Ads keyword practices

Delhi High Court dismisses Zostel's fresh plea in long-running Oyo dispute

The Delhi High Court dismissed Zostel's fresh application after it was not pressed, while listing the main appeal in the long-running dispute with Oyo for August 12

Shapoorji Pallonji Group's refinancing kickoff eases investor debt concerns

One of subsidiaries will issue about ₹15,000 cr worth of rupee-denominated bonds to a group of investors including Farallon Capital Management, Davidson Kempner Capital & Cerberus Capital Management

Indian Bank Q1 results: Net profit rises 10% to ₹3,273 cr, revenue up 11%

The Chennai-based lender had earned a net profit of ₹ 2,973 crore in the same quarter of the previous fiscal

Adani Enterprises, France's Dioxycle to build low-carbon chemicals in India

The project will be located at an Adani Group site and aims to demonstrate how captured carbon emissions can be converted into industrial chemicals using renewable power

HFCL bags ₹495 cr optical fibre cable export order from data centre company

The order has to be executed by December 2026, HFCL said in the filing

Singapore's Helios bets on flagship Adani stock, buys 770,000 shares of AEL

The Singapore-based asset manager bought about 770,000 shares of Adani Enterprises Ltd. in the second quarter across three of its funds, two of which were first-time buyers

CBI files first chargesheet against 4 in ₹3,526-crore RHFL bank fraud case

The CBI has filed chargesheet in alleged ₹3,526-cr bank fraud involving RHFL, accusing former executives of conspiring to divert borrowed funds & cause losses to a consortium of 10 public sector banks

SBI to sell 1.42% stake in SBI Funds Management in pre-IPO placement

The stake sale at ₹574 per share - the top end of the asset manager's IPO price band - provides an early benchmark for the unit's valuation and indicates institutional demand before public offering

Marico to keep focus on strengthening growth engines in FY27: Chairman

Marico will focus on strategy, which will aim at category leadership, premiumisation, market expansion, digital enablement, and continue to guide its priorities & investments, supported by execution

Google moves Delhi HC Division Bench, challenges bar on keyword bidding

Co likely to content keyword bidding helps smaller players, gives level playing field for discoverability

JK Tyre plans additional 5%-6% price hikes by September-end

The hikes reflect pressure across the auto-parts sector after an oil price rally linked to the Middle East conflict drove up the cost of petroleum-based inputs, energy and freight.

TCS adds 9,279 employees in Q1, marks second straight quarter of hiring

Tata Consultancy Services added 9,279 employees in the first quarter, signalling improved visibility on deal pipelines despite persistent macroeconomic uncertainty and AI-led disruption