Company News

Anil Agarwal claims Jaypee asset bid reversal after written confirmation

In a social media post, Agarwal said Vedanta was "declared the highest bidder publicly" to acquire Jaiprakash Associates Ltd (JAL) through the insolvency process

Jio Fin Services expects to start life, general insurance biz in 2026

The financial services company does not have any immediate plan to get into the unsecured and consumer durable lending businesses

CaratLane eyes retail expansion with 40 new stores across India in FY27

The funds needed for the expansion of these stores will be raised internally, MD Bhaumik said, without mentioning the total capital expenditure for the same

'Reliance SEZ export duty clarity key under govt's fuel tax overhaul'

Under the revised framework, effective March 26, India has imposed export duties of Rs 21.50 per litre on diesel and Rs 29.50 per litre on aviation turbine fuel (ATF)

ZEISS bets big on India as youth boost demand for vision products

India, China and Southeast Asia are the fastest-growing markets globally for ZEISS. In terms of consumer trends, India is a very early adopter

CMS Info Systems acquires FSS' ATM management business for ₹115 crore

The transaction involves the transfer of operating assets and novation of customer contracts, and is expected to close in Q1FY27, according to a statement

Vedanta set to split into five listed companies next month: Report

According to Chairman Anil Agarwal, the combined market capitalisation of the five companies would be much higher than the conglomerate's current $27 billion

Over 400K KitKat bars stolen en route from Italy to Poland, says Nestle

The company, based in Vevey, Switzerland, said in a statement on Friday that "the vehicle and its load are still nowhere to be found"

West Asia crisis hits LPG supply across parts of Jubilant's network

Stating that it has resilient systems and processes in place to navigate short'term operational challenges, JFL said it and will continue to closely monitor the situation

India's growth driven by human capital, digital progress: ICICI Bank CEO

ICICI Bank CEO Sandeep Bakhshi on Saturday said India's strong growth has been driven by human capital and digital progress

Table Space leases 1.45 lakh sq feet commercial space in Gurugram

According to transaction documents accessed by Propstack, the company will pay rent for a chargeable area of 145,181 square feet, putting the monthly rent rate at ₹185 per square foot

Adani Defence hands over first batch of 2,000 'Prahar' LMGs to Indian Army

The 7.62 mm-calibre weapon has been manufactured by Adani Defence and Aerospace at its Small Arms Complex located on the outskirts of Gwalior

Fortis Healthcare arm receives ₹117 crore income tax demand, weighs appeal

Fortis Hospitals Ltd is in receipt of an income tax order dated March 27, 2026, for AY 2024-25 and a demand of ₹117.04 crore has been raised, it said in a regulatory filing

India flies out of emerging market bracket of BSH Home Appliances

BSH Home Appliances has made India a standalone region after 15% growth in 2025, driven by premiumisation and rising demand across key appliance categories

Maersk halts operations at Oman's Salalah port due to security incident

All Maersk crew were safe and accounted for, and no company cargo or vessels were affected, the shipping giant said in a statement

Fino PB withdraws resolution seeking shareholders' nod to reappoint CEO

Bank says Rishi Gupta's candidature 'remains unaffected', proposal will be reconsidered after regulatory review

Better cash recovery and track record kept Adani ahead in JAL race

NCLT clears Adani Enterprises' ₹15,000 crore JAL plan despite lower bid, spotlighting IBC's shift from highest offer to recovery certainty

APSEZ sets up India's first Port of Refuge to boost maritime safety

The firm has identified Dighi Port on the west coast and Gopalpur Port on the east coast as PoR locations; the two ports will support traffic in the Arabian Sea and the Bay of Bengal

NFRA flags audit independence concerns in Deloitte, Walker Chandiok

The audit regulator flagged independence issues in Deloitte and Walker Chandiok, citing concerns over non-audit services and compliance gaps in inspection reports

EaseMyTrip co-founder buys ₹15.9 cr penthouse in DLF's Mumbai project

Rikant Pittie acquires a luxury penthouse in DLF's Andheri West project for Rs 15.9 crore, marking one of the highest per square foot transactions in Mumbai's western suburbs