Company News

Next phase of growth is about improving utilisation: Surendran Chemmenkotil

In a video-interview with Sohini Das, Surendran Chemmenkotil, Managing Director of Metropolis Healthcare, speaks about the company's FY27 network expansion strategy

Alembic to skip first wave of global semaglutide launches, eyes India

Alembic Pharmaceuticals said it will miss the first wave of global generic semaglutide launches but is exploring partnerships for a faster entry into the Indian market

Explained: How Anthropic's Claude plug-ins rattled Indian IT stocks

New plug-ins let Claude automate legal, sales and analytics tasks, raising fears of AI-led disruption to traditional software and IT services

IOC Q3 net profit soars six times on higher GRMs, LPG compensation

IOC's revenue from operations rose 7.7 per cent to Rs 2.36 lakh crore in the quarter ended December 2025

NCLT admits class action by minority shareholders against Jindal Poly Films

NCLT admits minority shareholders' class action against Jindal Poly Films, saying allegations of prejudicial conduct merit detailed adjudication

StarAgri sees 55% revenue jump in FY25, eyes ₹2,000 crore in FY26

StarAgri has remained profitable since inception, while its non-performing assets continue to remain below 1 per cent, reflecting disciplined risk management and balance sheet strength

PB Fintech shares jump over 9% after company cancels board meet for QIP

PB Fintech's stock rallied sharply after it scrapped a board meeting to consider a QIP, easing worries over fresh dilution and capital allocation amid plans for overseas and healthcare expansion

Cognizant gives 100% bonus to employees for 2025 after strong results

Cognizant awards a 100% bonus after beating growth estimates, with CEO Ravi Kumar saying the company has reached its "winner's circle" ahead of schedule

Oberoi Realty tops bid for Railway land in Mumbai's Bandra for ₹5,400 cr

Mumbai-based Oberoi Realty has emerged as the highest bidder for an 11-acre Railway land parcel in Bandra East for ₹5,400 crore, securing development rights on a 99-year lease

Emami to re-deploy resources to boost growth, eyes strong summer sales

The company, known for brands like BoroPlus and Navratna, indicated that while digital channels have seen rapid expansion, the rural segment remains a critical priority

ArcelorMittal Nippon Steel gets green certification under new taxonomy

ArcelorMittal Nippon Steel India's flat steel products have received government-certified green steel status under the steel ministry's new taxonomy, helping customers cut Scope 3 emissions

Voltas eyes double-digit growth, expects 1st-time buyers to lift AC demand

Industry estimates show only a tenth of Indian households own an AC, compared to two-thirds in China and one-third in Thailand

Tata Motors PV to start assembling Range Rover Evoque in new TN plant

The site, expected to become a hub for its premium cars, will eventually absorb more JLR assembly that's currently handled at Tata's Pune plant

Sun Pharma to invest ₹500 crore in Assam to set up manufacturing unit

The project is expected to generate direct employment for more than 500 people in a phased manner after commencement of operations

Oberoi Realty wins bid for 11-acre land in Mumbai for Rs 5,400 cr

The company said it participated in the bids invited by Railway Land Development Authority for the grant of a lease for the development of 45,371 sq metre of railway land in Bandra East for 99 years

Court discharges DHFL in money laundering case, cites immunity under IBC

The court, however, clarified that while DHFL as a corporate entity is discharged, the immunity does not extend to individuals involved in the case

Cognizant Q4 net profit rises 19%, to hire more freshers this year

US-listed IT major beats growth guidance for 2025 on strong deal wins, margin expansion and rising financial services demand

G Square acquires TVS founder's legacy land in Madurai for ₹167 crore

Five-acre heritage parcel in central Madurai to be developed into premium residential and commercial plotted project

RCom fraud case: Supreme Court directs ED to constitute probe team

The Supreme Court asked the Enforcement Directorate to set up a senior-level SIT to take forward the probe into alleged large-scale bank fraud involving RCOM and Anil Ambani

Medanta Q3FY26 PAT falls 33.5% on labour laws, Noida hospital costs

Depreciation, finance costs from new Noida facility and one-time labour code impact weigh on December-quarter profit