Company News

Japan's JFE Steel invests ₹7,875 crore for 25% stake in JSW Kalinga Steel

The investment is the first tranche of JFE's planned stake in JSW Kalinga, with 2,26,94,524 equity shares allotted to the Japanese firm on Monday, JSW Steel said in a BSE filing

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, Bhaumik said, without mentioning the total capital expenditure for the same

JSW MG Motor India to hike prices by up to 2% on select models from April 1

The firm said that the price revision is aimed at partially offsetting the impact of continuously rising input costs

JioStar ends IPL broadcast deal in Bangladesh after local partner defaults

Though Bangladesh is reviewing the ban and had said any further steps will depend on opinion of its sports ministry, termination by JioStar means there will be no local broadcaster for the IPL season

HDFC Bank chairman's sudden exit exposes leadership rifts at top lender

HDFC Bank management and India's banking regulator denied any governance or financial problems at the lender, but its stock fell 12 per cent over three days after Chakraborty's exit

Black Box raises ₹386 cr via warrant conversion, promoters invest ₹200 cr

The company converted over 9.265 million warrants at an issue price of ₹417 per share, according to a regulatory filing

Govt eases curbs, lets state-run firms import critical equipment from China

Under the relaxation of the rules, India's largest state-run power equipment maker Bharat Heavy Electricals can procure 21 types of critical equipment from China

West Asia conflict: Gas shortage fires up CIL's e-auction premiums to 35%

Coal India's e-auction premium rose to about 35 per cent in February 2026 as gas shortages linked to the West Asia crisis pushed industrial users towards coal

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

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

Flipkart unifying technology under 'OneTech' as IPO window nears

The Walmart-backed firm is rebuilding its tech stack under 'OneTech', adopting AI-first systems and strengthening governance as it prepares for a potential IPO as early as next year

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

Insilico Medicine secures $2.75 billion drug collaboration with Eli Lilly

Pharmaceutical companies are increasingly turning to AI to accelerate R&D, betting on new modelling tools and automated labs to unlock efficiency gains across their pipeline

Jubilant FoodWorks flags limited impact from commercial LPG shortage

Domino's operator says LPG supply constraints due to West Asia tensions have had limited impact so far, as it shifts towards alternative energy sources like PNG and electricity

EPL to merge with Indovida, creating $2 billion packaging platform

The merger will create a $2-billion packaging platform combining flexible and rigid capabilities, with a strong focus on emerging markets and global expansion

EPL to merge with Indorama-backed Indovida in $2 billion packaging deal

The merged group will combine EPL's packaging operations with Indovida's plastic portfolio

'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

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"